Today’s landscape of corporate governance is in a constant state of change. Auditors and risk management professionals are playing a critical role in helping organizations navigate the challenges. Our team provides independent, objective assurance, and advisory services delivered through a highly professional and diverse team.
Gain experience in the fields of risk, information security, cyber security, financial crimes, and regulatory compliance at Wells Fargo.
Wells Fargo’s Risk Management is organized along three lines of defense, each of which has distinct objectives and responsibilities. This integrated risk management approach is built on strong relationships and willing partnerships—it promotes greater coordination and communication among the three lines, and strengthens independent oversight by both Corporate Risk and independent assurance by Wells Fargo Audit Services.
Wells Fargo views risk management as a strategic priority using sophisticated models, tools, and analytics to support our customers and to monitor and manage our business each day. During your program you will be placed in one of the following Risk businesses:
- Corporate Credit & Market Risk: responsible for independently overseeing the management of credit risk exposures (including monitoring and reporting on aggregate credit exposures across groups, legal entities, geographies, and jurisdictions) and the quality of credit risk management practices across the company. This oversight extends to all phases of a loan’s life cycle, including origination, underwriting, risk analysis, approval, documentation, boarding, monitoring, loss recognition, modification, and collection activities. More specifically, Corporate Credit & Market Risk develops, maintains and ensures adherence to enterprise-wide credit risk frameworks, policies, and procedures that are aligned with Board-approved risk appetite.
- Corporate Enterprise Risk Group: responsible for independently overseeing a broad collection of activities and risk types. CERG's principal focus, however, is overseeing the management of four key risk types: liquidity risk, strategic risk, emerging risk, and cross-functional risk.
- Corporate Risk Program Office: provides leadership and coordination of the initiatives designed to address open regulatory concerns, strengthen Corporate Risk, and ensure that Wells Fargo meets its aspiration to be a global leader in risk management. Responsible for overseeing the quality and timely completion of Corporate Risk initiatives.
- Operational Risk & Compliance: manages second-line-of-defense risk activities across Enterprise Information Security, Financial Crimes Risk Management, Corporate Model Risk, Operational Risk, Regulatory Compliance Risk Management and Technology Risk. The team is focused on building an operational risk organization with consistency and simplification across all six risk areas, ensuring strong communication and coordination among the three lines of defense. Operational Risk & Compliance comprises the following teams: Corporate Business Initiatives & Operations, Corporate Model Risk, Enterprise Information Security, Financial Crimes Risk Management, Operational Risk, Regulatory Compliance Risk Management, and Technology Risk.
Internship Opportunities
Corporate Risk Internship Program
Program Locations: Charlotte, New York, San Francisco
Program Length: 10 weeks (June - August)
After successfully completing this summer program, you’ll be prepared to apply to a full-time position once you graduate.
Qualifications:
- Bachelor's degree candidate with an expected graduation within two years subsequent to the summer internship
- Excellent verbal, written, and interpersonal communication skills
- A high level of initiative, accountability, and attention to detail
- Strong organizational skills, ability to multitask, and work in a deadline-driven environment
- Demonstrated proficiency with Microsoft Office including Word, Excel, PowerPoint, and Outlook
- Interest/ experience in manipulating data and reporting, data visualization, and/or data analytics
- Interest/experience in risk, information technology, statistics, economics, and/or analytics
Interested in this program? Find out more about the Application Process and Deadlines HERE.
Full-Time Opportunities
Enterprise Talent Program
Program Locations: Charlotte, NC; San Francisco, CA; Other locations based on business needs
Program Length: 1 year
After successfully completing the program, you will be placed into a permanent role within your identified group in Corporate Risk.
Qualifications:
- Undergraduate program candidate with a Bachelor’s Degree received by June
- At least three months of professional experience through internships, part- or full-time work, or demonstrated leadership experience in a community setting
- Proven completion of coursework in Risk, Information Technology, Statistics, Economics, and/or Data Analytics
- Proven competency and comfort with written and oral communication
- Demonstrated ability to organize tasks, manage time, and establish priorities and deadlines
- Intermediate PC and Microsoft Office applications experience (Word, Excel, PowerPoint, Outlook)
- Demonstrated experience successfully collaborating with others in a change driven environment
Interested in this program? Find out more about the Application Process and Deadlines HERE.