Chief Operating Office Business Risk Control and Regulatory Oversight Summer Internship null

Your Role

Business Overview:

The Business Risk Control and Regulatory Oversight Early Talent program encompasses four unique pathways to learn and gain meaningful work experience while growing your expertise. At Wells Fargo, they are committed to a strong business-control infrastructure to protect the business and provide a positive client experience.

• Control Management is a financial industry function that collaborates with and influences front-line business groups and functions through assessment and mitigation of operational risk across Wells Fargo. Program participants have the opportunity to work within Control Management to support one of the 15 Wells Fargo business divisions. Participants in program select rotation to engage in a variety of experiences to build a personal career path.
• Regulatory and Policy Affairs (RAPA) is responsible for Wells Fargo Regulatory Relations, the Enterprise ​Policy Office, Non-Financial Regulatory Reporting Governance, and the Office of Consumer Practices. The team focuses on ensuring an integrated and holistic approach to Wells Fargo’s regulatory, policy and governance activities and ensuring communication and coordination of engagements across multiple stakeholders​​.
• Risk Transformation and Execution is the company’s primary operational risk and control identification and assessment tool used to assess operational, compliance and model risks. RCSA helps to demonstrate an understanding of risks and controls, reduce the cost of control by identifying duplicative and unnecessary controls, and provide confidence and assurance through change or during periods of stress. The team is dedicated to the governance and oversight of risk activities across the organization to ensure consistent execution and outcomes.
• Sales Practices and Conduct Management is a front-line operation responsible for looking into reports of possible employee misconduct across Wells Fargo. The group analyzes trends and shares reporting and insights with business partners to support the company in managing conduct-related issues. The team leads the Insider Threat and Conflicts of Interest programs, helping to protect Wells Fargo resources and ensure employees are acting in the company’s best interests. It is also home to the Loudspeaker program, which strives to improve their customer and employee experience through the solicitation of employee input and ideas.

Through posting to this job requisition, you will choose which of the program(s) you would like to consider. Eligible applicants will have an opportunity to learn more about the listed internship opportunities and interview for programs based on interest and availability.

In this role, you will:

• Participate in formal internship program and workshop initiatives
• Review various assignments to become familiar with policies and procedures for which answers can be quickly obtained, related to low-to-medium risk tasks and deliverables
• Receive direction from managers in a matrixed environment and exercise independent judgment while developing understanding of compliance and risk management requirements for the supported area
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Program Locations:

• Charlotte, NC (CM, SPCM, RAPA, RT)
• Dallas, TX (CM, RT)
• Des Moines, IA (CM, RAPA)
• Minneapolis, MN (CM, RAPA)
• New York, NY (CM, RAPA)
• Phoenix, AZ (CM, RAPA)
• St. Louis, MO (RAPA)

Program date and work hours: Summer 2025, 40-hour workweek - daily working hours are based on business needs.

About You

Required Qualifications:

• 6+ months of work experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• Wells Fargo will only consider candidates who are presently authorized to work for any employer in the United States and who will not require work visa sponsorship from Wells Fargo now or in the future in order to retain their authorization to work in the United States.

Desired Qualifications:

• Currently pursuing a bachelor’s degree with an expected graduation between December 2025 – May/June 2026
• Excellent verbal, written, and interpersonal communication skills
• Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
• Involvement in extracurricular enrichment activities through one or more of the following: volunteerism, student organization involvement, study abroad program(s), leadership position(s), non-profit involvement
• Pursuing a bachelor’s degree in any of the following: Business Administration, Business Intelligence, Finance, Economics, Engineering, Statistics, Technology, Communication, Accounting, Mathematics, Analytics, Physics, Political Science, Pre-law, Government, Policy and Management, Computer Science, Management and Risk Management or related business field. All majors are welcome.
• Knowledge and/or experience in the financial services industry
• Demonstrated interest and/or experience in manipulating data and reporting, data visualization, and/or data insights

Ideal candidates for this role must have the following:

• Ability to work in a fast paced, highly collaborative culture in both a face-to-face and virtual environment
• Energetic self-starter who proactively takes initiative, remains curious and has a genuine interest in learning and growth
• Possess leadership skills
• Attention to detail
• Effective verbal and written communication skills
• Ability to prioritize multiple tasks
• Ability to take on responsibility and accountability
• Demonstrated ability to navigate regular feedback, coaching, and mentoring during your program 
• Have the ability to work in a fast-paced, highly-collaborative culture in both a face-to-face and a virtual environment

Some of the open positions would benefit from candidates with one or more of the following professional skills or certifications:

• Data analytics, including experience in SQL, PowerBI, JIRA, SharePoint, and/or Tableau
• Experience in Agile methodology
• SIE Certifications
• CAMS (Certified anti-money laundering specialist)
• CRCM  (Certified regulatory compliance manager)
• CAFP (Certified AML and Fraud professional)

Job Expectation:

• Ability to travel 10% or more of the time

Compensation & Benefits

The salary range for this position is USD $20.00 - USD $45.00/hour. If you join as a full-time employee, you will also have access to the following:

• Medical, dental, and vision benefits
• Well-being support tools and resources
• Parental and critical caregiving leaves
• Competitive paid time off
• 401(k) Plan
• Discounts & savings
• Commuter benefits
• Tuition reimbursements
• Scholarships for dependent children
• Adoption and surrogacy reimbursement

Training & Development

The summer internship program is a professional development program providing participants with a 10-week overview of Wells Fargo and a high-level understanding of the company's operations, business strategies, and corporate culture. The internship experience includes relationship building, relevant work assignments, coaching, performance feedback sessions, and informative learning sessions with key leaders.

It is designed to provide undergraduate students with an experiential overview of the applicable team under business risk control and regulatory oversight functions and how they support mitigating risk through data analytics, reporting, collaboration, consulting, or creating efficiencies. The program incorporates real-world scenarios and experiences to help prepare you for a rewarding career at Wells Fargo.

Career Progression

Participants have an opportunity to choose their career path through this internship that may result in an offer into their 2-year rotational analyst program. This competitive internship targets exceptional juniors and is a pipeline program where successful interns may receive an offer to return the following year to join the full-time Analyst Program. If you excel in your internship and there is a vacant position, you may get offered a full-time position at Wells Fargo upon graduation.

Sources

The following sources were used in researching this page:

• wellsfargojobs.com/en/jobs/
• wellsfargojobs.com/en/life-at-wells-fargo/benefits/
• youtube.com/@wellsfargo