Business Risk Control and Regulatory Oversight Summer Internship

Job Description

About Wells Fargo:

Wells Fargo & Company is a leading financial services company that provides banking, investment, mortgage, and consumer and commercial finance products and services. They are committed to a strong business-control infrastructure to protect the business and provide a positive client experience.

Job Description:

Wells Fargo is seeking talented individuals to join the Business Risk Control and Regulatory Oversight team under the Chief Operating Office (COO) organization for a 2025 summer internship. This competitive internship program provides participants with a 10-week overview of Wells Fargo, its operations, business strategies, and corporate culture.

The internship program encompasses five unique pathways:

• Control Management: Participants work within Control Management to support one of the 15 Wells Fargo business divisions, assessing and mitigating operational risk.
• Enterprise Complaints and Remediation (ECR): Participants support functions that address customer concerns, provide remediation for operational breakdowns, and conduct impact assessments.
• Regulatory and Policy Affairs (RAPA): Participants work with the team responsible for regulatory relations, enterprise policy, non-financial reporting governance, and consumer practices.
• Risk Transformation and Execution: Participants assist with the company’s operational risk and control identification and assessment tool (RCSA), ensuring consistent execution and outcomes.
• Sales Practices and Conduct Management: Participants gain experience in investigating employee misconduct, analyzing trends, and supporting the company in managing conduct-related issues.

During the internship, participants will:

• Participate in formal internship program and workshop initiatives
• Review assignments to become familiar with policies and procedures
• Receive direction from managers in a matrixed environment
• Develop an understanding of compliance and risk management requirements
• Collaborate and consult with peers, colleagues, and managers to resolve issues

Ideal candidates will possess:

• Ability to work in a fast-paced, highly collaborative environment
• Proactive initiative, curiosity, and a genuine interest in learning
• 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

Additional qualifications that may be beneficial:

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

Program details:

• Date: Summer 2025
• Duration: 10 weeks
• Work week: 40 hours
• Locations: Charlotte, NC; Dallas, TX; Des Moines, IA; Minneapolis, MN; New York, NY; Phoenix, AZ; St. Louis, MO

Qualifications:

• Required: 6+ months of work experience or equivalent demonstrated through training, military experience, or education.
• Desired: Currently pursuing a bachelor’s degree with an expected graduation between December 2025 and May/June 2026.

Job Expectations:

• Ability to travel 10% or more of the time.
• Successful interns may receive an offer to return the following year to join the full-time Analyst Program.

This internship program offers a valuable opportunity for undergraduate students to gain hands-on experience in the financial services industry, learn about risk management and compliance, and develop their professional skills.