Wells Fargo Hires Julia Bates as Technology Control Executive

Wells Fargo has named former JP Morgan Chief Control Manager Julia Bates as it's Technology Control Executive, the firm announced yesterday.

In her new role, Bates will report jointly to Saul Van Beurden, Head of Technology, and the Wells Fargo Control Executive to be named. Bates joined the company on April 9.

As the technology control executive, Bates will help implement and execute Wells Fargo technology’s Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term program, with a focus on continuing to develop a strong risk and control function that aligns with the overarching Wells Fargo strategy.

She will also provide counsel on technology risk and control issues as well as direct issue management and remediation efforts.

“The Technology Control function is key to maintaining strong risk management across the organization. Julia’s broad risk and control experience, as well as her demonstrated leadership across a variety of financial management functions, make her a tremendous addition to the team,” said Van Beurden. “I am thrilled to welcome Julia to Wells Fargo.”

Decades of experience

Bates brings more than 20 years of financial services industry experience to her new position, with leadership roles in control management, asset management, and finance.

Most recently, she was chief control manager for JP Morgan Chase’s Commercial Bank, responsible for driving a control environment to safeguard the business. Prior to that, she was Head of Individual & Business Retirement and Director of Investor Relations for the firm.

Throughout her career, Bates has focused on mentoring junior-level talent and women, holding executive sponsorship roles of several programs focused on interns, college recruits, and women in leadership roles.