About this role: Wells Fargo is seeking a Lead Business Execution Consultant in Corporate Risk Regulatory Execution (CRRE) as part of the
Operational Risk Management Regulatory Execution team. Learn more about the career areas and business divisions at wellsfargojobs.com .
Corporate Risk Regulatory Execution (CRRE) partners closely with key subject matter experts and accountable owners in Corporate Risk and the front line to integrate remediation efforts, make sure dependencies across Corporate Risk's regulatory book of work are well understood, resolve conflicts across the portfolio, and help evaluate and communicate how the company's risk management effectiveness is improving.
The Operational Risk Management Regulatory Execution team supports regulatory remediation efforts for Operational Risk Management (ORM), evaluating supervisory impacts of changes and connectivity to related matters. The team conducts health checks over ORM regulatory matters and drives key messaging regarding operational risk programs and oversight teams.
In this role, you will: Learn Operational Risk Management (ORM) regulatory commitments and work with ORM leadership to analyze changes that impact regulatory commitments:
- Develop and maintain a connectivity analysis of ORM programs to Wells Fargo issues, matters requiring attention and consent orders. In this role, you will need to analyze regulatory and audit correspondence to gain an understanding of commitments and contribute to a Corporate Risk coordinated connectivity analysis platform
- Leveraging risk management knowledge, understand the connectivity of regulatory changes to interconnected risk programs.
- Partner with various stakeholders across the Bank to mitigate any potential risks related to a regulatory matter
- Perform analysis through data and fact finding requiring creative approaches to solving complex issues, and developing appropriate solutions or recommendations
- Analyze and understand the connectivity between regulatory corrective actions and commitments.
- Draw connection points across other regulatory matters (and regulatory feedback) outside of the direct line of coverage so the Bank can demonstrate its commitment to our regulatory priorities
- Collaborate and consult with members of the Business Execution team and team leaders to drive strategic initiatives
- Develop project plans for each regulatory change -identify due dates, engage with stakeholders, track action items, and hold people accountable
Support the sustainability of completed commitments:
- Oversee execution of remediation activities and challenge appropriately to ensure matters are fully resolved timely
- Monitor and independently challenge the reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding operational risk management
- Provide regulatory operational risk expertise and consulting for projects and initiatives with high risk over multiple business lines
- Review closure memos for completeness, accuracy and validate that artifacts support the explanation
Required Qualifications:- 5+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:- Meaningful knowledge of corporate/business policies, and operational risk programs (Risk Management Framework, Operational Risk Program Policy, Risk & Control Assessments, Risk Measurement, Issue Management, Operational Risk Events, Scenario Analysis & Stress Testing, Testing & Monitoring)
- Experience with issue management policy, including managing an issue remediation to closure, including success criteria, suite of controls, artifacts, and development of closure materials.
- Experience providing reporting and updates to senior-level management
- Strong analytical skills with high attention to detail and accuracy
- Project management or strong organizational skills
- Ability to articulate complex concepts in a clear manner
- Excellent verbal, written, and interpersonal communication skills
- Demonstrated leadership ability that embodies the Wells Fargo Vision and Values and leadership competencies
- Advanced Microsoft Office skills
Job Expectations:- This position offers a hybrid work schedule.
- Ability to work at the approved location(s) in the job posting.
- This position is not eligible for Visa sponsorship
Work Locations: - 401 S Tryon St - Charlotte, NC 28202
- 600 S 4th St - Minneapolis, MN 55415
- 800 S Jordan Creek Pkwy - West Des Moines, IA
- 250 E John Carpenter Frwy - Irving, TX 75062
- 2700 S Price Rd - Chandler, AZ
Job posting may come down early due to volume of applicants
Pay RangeReflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$96,600.00 - $171,800.00
Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Posting End Date:19 Nov 2024
* Job posting may come down early due to volume of applicants. We Value DiversityAt Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
