About this role:Wells Fargo is seeking a Senior Lead Operational Risk Officer in Operational Risk Management as part of the Commercial Banking Client Insights and Commercial Lending Product Management (CIPM) Operational Risk Business Oversight team. This role is expected to engage with business and risk resources within the front line to influence and challenge risk management activities and decisions with an emphasis towards data management, artificial intelligence and change management risk oversight based on Commercial Banking product knowledge. Learn more about the career areas and lines of business at wellsfargojobs.com.
In this role, you will:- Provide companywide oversight and governance of an integrated operational risk program or initiative
- Develop and drive innovative operational risk approaches and solutions companywide through an influence model
- Identify potential business operational risks
- Develop and drive innovative operational risk approaches and solutions companywide through an influence model
- Constructively and independently challenge existing risk management fundamentals or assumptions and develop alternative approaches and solutions
- Evaluate long term implications and consequences of strategic business decisions and recommend appropriate alternatives for risk management
- Lead implementation of complex initiatives with high risk, generally spanning multiple business lines
- Consult to the business on corrective action plans and effectively managing change
- Influence and negotiate with executive management and business heads as high-level stakeholders both within and outside Wells Fargo
- Lead initiatives and virtual teams across the organization to deliver companywide business risk management transformations
- Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
- Lead project or virtual teams and mentor less experienced staff
Required Qualifications:- 7+ years of Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:- Strong understanding of Commercial Banking product knowledge, data management, change management, transformation initiatives and implementation oversight.
- Strong understanding of Risk Control Self-Assessment (RCSA)
- Strong understanding of corporate/business policies, and programs as it relates to Commercial Banking.
- Strong understanding of data, processes, products, customer interactions and where they manifest risk.
- Excellent verbal, written, and interpersonal communication skills.
- Ability to articulate issues, risks, and proposed solutions to various levels of staff and management.
- Meaningful knowledge across the enterprise risk management framework, including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance.
- Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders across the organization, which includes virtual, matrixed leadership experience.
- Proven leadership skills to drive alignment across stakeholder groups to develop and deliver repeatable end to end risk management solutions.
- Demonstrated professionalism that embodies the Wells Fargo Vision and Values and leadership competencies.
- Proven ability to scope, manage and execute complex risk management initiatives with high quality and timely delivery.
- Flexibility and business savvy to navigate a complex, highly matrixed organization.
- Experience providing reporting and updates to senior-level management.
Job Expectations:- This position offers a hybrid work schedule.
Work Locations: - 401 S Tryon St - Charlotte, NC
- 600 S 4th St - Minneapolis, MN
- 800 S Jordan Creek Pkwy - West Des Moines, IA
- 250 E John Carpenter Frwy - Irving, TX
- 1150 W Washington St - Tempe, AZ
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.
$144,400.00 - $300,000.00
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:12 Dec 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.
