Lead Operational Risk Officer

Year    Chennai, Tamil Nadu, India

Job Description


About this role: As a member of Independent Risk Management (IRM) aligned, the employee will involve extensive engagement with partner and stakeholder groups including front line teams, Independent Risk Management, Operational Risk Business Oversight, governance bodies, and internal audit, to ensure end-to-end coverage. As a member of Independent Risk Management (IRM) aligned to Third Party Risk Oversight (TPRM), the employee is responsible for providing support to TPRM Oversight function. Role involves in data extraction, data analytics and reporting. Additionally customize the data and create various reports that are helpful to the RTT to provide meaningful reports. Primary Responsibilities: Providing an aggregate independent enterprise-wide view of TPRM -related risk management (execution, delivery, and process management) Conduct thematic reviews and targeted assessments of enterprise and line of business third party risk management activities to drive remediation necessary to mitigate risk. . Identify and formally raise issues to properly capture observed control deficiencies for the first line to address through corrective actions. . Review mitigation/remediation plans arising from issues identified through coverage activities and provide advice on effectiveness and alternative mitigation approaches. Providing oversight of the related control environments Providing a holistic perspective of the residual risk impact to the company Monitoring (including metrics) and reporting on risks associated with the risk type. Promoting awareness of appropriate risk management in the related areas and processes generating the risk Required Qualifications, International: Experience in Operational Risk or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education 10+ years of experience in compliance, operational risk management (includes audit, legal, risk, compliance or the management of a process or business with accountability for compliance or operational risk). Experience providing independent oversight of front-line processes aligned to the end-to-end third-party risk management lifecycle. Solid understanding of regulatory expectations (e.g., OCC, FRB, EBA, MAS, HKMA) for implementing a third Party Risk Management Framework. Prior experience with tracking and monitoring corrective actions for Compliance/Operational Risk. RCSA (risk and control self-assessment) knowledge and experience. Strong analytical skills with high attention to detail and accuracy. Ability to present third-party risk insights to key stakeholders and leaders. Desired Qualification: Ability to articulate complex concepts in a clear manner Advanced Microsoft Office skills and reporting tools like Tableau etc. Excellent verbal, written, and interpersonal communication skills Exposure to Wells Fargo Risk Framework Strong analytical skills with high attention to detail and accuracy Ability to interact with all levels of an organization. Experience with banking key risk indicators (KRIs), key performance indicators (KPIs), and/or risk appetite and related analysis, including thematic reviews. We Value Diversity At Wells Fargo, we believe in diversity and inclusion in the workplace accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate. Work Location: Hyderabad Shift Timings: 1:30 PM to 10:30 PM IST We Value Diversity At 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. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. Drug and Alcohol Policy Wells Fargo maintains a drug free workplace. Please see our to learn more.

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Job Detail

  • Job Id
    JD3203368
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year