About the role
Wells Fargo is seeking a skilled & proficient Risk Management professional for the Lead Operational Risk officer role. The person in the role is responsible for conducting data-driven monitoring across various Operational Risk programs such as Risk & Control Environment, Issue Management, Operational Risk Events, Key Risk Indicators etc. The Lead Risk Analytics Consultant will support operational risk monitoring routines across various business lines and corporate functions within Wells Fargo and utilize the monitoring routines for effective operational risk oversight.
In this role, you will: • Provide an aggregate independent enterprise-wide view of risk monitoring activities (execution, delivery, and process management)
• Create and maintain data-driven monitoring routines. Build automated alerting mechanisms to flag breaches based on pre-defined tolerance levels/risk appetite.
• Conduct quantitative/statistical analysis to come up with thresholds to flag breaches for various risk metrics utilized for monitoring purpose.
• Timely escalate concerning trends and conduct root cause analysis utilizing Risk and/or business data.
• Create visual dashboards to easily drill down on various segments/risk types.
• Provide oversight of the related control environments and provide a holistic perspective of the residual risk of the company.
• Leverage technology tools to automate repeatable tasks to drive efficiencies/strengthen controls.
• Build connections with the data and reporting teams across the enterprise, keep up with the data knowledge and influence data/reporting needs.
• Guide and mentor other junior members on the team.
Required Qualifications:
5 + 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), or a combination of both.• Expert knowledge of RCSA, KRIs and other risk management principles
• Subject matter expertise on data management and data governance
• Leadership/transformational experience to drive change across diverse functions - including others outside of the direct line.
• Strategic perspective, with a proven ability to execute and deliver results.
• Demonstrated capabilities to develop effective relationships at senior and executive levels across different stakeholder groups.
• Significant Business analysis and analytics experience
+ Ability to analyze data to and generate insights to tell the story behind the data.
+ Experience sourcing data from multiple sources
+ Preparing and delivering complex data in a way that is concise and understandable.
• Strong analytical, critical thinking and problem-solving skills, coupled with an ability to translate ambiguous ideas/issues into well-defined plans/solutions with a track-record for delivering results.
• Effective communicator, both orally and in writing, able to ask well-crafted questions and present ideas in a clear and compelling manner, good listener who engenders creative thinking and teamwork.
• An ability to develop and articulate sound proposals to key stakeholders, and an ability to influence and drive timely decision making.
• Ethical integrity and proven ability to serve as a role model by reinforcing and demonstrating to your employees the core values and behavioral expectations of the organization.
• Attention to detail, organization and the ability to prioritize multiple competing deliverables to meet deadlines.
• Problem solving, root cause analysis, monitoring data management issue or similar experience in continuous improvement of processes, controls, data management solutions.
• Attention to detail, organization skills.
• Ability to prioritize multiple competing deliverables to meet deadlines
DESIRED QUALIFCIATIONS: • Ability to articulate complex concepts in a clear manner.
• Advanced Microsoft Excel Skills
• Experience in building automated data routines to understand outliers and anomalies
• Advanced Microsoft Office skills
• 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
• Experience with risk management-related analysis, including thematic reviews.
Posting End Date:
30 Jul 2024
•Job posting may come down early due to volume of applicants.
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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells 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.
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