Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Market Job Description
The Operational Risk team, as part of the Independent Risk Management function, is responsible for governance, oversight, and credibly challenging operational risk exposures and risk management practices through monitoring, analyzing and developing standards for remediating risk that arises from inadequate or failed internal processes, people, systems or external events, while maintaining a balance between risk mitigation and operational efficiency.
The Transaction Processing & Safety Physical Security (TPE & SPS) Operational Risk Officer will be a part of the APAC Operational Risk Coverage Programs team with responsibility for oversight of TPE & SPS risks horizontally across the Region and applicable Legal Entities (LEs). TPE & SPS risks Officer will provide subject matter expertise and oversight for TPE & SPS risks. This includes establishing and maintaining policies that may be region and /or LE specific to TPE & SPS risks; providing credible challenge in conjunction with the Operational Risk Business Oversight teams to the Front Line for risks controls, and programs related to TPE & SPS risks; overseeing adherence to Ops Risk Group and Strategic Enterprise Risk Management guidance and risk governance requirements across the risk management lifecycle for TPE & SPS risks; aggregating exposure for these risks; creating and monitoring Region and/or Legal Entity specific operational risk key indicators for these risks; and evaluating and reporting on Regional and/or Legal Entity risk appetite for these risks.
Develop and document governance and credible challenge routines and standard operating procedures
Lead governance routines as outlined in Operational Risk Coverage Programs (ORCP) Target Operating Model
Provide comprehensive view into TPE & SPS risk programs integration into Risk Management Framework and Operational Risk Management Capabilities (ORMCs)
Provide Enterprise Risk Title governance and support across Business Groups and Risk Types for the APAC Region and Legal Entities in scope.
Engage in ORCP governance routine representing TPE & SPS interests across Business Groups and Risk Types including New Business Initiatives in the Americas Region and/or Legal Entities in scope.
Monitoring emerging risks, key risk measures and policy management
Perform credible challenge routines with issues management, risk event escalations, operational losses, testing & validation, Risk Control Self-Assessments (RCSA) to support executing a Risk Assessment to build an APAC and or LE Risk Profiles that would be integrated into the overall TPE & SPS risks Profile.
Collaborate with Enterprise TPE & SPS teams, when applicable, to identify and manage synergies, dependencies, and common challenges
Market Skills and Certifications
: 7+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 7+ years of financial services industry experience, of which 5+ years must include direct experience in risk management
Qualifications: Advanced Microsoft Office skills Excellent verbal, written, and interpersonal communication skills Strong analytical skills with high attention to detail and accuracy Ability to interact with all levels of an organization
Other Desired Qualifications
Transaction Processing, Safety Physical Security experience and expertise with additional combined expertise in any of the following:
Policy, Governance and Business Oversight
Measurement & Reporting Oversight
New Business Initiatives and Product Oversight
Independent Risk Assessments
Payment products, clearing and settlement processes or practices, money movement including securities related transactions.
Change Management – Project Management
Meaningful knowledge of an enterprise risk management framework, including: risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance
Strong understanding of a corporate risk function, business operations, processes, products and customer interactions where they manifest risk
Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders across the organization, which includes virtual
Strong understanding of corporate and/or business policies, and programs
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.
Internal Number: 49305BR
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo