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Operational Risk Consultant 4

at Wells Fargo

Posted: 6/28/2019
Job Reference #: 12017677
Keywords: planning

Job Description

Job Description

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wells Fargo Technology sets IT strategy; enhances the design, development, and operations of our systems; optimizes the Wells Fargo infrastructure footprint; provides information security; and enables continuous banking access through in-store, online, ATM, and other channels to Wells Fargo’s more than 70 million global customers.

We are seeking an Operational Risk Consultant to join our team and assist in the execution of the technology risk and control framework.  This position will engage with multiple risk and control stakeholders/lines of defense across technology and the enterprise to enable a strong risk management practices and capabilities. 

The environment continues to be one of heightened standards, raised risk consciousness and regulatory requirements.  As the first line of defense, this role assures real risk reduction within the divisions, consistent with the Wells Fargo Vision & Values and risk appetite.  This role will be responsible for the planning and execution of critical FLOD risk functions, in alignment with the Corporate Risk Model and EIT Risk Model.  Accountabilities include:

Plan:

  • Develop, implement and support a Technology Risk Framework in alignment with Wells Fargo Risk Management Framework
  • Document risk(s) within established and new line of business products/services and shared services IT processes/products/services
  • Evaluate risks and prioritize risks and remediation work

Identify & Assess:

  • Conduct and support risk assessments that evaluate the technology application/infrastructure environment and estimate the level and trends of inherent risk, determine the effectiveness of associated controls and the level and trends of residual risk
  • Be proactive identifying risks within the divisions and across internal and external events

Control & Mitigate:

  • Design and implement effective and proactive action plans that appropriately mitigate risks in a sustainable manner and define Key Risk Indicators to track impact
  • Operate controls in an effective manner to mitigate risks and deliver IT value
  • Execute the related compliance process (e.g. Audits, CICATs, SOX) and IT Policy Management & Exceptions

Monitor & Report:

  • Monitor controls to identify gaps and prevent, correct, detect operational risk issues
  • Identify, measure, monitor, support and complete EIT risk management training, communication, and outreach programs
  • Integrate continuous improvement with metrics and monitoring
  • Support Virtuous Circle of risk management

Review and Verification:

  • Assuring strategic and foundational risk attributes are comprehensively included in pre, during and post analysis
  • Ongoing reviews to identify anomalies, exceptions and outliers that could lead to additional risk events
  • Verifying risk management standards, requirements and documented risk reduction attributes are applied

Team members 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.



Required Qualifications

  • 6+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both



Desired Qualifications

  • Highly refined and professional verbal and written communications
  • Knowledge and understanding of technology risks related to business risks
  • Ability to influence, partner, and negotiate with senior business leaders to gain commitment to accomplish business goals
  • Experience communicating in both written and verbal formats with senior executive-level leaders
  • Ability to interact with all levels of an organization
  • Advanced Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy



Other Desired Qualifications
  • Experience with risk governance in Agile development environments
  • Experience using Wells Fargo SHARP system
  • CISSP, CISA, CRISC or other information security or technology risk focused certification
  • Experience with risk governance in Agile development environments
  • Issue Management experience is highly desired, experience using Wells Fargo SHARP system
  • CISSP, CISA, CRISC or other information security or technology risk focused certification
  • 6 years of experience supporting SOX/SOC, Regulatory Exams (Domestic and Int’l), Audits and other technology control related assessments
  • Certifications that support business or risk related knowledge/experience (FINRA, PMP, CRISC, CFE, CISSP, CIA, etc...)
  • Broad and significant knowledge of technology with emphasis in consumer, payments and digital technology and the associated challenges, risks and required controls inherent in a complex environment, including knowledge of SDLC, Vendor and third party, BCP, PMO, change management, problem and incident management, SOX/SOC,  access management, asset management, configuration, compliance, information security, vulnerability, audit and others.
  • Experience in multiple areas of regulatory compliance, including risks and issues related to consumer protection and general banking regulations of the OCC, FRB, CFPB, FINRA and other federal, state and local regulations and laws.
  • Proven ability and prior experience in  generating a business value proposition and justification for risk consideration and input at new product & service inception
  • Demonstrated "enabler" philosophical approach to risk management that "gets to yes" with real solutions that meet all stakeholder requirements
  • Proven prior experience in comprehensive risk ownership and accountability for the risk profile positioning


Job Expectations

  • Ability to travel up to 5% of the time



Street Address

AZ-Chandler: 2600 S Price Rd - Chandler, AZ
CA-SF-Financial District: 333 Market St - San Francisco, CA
CA-SF-Financial District: 455 Market St - San Francisco, CA
MN-Minneapolis: 255 2nd Ave S - Minneapolis, MN
NY-New York: 150 E 42nd St - New York, NY
NC-Charlotte: 301 S College St - Charlotte, NC
NC-Charlotte: 301 S Tryon St - Charlotte, NC
NC-Charlotte: 401 S Tryon St - Charlotte, NC
NC-Charlotte: 1525 W Wt Harris Blvd - Charlotte, NC



Disclaimer


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Application Instructions

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