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Operational Risk Consultant 5
at Wells Fargo
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.
Corporate Risk helps all Wells Fargo businesses identify and manage risk. We focus on three key risk areas: credit risk, operational risk and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take appropriate action when business activities exceed the risk tolerance of the company.
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, insurance, investments, mortgage, and consumer and commercial finance through more than 8,200 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
Payments, Virtual Solutions, and Innovation
PVSI, led by Avid Modjtabai, brings together the Company’s payments platforms, digital capabilities, as well as online, mobile, and phone channels and innovation teams. It has six major business units, including: Cards and Retail Services; Deposit Products Group; Digital Innovation Channels; Operations; Treasury, Merchant, and Payment Solutions; and Contact Center. It also invests in research and development and strategic partnerships to design and build next generation products and customers.
The PVSI Control team is specifically responsible for the management of non-financial risk within PVSI, including operational risk, compliance risk, model risk, reputation risk and strategic risk.
This individual contributor will be responsible for leading efforts for a team within the Analysis, Reporting and Research program within the PVSI business. This candidate will work on a small team responsible for developing reporting, building analytical solutions and executing data analysis across multiple risk program within the business.
This will provide business executives and members of PVSI management with risk intelligence across all risk types to be used to identify, monitor and report on risks and controls. The Reporting and Analysis team member will work closely with a large/matrixed team of risk professionals and work cross functionally with multiple support partners. The Analysis, Reporting and Research function will work with the PVSI business to develop reporting and support data analysis to be used by the control teams across to manage and identify risks. The candidate will work closely with other senior leaders across PVSI and the company in the development and execution of company’s strategies. Accordingly, critical success factors will include the ability to develop partnerships with many business and functional areas, provide insight into the economic climate and related market developments and identify trends which may present opportunities or reflect gaps in the Company’s risk management execution.
This collaborative individual contributor must be capable of initiating action and managing change in a fast paced environment. It requires a leader with strong relationship management, influencing, vision and execution skills. A key differentiator will be the ability to understand and operate successfully in a complex, heavily matrixed corporate environment. The role requires a sense of urgency, passion for results, and personal accountability for achievement while having ability to make timely and difficult decisions.
Successful candidate will have ability to distill complex concepts into simplified/targeted solutions, communicate those concepts effectively and ensure that all deliverables are met. They will use both vision and analysis to identify business problems and build compelling fact-based strategic recommendations. They will also have a demonstrated ability to build and maintain strong credible relationships with key stakeholder groups including PVSI Control Team Executive, PVSI Analytics and Reporting Officer, PVSI Business Unit (BU)-Aligned Control Teams, PVSI Risk-Aligned Control Teams, PVSI Business Management, Enterprise Data Governance Team, and Independent Risk Management.
- Develop and build custom reporting solutions
- Execute exploratory data analysis on structured and unstructured data
- Work closely with business partners within PVSI Control to define requirements for analytic and reporting solutions
Locations: Charlotte NC, Phoenix AZ, Minneapolis MN and Des Moines, IA are preferred but will consider other locations within the Wells Fargo footprint.
Other Desired Qualifications
- Experience in risk monitoring and reporting
- Strong knowledge of the financial services industry, products, and regulatory environment
- Working knowledge of PVSI relationships and transaction processes
- Strong understanding of policies, procedures, and programs to ensure appropriate and effective risk mitigation controls are in place
NC-Charlotte: 301 S Tryon St - Charlotte, NC
AZ-Tempe: 1330 W Alameda St - Tempe, AZ
MN-Minneapolis: 730 2nd Ave S - Minneapolis, MN
IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA
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.