Wells Fargo Tempe , AZ 85280
Posted 4 days ago
About this role:
Wells Fargo is seeking a Lead Business Execution Consultant in Corporate Risk Regulatory Execution (CRRE) as part of the Operational Risk Management Regulatory Execution team.
Corporate Risk Regulatory Execution (CRRE) partners closely with key subject matter experts and accountable owners in Corporate Risk and the front line to integrate remediation efforts, make sure dependencies across Corporate Risk's regulatory book of work are well understood, resolve conflicts across the portfolio, and help evaluate and communicate how the company's risk management effectiveness is improving.
The Operational Risk Management Regulatory Execution team supports regulatory remediation efforts for Operational Risk Management (ORM), evaluating supervisory impacts of changes and connectivity to related matters. The team conducts health checks over ORM regulatory matters and drives key messaging regarding operational risk programs and oversight teams.
In this role, you will:
Learn Operational Risk Management (ORM) regulatory commitments and work with ORM leadership to analyze changes that impact regulatory commitments:
Develop and maintain a connectivity analysis of ORM programs to Wells Fargo issues, matters requiring attention and consent orders. In this role, you will need to analyze regulatory and audit correspondence to gain an understanding of commitments and contribute to a Corporate Risk coordinated connectivity analysis platform
Leveraging risk management knowledge, understand the connectivity of regulatory changes to interconnected risk programs.
Partner with various stakeholders across the Bank to mitigate any potential risks related to a regulatory matter
Perform analysis through data and fact finding requiring creative approaches to solving complex issues, and developing appropriate solutions or recommendations
Analyze and understand the connectivity between regulatory corrective actions and commitments.
Draw connection points across other regulatory matters (and regulatory feedback) outside of the direct line of coverage so the Bank can demonstrate its commitment to our regulatory priorities
Collaborate and consult with members of the Business Execution team and team leaders to drive strategic initiatives
Develop project plans for each regulatory change -identify due dates, engage with stakeholders, track action items, and hold people accountable
Support the sustainability of completed commitments:
Oversee execution of remediation activities and challenge appropriately to ensure matters are fully resolved timely
Monitor and independently challenge the reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding operational risk management
Provide regulatory operational risk expertise and consulting for projects and initiatives with high risk over multiple business lines
Review closure memos for completeness, accuracy and validate that artifacts support the explanation
Required Qualifications:
Desired Qualifications:
Meaningful knowledge of corporate/business policies, and operational risk programs (Risk Management Framework, Operational Risk Program Policy, Risk & Control Assessments, Risk Measurement, Issue Management, Operational Risk Events, Scenario Analysis & Stress Testing, Testing & Monitoring)
Experience with issue management policy, including managing an issue remediation to closure, including success criteria, suite of controls, artifacts, and development of closure materials.
Experience providing reporting and updates to senior-level management
Strong analytical skills with high attention to detail and accuracy
Project management or strong organizational skills
Ability to articulate complex concepts in a clear manner
Excellent verbal, written, and interpersonal communication skills
Demonstrated leadership ability that embodies the Wells Fargo Vision and Values and leadership competencies
Advanced Microsoft Office skills
Job Expectations:
Work Locations:
Posting End Date:
25 May 2024
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.
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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
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