Senior Operational Risk Specialist

Profile

About this role:

**MEMBERS ONLY**SIGN UP NOW***. is seeking a Senior Operational Risk Specialist in Operational Risk as part of Corporate Risk. Learn more about the career areas and lines of business at wellsfargojobs.com.

This newly created position will be a part of the Corporate & Investment Bank (CIB) and International Operational Risk Business Oversight (ORBO) organization and aligned to the CIB Banking Team. The candidate may be required to support other CIB ORBO teams (Commercial Real Estate, Fixed Income Currency & Commodities, and/or Equities) on ad hoc activities. The CIB Banking ORBO team provides operational risk oversight of all Banking businesses and has joint oversight responsibilities for oversight of the Client Support and Transformation (CST) team.

This role will be a critical part of the Banking team, focused on RCSA execution while providing real time data requests, ensuring Independent Risk Management artifacts are retained, contributing to weekly reporting, RAU execution status, KRI analysis and risk profile monitoring. This role will require strong excel experience and ability to actively contribute to RCSA execution.

In this role, you will:


Manage the development, implementation, and monitoring of a risk-based program for a business or large functional area with moderate to high risk to identify, assess and mitigate operational risk that arises from inadequate or failed internal processes, people, systems, or external events
Maintain a balance between risk mitigation and operational efficiency
Evaluate the adequacy and effectiveness of policies, procedures, processes, systems, and internal controls
Analyze business and system changes to determine impact, assess operational risk issues, and assign risk ratings consistent with established policy standards
Provide operational risk expertise and consulting to complex business units for initiatives with high risk
Design and develop testing strategies, methodologies and analyses
Consult with the business to develop corrective action plans and effectively manage change
Identify training opportunities
Design and coordinate the development of training materials and coordinate or deliver training
Report findings and develop business cases to influence management on the need for controls to mitigate risk
Manage and coordinate production of periodic operational risk performance reports for management, including trend research and recommended strategies
Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals


Required Qualifications, US:


4 years of Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education


Desired Qualifications:


Experience or exposure to Corporate and Investment Banking, with preference for Banking (i.e. corporate lending and/or Equity Capital Markets) experience
Demonstrated success with influencing business units to identify, formulate and implement processes/procedures to mitigate risk
Strong Excel and reporting skills inclusive of creating pivot tables for analysis
Experience in a related operations, risk management, audit or compliance role
Experience with evaluating processes, risks, and control design and performance
Strong understanding of risk functions, business operations or processes
Experience or familiarity with Risk and Control Self-Assessments (RCSA), Risk Assessable Units (RAU), internal and external loss events, issues management, and key risk indicators
Excellent verbal, written, and interpersonal communication skills
Ability to interact with appropriate levels of an organization
Ability to work independently, as well as in a team environment while establishing and maintaining effective working relationships
Ability to anticipate and ask the right questions to assess all facets of an effort
Ability to prepare and deliver data in a way that is concise/ understandable


Job Expectations:


Ability to work at one of the approved locations in the job posting
This positions offers a hybrid work schedule
This position is not eligible for Visa sponsorship


Posting locations:


Charlotte, NC
Minneapolis, MN
Plano, TX
Tempe, AZ
St Louis, MO
West Des Moines, IA


Preferred location(s) listed above. Other locations within the **MEMBERS ONLY**SIGN UP NOW***. footprint may be considered for current **MEMBERS ONLY**SIGN UP NOW***. Corporate Risk employees.

We Value Diversity

At **MEMBERS ONLY**SIGN UP NOW***., 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 **MEMBERS ONLY**SIGN UP NOW***. 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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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.

Company: **MEMBERS ONLY**SIGN UP NOW***. BANK

Req Number: R-244507-4

Updated: Fri Mar 24 00:00:00 UTC 2023

Location: SAINT LOUIS,Missouri

Company info

Sign Up Now - FinancialServicesCrossing.com