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About this role:Wells Fargo is seeking a Lead Business Execution Consultant to play a critical role in COO Operational Risk Event (ORE) program in the COO Control Management Reporting and Governance Team.
ORE is a foundational Operational Risk program and focused on the capture and management of Operational Risk Events in a timely, accurate, and complete manner. It not only provides visibility into risk exposures through loss data and reporting, but also cultivate a risk management culture to promptly identify control breaks and effectively mitigate operational risk. This role offers the unique opportunity to work closely with Front Line and Control partners in various functions in COO and Business Groups across WF, as well as exposure to other integrated risk programs such as RCSA, Issue Management etc. It requires a highly organized person who can communicate effectively and execute on business process.
In this role, you will:- Work with the frontline, business control teams, finance, legal to identify and record operational risk events (ORE) in a timely, accurate and complete fashion.
- Ensure timely maintenance of OREs through their lifecycle, including escalation, enrichment such as financial transaction mapping and source documentation, review and analysis, reporting and closure for each assigned OREs as outlined in the Operational Risk Event Policy/Procedure.
- Facilitate Root Cause Analysis of ORE to assess the breakdown in the company's control environment and partner with Frontline to mitigate future operational risk.
- Review ORE records to ensure data quality and compliance to policy requirement.
- Identify improvement opportunities in ORE data quality and process flow.
- Collaborate and consult with team leaders in developing project plans, procedures and job aids.
- Provide leadership in management of relationships and implementation of programs, services, and initiatives with cross functional business partners.
- Influence, guide and lead less experienced Strategy and Execution staff within the group.
Required Qualifications:- 5 years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:- Strong knowledge and experience of Operational Risk Event process
- Knowledge of Risk and Control Self-Assessment (RCSA)
- Issue Management lifecycle management experience
- Business knowledge of key bank Operations, including Payment Operations
- Demonstrate problem solving and basic analytical skills. Attention to detail and comprehension skills.
- Ability to execute in a fast paced, high demand, environment while balancing multiple priorities.
- Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important.
- Must have strong organizational skills
- Knowledge in MS Office - Excel, PowerPoint, Word
Job Expectations:- Candidates will be required to work on site in compliance with our hybrid model.
Posting Locations:- 600 4th St - Minneapolis, MN
- 2200 Concord Pike - Wilmington, DE
- 7001 Westown Pkwy - West Des Moines, IA
- 301 S Tryon St - Charlotte, NC
- 1100 Corporate Center Dr Lot B - Raleigh, NC
Posting End Date: 14 May 2024
*Job posting may come down early due to volume of applicants.We Value DiversityAt 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.
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