About this role:
Wells Fargo is seeking an Operational Risk Executive to lead a team of Operational Risk Business Officers (ORBOs) and risk specialists covering Global Operations in the COO. Groups within Operations include business and real estate services, Payments Operations, Payments Transformation, Financial Crimes and Regulatory Operations, along with Operations teams covering the business groups, Consumer and Wholesale, India and the Philippines. The leader will be responsible for providing a consistent, in-depth risk oversight view and approach of Operations functions across businesses and shared services. The position will lead Independent Risk Management governance, coordination, and reporting routines across the Global Operations ORM team, including with the Operations ORBOs covering each line of business. It will also partner closely with Compliance and Strategic and Enterprise Risk Management in providing Risk Oversight of Global Operations.
In this role, you will:

• Provide vision and set direction for Global Operations risk oversight teams, including Operations ORBOs covering each line of business and shared services, to achieve long-term strategic objectives that impact organization and management across functions.
• 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.
• Direct execution of major operational risk programs companywide or lines of businesses with significant risk and multiple, complex regulatory environments.
• Provide subject matter expertise across Operations, lines of business, or directly manage enterprise controls for specific functional areas.
• Influence and provide input on policy, framework, and program development for related lines of business or companywide strategy.
• Ensure reporting, escalation, and remediation of issues, deficiencies or regulatory matters regarding operational risk to leaders, committees, and appropriate executive management.
• Identify programs or initiatives related to line of business and enterprise strategy with considerable impact companywide and externally.
• Collaborate and influence all levels of professionals including more experienced leaders.
• Lead team to achieve objectives.
• Manage communication and collaboration with business heads, Legal, Audit, and regulators on risk related topics.
• Manage allocation of people and financial resources for Operational Risk
• Develop and guide a culture of talent development to meet business objectives and strategy.

Required Qualifications:

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

Desired Qualifications:

• Expert understanding of enterprise risk management framework including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance.
• Expert understanding of Operations.
• Ability to effectively manage and build relationships within the Corporate Risk function and with business partners.
• Ability to create solutions in a dynamic environment with complex risk and control related environment and articulate sound proposals to key stakeholders to influence and drive timely decision making.
• Demonstrated influencing and analytical skills, especially when partnering with senior management, including the willingness to question decisions and escalate issues, where necessary
• Ability to analyze, problem solve with demonstrated excellence at identifying stakeholders, understanding needs, and driving decision- making/resolution through a consensus building approach.
• Ability to manage change and operate independently and collaboratively.
• Effective communicator, both orally and in writing, able to ask well-crafted questions and present ideas in a clear and compelling manner.
• Ability to translate complex information into a simple, executive-ready story board and message on paper.
• Strong analytical, critical thinking and problem-solving skills, coupled with an ability to synthesize data from a variety of sources and deliver results quickly.
• Experience in building and managing teams, including developing and mentoring managers and providing strong, proactive leadership.

Pay Range:

• 207,900.00 - 431,900.00 USD Annual
• May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards

Pay Range
$207,900.00 - $431,900.00
Benefits
Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.

• 401(k) Plan
• Paid Time Off
• Parental Leave
• Critical Caregiving Leave
• Discounts and Savings
• Health Benefits
• Commuter Benefits
• Tuition Reimbursement
• Scholarships for dependent children
• Adoption Reimbursement

Posting End Date:
30 Jul 2024

• Job posting may come down early due to volume of applicants.

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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.