Senior Lead Enterprise Risk Officer - Model Risk Management Governance

The Model Risk Management (MRM) Governance team at Wells Fargo is seeking an experienced leader to play a critical role in defining and leading key governance deliverables for model risk and end-user computing tools (EUCT) risk. The Senior Lead Enterprise Risk Officer should be recognized as a thought leader who takes initiative to achieve team goals and seeks opportunities to improve and enhance processes. The individual should be an influencer with experience with enterprise-wide programs and initiatives and leading enterprise governance committees and forums. The position requires a natural leader with abilities to influence internal partners, senior management, peers and junior members of the team. Model risk and EUCT risk management is an area of expanding focus and scrutiny, requiring a vision for future expectations around risk management and an appetite for a constantly evolving process. This position will influence many stakeholders across the bank.

In this role, you will lead or support:

Policy and Program Governance:
•    Develop and present enterprise-level risk content for executive leadership, depicting the state of model risk and EUCT risk at Wells Fargo and key emerging risks
•    Develop the strategy for, write, and oversee implementation of enterprise model or EUCT risk management policy and procedures across business groups and independent risk management
•    Translate requirements into corporate procedures, training, guidance documentation, and job-aids
•    Act as a policy subject matter expert to educate partners on requirements and implement effective monitoring routines
•    Provide oversight and credible challenge related to the processes the business groups have in place to execute against policy requirements
•    Advise front line business on formal issues and corrective actions related to model and EUCT risk
•    Identify, monitor, report, and escalate policy violations and exceptions
•    Execute model and EUCT risk governance controls
•    Analyze data to identify trends and root causes to assess risks

Program and External Stakeholder Management
•    Define and implement strategies to integrate and align with other enterprise programs and risk teams to ensure model and EUCT risk is being considered and overseen across the firm
•    Develop and maintain partnerships with all front-line Model and EUCT risk governance teams
•    Partner with Independent Testing & Validation (IT&V), Operational Risk Business Oversight (ORBO) to scope and oversee Model and EUCT independent risk management reviews
•    Develop and deliver presentations and key communications to model risk executives, leaders, and stakeholders
•    Interpret and consolidate information into leadership reporting that is digestible and clearly communicates the risk of non-compliance with policy and model risk

Required Qualifications:

• 7 years of Risk Management experience (Compliance, Financial Crimes, Operational Risk, Audit, Legal, Credit Risk, Market Risk, IT Systems Security, Business Process Management) or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

•    Model Risk or EUCT Risk Governance (first-line and/or second-line) experience
•    Operational Risk governance experience
•    BS/BA degree or higher
•    Advanced Microsoft Office (Outlook, Excel, Word, PowerPoint, LiveMeeting and SharePoint) skills
•    Experience articulating issues, risks, and proposed solutions to various levels of staff and 
•    Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment
•    Ability to present to decision makers in a professional and confident manner
•    Ability to present to multiple levels of management
•    Excellent verbal, written, and interpersonal communication skills
•    Strong analytical skills with high attention to detail and accuracy 
•    Strong organizational, multi-tasking, and prioritizing skills
•    Strong collaboration and partnering skills

Job Expectations:

• Meet the return to office requirements in the assigned work location

Job Posting Locations:

• 401 S Tryon St Charlotte, NC
• 600 S 4th St, Minneapolis, MN
• 114 N Beaumont St - D Bldg. St. Louis, MO 
• 800 S Jordan Creek Pkwy, West Des Moines, IA
• 1150 W Washington St., Tempe, AZ
• 250 E John Carpenter Frwy, IRVING, TX

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:

*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.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.