About this role:
Wells Fargo is seeking a Enterprise Risk Specialist
In this role, you will:
- Participate in or provide support for responsible oversight and strategic direction of enterprise risk, governance and reporting programs and low complexity initiatives within Enterprise Risk
- Review moderately complex business, operational, or technical challenges that require an in depth evaluation of variable factors
- Provide oversight and challenge for corporate governance risk programs that may cover multiple front lines with moderate to high risk
- Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the enterprise risk, policies, procedures and compliance requirements
- Assist with the development, implementation, and monitoring of risk based governance programs, companywide
- Guide and direct the organization in terms of policies, effectiveness of companywide initiative execution, and reporting to the Board
- Collaborate and consult with risk colleagues, internal partners and stakeholders, including internal and external customers if applicable
- Identify training opportunities and may design and coordinate development of training materials and delivers training
- Compile risk reporting, performs research and delivers reporting
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- 2+ years of experience in Risk Management (includes 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
- Supporting the Enterprise Issue Management & Escalations policy adherence program through development and execution of test scripts and quarterly adherence reporting
- Need to be able to develop outcome-based testing strategies to evaluate adherence to EIM policy
- Strong exposure in risk -> control -> control effectiveness phase, to be able to evaluate potential exposure and residual risk
- Strong "soft skills" in working with front line teams - need to be able to handle tough personalities without creating conflict, but also able to hold-the-line
- Strong written skills - will need to document desktop procedures, write memos, and create presentations for senior front line leadership.
- Experience with SHRP-IM and the EIM dashboard a plus.
- Performs effective and timely execution of test scripts following established program procedures and routines
- Conducts analysis on population datasets, enhances testing strategies and methodologies, and supports issue management program reporting
- Maintain strong partnership and engagement with Control Executive Group Issue Management teams to gain a clear understanding of their issue management processes, roles, and responsibilities.
- 2+ years of overall professional experience in risk assessment, control testing/evaluation and issue management on various risk types
- 2+ years of experience in risk management
- 2+ years of testing/QA experience (may include audit, compliance, regulatory compliance, controls testing, quality assurance)
- Advanced Microsoft Office skills
- Excellent verbal, written, and interpersonal communication skills, also adept in documentation
- Strong analytical skills with high attention to detail and accuracy; strong critical thinker
- Industry recognized risk certifications such as CRISC / CRM
- Financial Services Issue Management Experience
- Knowledge of Wells Fargo Issue Management policy
- Experience with the Wells Fargo Risk Management Framework
- Experience in working with the RSA ARCHER or Shared Risk Platform (SHRP)
- Broad knowledge of operational risks and issues faced by financial institutions today
- Strong knowledge on enterprise risks i.e. front office and middle office processes/controls would be considered as an added advantage.
- Knowledge of testing platforms, Test Script Design & Detail Oriented work ethics
- Experience providing "credible challenge" to business partners when necessary, with the ability to lead through influence
- Experience in assessing test scope, designing test scripts, and executing, documenting, and reporting on compliance testing
- Experience in testing policy and procedures/control testing.
- Experience in leading compliance reviews and or engagements
- Experience in effectively interacting with a broad range of risk professionals, senior management and regulators
- Experience in analyzing and interpreting complex data and information, and translating it into clear digestible information per the audience
- Six Sigma Certified / Process Improvement capabilities
- Experience in Audit, Compliance, Risk, and Testing
- Strong critical thinking and analytical skills
- Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members
- Ability to assess issues, make quick decisions, implement solutions, and influence change
- Ability to exercise independent judgment and creative problem solving techniques
- Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
- Ability to present complex material in a digestible, consumable manner to all levels of management
- Ability to synthesize data from a variety of sources and deliver results quickly.
- Strong organization and detail-oriented skills, with proven ability to manage and prioritize work to meet deadlines despite frequent interruptions
*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.
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 .
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.