About this role:
Wells Fargo is seeking a Lead Enterprise Risk Officer who will work on transformational projects across Home Lending on behalf of the Home Lending Head of Transformation Risk. This role will review strategic alignment of new initiatives, independently assess if the business is achieving its success metrics, and work with independent risk management (IRM) risk pod comprised of Business Aligned Compliance Officer (BACO) and Operational Risk Business Oversight (ORBO) to provide early feedback on initiatives in the ideation phase. They will achieve this by participating in Product Cabinets, Product Focus Area meetings, and Epic-level routines.
This person will work directly with project leadership and their teams to represent the single IRM voice when there are IRM concerns, challenges, or escalations. This person will also work with the Consumer Lending and Home Lending Change Management teams to ensure new requirements are met by both the front line and IRM or provide feedback when new requirements create risk to the organization.
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In this role, you will:
- Work with IRM partners comprised within the risk pod team structure that includes CRO, ORBO, and BACO to provide oversight of transformation, change management, and new business initiatives across Home Lending Originations and in partnership with other impacted groups within Home Lending
- Partner with the business to enable solution development that solves the problem statement while also minimizing residual risk
- Engage in risk trade off discussions to help the business and your IRM partners think through complex solutions
- Influence the business and partners with long term, creative, innovative, analytical, and inductive thinking in alignment with Enterprise policies
- Be the point of Escalation to IRM leadership to resolve outstanding challenges
- Lead the strategy and resolution of highly complex and unique challenges for governance and reporting programs
- Provide vision, direction, and expertise to more experienced leadership on implementing innovative and significant business solutions that are large-scale cross functional or companywide strategies
- Collaborate on projects and work with virtual teams to design, develop and deliver training
- Engage and strategize with all levels of professionals and managers across the enterprise, and serve as an advisor to deliver risk reporting to Senior Leadership, Risk partners, and assist in development of actionable insights
- Demonstrates ability to assess current processes / practices and make recommendations to add efficiency, effectiveness and reduce costs.
- Willingness to challenge established practices and processes and embrace a change mindset at the same time protecting the firm's reputation, customers and risk environment and appetite
- 5+ 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
- 5+ years of Home Lending and Market experience (Originations, Servicing, Loan Origination and Servicing technology, GSE Strategy and Digitization)
- Familiarity with the Government Sponsored Enterprises (GSE's) their products, services, technology, and Agile framework with ability to work in a fast-paced environment
- Excellent communication (verbal and written) and interpersonal skills, including the ability to clearly communicate complex problems and solutions in a simple, logical and impactful manner, both internally and externally
- Proven ability to manage multiple and often competing priorities in a fluid and evolving environment
- Ability to work effectively, as well as independently, in a team environment
- Demonstrated ability to assess current processes / procedures and make recommendations to add efficiency to existing processes
- 401 S. Tryon Street - Charlotte, North Carolina
- 1445 Ross Ave - Dallas, Texas
- 800 S. Jordan Creek Pkwy - West Des Moines, Iowa
- 600 S. 4th St - Minneapolis, Minnesota
- 1150 W. Washington - Tempe, Arizona
- Ability to work at one of the approved locations in the job posting.
- This position currently offers a hybrid work schedule.
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.
$111,100.00 - $197,500.00
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
15 Oct 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.
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.