About this role:
Wells Fargo is seeking a Senior Lead Operational Risk Officer within the company's Corporate Risk group. Corporate Risk is the company's second line of defense for risk management. This role will provide operational risk oversight to the Home Lending business. The Senior Lead Operational Risk Officer role is responsible for the independent oversight of front-line operational risk management effectiveness for horizonal Home Lending. This role is expected to engage with senior leaders and all levels of the organization within the business, control, and risk resources to influence and challenge risk management activities and decisions. This role will also engage with senior leaders in the CRO organization, and others in Independent Risk Management such as Compliance and Risk Type Teams.
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At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
In this role, you will:
- Provide specific subject matter expertise across the entirety of the Home Lending business.
- Provide independent risk oversight of Home Lending with a focus on oversight of complex initiatives, partnering with senior leaders across the business and Independent Risk Management.
- The senior lead operational risk officer is considered a thought leader and will assist the business oversight leader with all matters pertaining to Operational Risk coverage and oversight.
- Constructively and independently challenge existing Front Line operational l risk program execution and develop alternative approaches and solutions.
- Evaluate long term implications and consequences of strategic business decisions and recommend appropriate alternatives for risk management. Identify and escalate risk matters as well as potential conflicts with risk management results and expected business outcomes.
- Lead implementation of complex initiatives with high risk, generally spanning multiple business lines within Home Lending.
- Build and sustain a strong risk culture including a balanced approach through working in cooperation and consultation with all lines of defense across the enterprise.
- Leverage experience to bring industry leading standards, practices and tools to the organization.
- Assist Operational Risk leadership with strategy development, key driver in execution of the work function, will also serve as a key contact for business partners.
- 7+ years of Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 7+ years of Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education. 5+ years Home Lending experience, and 3+ years experience working on oversight and resolution of regulatory matters.
- 5+ years Home Lending experience.
- 4+ years experience working on oversight and resolution of complex initiatives
- Meaningful knowledge of risk management frameworks, including risk identification and assessment, risk appetite and strategy, risk governance, controls, issues management, risk measurement, and monitoring and reporting
- Proven ability to identify risks and recommend best practices for managing risks associated with, but not limited to, fraud, third party, data and records management, privacy, information security, transaction processing and technology risks.
- Deep understanding of corporate / business policies and operational risk programs (Risk & Control Self-Assessment, Operational Risk Events, Issues Management, Key Risk Indicators, etc.)
- Proven ability to proactively manage and resolve conflict and effectively defend decisions with objective rationale
- Leadership skills including the ability to influence effectively in a highly matrixed organization
- Ability to interact independently with senior leaders and with all levels of an organization
- Strong relationship management skills and ability to exert influence
- Excellent verbal, written, and interpersonal communication skills
- Ability to articulate complex concepts in a clear manner
- Strong analytical skills with high attention to detail and accuracy
- Ability to quickly adapt to new circumstances as they arise
- Advanced Microsoft Office (Word, Excel, and PowerPoint) skills
• Visa Sponsorship not available
• Must be willing to work in one of the locations listed/hybrid schedule
• Job posting may close early due to volume of applicants
Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process
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.
$144,400.00 - $300,000.00
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
18 Apr 2025
* 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.