About this role:

Wells Fargo is seeking a Lead Operational Risk Officer in Corporate Risk as part of Operational Risk. Learn more about the career areas and business divisions at wellsfargojobs.com.

The Corporate Risk Finance Oversight Risk Officer role is responsible for the independent oversight of the Finance organization's operational risk management effectiveness. This role is expected to engage with business and risk resources within the front line to influence and challenge risk management activities and decisions. Operational risk is the risk resulting from inadequate or failed internal controls and processes, people, systems, or external events. Operational risk is inherent in all Wells Fargo products and services as it often arises in the presence of other risk types.

This role will assist the business oversight leader with all matters pertaining to independent Operational Risk coverage and oversight. The role reviews and challenges significant Front Line operational risk program execution, including, but not limited to, financial reporting risk, data risk, technology risk, business continuity, payments, information risk management, safety and physical security, transaction processing and execution, third-party risk management and various risk assessment policies and programs. The risk professional in this role will be accountable for developing an understanding of the Finance functions, products, services and relevant industry issues.

In this role, you will:

• Oversee and challenge the Finance function across all aspects of the risk management life cycle (plan, identify and assess, control, monitor and report, test and validate)
• Perform independent risk assessment of the Finance function, including Financial Reporting Risk
• Review and challenge Finance risk acceptances and new business initiatives
• Use subject matter expertise and industry knowledge to provide independent oversight and credible challenge to Finance's operational risk management activities
• Engage with Control Executive teams, Business Management and Independent Risk teams to promote a strong operational risk culture
• Actively engage in key Finance risk governance routines including strategic planning sessions, governance committees and business reviews
• Identify and escalate conflicts with risk management results and expected business outcomes
• Influence appropriate risk management prioritization by the front line to enable Finance to meet strategic objectives, while meeting operational risk program expectations
• Evaluate cross-program and cross-group analytics to identify opportunities and best practices to influence stronger risk management
• Active engagement with IRM risk teams supporting various risk types to ensure appropriate alignment and prioritization
• Develop and deliver oversight content summarizing the results of the independent risk assessment activities
• Provide a business-centric view to IRM risk programs as needed
• Engage with businesses, as appropriate, to effect changes to the operational risk program
• Partner with both internal and external stakeholders, including resources from all three lines of defense

Required Qualifications, US:

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

Desired Qualifications:

• CPA or Accounting Degree preferred
• Strong interpersonal, influencing, leadership and communications skills with an ability to interact effectively with stakeholders across the organization, which includes virtual, matrixed leadership experience
• Experience in the COSO Framework and SOX Compliance
• Strong understanding of the Finance functions (Controller, Treasury, Business Finance, Financial/Regulatory Reporting) business operations, processes, and products where they manifest risk
• Strong data and analytical skills with high attention to detail and accuracy
• Experience providing reporting and updates to senior-level management
• Proven leadership skills to drive alignment across stakeholder groups to develop and deliver repeatable end to end risk management solutions
• Meaningful knowledge of the enterprise risk management frameworks, including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance
• Ability to communicate effectively, in both written and verbal formats, with senior level leaders
• Experience working with issue management tools to track and monitor issue and remediation
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
• Ability to interact with all levels of an organization
• Strong strategic and conceptual thinking skills
• Ability to articulate complex concepts in a clear manner

Job Expectations:

• Ability to work at one of the approved locations in the job posting
• This positions offers a hybrid work schedule

Posting locations:

• Charlotte, NC
• Minneapolis, MN
• Plano, TX
• Tempe, AZ
• St Louis, MO
• West Des Moines, IA

Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered for current Wells Fargo Corporate Risk employees.

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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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.