Operational Risk Consultant 4

Wells Fargo | New York, NY

Posted Date 9/12/2019
Description

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk.
The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.

Wells Fargo Regulatory Relations
Wells Fargo Regulatory Relations (“WFRR”) oversees regulatory relations for Wells Fargo. It ensures an organized and cohesive approach to interacting with regulators and leads the company’s efforts to have a sustained and proactive dialogue on risk management to address regulatory expectations. It is responsible for developing and implementing the overall strategy for regulatory engagement, ensuring transparency and consistency of communications, providing oversight and guidance on the quality of regulatory responses, and ensuring adherence to enterprise-wide requirements.

The Role
The Wells Fargo Regulatory Relations Administration, Planning, and Logistics team enables the WFRR function to run effectively and efficiently, with consistent and transparent internal processes. This broadly includes strategic planning, initiative management, change management, logistics and administration, business systems support, confidential supervisory information (“CSI”) and regulatory program management.

Specific duties include (but are not limited to):

  • Maintaining the enterprise CSI training program
  • Maintaining the "safeguarding confidential supervisory information" procedures
  • Monitoring adherence to the procedures
  • Coordinating with internal stakeholders on CSI sharing authorizations and notifications
  • Creating and maintaining effective working relationships with internal stakeholders, such as the Group Regulatory Relations teams, Wells Fargo Legal, and Strategic Sourcing
  • Reporting on aggregate insights and themes
  • Evaluating and suggesting CSI process enhancements
  • Supporting other projects or initiatives as needed
  • Providing guidance to junior team members

Preferred Locations: 301 S College, Charlotte, NC; 420 Montgomery St, San Fran, CA; 150 42nd St, New York City, NY



Required Qualifications
  • 6+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both


Desired Qualifications
  • Advanced Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
  • Ability to interact with all levels of an organization


Other Desired Qualifications
  • Ability to address difficult issues, anticipate emerging issues, and take action to facilitate a resolution
  • Ability to read, analyze, and interpret regulator documentation
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic, fast-paced environment with competing priorities
  • Ability to articulate complex concepts or regulatory requirements in a clear manner
  • Familiarity with the Wells Fargo Regulatory Relations Policy and Safeguarding Confidential Supervisory Information Procedures
  • Previous experience interacting with regulators
  • Previous experience participating in or leading enterprise-wide initiatives
  • Advanced SharePoint experience




Street Address

NC-Charlotte: 301 S College St - Charlotte, NC
CA-SF-Financial District: 420 Montgomery - San Francisco, CA
NY-New York: 150 E 42nd St - New York, NY



Disclaimer


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.



Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

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