Lead Operational Risk Officer - Asset Based Lending and Leasing

Company: Wells Fargo
Location: Irving
Posted on: November 21, 2022

Job Description:

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. About this role: Wells Fargo is seeking a Lead Operational Risk Officer. In this role, you will:

• Use subject matter expertise and industry knowledge to provide independent oversight and challenge to the Line of Business' operational risk management activities
• Directly engage with the Control Executive teams, Line of Business and Independent Risk teams to promote a strong operational risk culture
• Help oversee and challenge the Asset Based Lending and Leasing (or ABLL) front line across all operational risk routines including - plan, identify and assess, control, and mitigate, test and validate, monitor and report
• Support the Business Oversight Leader with the performance of an independent risk assessment of the Asset Based Lending and Leasing front line, inclusive of emerging risks
• Understand, review, and challenge the Asset Based Lending and Leasing front line risk acceptances and new business initiatives
• Identify and escalate to business oversight leadership conflicts with risk management results and expected business outcomes
• Influence appropriate risk management prioritization by the front line to enable the business 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 practices by the business
• Active engagement with Independent Risk Management (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
• Maintain relationships with Business Managers, Independent Risk teams, and Group Control Executive teams
• Provide a business-centric view to IRM Risk Programs as needed.
• Review Operational Risk programs for ABLL, including Issues Management, Operational Risk Events, Operational Risk Events, New Business Initiatives, etc.
• Seek ways to further develop and analyze reporting for Operational Risk program benefits
• Participate in review of RCSAs and provide support for independent oversight of Wells Fargo ABLL business lines (limited travel may be required - less than 10 percent per year)
• Develop, inventory, coordinate and file artifacts evidencing ORBO execution routine completion
• Support ad hoc reporting requests and risk-related activities as directed 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:
    • Experience with commercial banking specific to lending and lease financing.
    • RCSA (risk and control self-assessment) knowledge and experienc
    • Meaningful knowledge across the enterprise risk management framework, including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance
    • Experience developing risk reports in response to management, audit, or regulatory requirements
    • Risk reporting experience using various tools such as but not limited to: Tableau, SharePoint, and risk management platforms.
    • Understanding of change management, transformation initiatives and implementation oversight as it relates to ABLL
    • Good understanding of corporate/business policies, and programs as it relates to ABLL
    • Understanding of banking operations, processes, products, and customer interactions where they manifest risk
    • Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders across the organization, which includes virtual, matrixed leadership experience
    • Demonstrated professional ability that embodies the Wells Fargo Vision and Values and leadership competencies
    • Proven ability to scope, manage and execute complex risk management initiatives with high quality and timely delivery
    • Flexibility and business savvy to navigate a complex, highly matrixed organization
    • Experience providing reporting and updates to senior-level management
    • Excellent verbal, written, and interpersonal communication skills
    • Strong analytical skills with high attention to detail and accuracy
    • Ability to influence and collaborate at all internal organizational levels
    • Strong strategic and conceptual thinking skills
    • Ability to articulate complex concepts in a clear manner
    • Leadership skills including the ability to influence effectively in a matrix environment
    • Strong relationship management skills
    • Ability to articulate issues, risks, and proposed solutions to various levels of staff and management. Posting Location:
      • Charlotte, NC
      • Minneapolis, MN
      • Irving, TX
      • Des Moines, IA
      • St. Louis, MO
      • Tempe, AZ Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered for current Wells Fargo 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, 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.

Keywords: Wells Fargo, Irving , Lead Operational Risk Officer - Asset Based Lending and Leasing, Accounting, Auditing , Irving, Texas