Wells Fargo Enterprise Risk Senior Officer in Fort Mill, South Carolina
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.
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.
As the company's second line of defense, Corporate Risk — or Independent Risk Management — provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework (https://portal.teamworks.wellsfargo.net/rc/CorporateRisk/Pages/riskmgmtfrmwk.aspx) and ensure all employees understand their individual accountability for managing risk.
The Senior Risk Officer will report directly to the Deposits Business Line Consumer and Small Business Banking CRO. The Senior Risk Officer will leverage their experience and knowledge of Financial Crimes and Fraud, risk management, business functions, Consumer and Small Business Deposits products and services to provide independent, holistic and oversight of the business risks.
Oversee and actively manage risks within the risk appetite approved by the Operating Committee and the Board, oversee the continued refinement and/or development of appropriate controls within the Consumer Small Business Banking segment
Advise CSBB senior leadership regarding appropriate operations policies and processes leveraging risk management metrics/business scorecard, track performance and monitor trends across the business
Develop an aggregated holistic view of Fraud and Financial Crimes risk in the CSBB business segment. This includes an understanding across compliance risk, credit risk, operational risk, reputation risk, and strategic risk – both in aggregate and individually
Identify and escalate risk and control issues to the Business Line CRO and CSBB Chief Risk Officer with transparency, in a timely manner and in accordance with Company policies and procedures
Lead the development of the strategic planning process to assess risks within business line; provide credible challenge to CSBB senior leadership
Completion of emerging risk deep dives and understanding themes and trends across industry and competitor landscape
Understand the risks within other businesses across the enterprise (i.e. WIM, CIB etc.); identify themes and partner with risk stripes to assess and mitigate any potential risks
Serve as a subject matter expert regarding new policy and guidelines interpretation
Create risk presentations and present regularly to key stakeholders
Drive the execution of remediation plans and regulatory commitments, as applicable
Promote a strong risk management culture and discipline throughout the CSBB
IMPORTANT: This position will start remotely, however candidates will be expected to return to an approved location, listed in the posting, at a future point in time. Please Note: This role is not open to telecommute long term.
- 10+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 10+ years of financial services industry experience, of which 7+ years must include direct experience in risk management
Ability to develop and manage business relationships
Ability to interact with all levels of an organization
Ability to meet stringent deadlines
Advanced Microsoft Office skills
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy
Strong organizational, multi-tasking, and prioritizing skills
Strong project management skills
Knowledge and understanding of ever-evolving regulatory environments and governance processes
Other Desired Qualifications
Strong business and risk acumen
Broad understanding of various risk types
Knowledge of consumer small business, deposit products, fraud and/or overdraft product and services
Deep consumer first party fraud, fraud strategies, financial crimes and AML/KYC experience through the customer lifecycle
Experience in navigating and working across large, complex, decentralized financial crimes operations
Strong leadership experience
Ability to manage and prioritize multiple initiatives simultaneously
Ability to apply critical thinking in describing multiple risks into a single risk landscape
Ability to work in a fast-paced deadline driven environment
- Ability to travel up to 10% of the time
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.
Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.
Company: Wells Fargo
Req Number: 5571522-4
Updated: 2021-04-13 16:14:27.186 UTC
Location: Fort Mill,SC