Wells Fargo Senior Operational Risk Specialist 

India, Telangana, Hyderabad 

118322499

In this role, you will:

• Manage the development, implementation, and monitoring of a risk-based program for a business or large functional area with moderate to high risk to identify, assess and mitigate operational risk that arises from inadequate or failed internal processes, people, systems, or external events
• Maintain a balance between risk mitigation and operational efficiency
• Evaluate the adequacy and effectiveness of policies, procedures, processes, systems, and internal controls
• Analyze business and system changes to determine impact, assess operational risk issues, and assign risk ratings consistent with established policy standards
• Provide operational risk expertise and consulting to complex business units for initiatives with high risk
• Design and develop testing strategies, methodologies and analyses
• Consult with the business to develop corrective action plans and effectively manage change
• Identify training opportunities
• Design and coordinate the development of training materials and coordinate or deliver training
• Report findings and develop business cases to influence management on the need for controls to mitigate risk
• Manage and coordinate production of periodic operational risk performance reports for management, including trend research and recommended strategies
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals

Required Qualifications:

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

Desired Qualifications:

• Third Party Risk Management and Risk management control concepts).
• Experience in execution of Risk Management Framework processes such as COBIT, FFIEC, NIST, ITIL, COSO, BASEL, and OCC Heightened Standards. Ability to receive and provide directions to the team on using the SHRP Governance Management system (Archer platform).
• Working knowledge issues management and regulatoryobligations/actionablerequirement reviews. Working knowledge on SharePoint, Agile Concepts, Workflow Tools such as JIRA and Tableau dashboards would be an added advantage.
• Deep understanding of policy governance and oversight with expertise in policy management, publication of governance documentation, enterprise-wide policy implementation, and policy adherence monitoring.

Job Expectations:

• Shift Timings: 1:30 PM to 10:30 PM IST

• Knowledge of global regulatory guidance documents to perform a risk-based analysis.
• Fulfil requests related to break down of new/revised authoritative sources at a granular level aimed at identifying actionable requirements for Wells Fargo.
• Manage and ensure accuracy and integrity of Regulatory Information in the system of record as per procedures.
• Independently execute quality checks for process artifacts and deliverables.
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.
• Create/maintain appropriate process documentation as per defined standards.
• Recommend process improvements and ensure ongoing alignment to overarching authoritative sources as per business requirements.
• Support the reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding Operational risk management.
• Evaluate the adequacy and effectiveness of policies, procedures, processes, systems, and internal controls
• Provide operational risk expertise and consulting to business units for initiatives, generally spanning multiple business lines
• Design and coordinate the development of training materials and coordinate or deliver training

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.