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In this role, you will:
Support Shared Services Operations in addressing regulatory remediation activities, tracking and escalating issues and concerns, and ensure future programs are subject to appropriate risk oversight
Identify and respond to emerging risk issues in a timely manner and balance the workload across the team for Financial Crimes Operations, Consumer Regulations, and Data Strategy arenas
Provide vision and set direction for Global Operations risk oversight teams covering aforementioned areas of shared services, to achieve long term strategic objectives that impact organization and management across functions
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
Influence and provide input on policy, framework, and program development for business or enterprise strategy for Financial Crimes Operations (BSA/AML), Consumer Regulations, and Data Strategy arenas
Maintain a balance between risk mitigation and operational efficiency, and an awareness of the state of operational risk companywide
Direct execution of major operational risk programs companywide or lines of businesses with significant risk and multiple, complex regulatory environments which fall into the Shared Services Operations space
Ensure reporting, escalation, and remediation of issues, deficiencies or regulatory matters regarding operational risk to leaders, committees, and appropriate executive management
Challenge operational risk-related business management decisions, activities, and operating processes for assigned area
Manage communication and collaboration with business heads, Legal, Audit, and regulators on risk related topics
Partner closely with Compliance and Strategic and Enterprise Risk Management in providing Risk Oversight of Shared Services
Develop and guide a culture of talent development to meet business objectives and strategy
Manage allocation of people and financial resources for this pillar of Operational Risk
As a leader, you will lead your team with integrity and create an environment where your employees feel included, valued, and supported to do work that energizes them. You will have accountability for management responsibilities which include sourcing and hiring talented employees, providing ongoing coaching and feedback, recognizing, and developing employees, identifying, and managing risks, and completing daily management tasks.
Required Qualifications:
8+ years of Operational Risk experience or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
4+ years of Management experience
Desired Qualifications:
Expert understanding of enterprise risk management framework including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance
Expert understanding of Operations; and Shared Services specifically as it relates to one or a combination of Financial Crimes Operations (BSA/AML), Consumer Regulations, and Data Strategy in a global banking environment
Experience with Regulatory Operations including FDIC 370, SCRA, OREO/DPC, Licensing & Registration, Reg O, Cease and Desist, Dodd Frank 1071, Labor Management Reporting and Disclosures (LMRDA), Legal Entity Identifier (LEI), Notary Affiant Signature Administration (Nasa) and Medallion.
Data Strategy experience including but not limited to: BSA/AML Data Strategy and Execution, Real Estate Valuation Services, Customer Tax, Translations Services and Information / Records Management
Ability to effectively manage and build relationships within the Corporate Risk function and with business partners
Ability to create solutions in a dynamic environment with complex risk and control related environment and articulate sound proposals to key stakeholders to influence and drive timely decision making
Proven record to develop and mentor team for career development, retention strategy, and goal achievements, including establishing a strategic vision and drive strong outcomes and results
Highly experienced in building and maintaining relationships with Senior Leaders and ability to establish partnerships between three lines of defenses
Strong executive presence with the ability to inspire a complex and geographically dispersed organization
Effective engagement and maintenance of relationships with global regulators by interpreting regulatory trends and expectations
Demonstrated ability to negotiate challenges or issues and achieve best outcomes for the company
Demonstrated ability to influence and lead across first and second line of defenses while maintaining close relationships with third line of defenses
Excellent analytical and problem-solving skills, inquisitive nature and comfort challenging current practices to drive efficiency and standardization
Job Expectations:
Foster an environment that ensures strong communication and cooperation across the three lines of defense
Create a culture of excellence by proactively attracting, retaining, and developing a team of talented and diverse professionals
Pay Range
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit for an overview of the following benefit plans and programs offered to employees.
Wells Fargo Recruitment and Hiring Requirements:
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
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