Enterprise Risk Senior Officer - RRP (Recovery & Resolution Planning)
- Charlotte, NC
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 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.
The new Enterprise Risk Senior Officer position will lead the build out of Reputation Risk Oversight's (RRO) review and challenge function, as part of Independent Risk Management's (IRM) expanding role within the Company in Recovery and Resolution Programs in the US and Internationally. This role will also drive identified enhancements to RRO's oversight program for the Company's LIBOR Transition activities over 2020-2021. Both work programs form a critical element of the team's growing 2020 Oversight activities as Strategic Enterprise Risk Management (SERM) continues to build out an effective oversight framework.
New Business As Usual oversight responsibilities include:
- Recovery & Resolution Planning (RRP)
- Act as the RRO's main point of contact within the IRM work stream for Recovery and Resolution Planning
- Participate in the strategy, design, and execution of an effective oversight model for Legal Entity Governance and Recovery & Resolution Planning (RRP).
- Lead the comprehensive review of the Company's various Recovery and Resolution plans from a Reputation Risk perspective
- Provide sound and credible challenge to the various Company Playbooks, Governance Mechanisms, and Recovery Options ensuring the appropriate identification and consideration of Reputation Risks
- Support other on-going initiatives related to enhancing reputation risk management practices within the firm's Recovery and Resolution Program
- Support the coordination and enable the delivery of RRP IRM engagement in conjunction with other risk partners
- Act as main point of contact for the RRO's Libor Transition activities
- Manage the successful execution of the RRO LIBOR Transition work program as part of the broader framework of IRM activities
- Work with LIBOR Transition Process Owners and Subject Matter Experts to consider, evaluate, and incorporate Reputation Risk assessments into the LIBOR Transition risk management activities
- Participate in the Communication, Product Design, Legal Documentation, and Risk & Regulatory Work streams across the Company's LOBs to ensure the identification and consideration of any Reputation Risks within the LIBOR Transition Process
- 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
- A BS/BA degree or higher
- Audit experience
- Project management experience
- Ability to create dashboards and reporting
- Ability to manage initiatives including: detailed planning, process management, and documentation
- Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
- Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
- Strong analytical skills with high attention to detail and accuracy
- Knowledge and understanding of recovery and resolution planning
- Experience navigating through ambiguity
Other Desired Qualifications
- First or Second line of defense experience within Wells Fargo or other large financial institutions in any combination of reputation, operational, credit, market, liquidity, and/or strategic risks
- Possession of a Master's Degree and/or an industry designation such as Professional Risk Manager, Financial Risk Manager, Certification in Risk Management Assurance, CFA, or similar designations will be an asset
- Business process risk management experience
- Excellent verbal, written, and interpersonal communication skills with a demonstrated ability to present results of analyses and recommendations to senior leaders
- Flexibility and ability to thrive in a rapidly changing, highly complex environment
- Experience working with risk governance and reporting tools including SHRP and SharePoint
NC-Charlotte: 401 S Tryon St - Charlotte, NC
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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