Operational Risk Officer, Fraud Risk Oversight

    • Singapore

About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Market Job Description
This Officer will be a part of the APAC Operational Risk Coverage Programs team with responsibility for oversight of external fraud risk horizontally across the Region and provide subject matter expertise for external fraud.

Responsibilities:

  • Develop and document governance and credible challenge routines and standard operating procedures
  • Lead governance routines as outlined in Operational Risk Coverage Programs (ORCP) Target Operating Model
  • Provide comprehensive view into data management integration into Risk Management Framework and Operational Risk Management Capabilities (ORMCs)
  • Provide Enterprise Risk Title governance and support across Business Groups and Risk Types for the APAC Region and Legal Entities in scope.
  • Engage in ORCP governance routine representing Fraud Risk interests across Business Groups and Risk Types including New Business Initiatives in the APAC Region and/or Legal Entities (LE) in scope.
  • Monitoring emerging risks, key risk measures and policy management
  • Perform credible challenge routines with issues management, risk event escalations, operational losses, testing & validation, Risk Control Self-Assessments (RCSA) to support executing a Risk Assessment to build an APAC and/or LE Risk Profiles that would be integrated into the overall Data Management Risk Governance Profile.
  • Collaborate with Enterprise Fraud Risk Oversight team, when applicable, to identify and manage synergies, dependencies, and common challenges


Market Skills and Certifications
Required Qualifications :

7+ 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 7+ years of financial services industry experience, of which 5+ years must include direct experience in risk management

Other Desired Qualifications

  • Fraud and Identity Theft Program experience and expertise in either
    • Policy, Governance and Business Oversight
    • Measurement & Reporting Oversight
    • New Business Initiatives and Product Oversight
    • Independent Risk Assessment
  • Knowledge of an enterprise risk management framework, including: risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance,
  • Strong understanding of a corporate risk function, business 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,
  • Strong understanding of corporate and/or business policies, and programs
  • Flexibility to navigate a complex, highly-matrixed organization


This role can be based in Hong Kong or Singapore.

We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.


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