Wells Fargo & Company (NYSE: WFC) is a leading global financial services company with $2.0 trillion in assets and offices in over 37 countries. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides asset management, capital raising and advisory, financing, foreign exchange, payments, risk management, and trade finance services to support customers who conduct business in the global economy. At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We also value the viewpoints of our team members and encourage them to be their best. 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. Learn more at our International Careers website .
Market Job Description
The Vice President of Wells Fargo Commercial Capital (WFCC) Operational Risk Business Oversight is responsible for the independent oversight of front line operational risk management effectiveness of the Commercial Capital (Vendors/Dealers Financing) lines of business. This role is expected to engage with business and risk resources within the front line to influence and challenge risk management activities and decisions. Operational risk is the risk resulting from inadequate or failed internal controls and processes, people and systems, or resulting from external events. Operational risk is inherent in all Wells Fargo products and services as it often arises in the presence of other risk types.
This role will develop specific subject matter expertise around Americas WFCC businesses, is considered a thought leader and will assist the Regional Head of Operational Risk with all matters pertaining to Operational Risk coverage and oversight. In this capacity, this role reviews and challenges significant Front Line operational risk program execution, including, but not limited to, business continuity, payments, external fraud, information risk management, safety and physical security, transaction processing and execution, third-party risk management and various risk assessment policies and programs. The risk professional in this role will also develop detailed understanding of business strategy, the customer base, products and services and other relevant industry issues, frameworks and emerging risks.
Market Skills and Certifications
10+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 10+ years of IT systems security, business process management or financial services industry experience, of which 5+ years must include direct experience in compliance, operational risk management, or a combination of both
Experience and expertise in the Commercial Capital, Vendors/Dealers Financing strategy, processes and risk management activities
Advanced Microsoft Office skills
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy
Ability to interact with all levels of an organization
Leadership skills including the ability to influence effectively in a matrix environment
Ability to articulate complex concepts in a clear manner
Other Desired Qualifications:
Meaningful 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 one or more enterprise 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, which includes virtual, matrixed leadership experience
Proven leadership skills to drive alignment across stakeholder groups to develop and deliver repeatable end to end risk management solutions
Strong understanding of corporate and/or business policies, and programs
Demonstrated professional ability that embodies the Wells Fargo Vision and Values and leadership competencies
Proven ability to scope, manage and execute complex risk management initiatives with high quality and timely delivery
Flexibility and business savvy to navigate a complex, highly-matrixed organization
Experience providing reporting and updates to senior-level management
Requires a developed sense for strong relationship management, and can exert influence
Be articulate and possess a demonstrated capability to organize, scope and execute complex initiatives across a complex, heavily matrixed corporate environment with a US financial services parent
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.
Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Internal Number: 6665290
About Wells Fargo
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