Operational Risk Manager

About this role:

Wells Fargo is seeking a Operational Risk Manager.

In this role, you will:

• Manage and develop a team of individual contributors with low to moderate complexity and risk in Compensation functional area
• Engage stakeholders and internal partners associated with Compensation functional area
• 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
• Influence operational risk and business management to identify, formulate, and implement operational risk policies, procedures, and controls for the respective business or functional area to mitigate risk
• Provide operational risk expertise to business projects and initiatives and participates in the development of risk rating systems
• Consult with and influence operational risk and business management to identify, formulate, and implement operational risk policies, procedures, and controls for the respective business or functional area to mitigate risk
• Manage reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding operational risk to management
• Lead implementation of complex and strategic initiatives with moderate risk and complexity
• Collaborate and influence all levels of professionals including more experienced managers
• Lead team to achieve objectives
• Manage communication and collaboration with business heads, Legal, Audit, and regulators on risk related topics
• Manage allocation of people and financial resources for Operational Risk
• Mentor and guide talent development of direct reports and assist in hiring talent

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
• 2+ years of Leadership experience

Desired Qualifications:

• Knowledge and understanding of continuous monitoring tools/detection tools/controls/processes including technology processes, and ability to identify emerging risks and offer mitigations recommendations ? Business domain knowledge on Banking business functions / processes • Experience with Risk Appetite Metric and Key Indicator programs • Experience with Risk Control Self-Assessment (RCSA) process • Experience with Operational Risk Event (ORE) assessment process • Experience with Enterprise Risk Identification (ERID) assessment process • Experience with Tableau and other visualization tools, with the ability to incorporate a visual data story into an actionable narrative for executive audience • Knowledge of SHRP and other risk systems • Experience in establishing and managing training programs • Ability to review and develop work plans and effectively summarize results

Job Expectations:

• · Work Location: HYD, BLR· Shift Timings: 1:30 PM to 10:30 PM IST

Posting End Date: 

11 May 2025

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in Canada: 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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

 

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

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