Wells Fargo is Hiring a Fiduciary Risk Administration -Senior Lead Operational Risk Officer Near New York, NY

About this role:
Wells Fargo is seeking a Senior Lead Operational Risk Officer in Operational Risk as part of Corporate Risk. Learn more about the career areas and lines of business at wellsfargojobs.com.
As the company's second line of defense, Corporate Risk - or Independent Risk Management - provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework and ensure all employees understand their individual accountability for managing risk. Corporate Risk roles depend on a variety of skills, including data analysis and synthesis, root cause analysis, change management, process management & execution, risk governance, risk strategy, risk identification & assessment, risk prevention, controls & mitigation, risk monitoring, reporting & escalation, risk systems & technology.
This role will be part of the Fiduciary & Investment Risk Oversight ("FIRO") unit of Operational Risk Coverage Programs. FIRO's program is designed to proactively and systematically identify, assess, measure, monitor, control and report on significant fiduciary and investment risks to Wells Fargo and its customers. The primary business group currently in scope for this oversight program is Wealth & Investment Management.
In this role, you will:

• Provides fiduciary risk expertise and consulting to complex business units for initiatives with high risk, generally spanning multiple business lines with a focus on the rules and regulations applicable under OCC regulations (e.g., 12 CFR 9, 12 CFR 12), OCC bulletins and handbooks covering fiduciary topics and RC-T reporting
• Provides subject matter expertise to the businesses and supporting group partners on select OCC and SEC regulations and risk topics
• Monitors the regulatory and industry environment and identifies fiduciary risk issues and may participate in development of risk ratings
• Designs and develops complex oversight strategies, methodologies and analyses for business fiduciary products and services
• Evaluates the adequacy and effectiveness of policies, procedures, processes, systems and internal controls
• Analyzes complex business and/or system changes to determine impact
• Provides consulting to business on corrective action plans and effectively managing change
• Reports findings and develops business cases to influence executive management or management committee member/head of business on the need for controls to mitigate risk
• May lead implementation of initiatives with moderate to high risk and escalate challenges to senior leaders
• Internal collaboration with key stakeholders in Corporate Risk and Business Groups for oversight of F&I risk
• May interface with Internal Audit, Legal, external agencies, and regulatory bodies on risk related topics
• May lead project/virtual teams and may mentor team members

Required Qualifications, US:

• 7 years of Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 2 years prior experience in fiduciary administration

Desired Qualifications:

• CFIRS, CISP, AIF, ARPC, or related certification preferred
• Strong risk management and compliance skills
• Strong background in trust administration
• Knowledge and understanding of fiduciary law and federal regulations
• Knowledge and understanding of fiduciary, investment, or planning disciplines
• Knowledge and understanding of investment risk and compliance management processes
• Knowledge and understanding of trust, fiduciary law, and federal regulations/operations

Job Expectations:

• Ability to travel up to 20% of the time
• Ability to work at one of the approved locations in the job posting
• This position offers a hybrid work schedule
• This position is not eligible for Visa sponsorship

Locations:

• Charlotte, NC
• St. Louis, MO
• New York, NY
• Boston, MA
• Minneapolis, MN
• Irving, TX

Salary Range: $144,400-$300,000
Pay Range
$144,400.00 - $300,000.00
Benefits
Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.

• 401(k) Plan
• Paid Time Off
• Parental Leave
• Critical Caregiving Leave
• Discounts and Savings
• Health Benefits
• Commuter Benefits
• Tuition Reimbursement
• Scholarships for dependent children
• Adoption Reimbursement

We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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 US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

About the Company:
Wells Fargo

We believe in our vision and values just as strongly today as we did the first time we put them on paper more than 20 years ago. Staying true to them will guide us toward continued growth and success for decades to come. As you read more about our vision and values, you will learn about who we are, where we’re headed and how every Wells Fargo team member can help us get there.

Company Size:
10,000 employees or more

Industry:
Financial Services

Founded:
1852