Lead Operational Risk Officer, Wells Fargo

Wells Fargo

Location:
India, Bengaluru

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Wells Fargo is seeking a Lead Operational Risk Officer to develop, implement, and monitor risk-based programs to identify, assess, and mitigate operational risks. The role involves evaluating policies, procedures, and controls, providing risk expertise to business units, and leading teams.

Job Responsibility:

Develop, implement, and monitor risk-based programs to identify, assess, and mitigate any operational risk that arises from inadequate or failed internal processes, people, systems, or external events
Maintain a balance between risk mitigation and operational efficiency
Evaluate the adequacy and effectiveness of policies, procedures, processes, systems, and internal controls
Analyze extremely complex business and system changes to determine impact, identify operational risk issues and participate in the development of risk ratings
Provide operational risk expertise and consulting to complex business units for initiatives with high risk, generally spanning multiple business lines
Design and develop the most complex testing strategies, methodologies and analyses
Consult with the business to develop corrective action plans and effectively manage change
Identify training opportunities
Design and coordinate the development of training materials and coordinate or deliver training
Report findings and develop business cases to influence executive management, management committee member or head of business on the need for controls to mitigate risk
Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
Lead project or virtual teams and mentor less experienced staff

Requirements:

5+ years of Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Experience in risk assessment, independent risk management, control evaluation, risk reporting and issue management on various information and cyber security risks
Industry recognized certification such as CISM / CISA / CRISC / CISSP
Good to have working knowledge of COBIT framework with an emphasis on measuring control effectiveness and risk assessments
Working knowledge of local and US banking guidelines related to Information Security oversight and outsourcing in financial services (OCC, FRB, RBI, BSP) and able to apply that knowledge to sound risk management practices
Advanced Microsoft Office skills
Ability to challenge for material areas of improvement and articulate risk impact
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 and present complex material in a digestible, consumable manner to all levels of management

Nice to have:

Experience developing risk metrics and trending reports
Ability to synthesize data from a variety of sources and deliver results quickly

Additional Information:

Job Posted:
April 27, 2025

Expiration:
May 01, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Lead Operational Risk Officer