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:

The Lead Operational Risk Officer will be part of a team responsible for designing and delivering the strategic technology agenda for the bank's Risk Measurement Platform (RMP) solution (In house developed JAVA based technology tool), ensuring the bank meets its regulatory commitments. This role will work closely with the Operational Risk Foundational Pprogram - IRMMM program team to build out the necessary technology solution. The role with also partner with other programs (ie, ORFP - Monitoring, & Strategic Enterprise Risk Management) to help support the buildout of the required functionality in the application. The team is also responsible for coordinating across stakeholders on requirements gathering and adhering to the system development control activities required for RMP.

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
Partner with Technology, Monitoring and SERM Program peers across Corporate Risk, Front Line and Technology teams to implement an integrated, strategic solution to enable the banks RMP capabilities
Drive the documentation of detailed business requirements, while partnering with Technology to design the requirements
Document test scripts, while also conducting the Solutions Integration Testing, User Acceptance Testing and Production Checkout
Lead the user acceptance testing (UAT) strategy for key technology releases
Responsible for overseeing the overall UAT plan, UAT testing, preparing UAT status report for senior leaders
Manage the UAT Lifecyle until completion, including defect management
Act as the initial POC/SME for key RMP functionality
Analyze extremely complex business and system changes to determine impact on application or process
Design and develop the complex testing strategies, methodologies and analyses
Design and coordinate the development of training materials and coordinate or deliver training
Develop business cases to influence executive management, management committee member or head of business
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
5+ years of product owner and/or application testing experience
4+ years of operational risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Functional understanding and industry GRC solution knowledge
Strong analytical skills with high attention to detail and accuracy
Ability to articulate complex concepts in a clear manner
Experience Business Analysis, with an understanding of Agile Technology technique
A strong understanding of operational risk data components and related taxonomies
Strong communication, ability to balance business expertise and execution with a clear articulation of business requirements for a technical audience, in both verbal and written formats
Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills

Nice to have:

Functional understanding and industry GRC solution knowledge
Strong analytical skills with high attention to detail and accuracy
Ability to articulate complex concepts in a clear manner
Experience Business Analysis, with an understanding of Agile Technology technique
A strong understanding of operational risk data components and related taxonomies
Strong communication, ability to balance business expertise and execution with a clear articulation of business requirements for a technical audience, in both verbal and written formats
Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills

Additional Information:

Job Posted:
July 04, 2025

Expiration:
July 10, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Lead Operational Risk Officer