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Wells Fargo is seeking a Senior Lead Operational Risk Officer to serve as a subject matter expert in Digital Currency, with direct experience in clearing and custody of digital assets. This role will operate within the Operational Risk and Compliance functions, providing authoritative second-line oversight and guidance for new products and services in Wealth and Investment Management (WIM) and the Corporate and Investment Bank (CIB).
Job Responsibility:
Develop and implement a coverage model for digital currency across Operational Risk and Compliance, in alignment with the product model
Provide second-line oversight and guidance for operational risks and compliance related to digital assets and related emerging technologies
Partner with and influence WIM and CIB leadership in the evaluation of new products and services involving digital currency, ensuring alignment with regulatory expectations and internal risk frameworks
Act as a trusted advisor and subject matter expert on digital asset clearing, custody, and related operational risk issues
Drive knowledge expansion and capability building across second-line teams in WIM and CIB regarding digital assets and associated risks
Collaborate with internal stakeholders to develop risk policies, standards, and procedures for digital currency activities
Monitor regulatory developments and industry trends to anticipate emerging risks and advise on proactive risk mitigation strategies
Support risk assessments, issue management, and governance reporting for digital currency initiatives
Requirements:
7+ years of Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Direct experience in digital currency clearing and/or custody, preferably within a regulated financial institution
Nice to have:
Deep understanding of operational risk frameworks, compliance requirements, and regulatory expectations for digital assets
Proven ability to influence and provide authoritative guidance across multiple lines of defense
Strong collaboration skills with experience working across risk, compliance, and business teams
Advanced knowledge of digital asset ecosystems, blockchain technology, and emerging financial technologies
Experience with Wealth and Investment Management and Corporate and Investment Banking products and services
Exceptional communication and presentation skills, with the ability to translate complex concepts into actionable guidance for senior stakeholders
Deep understanding of three lines of defense with direct experience with audit processes and principles
U.S. securities licensing preferably supervisory licensing
What we offer:
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance