1+ months

Operational Risk Consultant 4

Minneapolis, MN 55415
  • Job Code
Job Description

At Wells Fargo, we want to satisfy our customers financial needs and help them succeed financially. Were looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where youll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Who We Are
The Wells Fargo Technology Risk Management team is responsible for driving the execution and comprehensive view of risk across Enterprise Information Technology (EIT) and the firm by instilling a risk management culture where businesses are accountable for understanding and managing their risk. Technology Risk Management is organized around shared and divisional responsibilities to provide first-line-of-defense risk management support to drive the execution of the Technology Risk Management Program.

About Enterprise Information Technology (EIT)
At Wells Fargo, technology is at the heart of what enables us to satisfy our more than 75 million global customers financial needs and help them succeed financially. The Enterprise Information Technology (EIT) group provides strategic technology-based products, services, and governance for our enterprise business units. EIT helps customers conduct an average of 95 million transactions each day through in-store, online, ATM, and telephone transactions, delivering a true One Wells Fargo experience and ensuring their security, regardless of the channel. Altogether, EIT draws on the talents and motivation of thousands of technology team members across the enterprise, managing world-wide technology for more than 8,700 stores and 12,500 ATMs, making EIT a competitive advantage for Wells Fargo.


We are seeking an Operational Risk Consultant to join our team and assist in the execution of the technology risk and control framework. This position will engage with multiple risk and control stakeholders/lines of defense across technology and the enterprise to enable a strong risk management practices and capabilities.

The environment continues to be one of heightened standards, raised risk consciousness and regulatory requirements. As the first line of defense, this role assures real risk reduction within the divisions, consistent with the Wells Fargo Vision & Values and risk appetite. This role will be responsible for the planning and execution of critical FLOD risk functions, in alignment with the Corporate Risk Model and EIT Risk Model. Accountabilities include:


Develop, implement and support a Technology Risk Framework in alignment with Wells Fargo Risk Management Framework Document risk(s) within established and new line of business products/services and shared services IT processes/products/services Evaluate risks and prioritize risks and remediation work

Identify & Assess:

Conduct and support risk assessments that evaluate the technology application/infrastructure environment and estimate the level and trends of inherent risk, determine the effectiveness of associated controls and the level and trends of residual risk Be proactive identifying risks within the divisions and across internal and external events

Control & Mitigate:

Design and implement effective and proactive action plans that appropriately mitigate risks in a sustainable manner and define Key Risk Indicators to track impact Operate controls in an effective manner to mitigate risks and deliver IT value Execute the related compliance process (e.g. Audits, CICATs, SOX) and IT Policy Management & Exceptions

Monitor & Report:

Monitor controls to identify gaps and prevent, correct, detect operational risk issues Identify, measure, monitor, support and complete EIT risk management training, communication, and outreach programs Integrate continuous improvement with metrics and monitoring Support Virtuous Circle of risk management

Review and Verification:

Assuring strategic and foundational risk attributes are comprehensively included in pre, during and post analysis Ongoing reviews to identify anomalies, exceptions and outliers that could lead to additional risk events Verifying risk management standards, requirements and documented risk reduction attributes are appliedRequired Qualifications

6+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both5+ years of data management experience5+ years of data warehouse experience5+ years of database experience

Desired Qualifications

Advanced Microsoft Office skillsExcellent verbal, written, and interpersonal communication skillsStrong analytical skills with high attention to detail and accuracyAbility to interact with all levels of an organizationProgram management experienceExperience communicating with business partners and project managersCertified Internal Auditor (CIA), Certified Information Systems Auditor, (CISA) Certification in Control Self-Assessment (CCSA), Certified Information Systems Security Professional, (CISSP) or other risk management discipline certificationExperience communicating in both written and verbal formats with senior executive-level leaders

Other Desired Qualifications Strong risk & control fundamentals, knowledge of frameworks and methodologies, common implementation challenges. Experience in evaluating the adequacy and effectiveness of policies, procedures & controls. Experience in review & development of risk & control ratings. Experience in assessing risk, writing issues and developing appropriate corrective actions. Demonstrated negotiation skills, especially with difficult topics when partnering with senior management. This includes the willingness and ability to question decisions, understand direction and escalate issues, where necessary. Demonstrated experience with both strategic and tactical approaches to risk management. Track record of providing constructive challenge with appropriate issue escalation and offering solution Strong ability and experience working with and collaborating with leaders and team members at all levels and across functional lines. Strong database and data modelling fundamentals on Oracle, SQL Server and Hadoop technologies with implementation Demonstrate knowledge of Data Processing ETL, Metadata Management and Data Quality Control tools and technologies Strong knowledge of Analytics and Reporting tools and technologies such as Tableau, Business Objects, Oracle Business Intelligence (OBIEE) and Microsoft PowerBI.Street Address

NC-Charlotte: 401 S Tryon St - Charlotte, NCAZ-PHX-Northwest Phoenix: 3501 W Bell Road - Phoenix, AZMN-Minneapolis: 3430 University Ave Se - Minneapolis, MNIA-Des Moines: 666 Walnut St - Des Moines, IA


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.



Posted: 2019-02-16 Expires: 2019-04-16

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Operational Risk Consultant 4

Wells Fargo
Minneapolis, MN 55415

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