Senior Lead Operational Risk Officer - Finance & Financial Reporting Risk Oversight (FFRRO)
Senior Lead Operational Risk Officer - Finance & Financial Reporting Risk Oversight (FFRRO)
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Job Description
About this role:
Wells Fargo is seeking a Senior Lead Operational Risk Officer in Operational Risk Management as part of the Finance & Financial Reporting Risk Oversight group. Learn more about the career areas and lines of business at .
This role will assist the Finance & Financial Reporting Risk Oversight (FFRRO) leader with all matters pertaining to independent Operational Risk coverage and oversight of the Finance organization.
This role is expected to engage with business and risk resources within the front line to influence and challenge risk management activities and decisions. Operational risk is the risk resulting from inadequate or failed internal controls and processes people systems or external events. Operational risk is inherent in all Wells Fargo products and services as it often arises in the presence of other risk types. The risk professional in this role will be accountable for developing an understanding of the Finance functions products services and relevant industry issues.
In this role you will:
Specific responsibilities will include but not be limited to the following:
Oversee and challenge the Enterprise Finance function across all aspects of the risk management life cycle (plan identify and assess control monitor and report test and validate).
Perform independent risk assessment of the Finance function including Financial Reporting Risk.
Review and challenge Finance risk acceptances and new business initiatives.
Use subject matter expertise and industry knowledge to provide independent oversight and credible challenge to Finances operational risk management activities.
Engage with Finance leadership Control Executive teams Business Management and Independent Risk teams to promote a strong operational risk culture.
Actively engage in key Finance risk governance routines including strategic planning sessions governance committees and business reviews.
Identify and escalate conflicts with risk management results and expected business outcomes.
Influence appropriate risk management prioritization by the front line to enable Finance to meet strategic objectives while meeting operational risk program expectations.
Evaluate cross-program and cross-group analytics to identify opportunities and best practices to influence stronger risk management.
Active engagement with IRM risk teams supporting various risk types to ensure appropriate alignment and prioritization.
Develop and deliver oversight content summarizing the results of the independent risk assessment activities.
Provide a business-centric view to IRM risk programs as needed.
Engage with businesses as appropriate to effect changes to the operational risk program.
Partner with both internal and external stakeholders including resources from all three lines of defense.
Required Qualifications:
7 years of Operational Risk experience or equivalent demonstrated through one or a combination of the following: work experience training military experience education
Desired Qualifications:
Proven leadership skills to influence change and drive alignment across all levels of stakeholders to develop and deliver repeatable end-to-end risk management solutions.
Strong executive communication skills in both written and verbal formats.
Meaningful knowledge of the enterprise risk management frameworks and the ORM Methodology including risk identification risk appetite and strategy processes and controls risk analytics and governance ORM execution and monitoring routines and risk management programs.
Understanding of the Finance functions (Controller Treasury Business Finance Financial/Regulatory Reporting) business operations processes and products where they manifest risk.
Ability to rationalize operations to drive efficiency.
Strong strategic and conceptual thinking skills.
Strong project management experience.
Ability to interact effectively with all levels of an organization.
Data and analytical skills with attention to detail and accuracy.
Advanced Microsoft Office (Word Excel Outlook and PowerPoint) skills.
Job Expectations:
This position offers a hybrid work schedule
Locations:
401 S Tryon St Charlotte NC
600 S 4th St Minneapolis MN
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements skills experience or work location. The range listed is just one component of the compensation package offered to candidates.
$144400.00 - $300000.00Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits many of which are listed below. VisitBenefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance critical illness insurance and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Posting End Date:
10 Jul 2025*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability status as a protected veteran or any other legally protected characteristic.
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 units risk appetite and all risk and compliance program requirements.
Applicants with Disabilities
To request a medical accommodation during the application or interview process visitDisability Inclusion at Wells Fargo.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Required Experience:
Senior IC
Employment Type
Full-Time
