About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Market Job Description

Department Overview

Risk Insights program is part of Wholesale Risk & Control Team. Measure and monitor the level and types of risk that Wells Fargo is willing to shoulder within its risk capacity to achieve its strategic objectives and also provide information on the level of exposure given on an operational risk has at a particular point in time. Design and develop executive summary reporting on the key risks, the impact of controls, and risk trends leading to greater transparency from day-to-day risk management through required periodic reviews demonstrating an understanding of potential risks

About the Role

The role requires a strong demonstration on technical, functional, and job-specific knowledge required. Accurately process high volumes of work, within established deadlines. Examines and delivers as per the required quality, following the laid down procedures and under guidance. Constructively challenge the usual approach to doing things, and find new and better ways to do the job


  • The Operational risk consultant will support wholesale lines of business in Reporting, Data mining and Analysis. The Key responsibilities are:
  • Build a high-performing reporting capability serving the Wholesale lines of business (LOB)
  • Reviewing, enriching and reporting the newly created Operational Losses over 10K, Internal Losses over 500K and External Losses over 5mm, Near Misses, Quality Assurance Report, LoB Monthly & Quarterly Loss Reports, OCC/FRB, Issues Management to the Risk Officers, LOBs, Payment Risks and many others to drive real-life enhancements in the way of managing risk
  • Meet FRB/OCC regulatory requirements by providing a comprehensive view of operational losses for Wholesale businesses and also provides a Business summary review to Wholesale Risk Leadership team facilitating discussion on the operational losses, root causes, emerging trends and remediation efforts
  • Broaden the scope of monitoring and reporting key metrics on Operational Risk frame across Wholesale Line Of Business and also to include risk types not previously scoped into the operational risk governance structure
  • Develop metrics to provide insight into trends and an early warning of potential changes to the risk profile, as well as key process indicators and key control indicators to monitor performance of processes and controls
  • Build 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
  • Proactively identify, communicate, mitigate and escalate risk originating from non-compliance of processes, operational errors, and data integrity issues in all applicable processes
  • Actively manage risk throughout the change management lifecycle as it relates to executing Efficiency & Effectiveness (E&E) initiatives
  • Accountable for execution of risk programs (Technology, Financial Crimes, Operational Risk, Information Security, Regulatory Compliance), which includes effectively following, and adhering to and if 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
  • Emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements
  • Adherence to agreed project timelines within and across the teams and ensure timely reporting of any differences and address all project/assignment related queries/escalations

Market Skills and Certifications

Essential Qualifications

  • University degree in Business or related discipline
  • 2 to 3 years of experience in Risk and Controls
  • Credible challenge reporting and analysis for observations and recommendations
  • Project Management
  • Good Data Analytics and Insights

Skills Required
  • Constructively challenge the usual approach to doing things, and find new and better ways to do the job
  • Excellent communication and relationship/partnership building skills
  • Demonstrate a curiosity toward learning
  • Consistently meet or exceed commitments
  • Maintain high standards of performance
  • Go above and beyond what needs to be done without being told
  • Communicate clearly and concisely

We Value Diversity

At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate. 63711


At Wells Fargo, we’ve been proudly supporting military veterans and their families for more than 170 years.

We value the leadership, discipline, and skills you’ve gained through your service to our country and recognize the contributions our veteran team members bring to the table. We’re so committed to hiring and retaining military veterans, veterans with disabilities, National Guard members, and Reservists that we’ve made it our goal is to employ 20,000 veterans by 2020.

As a Wells Fargo team member, you’ll find a work culture that is team-oriented, collaborative, structured, and challenging. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance. You may choose to join our Veteran’s Team Member Network, a group of thousands who share an interest in veterans’ matters, and that promotes greater awareness and job development within the veteran community. To learn more about opportunities at our company, please visit wellsfargojobs.com/military. Let’s talk about turning your military experience into a great civilian career.

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