St. Louis, Missouri

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message.  In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application. 

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

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

As the company's second line of defense, Corporate Risk — or Independent Risk Management — provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework and ensure all employees understand their individual accountability for managing risk.

The Operational Risk Officer-Authoritative Source Oversight role will have responsibilities to include but not limited to: 

  • Partnering with IRM stakeholders to support operational risk management of US and non-US regulatory obligations;
  • Evaluate operational risk applicability of regulatory changes and associated requirements;
  • Coordinate mapping of controls to applicable source requirements to ensure coverage;
  • Continuously improve capabilities to provide an informed perspective on regulatory obligations;
  • Produce reporting on obligations from system of record (SOR) for IRM partner consumption and analysis; 
  • Automate ORROM processes to streamline, driving increased efficiency, consistency and centralization
  • Identification of risks and raising issues, escalating early and providing constructive challenge supported by appropriate rationale and evidence.
  • Independently assessing, monitoring, and reporting and, as necessary, escalating operational risks generated by risk programs across the Firm to provide oversight of risk controls or risk management activities.
  • Execute and prioritize risk management and daily activities in an organized, cohesive, concise and consumable manner.  Ability to multi-task, readjust priorities in real time to meet program and the broader risk transformation activities
  • Executing independent oversight activities related to compliance and authoritative sources using an operational risk lens with accountability for key indicators related to quality and performance.  
  • Utilize SME risk management knowledge of non-Major Regulatory Requirements and guidance, control design, and assessment expertise to create, perform, and execute oversight activities 
  • Providing comprehensive and consumable aggregate oversight reporting views on operational risk across several platforms 
  • Actively participate in meetings and provide expertise and challenge relative to program
  • Review, assess and challenge the work products produced across regulatory compliance enabling solutions.
  • Developing and maintaining strong working relationships with the lines of business, independent risk oversight teams and compliance peers
  • Being an effective change agent, identifying new and innovative ways to identity and effectively manage risk and continuously improve ORRA capabilities
  • Knowledge of best-practice risk management techniques across financial services industry

Required Qualifications

  • 7+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 7+ years of financial services industry experience, of which 5+ years must include direct experience in risk management

Desired Qualifications

  • Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
  • Ability to grasp complex business issues quickly, recommend solutions, and drive for resolutions
  • Ability to develop partnerships and collaborate with other business and functional areas
  • Ability to influence and collaborate at all internal organizational levels
  • Ability to identify and evaluate exposures and potential risks
  • JIRA experience
  • SharePoint experience
  • Ability to communicate effectively, in both written and verbal formats, with senior executive-level leaders
  • Ability to interact with all levels of an organization
  • Change management experience
  • Knowledge and understanding of compiling and preparing executive summaries, whitepaper, and presentations for management/senior leaders

Other Desired Qualifications
  • Experience monitoring control effectiveness through quantifiable risk measurements.
  • Broad knowledge of risk issues facing financial institutions today, including operational risk, compliance, information security, third party providers, privacy, BCP/technology recovery, and other domain risk domestic and non U.S.
  • Conduct independent risk management reviews with primary focus on authoritative source and regulatory requirements for various risk management areas. 
  • Experience supporting compliance regulations of the FRB, OCC, FINRA, SEC and other relevant regulatory bodies 
  • Experience developing reports in response to management, audit or regulatory requirements. 
  • Ability to synthesize data from a variety of sources and deliver results quickly
  • Experience working with issues management tools such as SHRP, NGI-(next generation inventory) tool and other issue management tracking and monitoring  tools. 
  • Working knowledge of risk management frameworks, including but not limited to: risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance
  • Experience with assessing the adequacy of policies, procedures, processes, and compliance and operational controls in a significantly large and complex organization
  • Proven ability to proactively manage and resolve conflict and effectively defend decisions with objective rationale

Job Expectations

  • Ability to travel up to 10% of the time

Street Address

NC-Charlotte: 401 S Tryon St - Charlotte, NC
TX-Irving: 5000 Riverside Drive - Irving, TX
IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA
MN-Minneapolis: 600 S 4th St - Minneapolis, MN
AZ-Tempe: 1150 W Washington St - Tempe, AZ
MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO


    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.

Benefits Summary


Visit for benefits information.

St. Louis, Missouri

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 Let’s talk about turning your military experience into a great civilian career.