Senior Operational Risk Specialist Bengaluru, India

• About this role:

  Wells Fargo is seeking a Senior Operational Risk Specialist

  In this role, you will:

• Provide oversight of the first line of defense issue management program and fulfill IRM responsibilities outlined in the Issue Management Policy including:
  • Evaluating appropriateness of risk type exposure, risk level and cross line of business impact defined by the front line and challenging as needed
  • Execute Issue submission and closure tollgates and challenge the frontline teams as needed.
  • Executing and supporting IRM review and challenge for issue submission and/or closure tollgate to validate Root Cause Analysis, Corrective Action, and other key issue details
  • Contributing to IRM challenges related to oversight of frontline issue management activities
  • Actively participating in and driving the oversight of front line and IRM plans adhering to the Issue Management Policy
• Generate reports to provide comprehensive, timely and accurate issue management reporting to key stakeholders including senior management and/or risk partners:
  • Support creation and publication of dashboards for issue management oversight reporting and execution
  • Support development and ongoing refinement of reporting including metrics / KPIs / KRIs
  • Support identification of  issue management themes and trending analysis
  • Engage with IMO and other risk partners for issue management reporting
• Engaging with other key partners (e.g., Legal, Compliance, Technology, etc.) as needed
• Work against the timelines to collaborate with Risk Type teams & ORBOs for effective completion of submission & closure tollgates
• Required Qualifications:
• 4+ years of Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

• Desired Qualifications:

• Excellent verbal, written and interpersonal communication skills
• 4+years of experience in operational risk, compliance, business process management, or financial services, of which at least 4 years must include direct experience in operational risk
• Working knowledge in Issue Root Cause Analysis, Corrective Action Development, Risk Acceptance, and other Issue Management Activities.
• Strong analytical skills with high attention to detail and accuracy
• Demonstrated issue management experience
• Ability to leverage multiple data sets for creation of consistent and comprehensive reporting
• Highly proactive, able to work both independently and within a collaborative team-oriented environment using sound judgment in decision-making.

Posting End Date: 

*Job posting may come down early due to volume of applicants.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability 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.