Lead Control Management Officer-Risk Measurement Program/ Metric Development

Company: Wells Fargo
Location: Minneapolis
Posted on: August 7, 2022

Job Description:

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. About this role: 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. Facilitates the day-to-day execution of the Risk Measurement Program. Facilitates the gathering of metrics, partnering with key stakeholders for trigger response and action plan development, and ensure accurate input into the system of record. In this role, you will:

• Facilitate the execution of the risk measurement program requirements outlined in policy and procedures.
• Provide consulting and training as directed by Corporate Risk program lead for the risk measurement program.
• Engage business control managers for metric triggers, root cause analysis, and action plans for monthly and quarterly metric trigger responses.
• Enter all required metric data on a monthly, quarterly, and annual basis per Risk Measurement Program and system requirements.
• At the direction of the project lead, conduct complex analysis and manage the development of risk metrics from disparate data sources, formats and programs
• Partner with risk type partners to understand data inputs, risk drivers, and desired output
• Provide quality check on risk measurement submissions from the frontline business partners.
• Manage relationships and foster a team orientation across the Control team, with business heads, Independent Risk Management (IRM), Legal, and Audit Services.
• Act as a primary point of contact for Control team for aligned enterprise programs.
• Provide input into the development of enterprise-wide risk programs and policies in coordination with Business Control Leaders.
• Build a high performing risk management organization that meets heightened risk management expectations.The successful candidates will work closely with other senior leaders across Corporate Risk, the Control organization, and the company in the development and execution of the Company's risk management strategies. Accordingly, critical success factors will include the ability to develop partnerships with many functional areas, provide insight into the regulatory climate and related financial services industry developments, and identify trends that may present opportunities or reflect gaps in the Company's risk management execution and direction. Leadership, integrity, and credibility will be determining factors in selection. Successful candidates will be articulate and possess a demonstrated leadership capability; they will be impressive in their interpersonal effectiveness and with regard to their accomplishments. It requires a leader with strong relationship management, influencing, vision, and execution skills. A key differentiator will be the ability to understand and operate successfully in a complex, heavily matrixed corporate environment.The role requires a sense of urgency, passion for results, and personal accountability for achievement. Telecommute is not an option. Please note: Based on the volume of applications received, this job posting may be removed prior to the indicated close date. If you do not apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells Fargo. Required Qualifications:
  • 5+ years of Risk Management or Control Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications:
    • Database experience such as PowerBI, SQL, Taleau, Access, etc.
    • Statistical analysis
    • Proficiency in data insights, analysis, metric methodology, and testing
    • In-depth knowledge of risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance
    • Ability to translate business requirements into systematic metrics
    • Capable of working with large, disparate data sources to consolidate into concise, easy to understand, actionable metrics
    • Strong analytical ability to identify risks and confidently raise issues, escalate early, and engage in constructive credible challenge and will do so independently when necessary
    • Ability to articulate complex concepts in a clear manner
    • Advanced Microsoft Office skills
    • Ability to interact with all levels of an organization
    • Excellent verbal, written, and interpersonal communication skills
    • Strong analytical skills with high attention to detail and accuracy
    • Ability to be flexible and adjust plans quickly to meet changing business needs
    • Ability to develop, deploy, and support metrics
    • Understanding of best-practice risk management and metric development techniques across financial services industry
    • Knowledge of relevant financial regulations and understanding of how they are implemented, managed, and enforced
    • Understanding of Corporate Risk operations, processes, and responsibilities
    • Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders
    • Ability to effectively manage and build relationships within the business and Enterprise risk function
    • Proven leadership and project management skills to drive alignment across stakeholder groups, to develop and deliver repeatable end to end risk management solutions and controls aligned with business/customer processes
    • Strong understanding of risk framework, corporate/business policies, and programs to translate into plans for the business, function, and/or risk type
    • Strong leadership ability with executive presence
    • Ability to proactively manage and resolve conflict and effectively defend decisions with objective rationale
    • Ethical integrity and demonstrated ability to assess and determine when to raise concerns and escalate We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law. 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 unit's risk appetite and all risk and compliance program requirements. Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Keywords: Wells Fargo, Minneapolis , Lead Control Management Officer-Risk Measurement Program/ Metric Development, Executive , Minneapolis, Minnesota