AuroraCORecruiter Since 2001
the smart solution for Aurora jobs

Operational RIsk Consultant 4 - Wholesale Chief Operating Office - Regulatory Control

Company: Wells Fargo Bank
Location: Aurora
Posted on: December 5, 2019

Job Description:

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 prior to 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 want to satisfy our customers------ financial needs and help them succeed financially. We------re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you------ll feel valued and inspired to contribute your unique skills and experience.Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.Wholesale Banking provides financial solutions to businesses across the United States and globally. Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.Wholesale Regulatory Control is seeking a dynamic contributor who has the proven capability to identify, assess and remediate risk through a highly developed Business Process Management (BPM)/Risk and Control Self Self-Assessment (RCSA) skillset. --The Operational Risk Consultant will have subject matter expertise in all areas of BPM/RCSA including process assessment and design, operating/desktop procedures, process mapping and risk assessment and rating, control design, monitoring and self-assurance/quality testing design and implementation, performing end to end risk assessments and executing disciplined change management routines. The candidate will be responsible for providing insight into control gaps or enhancements, monitoring activities and self-assurance activities. In addition, the role will be responsible for ensuring that process reviews are completed in a timely manner according to Enterprise policy.Additional responsibilities include:

  • Managing Regulatory Programs, LoB Coverage teams, Regulatory Change Management and various operational groups with design and implementation of procedures, controls, monitoring/testing and issue remediation for new Regulatory Programs
  • Providing expertise and consistency in authoring Issues and Corrective Actions to ensure milestone commitments and required substantiation artifacts are defined, understood, and resourced up front, and are monitored for timely and thorough completion throughout the lifecycle of issue remediation
  • Ensuring sustainability and substantiation of readiness to close Regulatory Program Issues and Corrective Actions prior to validation by Wholesale Control, Audit and Regulators
  • Ensuring Wholesale Regulatory Control alignment to Wholesale and Firm-Wide RCSA/BPRM frameworks and protocols
  • Conducting in-depth risk assessments and identifying gaps and improvement opportunities in procedures, processes, tools and technology, controls, monitoring/testing, results assessment, escalation and remediationTeam members 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.

    Required Qualifications
    • 6+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both

      Desired Qualifications
      • Advanced Microsoft Office skills
      • Excellent verbal, written, and interpersonal communication skills
      • Strong analytical skills with high attention to detail and accuracy
      • Ability to interact with all levels of an organization

        Other Desired Qualifications
        • Keen attention to detail and ability to work within highly complex regulatory frameworks
        • Experience in analyzing complex business problems, defining business and technical requirements with attention to details, user experience design, and system performance
        • Experience with process re-engineering and solution, and principles of Business Process Modeling
        • Identifying potential gaps in controls, KRIs, and KPIs and monitoring activities and prioritize proposed risk mitigation activities for addressing priority business process gaps; monitor resulting action plans
        • Knowledge of relevant financial regulations and an understanding of how they are implemented, managed and enforced in the Wholesale LoBs
        • Strong analytical ability used to identify risks and confidently raise issues, escalate early and engage in constructive credible challenge and will do so independently when necessary
        • Broad understanding of the Wholesale lines of businesses including, but not limited to: Commercial Lending, Commercial Capital, Commercial Real Estate, Financial Institutions Group and COO
        • Ability to work both independently with minimal supervision and collaboratively as part of a team within Wholesale Control, and collectively across Compliance, Audit and other key partnerships
        • Subject Matter Expert (SME) in the development, implementation, and support stages of projects, particularly organizational change management, process engineering, and infrastructure enablement
        • Understanding of technology platforms to enable compliance and regulatory needs
        • Strong grasp of risk control and assessment methodologies and practices including but not limited to RCSA
        • Knowledge across enterprise risk management framework, including: risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance
        • Understanding business operations, processes, products, and customer interactions and where they manifest risk
        • Strong interpersonal, influencing and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships within the business and enterprise Risk function
        • Understanding of risk framework, corporate/business policies, and programs to translate into plans for the business, function and/or risk type
        • Ability to proactively manage and resolve conflict and effectively defend decisions with objective rationale
        • Ability to design and implement control analytics and reporting to drive effective decision making and results
        • Demonstrated ability to solve problems and analyze issues when data is collected from multiple sources and know how to ask the right questions to obtain the information needed to properly assess potential risks
        • Ability to act as a liaison between stakeholder partners which includes the ability to consult on identified risk issues or gaps
        • Relationship building and relationship management skills to influence and direct strategy
        • Ethical integrity and demonstrated ability to assess and determine when to raise concerns and escalate
        • Demonstrated leadership ability that embodies the Wells Fargo Vision and Values and leadership competencies
        • 4 year BS/BA degree or equivalent experience
        • Microsoft Visio experience
        • Certified Regulatory Compliance Manager (CRCM), Certified Internal Auditor (CIA), Certification in Control Self-Assessment (CCSA), Six Sigma certification or other risk management discipline certification
        • MBA
        • Microsoft Excel proficiency
        • Project Management Professional certification
        • Business Banking experience
        • BLAST proficiency

          Job Expectations
          • Ability to travel up to 10% of the time


            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.

Keywords: Wells Fargo Bank, Aurora , Operational RIsk Consultant 4 - Wholesale Chief Operating Office - Regulatory Control, Other , Aurora, Colorado

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Other Other Jobs

CDL A Truck Driver - Solo Positions
Description: You Choose Your Lane Dedicated: customer relationships, regular routes, and great pay Regional: balanced home and road life, regular routes,
Company: C.R. England
Location: Broomfield
Posted on: 12/11/2019

Platinum Insurance - Get Lucrative Income
Description: Make a great living in a career with purpose and potential.Platinum markets supplemental
Company: Platinum Supplemental Insurance
Location: Broomfield
Posted on: 12/11/2019

Class A CDL Tanker Truck Driver
Description: Class A CDL Tanker Truck DriverNow Hiring in the Kimball Area How will your W-2 look this year Company Drivers can earn between 68K- 85K in addition to fantastic benefits and incentives Call
Company: Action Resources
Location: Broomfield
Posted on: 12/11/2019

Registered Nurse
Description: BrightStar Care is seeking a Part-time or PRN applicants to join our dynamic healthcare team We are dedicated to providing the highest quality of care and service for our clients and are looking for Compassionate, (more...)
Company: BrightStar Care - Boulder, CO
Location: Broomfield
Posted on: 12/11/2019

CDL-A Truck Driving Job - No Experience
Description: You Choose Your Lane Dedicated: customer relationships, regular routes, and great pay Regional: balanced home and road life, regular routes,
Company: C.R. England
Location: Broomfield
Posted on: 12/11/2019

Massage Therapist
Description: Overview:Sign-On Bonus up to 1,000 Do you work for a massage clinic Give us a call and find out how we can BEAT YOUR PAY Competitive pay plans - Flexible schedules - Bonuses - Commissions - 100 (more...)
Company: Massage Envy
Location: Broomfield
Posted on: 12/11/2019

Wireless Sales Expert (FT) - Inside Costco
Description: US-CO-Broomfield WIRELESS SALES EXPERT WSE Headquartered in Seattle, Washington, Wireless Advocates is a third-party provider of wireless products and services both online and in approximately 600 (more...)
Company: Wireless Advocates
Location: Broomfield
Posted on: 12/11/2019

Project Controls Specialist
Description: Job Description - Ball Corporation Job Title: Project Controls Specialist Job ID: Location: CO - Broomfield Full/Part Time: Full-Time Regular/Temporary: Regular Return to Previous Page (more...)
Company: Ball Aerospace
Location: Broomfield
Posted on: 12/11/2019

Registered Nurse (RN)
Description: Job Description:Now Offering Paid Time Off PTO Benefits Aveanna Healthcare, the largest pediatric home health care company in the U.S., is hiring compassionate Registered Nurses RN to provide skilled (more...)
Company: Aveanna Healthcare
Location: Broomfield
Posted on: 12/11/2019

Drive with Lyft - Choose to drive part time or full time, you're in control.
Description: What is Lyft br Lyft matches drivers with passengers who request rides through the Lyft smartphone app. Signing up to br be a Lyft driver is the perfect opportunity for you to set your own schedule (more...)
Company: Lyft
Location: Broomfield
Posted on: 12/11/2019

Log In or Create An Account

Get the latest Colorado jobs by following @recnetCO on Twitter!

Aurora RSS job feeds