Work in Iowa STEM Jobs

Job Information

Wells Fargo Operational Risk Assurance Officer in West Des Moines, Iowa

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 (https://portal.teamworks.wellsfargo.net/rc/CorporateRisk/Pages/riskmgmtfrmwk.aspx) and ensure all employees understand their individual accountability for managing risk.

Operational Risk Assurance (ORA) independently tests that the Wells Fargo Operational Risk Program is conceptually sound and is designed consistent with management's strategy, regulatory expectations and industry best practices, and that the program has been fully implemented and continues to operate as intended.

The Operational Risk Assurance (ORA) Officer will execute assurance activities in accordance with the ORA annual plan and ORA policies and procedures. For each ORA review, these activities will include conducting walk-throughs, execute testing against review objectives and identifying potential findings. The ORA Officer will be expected to have a strong understanding of the components within the Operational Risk Program in order to apply his/her expertise to the assurance activities.

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

  • Process design or improvement experience

  • Ability to work in a fast paced deadline driven environment

  • Strong organizational, multi-tasking, and prioritizing skills

  • Experience with governance and oversight requirements for regulatory and risk reporting

  • Knowledge and understanding of ever-evolving regulatory environments and governance processes

  • Excellent verbal, written, and interpersonal communication skills

  • Ability to meet stringent deadlines

Other Desired Qualifications

  • A strong track record and business knowledge in financial services, preferably in direct operational risk management or internal audit roles.

  • Experience in: 1) executing complex testing strategies 2) evaluating the adequacy and effectiveness of policies, procedures, processes, systems and internal controls and/or 3) analyzing complex business and/or system changes to determine impact to the operational risk profile.

  • Expertise in one or more of the components of the Operational Risk Program (e.g. RCSA, Operational Risk Events, Scenario Analysis, Risk Appetite and Key Risk Indicators)

  • Strong analytical skills with high attention to detail and accuracy

  • Ability to articulate complex concepts in a clear manner

  • Excellent judgment and decision-making.

  • Execution oriented, professional demeanor, self-starter behavior

  • An impeccable reputation for integrity, accuracy, consistency, big picture orientation and business acumen.

Job Expectations

  • Ability to travel up to 5% of the time

Disclaimer

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

Benefits

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.

Company: Wells Fargo

Req Number: 5571854-1

Updated: 2021-04-11 00:53:48.810 UTC

Location: West Des Moines,IA

DirectEmployers