Sorry! This job has expired and is no longer available on Recruit.net

View related jobs: Operational Risk Manager 1 jobs | Wells Fargo jobs | Winston-Salem, NC jobs

Operational Risk Manager 1

Wells Fargo
Winston-Salem, NC
14 days ago: Wells Fargo

Job Description

Job Description

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.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. We focus on three key risk areas: credit risk, operational risk and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take appropriate action when business activities exceed the risk tolerance of the company.

Risk management at Wells Fargo is organized with clearly defined lines of defense to provide effective risk oversight and decision-making across the organization. Each line of defense is assigned specific responsibilities and understands the associated activities it is expected to perform.

Corporate Risk strives to ensure that all Wells Fargo corporate functions and lines of business soundly manage risk, comply with applicable laws and regulations, and offer products and services that meet the needs of our customers.

The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.

This group reviews, verifies and/or identifies customer transactions to detect/prevent financial crimes activities, policy violations and/or suspicious situations in order to mitigate and/or recover losses. Monitors and reviews more complex account activity and claims requiring research that may involve multiple transaction channels and products. Uses a variety of sources for information, including multiple online systems and more complex tools/models. Document research findings and actions on cases for possible referrals for Suspicious Activity, Identity Theft Operations (ITO) and Suspected Financial Abuse. May contact a variety of sources to gather information; may contact customers and/or vendors to verify transactions; may analyze account information for close account determination. May identify control failures in bank processes, procedures, customer or team member decisions and then categorize losses and assign loss accountability. Reviews more complex/unique situations with senior department staff. May participate in projects. This role will manage a group of team members who are address these reviews daily.

The Operational Risk Manager 1 responsibilities may include;

  • Managing members of a production oriented team
  • Training and coaching staff
  • Writing and conducting performance reviews
  • Interviewing candidates and making hiring decisions
  • Participation in the development and implementation of performance standards
  • Interacting with customers and/or bankers
  • Overseeing preparation or preparation of responses to customer/banker inquiries/complaints
  • Participating in the development of new processes
  • Working with business partners on projects or escalated issues
  • Communication that requires well developed written and verbal communication skills
  • Strong management, team building, and team member development skills
  • Development and implementation of new processes and process improvements
  • Adjusting to multiple demands, shifting priorities, ambiguity, and rapid change
  • Designing/coordinating the development of training materials
  • May deliver or oversee the delivery of training
  • Providing operational risk expertise and consulting for projects
  • Evaluating the adequacy and effectiveness of policies, procedures, processes, systems, and internal controls
  • Analyzing business and/or systems changes to determine impact
  • Domestic and International Travel is possible.

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
  • 1+ year of leadership or management experience


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 articulate complex concepts in a clear manner


Other Desired Qualifications

Our ideal candidate will represent the following skills and experience:

  • Leadership skills, including coaching, training, and mentoring
  • Strong organizational, multi- tasking, and prioritizing skills
  • Ability to work effectively in a team environment and across all organizational levels
  • Strong collaboration and partnering skills
  • Outstanding problem solving skills
  • Experience managing in a fast paced production environment to meet deadlines
     

Job Expectations

  • Ability to travel up to 5% of the time


Street Address

NC-Winston Salem: 401 N Research Parkway - Winston Salem, NC


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.

CORPORATE FINANCE

Job Description 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. Corporate Risk helps all Wells Fargo businesses identify and manage risk. We focus on three key risk areas: credit risk, operational risk and market risk. We help our management...