Provide support to the Chief Risk Officer (APAC) and the groups under the APAC Regional Risk framework, including : Compliance, Financial Crime, Credit, Market, Liquidity and Operational Risk.
Focus on Risk Oversight, Governance and Global and Regional Risk Projects and Initiatives across more than a dozen markets in APAC, working with US based and Regional Risk and Business leaders, and ensuring consistency in approach with the other regions (EMEA / Canada & LATAM)
Act as trusted advisor to Chief Risk Officer (APAC) and the rest of the Regional Risk team
Coordinate activities across all Risk types, all Lines of Business and Markets across the region
Support broader Risk Governance and credible challenge across regional committees and other forums, focusing on Operational Risk, Compliance, Financial Crime Risk, Rep Office Governance forums
Providing a holistic perspective, technical oversight and support across second line Risk areas, such as Disaster Recovery and BCP, 3rd Party Risk, Technology Risk, Information Security Risk, External and Internal Fraud Risk, Data management risk, Transaction, Processing, and Execution (TPE) Risk, Payments Risk, Implementation Risk, in addition to first line Risk areas listed above
Assist with managing Risk Stripes including Model Risk, Strategic Risk Reputational Risk and Emerging Risk
Support a holistic review of all risk and regulatory reporting for use by internal and external stakeholders
Conduct an ongoing operational review of the risk policies and practices, including the continuous identification and implementation of process and system improvements.
Conduct deep dives into specific areas of focus based on Risk and Regulatory priorities
Assist with the built out of the Risk team and imbedding and execution of the dual accountability model for Independent Risk in APAC
Manage new initiatives, project and product based risk assessments for the Risk group
Find process and resource efficiencies across the entire APAC Independent Risk Management structure by understanding the needs of the constituent risk groups and the needs of the business (as they pertain to the risk functions) and creating appropriate strategic solutions, including utilizing Enterprise centers of excellence
Drive infrastructure strategy on behalf of the Risk Groups
Plan for and evaluate impact to the APAC risk groups of regulatory developments and industry mandates, then design & implement solutions to meet requirements
Market Skills and Certifications
Degree in an Analytical discipline would be highly regarded together with post graduate Risk qualifications
Experience of more than 12 years in Risk and or Compliance from a similar role
Holistic Risk Management experience across multiple Risk Types (specifically in Compliance, Financial Crime Risk and Operational Risk) across multiple areas within Wholesale Banking
Deep expertise across many of the second line Risk areas (Operational Risk) listed above
Experience in Operational Risk and Financial Crime Risk Analytics would be distinct advantage
Experience in capital markets, asset management and / or lending businesses
Strong influencing skills in a matrix reporting environment, with a proven ability to effectively and professionally interact at a high level with senior management.
Must be able to work independently (without direct reports) while providing leadership and positive collaboration within a fast paced, team environment.
Creative and strategic thinking skills, including the ability to analyze business issues and identify key risks / mitigating controls, combined with a pragmatic approach to problem solving.
Working knowledge of the US and APAC / International wholesale banking regulatory environment a distinct advantage
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law.
We comply with all applicable laws in every jurisdiction in which we operate.
Team 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.