About Wells Fargo : Wells Fargo & Company (NYSE : WFC) is a diversified, community-based financial services company with $2.
0 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.
com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy.
With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No.
25 on Fortune’s 2017 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially.
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Acting as an in-region Operational Risk officer to provide operational risk advisory to the Line of Business and Shares Services teams on Governance, Policy and Reporting matters.
Providing coverage for APAC Operational Risk Management on establish and maintain oversight of Risk Governance Routines and Reporting, Issue Management and Escalation
Assisting the business in the implementation of Corporate Issue Management Programs which lay out Wells Fargo’s approach in issue management and expectations for how Wells Fargo business manages issues throughout the issue lifecycle, from issue identification to closure.
Contributing to the production of region-specific operational risk reports for regional and international governance and management forums.
Role will work closely with the APAC Operational Risk Management team as well as external stakeholders from the Lines of Business and Corporate Support Groups and provide assistance where needed, including tracking and coordination of Operational Risk related issues and incidents.
Ensuring Wells Fargo in Asia Pacific meets all local operational risk-related legal and regulatory requirements as well as Wells Fargo enterprise and business line standards and requirements
Coordinating and completing operational risk-related regulatory self-assessments and providing support to regulatory examinations of the Asia Entities
Participating in / leading globally-driven operational risk-related projects and initiatives
Providing training on operational risk-related topics when necessary
Interacting closely with global, regional and local key stakeholders (business and support function management, internal and external audit, risks) to ensure a consistent and comprehensive risk based management approach
Supporting the APAC Operational Risk team in the development, implementation and monitoring of a risk-based program for Wells Fargo in Asia Pacific to identify, assess and mitigate operational risk while maintaining a balance between risk mitigation and operational efficiency;
this will require working with and influencing enterprise and business line management and operational risk subject matter experts to identify, formulate and implement operational risk policies, procedures and controls for the respective Wells Fargo businesses and / or support functional areas in Asia Pacific
Minimum Requirements :
Minimum of 6 - 8 years’ experience in operational risk and / or operational risk management related processes with at least half of that time having been spent in international financial institution
Qualities of character to build and maintain strong relationships with key stakeholder groups including line of business management, other senior management, compliance and operational risk team members, internal auditors and regulators / examiners
Demonstrated written and verbal skills providing effective updates to various levels of management, including experience in articulation of risks both verbally and in writing to various levels of staff, management, Internal Audit, and external regulators
Ability to demonstrate strong organizational skills, attention to detail, and adherence to strict deadlines in a fast paced environment
Ability to adapt to changing and competing priorities
Ability to effectively multi-task and successfully work on several unrelated projects at the same time
Good understanding of the general operation of international financial markets, international trade, and the conduct of business on a cross-border basis
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.