Job
Description
In this role, you will: Participate in a variety of assigned and ongoing business operations to ensure success in meeting business goals and objectives Identify opportunities for process improvement by conducting root cause testing of all compliance and business metrics Determine areas of strength or Business Execution opportunity within defined scope of work Review and research strategies and action plans to establish effective processes while meeting performance metrics and policy expectations Utilize independent judgment to guide moderate risk deliverables Present recommendations to develop, implement, and monitor strategic approaches, effectiveness of support function, and business performance improvement opportunities for managing risks of the business Exercise independent judgment and provide guidance in diverse support functions and operations for a single business group within a line of business Collaborate and consult with leaders and executive management Provide work direction to less experienced Strategy and Execution staff Required Qualifications: 2+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Experience in Business Execution, Implementation, or Strategic Planning, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: Operational Risk domain experience. Root Cause Analysis. Key Risk Indicators (KRI) administration, reporting and analysis Quality assurance design and execution across all programs Operational loss analysis and reporting Enhance and maintain desktop procedures Trade life cycle( account reconciliations) will be preferred Experience in process review activity (QA/control testing or audit) will be preferred. The Primary Responsibilities would be to assess, measure, monitor, control and report Operational Risk Events and evaluate whether the Risk Management Practices and its documentation are in-line with ORE Policy and FRB/OCC regulatory requirements Monitor and report Key Risk indicator for the business units Reviewing, enriching and reporting the newly created Operational Losses/Near Misses events, Quality Assurance Report. Proactively identify, communicate, mitigate and escalate risk originating from non-compliance of processes, operational errors, and data integrity issues in all applicable processes Meet FRB/OCC regulatory requirements by providing a comprehensive view of operational losses and also provides a Business summary review to Risk Leadership team facilitating discussion on the operational losses, root causes, emerging trends and remediation efforts Build 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 Continuous interactions with central functions and Sub-Lobs to reinforce the objectives of Operational Risk in strengthening of the process and avoiding operational Risk events for the company Accountable for execution of Operational Risk programs which includes effectively following, and adhering to and if 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 Participate in a variety of assigned and ongoing business operations to ensure success in meeting business goals and objectives.
