Operational Risk Manager

Job Description

About this role: Wells Fargo is seeking a Operational Risk Manager. In this role, you will: Manage and develop a team of individual contributors with low to moderate complexity and risk in Compensation functional area Engage stakeholders and internal partners associated with Compensation functional area Manage the development, implementation, and monitoring of a risk-based program for a business or large functional area with moderate to high risk to identify, assess, and mitigate operational risk that arises from inadequate or failed internal processes, people, systems, or external events Maintain a balance between risk mitigation and operational efficiency Influence operational risk and business management to identify, formulate, and implement operational risk policies, procedures, and controls for the respective business or functional area to mitigate risk Provide operational risk expertise to business projects and initiatives and participates in the development of risk rating systems Consult with and influence operational risk and business management to identify, formulate, and implement operational risk policies, procedures, and controls for the respective business or functional area to mitigate risk Manage reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding operational risk to management Lead implementation of complex and strategic initiatives with moderate risk and complexity Collaborate and influence all levels of professionals including more experienced managers Lead team to achieve objectives Manage communication and collaboration with business heads, Legal, Audit, and regulators on risk related topics Manage allocation of people and financial resources for Operational Risk Mentor and guide talent development of direct reports and assist in hiring talent Required Qualifications: 4+ years of Operational Risk experience or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education 2+ years of Leadership experience Desired Qualifications: Knowledge and understanding of continuous monitoring tools/detection tools/controls/processes including technology processes, and ability to identify emerging risks and offer mitigations recommendations Business domain knowledge on Banking business functions processes Experience with Risk Appetite Metric and Key Indicator programs Experience with Risk Control Self-Assessment (RCSA) process Experience with Operational Risk Event (ORE) assessment process Experience with Enterprise Risk Identification (ERID) assessment process Experience with Tableau and other visualization tools, with the ability to incorporate a visual data story into an actionable narrative for executive audience Knowledge of SHRP and other risk systems Experience in establishing and managing training programs Ability to review and develop work plans and effectively summarize results Job Expectations: Work Location: HYD, BLR Shift Timings: 1:30 PM to 10:30 PM IST