Job
Description
About this role: Wells Fargo is seeking a Senior Operational Risk Specialist In this role, you will: 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 Evaluate the adequacy and effectiveness of policies, procedures, processes, systems, and internal controls Analyze business and system changes to determine impact, assess operational risk issues, and assign risk ratings consistent with established policy standards Provide operational risk expertise and consulting to complex business units for initiatives with high risk Design and develop testing strategies, methodologies and analyses Consult with the business to develop corrective action plans and effectively manage change Identify training opportunities Design and coordinate the development of training materials and coordinate or deliver training Report findings and develop business cases to influence management on the need for controls to mitigate risk Manage and coordinate production of periodic operational risk performance reports for management, including trend research and recommended strategies Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals 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 Desired Qualifications: 4+ years in similar analytics roles Masters in applied mathematics, statistics, accounting, finance, computer sciences, or business/social and behavioral sciences with a quantitative emphasis. ~2 year programming in SAS or SQL. Knowledge about Consumer Lending is plus Extensive knowledge and understanding of research and analysis. Strong analytical skills with high attention to detail and accuracy Ability to grasp complex business issues quickly, recommend solutions, and drive for resolutions. Ability to form a story through data analysis. Ability to effectively assess stakeholder, partner, or client needs while consulting, building solutions, and developing processes. Experience coordinating multiple tasks within aggressive time frames. Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment. Ability to take initiative, identify opportunities and implement change. Ability to interact with integrity and a high level of professionalism with all levels of team members and management. Ability to lead during times of ambiguity and change. Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important. Job Expectations: Perform highly complex analytics leveraging data across areas such as Risk & Control, Operational Risk Events/Losses, Issue Management etc. and other business specific data to understand pockets of high concentration of operational risk for ORBOs team. Build routines to proactively track and analyze key metrics and bring forward actionable insights in a timely manner. Utilize advanced analytical techniques/decision sciences to answer complex questions by leveraging a wide array of risk and business data. Translate highly complex analysis into simple/actionable insights and create compelling stories in power point for effective decision making. Leverage technology tools to automate repeatable tasks to drive efficiencies/strengthen controls. Own analytical process supporting operational risk team and ensure good documentation exists across core processes. Build connections with the data and reporting teams across the enterprise, keep up with the data knowledge and influence data/reporting needs.
