Transaction Processing Execution Risk Consultant


: $148,333.33 - $148,333.33 /year *

Employment Type

: Full-Time


: Financial Services - Banking/Investment/Finance

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Important Note During the application process, ensure your contact information
(email and phone number) is up to date and upload your current resume when
submitting your application for consideration. To participate in some selection
activities you will need to respond to an invitation. The invitation can be
sent by both email and text message. In order to receive text message
invitations, your profile must include a mobile phone number designated as
Personal Cell or Cellular in the contact information of

At Wells Fargo, we want to satisfy our customers financial needs and help
them succeed financially. We re looking for talented people who will put ou
customers at the center of everything we do. Join our diverse and inclusive
team where you ll feel valued and inspired to contribute your unique skills
and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It
all begins with you.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. The
team focuses on several key risk types, including conduct, credit, financial
crimes, information security, interest rate, liquidity, market, model,
operational, regulatory compliance, reputation, strategic, and technology risk.
The group provides leadership, enhances communications, assists with problem
identification and solutions, and shares best practices. In addition, the group
provides an enterprise-wide view of risk, assists management and our Board of
Directors in identifying and monitoring risks that may affect multiple lines of
business, and takes appropriate action when business activities exceed the risk
tolerance of the company.

As a member of our Operational Risk Management and Analysis (ORMA) Team, these
newly created Operational Risk Consultant 4s (ORC4s) will be part of the
Independent Risk Management (IRM) aligned to Transaction Processing and
Execution (TPE) and Safety and Physical Security (SPS) Risk at the firm,
including regular reporting to risk management committees, and quarterly
reporting to the Risk Committee of the Board.

The ORMA Team is responsible for
* Providing an aggregate independent enterprise-wide view of TPE-related
risk management (execution, delivery, and process management) and SPS-
related risk management within the company
* Providing oversight of the related control environments
* Providing a holistic perspective of the residual risk impact to the
* Monitoring (including metrics) and reporting on risks associated with the
risk type
* Promoting awareness of appropriate risk management in the related areas
and processes generating the risk
ORC4 Responsibilities include, but are not limited to
* Providing risk title oversight across a sub set of either TPE or SPS risk
* Monitoring reporting flows and confirming accuracy of metric data that
will help inform the risk profile of each risk program
* Executing the identification, monitoring and measurement of a subset risk
titles under both TPE & Safety SPS risk types
* Performing risk management efforts with other second line of defense
programs in the firm, including but not limited to
* Owning a few risk titles and reviewing appropriate source of information
pertaining to each
* Performing analysis post Identification of risk drivers, root causes and
potential control gaps
* Identifying, owning and maintaining of metrics, risk appetite, and key
risk indicators (KRIs)
* Performing back testing as needed to ensure boundaries and metrics are
* Executing related activities associated with each underlying risk title
including input into central tools
* Establishing key performance/KRIs for groups and overall risk family
* Responsibility for system-related inputs and properly capturing related
* Monitoring and reviewing internal and external loss risk events and near
misses to identify trends, control break downs and linkage to issues and
to help identify trends or emerging risks
* Monitoring reporting flows and confirm accuracy of metric data
* Performing quality assessment of related business environment and
internal control factors (BEICFs) used to support the overall risk
* Executing issues management and early engagement, perform issues trending
and monitoring including remediation
* Ensure that the appropriate risk titles are tagged to issues
* Collaborating with both governance & strategic cross functional teams as
well as TPE/ SPS leads
* Attending steering committees and work groups to ensure appropriate TPE
or SPS risk management coverage
* Reviewing front line mitigation/remediation plans for known control gaps
and providing advice on mitigation effectiveness and alternative
mitigation approaches

* 6+ years of experience in compliance, operational risk management
(includes audit, legal, credit risk, market risk, or the management of a
process or business with accountability for compliance or operational
risk), or a combination of both; or 6+ years of IT systems security,
business process management or financial services industry experience, of
which 3+ years must include direct experience in compliance, operational
risk management, or a combination of both

* Advanced Microsoft Office skills
* Excellent verbal, written, and interpersonal communication skills
* Strong analytical skills with high attention to detail and accuracy
* Ability to interact with all levels of an organization
* Ability to articulate complex concepts in a clear manner
* Exposure to Wells Fargo RCSA (Risk and Control Self Assessment) tool

* Proven progressively responsible career growth
* 7+ years of professional experience in Financial Services with SR 15-18
firms, with experience covering banking, insurance, investments,
mortgage, and consumer and commercial financial services
* Experience developing enterprise risk management governance / framework
* Experience with Key Risk Indicators (KRI), Key Performance Indicators
(KPI), and/or Risk Appetite
* Experience with risk management-related analysis, including thematic
* Experience with management-level governance committee and/or new
* Knowledge of Basel II event types, especially execution, delivery, and
process management

Job Expectations
* Ability to travel up to 5% of the time

Salary Information

The salary range displayed below is based on a Full-time 40 hour a week

NC-Charlotte Min $80,500 Mid $115,000
NY-New York Min $96,600 Mid $138,000

Street Address

NC-Charlotte301 S Tryon St - Charlotte, NC
NY-New York463 Broadway - New York, NY


All offers for employment with Wells Fargo are contingent upon the candidate
having successfully completed a criminal background check. Wells Fargo will
consider qualified candidates with criminal histories in a manner consistent
with the requirements of applicable local, state and Federal law, including
Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning
service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/
Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Reference Number
Associated topics: analyse, analysis, bi, business intelligence, financial analytic, financial reporting analyst, investment analytics, investment fund, law, refinement * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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