Wells Fargo Bank

Operational Risk Consultant – Risk Specialist

Wells Fargo Bank
Full Time
Senior (6-10 years)
Non-specified
English, Cantonese

Job Description

Operational Risk Consultant – Risk Specialist

Responsibilities:
 
  • Acting as an in-region Corporate Risk Management Programs (CRMP) subject matter expert for specific operational risk areas (for example, Business Continuity Management, Information Security, Technology, Third Party Risk Management, Data Privacy, Records Management, Payments), ensuring related corporate policies are implemented effectively, and establishing appropriate mechanisms to provide oversight, governance and credible challenge. Among others, working closely with enterprise and business line CRMP subject matter experts to translate global CRMP standards into local requirements
  • 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
  • Working with the enterprise operational risk management tools to ensure an accurate representation of the risk profile of the Asia Pacific region (e.g. Risk and Control Self-Assessment, Loss Data Collection, Corrective Action Monitoring, Control Monitoring Review, Key Risk Indicators, New and modified products and initiatives, etc.)
  • Providing support and credible challenge to the business lines and support functions as necessary for the completion of Risk and Control Self Assessments (RCSA)
  • Contributing to the production of region-specific operational risk reports for regional and international governance and management forums
  • 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 (Compliance and Operational Risk, Chief Risk Officer, senior business and support function management, internal and external audit) to ensure a consistent and comprehensive risk based management approach

Requirements

Minimum Requirements:
 
  • Minimum of 8 - 10 years’ experience in specific operational risk areas (Business Continuity Management, Information Security, Technology, Third Party Risk Management, Data Privacy, Records Management, Payments) and/or operational risk management processes with at least half of that time having been spent in international financial center
  • 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
  • Knowledge and a broad background in evaluating, measuring and managing financial and reputation risk arising from securities transactions, brokerage, fiduciary businesses and related operations
  • Good understanding of the general operation of international financial markets, international trade, and the conduct of business on a cross-border basis

Technical Skills

  • Compliance
  • Information Security
  • Operational Risk
  • Project Management
  • Relationship Management
  • Risk Management