Dec 07, 2019
Job Description Important Note : During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume prior to 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 your application. 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 our 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. Join the Corporate Risk Model and EUCT Governance (CRMEG) team as a thought leader, reporting to the Corporate Risk "Non-Credit" Model Governance team. This role will serve as an individual contributor within the group model governance team, managing an inventory of models, and acting as an advisor to the group model governance leader as well as the Model Risk Officer. This position will play a key role in the execution of controls to ensure compliance with the WF Model Risk Management policy and supporting standards. The Team The Corporate Risk Model and EUCT Governance team is responsible for driving Model Risk and EUCT policy adoption, maintaining an accurate and complete model and EUCT inventory, and executing key governance controls. The team monitors and reports on aggregate model risk across several key lines of business, including, but not limited to Credit Risk, Operational Risk, Market Risk, Counterparty Risk, Fair Lending, Compliance, Conduct Risk, and Financial Crimes. The Corporate Risk "Non Credit" Model Governance team focuses on the oversight and governance of the Corporate Risk (non-credit) model inventory in support of the Corporate Risk Model Risk Officer. Specific responsibilities include Develop strong understanding of the WF Model Risk Management policy, supporting standards, and related policies and standards. Enforce adherence to WF Model Risk Management Policy, supporting standards, and related policies and standards as appropriate. Identify opportunities to engage with COE leaders, Corporate Functional Model Oversight, and Corporate Model Risk teams to drive compliance with policy, improve efficiency of governance processes, and to partner across key initiatives and efforts to support model risk governance across the firm. Develop, maintain and execute key controls for the Model governance program; document the framework of controls and requirements; perform compliance assessments as needed; create, maintain and update procedures. Lead interactions with WFAS that impact the portfolio, and lead the interactions with the Enterprise Testing team during recurring governance review. Provide key input into development and delivery of the CRMEG Model Risk Council meeting and other executive-level meetings. Support the Model Risk Officer and the Model Owners to ensure compliance with key Model risk policies and standards. Develop and present materials for key meetings including monthly touch base meetings with Model Owners, Model Developers, CFMOs and other key model stakeholders including WFAS and CMoR. Propose updates to Corporate Risk Procedures, and participate in gap analysis work when new enterprise Policies and Procedures require changes to our own procedures. Partner with internal and external reporting analysts to develop and deliver key reporting and metrics for the Quarterly Model Risk Council and for use in recurring reporting. Collaborate with peers across WF to help implement best practices and drive efficiency. Serve as a role model demonstrating commitment to diversity and inclusion and Wells Fargo's culture and core values. *****This role will consider other Wells Fargo footprint locations for Corporate Risk and will not be a telecommute position***** Required Qualifications 10+ 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 10+ years of IT systems security, business process management or financial services industry experience, of which 5+ years must include direct experience in compliance, operational risk management, or a combination of both Desired Qualifications 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 Other Desired Qualifications Strong analytical, organizational governance, oral and written communication skills with the demonstrated ability to partner with the senior leaders and work in a matrixed organization. Furthermore, our ideal candidate will clearly demonstrate the following experience, knowledge and/or abilities: Operational risk management experience Experience with Market Risk and Counterparty governance and control Experience with Stress Testing processes and governance Experience with Model Risk Governance or related model risk experience Experience communicating with regulators, auditors and other oversight bodies Exceptional reporting, presentation, and project management skills Business savvy to navigate a complex, highly-matrixed organization Experience with the Model Risk Inventory, MoRS Ability to translate ambiguous ideas/issues into well-defined plans/solutions Ability to set appropriate deliverable time-lines and follow-through Ability to analyze broad and deep business operations, as well as, ability to present complex concepts in a clear manner and in the right voice for the intended audience Ability to lead through adversity and adjust to changing priorities Ability to anticipate and ask the right questions to assess all facets of an effort Highly organized and proactive; should be able to manage multiple tasks in a dynamic environment, adhering to strict time-lines Ability to partner with all organizational levels of the Organization Street Address IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA NC-Charlotte: 401 S Tryon St - Charlotte, NC MN-Minneapolis: 2701 Wells Fargo Way - Minneapolis, MN Disclaimer 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.
Minneapolis, MN, USA