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Operational Risk Officer - Hyderabad @ Wells Fargo

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 Operational Risk Officer - Hyderabad

Job Description

About the Role: Operational Risk Senior Officer is responsible for enterprisewide oversight and governance of complex business group or manages integrated enterprise wide operational risk program(s) / initiative(s). Proactively identifies potential business operational risks. Develops and drives innovative operational risk approaches and solutions across the enterprise through an influence model. Key Responsibilities:

  • Use subject matter expertise and business domain knowledge to provide independent oversight and credible challenge to front line operational risk management activities

  • Routine engagement with the Control Executive teams, Function Heads and Independent Risk leaders to promote a strong operational risk culture

  • Active engagement in key front line governance routines inclusive of Risk Control committees and business reviews

  • Oversee and challenge the front line across all operational risk routines including plan, identify and assess, control and mitigate, test and validate, monitor and report

  • Perform independent risk assessment of the front line, inclusive of emerging risks

  • Review and challenge of front line risk acceptances and new business initiatives

  • Identify and escalate to senior leadership conflicts with risk management results and expected business outcomes

  • Evaluate crossprogram and cross-group analytics to identify opportunities and best practices to influence stronger risk management practices by the business

  • Provides consulting to business on corrective action plans and effectively managing change

  • Develop and deliver content to senior business, Independent Risk, Audit and Regulatory leaders summarizing the results of the independent risk assessment activities

  • Manage relationships with Business Head, Independent Risk Management, Group Control Executives, Legal, Audit and multiple Regulators

  • Leads project/ virtual teams and mentors but does not manage other team members.

  • Engage with other region and US-based Operational Risk Business Oversight (ORBO) teams to ensure holistic oversight of the end to end business is achieved.


Job Classification

Industry: Banking, Financial Services, Broking
Functional Area: Financial Services, Banking, Investments, Insurance,
Role Category: Senior Management
Role: Senior Management
Employement Type: Full time

Education

Under Graduation: Any Graduate in Any Specialization
Post Graduation: Post Graduation Not Required
Doctorate: Doctorate Not Required, Any Doctorate in Any Specialization

Contact Details:

Company: Wells Fargo
Location(s): Hyderabad

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Keyskills:   Automation Financial reporting Data management Risk assessment Information security Consulting operational risk management Analytics Monitoring Auditing

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Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community- based financial services company with $1. 9 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more ...