About this role:

Wells Fargo is seeking an Operational Risk Business Officer (ORBO) to lead a team of operational risk professionals covering the Chief Operating Office, including coverage of the Supply Chain Management and Enterprise Change Management organizations. The leader will also work across the COO Risk Oversight team and with Risk partners outside of ORM who cover COO to provide horizontal COO IRM deal team coverage and coordination, including in the review, development and implementation of COO horizontal analysis, operational risk reviews, monitoring, and governance and committee objectives.

In this role, you will:

• Provide vision and set direction for Operational Risk teams to achieve long-term strategic objectives that impact organization and management across functions

• 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

• Direct execution of major operational risk programs companywide or lines of businesses with significant risk and multiple, complex regulatory environments

• Provide subject matter expertise across lines of business or directly manage enterprise controls for specific functional areas

• Influence and provide input on policy, framework, and program development for related lines of business or companywide strategy

• Ensure reporting, escalation, and remediation of issues, deficiencies or regulatory matters regarding operational risk to leaders, committees, and appropriate executive management

• Identify programs or initiatives related to line of business and enterprise strategy with considerable impact companywide and externally

• Collaborate and influence all levels of professionals including more experienced leaders

• Lead team to achieve objectives

• Manage communication and collaboration with business heads, Legal, Audit, and regulators on risk related topics

• Manage allocation of people and financial resources for Operational Risk

• Develop and guide a culture of talent development to meet business objectives and strategy

Required Qualifications

• 8+ years of Operational Risk experience or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education

• 4+ years of management or leadership experience

Desired Qualifications:

• Prior Chief Operating Officer experience including Supply Chain Management and Enterprise Change Management

• Experience in building and managing teams, including developing and mentoring managers and providing strong, proactive leadership.

• A thought leader with a demonstrated ability to maintain a balance between risk mitigation and operational efficiency

• Expert understanding of enterprise risk management framework including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance.

• Ability to create solutions in a dynamic environment with complex risk and control related environment and articulate sound proposals to key stakeholders to influence and drive timely decision making.

• Demonstrated negotiation skills, especially when partnering with senior management, including the willingness to question decisions and escalate issues, where necessary

• Ability to analyze complex risk data and scenarios, with an the ability to combine and apply knowledge of the business with risk management expertise to appropriately identify, manage, and monitor risk

• Ability to problem solve with demonstrated excellence at identifying stakeholders, understanding needs, and driving decision-making/resolution through a consensus building approach.

• Exceptional communication skills, both oral and written, with the ability to ask well-crafted questions and present ideas in a clear and compelling manner.

• Ability to translate complex information into a simple, executive-ready story board and message on paper.

• Strong analytical, critical thinking and problem-solving skills, coupled with an ability to synthesize data from a variety of sources and deliver results quickly.

Job Expectations:

• This position offers a hybrid work schedule.

• May travel occasionally

Locations:

• 401 S Tryon St – Charlotte, NC

• 600 S 4th St – Minneapolis, MN

• 800 S Jordan Creek Pkwy – West Des Moines, IA

• 1150 W Washington St – Tempe, AZ

• 250 E John Carpenter Frwy – Irving, TX

• 114 N Beaumont St – St. Louis, MO

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Posting End Date:

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.