About this role:
Wells Fargo is seeking a Lead Operational Risk Officer. At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
This Finance and Financial Risk Lead Oversight Officer role is responsible for independent oversight of the Finance organization's operational risk management effectiveness. This role is expected to engage with the Controllership to influence and challenge business activities and decisions. Operational risk results from inadequate or failed internal controls and processes, people, systems, or external events. Operational risk is inherent in all Wells Fargo products and services as it often arises in the presence of other risk @types.
This role will lead aspects of operational risk coverage and oversight. The role reviews and challenges front line program execution, including, but not limited to, financial reporting risk, data risk, technology risk, business continuity, payments, information risk management, safety and physical security, third-party risk management, and more. The risk professional in this role will be accountable for understanding Finance functions, products, services, key risks, controls and relevant industry issues.
In this role, you will:
Help oversee and challenge the controllers function using the operational risk management life cycle (plan, identify and assess, control, monitor and report, test and validate)
Use subject matter expertise and industry knowledge to provide independent oversight and credible challenge to finance's operational risk management activities
Engage with control representatives, business management and independent risk teams to promote best practices and a strong operational risk culture
Actively engage in key finance risk governance routines including risk identification and assessment, issue management, governance committees, and business reviews
Identify and escalate potential and unmitigated risks to business plans
Engage with independent risk teams supporting various risk @types to ensure appropriate alignment and prioritization
Develop and deliver oversight content summarizing the results of risk assessment activities
Required Qualifications:
5+ years of Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
2+ years of US (domestic) regulatory accounting/reporting experience or engagement (FRB, FDIC, FHLB, Broker Dealer)
Desired Qualifications:
Big 4 public accounting experience and/or Banking experience is preferred
Aptitude to interact with integrity and a high level of professionalism with all levels of the organization
Proven experience interacting and communicating effectively, in both written and verbal forms, with all levels of the organization
Robust understanding of regulatory reporting requirements and overlap
Ability to think strategically and articulate complex concepts in a clear manner
Excellent work ethic and a desire to learn and grow
Meaningful knowledge of risk management frameworks (risk identification/appetite/strategy, processes and controls, risk analytics and governance)
Proven leadership skills to influence change and drive alignment to develop and deliver repeatable risk management solutions
Strong understanding of finance functions, business operations, processes, and products where operational risk manifests
Excellent interpersonal and influential leadership and communications skills
Robust Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
Exceptional data and analytical skills with high attention to detail and accuracy
Ability to rationalize operations to drive efficiency
Strong project management experience
Finance, accounting, banking, economics, or information systems degree
Solid professional background and interest in banking, finance, and accounting
Job Expectations:
In office 3 days/week in Minneapolis, Charlotte, or Dallas.
Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process
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.
$111,100.00 - $197,500.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement
Posting End Date:
29 Jun 2025
*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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-468504
