GoodyearRecruiter Since 2001
the smart solution for Goodyear jobs

Operational Risk Consultant 4 - Wholesale Control Model Risk Governance

Company: Wells Fargo Bank
Location: Goodyear
Posted on: November 24, 2019

Job Description:

Job Description
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.Wholesale Banking provides financial solutions to businesses across the United States and globally. - Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. - We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with$1.9 trillion in assets. Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,200 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune's 2017 rankings of America's largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.Wholesale BankingWholesale Banking, led by Perry Pelos, provides financial solutions to businesses across the United States and globally, with annual sales generally in excess of $5 million. It has nine major business lines, including: Business Banking, Middle Market Banking, Government and Institutional Banking, Corporate Banking, Commercial Real Estate, Financial Institutions Group, Wells Fargo Commercial Capital, Wells Fargo Securities, and Principal Investments. It also has groups in credit risk, operational risk and compliance, finance, marketing, human relations, and the Wholesale Chief Operating Office supporting its businesses.Wholesale Control (WC)The Wholesale Control (WC) organization serves as the front line risk management organization within the Wholesale Banking group of Wells Fargo supporting the Wholesale businesses with risk strategy, implementation, and execution. - The Wholesale Control team is accountable to assess and effectively manage risks across all risk types and Wholesale businesses delivering an integrated view of risks, producing a sustainable control environment, and instilling a culture of strong risk management. - The team is responsible to identify and assess risks, design and implement controls, and execute and monitor the controls to ensure they are working effectively to manage risk across Wholesale. - Wholesale Control interfaces with Independent Risk Management and Audit to drive comprehensive and consistent implementation of regulatory and corporate risk policies and programs across Wholesale. -The RoleWe have an exciting opportunity in Wholesale Model and End User Computing Tool (EUCT) Risk Management. - The Model and EUCT Risk team is responsible for working with key stakeholders to ensure compliance to all regulatory and internal model requirements. - This position will support the Model Policy Implementation and ongoing adherence in Wells Fargo Commercial Capital (WFCC) and have responsibility for working with the Wholesale Model Risk Program Manager in developing Wholesale's Model Risk Management program. - In addition, this person will support, in a back-up capacity, the End User Computing Tool (EUCT) Policy Implementation and ongoing adherence in Wells Fargo Commercial Capital.Individual Responsibilities:

  • Develop a strong understanding of Model Risk Management Policy, supporting Standards, and supervisory regulations (e.g. SR 11-7, SR15-18) in order to act as an advisor for the Wholesale business in model risk management
  • Acting as a 1st line of defense: Oversee execution of policy requirements for credit scoring or derivatives models for the Wholesale businesses
  • Develop procedures, training sessions, or other materials to ensure stakeholders follow consistent procedures and are informed of actively changing requirements
  • Engage with the model development teams, Corporate Model Risk's (CMoR) independent model validation, as well as the model users/owners to ensure timely issue resolution, escalation, and management of approvals
  • Maintaining information in the Model Risk System (MoRS)
  • Develop a strong understanding of the EUCT Policy, and supporting Standards/Procedures and monitor requirements for policy adherence
  • Engage with various stakeholders including EUCT owners, EUCT back-ups, Business Self Assurance Reviewers, EUCT Coordinators, as well as other stakeholders
  • Assist with projects and other ad-hoc initiativesTeam members 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.

    Required Qualifications
    • 6+ 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 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both

      Desired Qualifications
      • Ability to interact with all levels of an organization
      • Advanced Microsoft Office skills
      • Excellent verbal, written, and interpersonal communication skills
      • Strong analytical skills with high attention to detail and accuracy

        Other Desired Qualifications
        • Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members
        • Experience using business knowledge and critical thinking skills to deliver upstream and downstream project impacts
        • Ability to interact with all levels of an organization
        • Excellent verbal, written, and interpersonal communication skills
        • Intermediate Microsoft Office skills
        • Strong analytical skills with high attention to detail and accuracy
        • Prior experience in Model risk management
        • Strong conflict management and decision making skills
        • Possess skills necessary to learn and understand regulatory policies and be able to independently identify potential gaps in existing processes and/or reports
        • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
        • Experience in credit risk -

          Job Expectations
          • Ability to travel up to 10% of the time

            Street Address
            TX-Irving: 250 E John Carpenter Freeway - Irving, TX


            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.

Keywords: Wells Fargo Bank, Goodyear , Operational Risk Consultant 4 - Wholesale Control Model Risk Governance, Other , Goodyear, Arizona

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Other Jobs


Border Patrol Agent
Description: Find your calling. Protect your country. Apply now. Working for U.S. Customs and Border Protection CBP means keeping your country safe from dangerous people and materials attempting to
Company: U.S. Customs and Border Protection
Location: Prescott Valley
Posted on: 12/15/2019

Remote Inbound Sales - Work At Home
Description: Remote Inbound Sales Work at Home Leverage your sales skills to earn money from home. Are you an optimistic problem solver Do you love using your sales skills to connect people to services and (more...)
Company: Arise
Location: Prescott Valley
Posted on: 12/15/2019

Call Center Representative - Work at Home
Description: Call Center Representative Work at Home Make your work from home dream a reality Don t wait another minute Use your computer skills and sparkling personality to work from home Do you want (more...)
Company: Arise
Location: Prescott Valley
Posted on: 12/15/2019


Insurance and Financial - Agency
Description: STATE FARM AGENT OPPORTUNITY Contact a Recruiter Being a State
Company: State Farm
Location: Prescott Valley
Posted on: 12/15/2019

Travel Nurse RN - Med Surg - $1,417 per week
Description: NurseFly Travel Nursing with Stability Healthcare is seeking a med surg travel nurse for a travel nursing job in Prescott, Arizona: br - Specialty: Med Surg br - Discipline: RN br - Start Date: (more...)
Company: NurseFly Travel Nursing
Location: Prescott
Posted on: 12/15/2019

Travel Nurse RN - Cardiac Cath Lab - $2,002 per week
Description: NurseFly Travel Nursing with Stability Healthcare is seeking a cardiac cath lab travel nurse for a travel nursing job in Prescott, Arizona: br - Specialty: Cardiac Cath Lab br - Discipline: RN br (more...)
Company: NurseFly Travel Nursing
Location: Prescott
Posted on: 12/15/2019

Travel Nurse RN - Pediatrics - $1,519 per week
Description: NurseFly Travel Nursing with Advanced Travel Nursing is seeking a pediatrics travel nurse for a travel nursing job in Prescott Valley, Arizona: br - Specialty: Pediatrics br - Discipline: RN br (more...)
Company: NurseFly Travel Nursing
Location: Prescott Valley
Posted on: 12/15/2019

Softlines Associate-SEASONAL into FEB-Prescott, AZ
Description: Job Description br The Softlines Associate is responsible for enhancing the experience of Members and driving sales, providing courteous and proactive support to Members by making sure that all apparel (more...)
Company: Sears Stores
Location: Prescott
Posted on: 12/15/2019

Get New Handyman Work Today - Preview Leads In Your Area
Description: Over 25 million homeowners have trusted HomeAdvisor 1800Contractor to help them find quality professionals with the expertise to turn their home improvement
Company: HomeAdvisor
Location: Prescott
Posted on: 12/15/2019

Assembler I - 1st Shift (107)
Description: Description: GENERAL PURPOSE: To safely and efficiently fabricate and assemble precision-built windows and/or sliding glass doors and various sub-components within established quality standards. DUTIES (more...)
Company: MI Windows and Doors
Location: Prescott Valley
Posted on: 12/15/2019

Log In or Create An Account

Get the latest Arizona jobs by following @recnetAZ on Twitter!

Goodyear RSS job feeds