Wells Fargo Operational Risk Assessment Manager 5 in Minneapolis, Minnesota


Technology at Wells Fargo is at the heart of what enables us to satisfy our customers’ financial needs and help them succeed financially. The Enterprise Information Technology (EIT) team leads technology for one of the highest market cap financial services institutions in the world, helping 76.6 million customers conduct an average of 95 million transactions each day, helping more end-customers every day – both in the United States and across the globe – than any other division in our company.

The EIT team helps customers directly every time they do business with the company, delivering a true One Wells Fargo experience and ensuring their security, regardless of channel. EIT also helps customers by remaining trusted partners working with all lines of business to develop and deliver value-added products and services. To do this, EIT draws on the talents and motivation of thousands of technology team members across the enterprise. Altogether, EIT manages world-wide technology for more than 8,700 stores and 12,500 ATMs – larger than Starbucks and The Gap combined.


_ Technology Risk Assessments_

Overall management and execution of technology risk assessments across EIT. Define requirements, maintain risk frameworks, monitor and ensure compliance, monitor and report aggregated risk and risk response, perform risk review and evaluation to identify and respond to risks and enable business objectives and decision making, and drive continuous improvement of risk management capabilities across businesses and divisions. Maintain and improve technology management and oversight.

Understand technology risks by analyzing, anticipating and tracking the evolving risk. Accountable for reviewing and synthesizing metrics and reporting as well as sharing information and trends with key business leaders.

Technology Risk Identification, Assessment and Evaluation:

Identify, assess and evaluate technology risk to enable the execution of the enterprise risk management strategy

Assemble risk scenarios to estimate the likelihood and impact of significant events to the organization, while evaluating their impact on business objectives

Develop a risk awareness program and conduct training to ensure that business partners understand risk and participate in the risk management process and to promote a risk-aware culture

Identify legal, regulatory and contractual requirements and organizational policies and standards associated to technology systems/applications to determine their potential impact on the business objectives

Identify and evaluate risk response options and provide management with information to enable risk response decisions

Evaluate the current state of technology controls using a maturity model to identify the gaps between current and targeted controls maturity.

Work to define the approach to correct technology control deficiencies and maturity gaps to guarantee that deficiencies are appropriately considered and remediated.

Consult with process owners on design and implementation of technology controls in alignment with the organizations risk appetite and tolerance levels to support business objectives

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 6+ years must include direct experience in compliance, operational risk management, or a combination of both

  • 7+ years of management experience

  • 10+ years of risk management experience

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 articulate complex concepts in a clear manner

How to Express Interest in This Job: Wells Fargo invites you to apply for this job at https://employment.wellsfargo.com/psp/PSEA/APPLICANTNW/HRMS/c/HRSHRAM.HRSAPPSCHJOB.GBL?Page=HRSAPPJBPST&FOCUS=Applicant&SiteId=1&JobOpeningId=5343874&PostingSeq=1.

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.

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.