• Wells Fargo
  • $64,690.00 -202,760.00/year*
  • Minneapolis , MN
  • Financial Services - Banking/Investment/Finance
  • Full-Time


Loading some great jobs for you...




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.



The *Wholesale Control Organization* (WCO) is a newly formed organization within Wholesale Banking that is responsible for supporting Wholesale lines of business with risk strategy, implementation, and execution to meet regulatory, corporate, and group risk management requirements and expectations. This group interfaces with Independent Risk Management teams (f/k/a second line of defense) and third lines of defense, as well as risk teams supporting each Wholesale business. It has five risk operations groups, a control strategy and implementation unit, and ten business control teams charged with providing consistent implementation of enterprise-risk programs across Wholesale. Through proactive coordination, WCO delivers an integrated risk strategy producing a sustainable control environment and demonstrable culture of strong risk management.



*Operational Risk Consultant 5 - Commercial Banking Financial Crime Strategic Initiatives*



The newly established Commercial Banking Group is the largest transactional business in the Wholesale banking group. It is a newly formed group combining Middle Market Banking, Business Banking Group and Government & Institutional Banking. The person selected for this role will be responsible for strategic initiatives and change management of appropriate risk controls for the combined businesses to ensure compliance with Financial Crimes Risk Management (FCRM) and Wholesale banking policies and standards.



This Operational Risk Consultant will serve as an integral support member of the Strategic Initiatives and Change Management team. The role will be an individual contributor responsible for providing operational risk expertise, and consulting for projects and initiatives with high risk, spanning across the Commercial Bank. These initiatives may be risk or business related and the individual will be responsible for leading them across all applicable stakeholders, including Legal, Risk, Compliance, Commercial Banking, Wholesale and other internal Wells Fargo teams.



Key core competencies for this role are leadership, business acumen in risk management, strategic planning, process improvement, and change management expertise and project management. This consultant will be responsible for leading project/ working teams and managing all activities in the project/ initiative lifecycle (initiation planning, executing/controlling, and closing) demonstrating ownership of the entire process from beginning to end. Projects/ initiatives will range from low to high visibility, low to high complexity, and short to long-term durations with substantial impact across Commercial Banking channels, systems, and customers. Responsible for the effective management of the project/ working teams formed to execute project/ initiative objectives and relationship management with sponsors and stakeholders, as well as creating and delivering executive level presentations on project/ initiative goals, plans, progress, and risks/issues.



*Responsibilities may include:*



* Reporting on initiatives, business reviews, and large-scale projects

* Oversee roadmap of projects and program initiatives, tracking status, completion and back-end reporting

* Provide competitive strategic direction by partnering closely with senior leadership

* Work with the team to develop a 2-3 year roadmap for the financial crimes program implementation

* Support of other strategic initiatives as needed to continue progress

* Influence and negotiate with senior management and lead large matrix projects



Team 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.



*Preferred Locations: *

MN-Minneapolis

Will consider all locations in the Wells Fargo Footprint



*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.





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





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 interact with all levels of an organization







* Ability to travel up to 10% of the time





Job Expectations:



* Ability to travel up to 10% of the time





How to Express Interest in This Job: Wells Fargo invites you to apply for this job at







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.
Associated topics: annuities, broker dealer, brokerage, commodities, fund, invest, investor, market, nasdaq, purchase

* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

Launch your career - Upload your resume now!

Upload your resume

Loading some great jobs for you...