Operational Risk Consultant Operational Risk Consultant …

Wells Fargo Bank
in Hong Kong, Hong Kong, Hong Kong
Permanent, Full time
Be the first to apply
Competitive
Wells Fargo Bank
in Hong Kong, Hong Kong, Hong Kong
Permanent, Full time
Be the first to apply
Competitive
The purpose of the International Control team is to identify, assess and mitigate risks across Financial Crimes, Regulatory and Operational Risk types, coordinating with businesses operating internationally, while adhering to policies established by Independent Risk Management (IRM). The International Control Analytics, Reporting and Administration Leader will develop analytics, reporting and administrative capabilities to drive consistency, efficiency and quality across the various regulatory, operations and support functions within the International Control team.

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 Role
The purpose of the International Control team is to identify, assess and mitigate risks across Financial Crimes, Regulatory and Operational Risk types, coordinating with businesses operating internationally, while adhering to policies established by Independent Risk Management (IRM).  The International Control Analytics, Reporting and Administration Leader will develop analytics, reporting and administrative capabilities to drive consistency, efficiency and quality across the various regulatory, operations and support functions within the International Control team.

Responsibilities include:
•Designing and implementing front-line risk and control reporting for the region, ensuring consistent standards and aggregation of reports at the legal entity, country and regional levels to meet both local requirements as well as to feed into cross-regional international reporting requirements.
•Developing risk data and analytics across all regions, ensuring consistent standards and in close coordination with Wholesale Control International Control Analytics and Reporting, Wholesale Control Analytics and Reporting, and Wells Fargo's Data Management & Insights group.
•Implementing a fully integrated analytics, reporting and administration infrastructure to support the group and leverage resources for multiple, on-going activities/initiatives and reporting needs.

The successful candidate will work closely with other leaders across Regional Control team, Regional Independent Risk Management team, IRM Analytics, Reporting and Administration teams, International Control, Payments, Virtual Solutions and Innovation (PVSI) and Wealth & Investment Management (WIM) in the development and execution of company risk management strategies. Accordingly, critical success factors will include the ability to develop partnerships with many business and functional areas and identify trends which may present opportunities or reflect gaps in the Company’s risk management execution/direction.

The Candidate
Leadership, integrity, and credibility will be determining factors in selection. Successful candidates will be articulate and possess a demonstrated leadership capability; they will be impressive in their inter-personal effectiveness and with regard to their accomplishments. This team member must be capable of initiating action and managing change in a fast paced environment under regulatory scrutiny and heightened expectations.  It requires a leader with strong relationship management, influencing, vision and execution skills. A key differentiator will be the ability to understand and operate successfully in a complex, heavily matrixed regional and corporate environment. The role requires a sense of urgency, passion for results, and personal accountability for achievement.
•Understanding of best-practice risk management techniques across financial services industry.
•Ability to design and implement risk management and control analytics and reporting to drive effective decision making and results.
•Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships within the business and enterprise Risk function.
•Proven leadership and project management skills to drive alignment across stakeholder groups to develop and deliver repeatable end to end risk management solutions and reporting aligned with a variety of needs.
•Ethical integrity and demonstrated ability to assess and determine when to raise concerns and escalate.
•Strong analytical ability used to identify risks and confidently raise issues, escalate early and engage in constructive credible challenge and will do so independently when necessary.
•Proven ability to proactively manage and resolve conflict and effectively defend decisions with objective rationale.
•Demonstrated ability to solve problems and analyze issues with data from multiple sources and the know-how to ask the right questions to obtain information needed to size up a situation properly.
•Proven experience in leading business support services providing effective administration and infrastructure support required to enable team performance.

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 5+ years of management experience.


Desired Qualifications:
•Proficient knowledge and experience in International Financial Services and regulatory agencies, especially those in international regions.
•Experience driving forward looking strategic plans and full lifecycle transformation leadership from idea inception to implementation to adoption into business as usual operations.
•Ability to identify and transform existing programs that may be ineffective or deficient from a technological, operational and/or human capital perspective.
•Strong experience and business acumen in the financial services industry, products, and regulatory environment.
•Working knowledge of Wholesale Banking.
•Previous experience executing analytics and reporting to meet a wide range of needs.
•Proven leadership ability to develop teams, lead virtual teams, and drive successful execution of change initiatives.
•Ability to articulate complex concepts in a clear manner.
•Ability to influence and consult strategically across a large organization and with various levels of leadership/stakeholders.
•Excellent organizational and time management skills with the ability to process multiple tasks simultaneously.
•Excellent verbal, written, and interpersonal communication skills.
•Strong analytical skills with high attention to detail and accuracy.
•Strong Microsoft Office skills and the ability to prepare training/awareness materials that reinforce procedures.

 

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