Operational Risk Consultant 5 - Regulatory Compliance Specialist in New York, New York | DiversityInc Careers
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Operational Risk Consultant 5 - Regulatory Compliance Specialist

Job Description

It starts with you. Our goal is to attract, develop, retain and motivate the most talented people - those who care and who work together as partners across business units and functions.  We value and promote diversity and inclusion in every aspect of our business and at every level of our organization.

Let’s talk about building a rewarding career…You’ve got the passion. You’ve got the skills. Now you just need the right opportunity. At Wells Fargo, you’ll have the chance to join a team of smart and talented people who share the same values. Our diverse lines of business offer a world of opportunity to expand your capabilities and advance your career. We invest in our people and provide a supportive environment in which to learn and grow.

Who We Are

The Wells Fargo Enterprise Information Technology (EIT) - Technology Risk Management (TRM) team is responsible for driving the execution and comprehensive view of risk across EIT, instilling a risk management culture where businesses are accountable for understanding and managing their risk. EIT TRM provides First Line of Defense (FLOD) risk management support to drive the execution of the EIT Risk Management Program for our partners, both domestic and international.

What we are looking for:


We have an exciting Senior Operational Risk Consultant opportunity that will cover EIT Policy Management. The person in this position will work across EIT teams, providing leadership in the performance and transformation of the EIT Policy Management program and related deliverables. This is an exciting opportunity to join a team and function committed to providing Wells Fargo with world-class technology risk management. 


Key Responsibilities/Accountabilities:

Our environment continues to be one of heightened standards, raised risk consciousness, and regulatory requirements. As part of the First Line of Defense, this role provides leadership support to ensure that Enterprise Information Technology is accountable for risks associated with its activities, current and emerging risk identification, measurement, assessment, control, mitigation, monitoring, and reporting.

Responsibilities include, but are not limited to:

  • Serving as a subject matter expert supporting the regulatory compliance lifecycle, which includes major requirements review of laws, regulations, and rules both domestically and internationally, establishment of compliance objective for technology, identification and risk evaluation of compliance gaps, ongoing monitoring of compliance baselines, and action plans to ensure sustained compliance.
  • Ensuring regulatory compliance management process, routines, procedures, and guidelines are maintained in audit ready state.  Ensuring corporate tools and systems of record are leveraged, and support end user policy exception education and awareness.
  • Ensuring the strong risk management and regulatory compliance culture is maintained, and driving accountabilities across diverse stakeholders within technology and operational risk.  Ensuring compliance risks are maintained within KPI/KRI boundaries.  If breached, ensuring proper mitigation and notification to technology and operational risk oversight committees.
  • Ensuring the development and distribution of compliance management reports and dashboards.  Ensuring data quality and validation controls are maintained in support of accurate reporting. 

Preferred Locations: Charlotte, NC; Phoenix, AZ; New York, NY

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

Other Desired Qualifications
  • 8+ years of regulatory compliance management operational risk experience within an IT Financial Services environment with an emphasis on regulatory review, regulatory compliance governance, compliance risk management, compliance baseline management and aggregate risk profiling, KPI and KPI development
  • Demonstrated knowledge of top domestic and international laws, regulations, rules: FFIEC, GLBA, BASEL II, EU Directive, FEDERAL Act on Data Protection, Ireland Consolidated Data Protection Acts, etc.
  • Ability to interpret and communicate impact of regulation to technology operations and its business in risk and compliance terms.  Ability to determine and debate applicability, provide guidance, and engage stakeholders in the development of actions to meet compliance objectives
  • Broad knowledge of technology and the associated challenges, risks, and required controls inherent in a complex federated environment, including knowledge of SDLC, Architecture, Cloud, Datacenter, Vendor and third party, BCP, PMO, change management, problem and incident management, SOX and other regularly (ADA, SWAP Dealer), Access management, asset management, Compliance, IS, audit
  • Knowledge of Technology and Security risk framework – COBIT, FFIEC, NIST, ITIL, COSO, and OCC Heightened Standards
  • Proven prior experience in comprehensive risk ownership and accountability for the risk profile positioning
  • Track record of providing constructive challenge with appropriate issue escalation and offering solution
  • Strong ability and experience working with and collaborating with leaders and team members at all levels and across functional lines
  • Demonstrated ability to effectively drive and lead organizational change
  • Demonstrated ability to manage in a matrix environment both domestically and internationally
  • Comprehensive knowledge and understanding of strategic elements of financial, operational, technical, and regulatory environments across a complex global services environment
  • Ability to fluently articulate business strategy and operations; translating organizational strategies into clear objectives and business action
  • Professional certifications such as CPA, CSCP, CRCM, CGEIT, CRISC, CITP, CISA, CISSP


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.