Operational Risk Sr Associate - IT systems
- Wells Fargo
- 5 - 8 years
- Bengaluru
- 5 years ago
- Email to a friend
- Report this job
Job Description
Corporate Risk
Risk management at Wells Fargo is organized with clearly defined lines of defense to provide effective risk oversight and decision-making across the organization. Each line of defense is assigned specific responsibilities and understands the associated activities it is expected to perform.
Independent risk management in Corporate Risk is responsible for independent oversight of risk-taking activities. About the Role
The primary role of the Operational Risk Associate will be to support TTIRO - Compliance Technology Risk Management function at EGS global in-house centers. With a strong background in technical process, risk, and control knowledge, operational risk management methodology, concepts, and good understanding of the operational landscape of enterprise tools for risk management, the ORA demonstrates experience in creating and documenting control testing requirements, and executing controls performance testing as a next step to design effectiveness testing. A proven ability to work across large, complex, and highly matrixed organization, across multiple time zones will be critical. Responsibilities
- Develop, implement, and support an effective governance operating model to provide transparency, accountability and escalation of control design and effectiveness.
- Proactively monitor control effectiveness through quantifiable risk measurements.
- Provide leadership and guidance to impacted stakeholders around regulatory and authoritative source requirements and technology control implementation.
- Understand and identify control expectations for technology and information security processes and activities based on regulatory requirements, corporate policy, and industry best practice.
- Works with complex frontline units and provides operational risk oversight and consulting for risk initiatives and remediation activities.
- Review frontline assessment strategies, methodologies, and analysis.
- Evaluate the adequacy and effectiveness of applicable policies, procedures, processes, systems and internal controls.
- Conduct independent risk management reviews with primary focus on authoritative source and regulatory requirements for information technology processes and/or applications, information security and third party risk management areas. Identify operational risk issues and assign risk ratings consistent with established policies and standards.
- Monitor industry, technology and regulatory trends to determine business impacts.
- Consult with frontline partners and other independent risk management teams to develop corrective action plans
Required Qualifications :
- 5 - 8 years of experience in operational risk, IT systems security, compliance, business process management, or financial services, of which at least 4 - 5 years must include direct experience in operational risk (technology, information security, third party).
- Working knowledge of COBIT framework with an emphasis on measuring control effectiveness.
- 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 present complex material in a digestible, consumable manner to all levels of management
Other desirable skills experience
- Broad knowledge of technology risk issues facing financial institutions today, including information security, third party providers, privacy, BCP/technology recovery, Information Life Cycle Management, and other domain risks.
- Proven experience with managing technology risk issues.
- Experience developing risk metrics and trending reports.
- Ability to synthesize data from a variety of sources and deliver results quickly.
- Strong organization and detail-oriented skills, with proven ability to manage and prioritize work to meet deadlines despite frequent interruptions.
- Highly proactive, able to work both independently and within a collaborative team oriented environment using sound judgment in decision-making.
- Demonstrated ability to work effectively with virtual and/or geographically dispersed teams.
- Industry recognized certification such as CISA / CRISC / CISSP
Job Classification
Industry: Banking, Financial Services, BrokingFunctional Area: IT Software - Network Administration, Security, Role Category: Admin/Maintenance/Security/DatawarehousingRole: Admin/Maintenance/Security/DatawarehousingEmployement Type: Full timeEducation
Under Graduation: Any Graduate in Any SpecializationPost Graduation: Post Graduation Not RequiredDoctorate: Any Doctorate in Any SpecializationContact Details:
Company: Wells FargoLocation(s): Bengaluru
Keyskills: Automation Information security Consulting Performance testing operational risk management Business process management Risk management Information technology Analytics Financial services
Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community- based financial services company with $1. 9 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more ...
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in