Your browser does not support javascript! Please enable it, otherwise web will not work for you.

Business Risk & Controls Offic @ Wells Fargo

Home > Other

 Business Risk & Controls Offic

Job Description

About the Role

  • The Business Risk and Control Officer position is within the Technology organization.
  • The incumbent is responsible for engaging, working closely with Chief Technology Office associates in the implementation, execution and monitoring of technology controls to enable risk mitigation across assigned business.
  • The role will be primarily accountable for the Risk identification and Control development for Chief Technology Operations functional areas, Processes, Products and Services.

Responsibilities

  • Ensure all required risk related information is communicated, managed and escalated as appropriate with respect to segregation of duties, Ensure all required SoD risk related information is communicated, managed and escalated as appropriate.
  • Ensure development and implementation of SoD mitigation strategies to address known gaps and deficiencies in an effective and timely manner.
  • Establish strong partnership and collaboration with Wells Fargo Technology, aligned Risk Partners, Information Security, Second and Third Lines of defenses, to ensure CTO adherence to Wells Fargo Technology Policy, Compliance and external regulation requirements supporting segregation of duties, software development lifecycle (SDLC), Agile and minimum application requirement (MARs) risk domains.
  • Define, design and drive implementation of risk based, measurable and sustainable Controls against Business Functionality needs, Strategic Initiatives, Issue Management, Policy, Compliance, Regulatory, and Technology Framework requirements, factoring in Automation and Efficiency.
  • Identifies and assess a proactive view of risk, in coordination with CTO, cross-functionally across WFT and Business Lines, with respect to confidentiality, integrity and reliability of source code and delivery of software development mechanisms.
  • Provides input into the strategic plan to cover material risk activities which includes the integration and alignment to the WFT 2022 Strategy of Speed, Change the Bank and Run the Bank activities.
  • Identify opportunities for Process and Control improvements thru monitoring of emerging risk, changes to Technology environment, industry framework and trends.
  • Educate and influence WFT for effective implementation, execution, and governance of Technology Control Framework
  • Provide Risk Opinion, Credible Challenge, and Recommendations through Process, Risk and Control evaluation.
  • Perform Control evaluation and rate controls for Design and Operational Effectiveness
  • Develop and implement metrics and reporting to provide concise risk view in control environment health, timeliness and effectiveness of risk mitigation, and emerging risk.
  • Provide Risk and Control Updates to CTO Leadership and CIO Teams
  • Attend required partnership meetings to ensure appropriate Technology Risk Control Framework coverage and engagement to understand requirements
  • Ensure that critical programs and projects remain aligned to the Technology Risk management strategy and functional framework
  • The successful candidate will have the ability to translate ambiguous ideas/issues into well-defined plans/solutions; while influencing decision-making process
  • Self-motivated, able to work independently with a proven ability to be adaptable to a dynamic work environment with multiple priorities and strict time-lines and set appropriate deliverable timelines and follow-through.
  • 7+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 7+ years of financial services industry experience, of which 5+ years must include direct experience in risk management

Job Classification

Industry: Banking
Functional Area: Accounts, Finance, Tax, Company Secretary, Audit,
Role Category: Other
Role: Other
Employement Type: Full time

Education

Under Graduation: Any Graduate in Any Specialization
Post Graduation: Post Graduation Not Required
Doctorate: Doctorate Not Required

Contact Details:

Company: Wells Fargo
Location(s): Hyderabad

+ View Contactajax loader


Keyskills:   Automation Operational risk Information security Market risk Business process management Risk management Financial services Monitoring SDLC Auditing

 Job seems aged, it may have been expired!
 Fraud Alert to job seekers!

₹ Not Disclosed

Similar positions

Openings For non-voice || Freshers

  • Hexaware Technologies
  • 0 - 4 years
  • Mumbai
  • 6 days ago
₹ 1-4 Lacs P.A.

Junior Consultant - Obstetrics

  • Rhea Healthcare
  • 0 - 5 years
  • Indore
  • 19 days ago
₹ Not Disclosed

Apprentice Trainee - Gurgaon - S&P Global

  • S&P Global Market
  • 0 years
  • Noida, Gurugram
  • 25 days ago
₹ Not Disclosed

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 ...

Plugin template missing! Fix or contact support.