International Horizontal Aligned Compliance & Operational Risk – Transaction Processing & Execution and Fraud Risks

About this role:

Wells Fargo is seeking an experienced dynamic and pragmatic Senior Compliance & Operational Risk Specialist (Senior Assistant Vice President) to join the International Horizontal Aligned Compliance and Operational Risk (HACOR) team. Based in United Kingdom or Ireland, the role provides independent oversight, challenge and advisory support on International Transaction Processing & Execution and Fraud horizontal risks in relation to compliance and operational risk matters. International scope includes Wells Fargo EMEA, APAC, and Americas legal entities and related compliance / operational risk requirements.

The role operates within a highly matrixed global environment requiring close engagement with relevant Enterprise Risk Type and Operational Risk Business Oversight (ORBO) teams, regional and enterprise front-line teams, International Business Aligned Compliance and Operational Risk (BACOR) and Legal Entity Compliance and Operational Risk (LECOR) teams.

As a part of Wells Fargo’s second line of defence and Independent Risk Management team, covers jobs responsible for establishing, implementing, and maintaining risk standards and programs to ensure compliance with federal, state, agency, legal, regulatory, and Corporate Policy requirements, while also providing governance, oversight, and credible challenge of operational risk exposures and risk management practices arising from inadequate or failed internal processes, people, systems, or external events.

In this role, you will:

• Operate as the International Subject Matter Expert (SME) and trusted advisor for senior management and stakeholders with a primary focus on Transaction Processing & Execution and Fraud horizontal risks, supported by a strong understanding of Investment Banking and Products.

• Provide technical regulatory compliance and operational risk advice and challenge to stakeholders on horizontal risks, including but not limited to regional and enterprise front-line teams, International BACOR and LECOR teams.

• Establish effective engagement with Enterprise Risk Type and ORBO teams to ensure enterprise horizontal risks impacting International are understood and appropriately assessed.

• Ensure effective International horizontal risk management and compliance with firm policies, leveraging a good understanding of Transaction Processing & Execution and Fraud frameworks, controls, and governance.

• Support change implementation, leveraging a good understanding of the International Transaction Processing & Execution and Fraud risk regulatory environment.

• Work with Enterprise Risk Type and ORBO teams to build the International horizontal risk profile and ensure adequate legal entity oversight in compliance with regulatory requirements. (e.g. WFBI). Ensure that relevant cascaded Risk Appetite and Key Risk Indicators are appropriate and calibrated at the legal entity level.

• Utilise AI tools to identify and manage risk and drive data-driven risk outcomes with senior stakeholders. Provide timely and relevant horizontal risk profile insights across teams, legal entities, and lines of business.

• Proactively identify emerging horizontal risk concerns (escalating to senior management as required) and work with stakeholders to ensure timely and appropriate resolution.

• Demonstrate collaboration and influencing skills across senior stakeholders with proven ability to manage multiple priorities effectively with a risk manager mindset.

• Drive efficiency and actively seek opportunities for process improvements, focusing on areas of heightened risk. Provide thought leadership on continuous enhancement opportunities.

• Establish, implement and maintain Compliance & Operational Risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and Corporate Policy requirements

• Oversee the Front Line's execution and challenges appropriately on Compliance & Operational Risk related decisions

• Provide oversight and monitoring of Compliance & Operational Risk based programs

• Develop and oversee standards

• Provide subject matter expertise with comprehensive knowledge of business and functional area

• Provide Compliance & Operational Risk expertise and consulting for projects and initiatives with moderate risk for a business line or functional area

• Monitor reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding Compliance & Operational Risk management

• Provide direction to the business on developing corrective action plans and effectively managing regulatory change

• Provide Compliance & Operational Risk expertise

• Consult for projects and initiatives with moderate risk for a business line

• Identify and recommend opportunities for process improvement and Compliance & Operational Risk control development

• Provide direction to the business on developing corrective action plans and effectively managing regulatory change

• Report findings and make recommendations to management appropriate committees

• Interpret policies, procedures, and Compliance & Operational Risk requirements

• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

• Work with complex business units, rules and regulations on moderate risk compliance and operational risk matters

• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and Compliance & Operational Risk requirements

Technical skills

• Extensive experience in Compliance and/or Operational Risk at leading international financial services firm(s).

• Technical knowledge of Transaction Processing & Execution and Fraud risks and practical business impact.

• Good understanding of operational risk management frameworks, in particular horizontal risk management, with exposure to Transaction Processing & Execution and Fraud risk management and metrics.

• Strong