Senior Operational Risk Specialist

About this role:

Wells Fargo is seeking a Senior Operational Risk Specialist

In this role, you will:

• Manage the development, implementation, and monitoring of a risk-based program for a business or large functional area with moderate to high risk to identify, assess and mitigate operational risk that arises from inadequate or failed internal processes, people, systems, or external events

• Maintain a balance between risk mitigation and operational efficiency

• Evaluate the adequacy and effectiveness of policies, procedures, processes, systems, and internal controls

• Analyze business and system changes to determine impact, assess operational risk issues, and assign risk ratings consistent with established policy standards

• Provide operational risk expertise and consulting to complex business units for initiatives with high risk

• Design and develop testing strategies, methodologies and analyses

• Consult with the business to develop corrective action plans and effectively manage change

• Identify training opportunities

• Design and coordinate the development of training materials and coordinate or deliver training

• Report findings and develop business cases to influence management on the need for controls to mitigate risk

• Manage and coordinate production of periodic operational risk performance reports for management, including trend research and recommended strategies

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

Required Qualifications:

• 4+ years of Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• 3+ years of prior experience in trust administration/ fiduciary services/ fiduciary risk
• Strong risk management and compliance skills
• Familiarity with US trust laws and trust administration
• Experience with SEI Trust 3000 software
• Knowledge and understanding of fiduciary law and federal regulations
• Knowledge and understanding of fiduciary, investment, or planning disciplines
• Knowledge and understanding of investment risk and compliance management processes
• Knowledge and understanding of trust, fiduciary law, and federal regulations/operations
• Ability to influence across all organizational levels, particularly senior management
• CFIRS or related certification preferred

Job Expectations:

This role will be part of the Fiduciary Risk Oversight (“FRO”) unit of Operational Risk Coverage Programs. FRO’s program is designed to proactively and systematically identify, assess, measure, monitor, control and report on significant fiduciary risks to Wells Fargo and its customers. The primary business group currently in scope for this oversight program is Wealth & Investment Management.

• Lead the creation of key monitoring routines to support the ongoing risk identification and trends within key fiduciary businesses.
• Provides fiduciary risk support to the trust business and oversight of the trust administrative account review process
• Monitors the regulatory and industry environment and identifies fiduciary risk issues and may participate in development of risk ratings
• Analyze business and IRM owned data in order to identify ways to assess trends, themes, and perform oversight.
• Provides fiduciary risk support to the businesses and supporting group partners on select OCC regulations and risk topics
• Evaluates the adequacy and effectiveness of policies, procedures, processes, systems and internal controls
• Reports findings and develop business cases to influence executive management or management committee member/ head of business on the need for controls to mitigate risk
• Internal collaboration with key stakeholders in Corporate Risk and Business Groups for oversight of F&I risk
• May interface with ORBO, Internal Audit, Legal, on risk related topics
• Ability to work at one of the approved locations in the job posting
• This position offers a hybrid work schedule
• This position is not eligible for Visa sponsorship

Posting End Date: 

27 Apr 2026

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

 

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.