Enterprise Risk Specialist

Wells Fargo
Singapore, Singapore
16 Jun 2022
18 Jun 2022
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Department Overview

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

As the company's second line of defense, Corporate Risk - or Independent Risk Management - provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework and ensure all employees understand their individual accountability for managing risk. Corporate Risk roles depend on a variety of skills, including: Data analysis and synthesis, root cause analysis, change management, process management & execution, risk governance, risk strategy, risk identification & assessment, risk prevention, controls & mitigation, risk monitoring, reporting & escalation, risk systems & technology.

The APAC Independent Risk Management (IRM) group is responsible for the risk governance, leadership, and oversight of all activities in the region, ensuring compliance with established risk programs and policies on behalf of the Regional Chief Risk Officer (RCRO). The enterprise risk specialist will support the RCRO and the risk leaders in the areas where highly analytical and organizational skills are required and will have broad exposure to various risk types including Regulatory Compliance, Financial Crimes, Credit Risk, Market Risk, Liquidity Risk and Operational Risk. This role has an excellent growth opportunity.

About the Role

The successful candidate will be part of the APAC Regional Chief Risk Officer (RCRO)'s office working closely with senior leaders across the control and risk organization for implementation of enterprise risk programs and risk aggregation and reporting in support of the APAC RCRO. This role reports to Head of APAC Risk Strategy Planning & Governance (SPG) within the RCRO office.

  • Support the regional risk strategy and priorities
  • Providing central coordination for risk review of products/services and other strategic/regulatory initiatives
  • Manage risk reporting to governance committees and legal entity boards
  • Manage consolidated views of risk assessments conducted in region and facilitate cross-functional meetings
  • Perform research and undertake analysis as appropriate to support RCRO and the risk leaders on policy and regulatory requirements
  • Other business activities as required to partner with the US and the other regions
  • University degree with a post graduate degree being advantageous
  • 5+ years of working in an investment bank / wholesale banking in a business management or risk role
  • Exposure to investment / commercial banking regulatory environments across Asia Pacific
  • Understanding of risk management activities and risk management functions in banking
  • Strong analytical skills with high attention to detail and accuracy
  • Proactive problem solver with excellent verbal, written, and interpersonal communication and presentation skills.
  • Experience driving forward looking strategic plans and full lifecycle transformation
  • Excellent organizational and time management skills with the ability to process multiple tasks simultaneously.
We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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 US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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.

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