Risk Management Specialist

5 days ago


Hyderabad, Telangana, India WELLS FARGO BANK Full time
About this role:

Wells Fargo is seeking a highly skilled Risk Management Specialist to join our team.

In this role, you will:

  • Participate in mitigating current and emerging risk exposures associated with the activities and operations of the assigned business group, and identify opportunities for process improvements within the scope of defined business control responsibilities.
  • Review and analyze basic business challenges that require research, evaluation, and selection of alternatives.
  • Develop and implement risk monitoring, risk reporting processes, and controls while evaluating and reporting results where necessary.
  • Present recommendations for resolving complex situations and exercise independent judgment while developing Control Management functional area expertise.
  • Provide support in the interpretation of policy, guidelines, and governance programs as front-line liaison to Independent Risk Management area.
  • Collaborate and consult with Control Management team and key stakeholders, including internal customers.
Required Qualifications:
  • 2+ years of Risk Management or Financial Services industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Desired Qualifications:
  • Bachelor's degree or higher. Relevant certifications will be an advantage.
  • 2+ years of relevant experience in Financial Services industry and/or risk & control domains covering operational risk, controls testing/evaluation, compliance, internal audit, risk management, etc.
  • Experience in automation/advanced Excel/reporting will be an advantage.
  • General knowledge of industry standards and best practices around control evaluations/testing, internal audit, and risk management processes.
  • Experience creating test questions or test scripts.
  • Experience assessing control design and performance through testing, audit, or Risk Control Self-Assessment practices.
  • Experience assessing processes, procedures, and identifying controls.
  • Experience in assessing risk, reviewing risk ratings, identifying control gaps, and determining the appropriate evaluation methodology.
Job Expectations:
  • Comprehensive understanding of operational risk management in the financial services or other highly regulated industries.
  • Strong analytical skills with high attention to detail and accuracy.
  • Excellent verbal, written, interpersonal communication skills and stakeholder management.
  • Demonstrate a positive attitude and readiness to work in a challenging and dynamic environment.
  • Flexibility to multitask and work across domains and business groups.
  • Ability to credibly challenge, conduct tough conversations, and effectively communicate with various levels of management.
  • Ability to synthesize data from a variety of sources and deliver results quickly.


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