Corporate Risk Head of Corporate Risk Reporting and Analytics (CRRA) Transformation Office (Strategic Planning Manager 3)

Job description

Job Description

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,200 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 37 countries and territories to support customers who conduct business in the global economy. With approximately 262,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 17 on Fortune's 2020 rankings of America's largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

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.

Corporate Risk

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 Role

The Corporate Risk Reporting and Analytics Transformation Office is accountable for managing matrixed, multi-level teams to define, drive, and sustain robust Corporate Risk Reporting & Analytics (CRR&A) strategies, programs and initiatives through disciplined execution, continuous monitoring and improvement, and a strong governance model.

Manage a team of business analysts to support each corporate risk stripe to identify efficiency opportunities within and across risk stripes by removing duplication of effort and automating manual processes. Capture requirements, manage stakeholders, prioritize the pipeline, and realize efficiencies in headcount. Oversee change management - ensure strong process and controls around application, data, process changes.

Key Responsibilities:

Strategic Planning

Responsible for defining, implementing, and sustaining an overarching strategy that enables CRR&A to deliver effective, impactful reporting and analytics to key stakeholders. Sets vision, values, and strategy for the function. Provides leadership to the identification and transformation of opportunities into actionable information that drives business outcomes.

Conceptualize, agree, and drive strategies at operational level to add value to the business. Interacts with leadership and stakeholders across Corporate Risk to establish strategic plans and objectives for CRRA. Understands business strategies and objectives and collaborates across the enterprise to predict current and future needs.

Governance

Establishes and sustains a strong governance framework across CRRA. Provides effective policy compliance and workstream organization oversight, governance engagement, report inventory maintenance, and taxonomy standardization. Reviews controls for data and testing teams.

Portfolio Management

Oversees the continuous review, refinement, and maturity of the CRRA portfolio of deliverables. Manages the report factory, portfolio reporting, risk/issue management and escalation, key process indicators and metrics, and provides oversight and support for workflow of prioritization queue.

Provides leadership in the integration/ implementation of programs/ services/ initiatives with cross functional business partners, recognizing the significance of competing priorities and strategies and adjusting as necessary.

Efficiencies

Ensures timely and capable execution on key initiatives, including regulatory remediation, organizational integration, and effectiveness workstreams. Identifies and provides guidance for report process standardization, new report integration, report inventory and portfolio rationalization, and process improvement. Provides insights and guidance to CRRA leaders in building effective process metrics. Develops metrics and tracks/ evaluates performance of processes, programs, services, and initiatives. Partners with senior leaders to allocate and coordinate resources and determine appropriate staff levels in concert with CRRA initiatives.

Content/Graphics

Provides leadership and direction for visualization standards and oversight for reports and dashboards and identifies opportunities for content improvement. "Tells the story" using graphics to maximize the message with minimal content.

Change Management

Communicates and coordinates with upstream and downstream partners to effectively manage changes to data, applications, technology, and report requirements. Oversees and provides guidance for impact analysis of changes and test and validation planning. Manages stakeholder communication and coordination. Collaborates with users to understand complex problems and focuses on bringing issues to resolution.

Other

Facilitate creation of goals for employees and Managers in the CRRA Transformation office in alignment with business goals.

As an Employee Manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically, you will:

• Lead your team with integrity and create an environment where your employees feel included, valued, and supported to do work that energizes them.
• Accomplish management responsibilities which include sourcing and hiring talented employees, providing ongoing coaching and feedback, recognizing, and developing employees, identifying and managing risks, and completing daily management tasks.

Location: Charlotte, NC; Minneapolis, MN; Dallas, TX; Phoenix, AZ; Des Moines, IA; St. Louis, MO

• 10+ years of strategic planning experience
• 5+ years of management experience

• 20+ years of experience in Strategic Planning, Process Governance, Operational transformation, Program & Change Management, Data Visualization Oversight, Automation of Reports
• 12+ years of leadership experience in Risk Management / Reporting
• Strong collaborative management style, with an execution- and results-oriented focus. Ability to manage/deal with uncertainties and the zeal to identify opportunities in adversities
• Is a strong people manager; builds high performing and diverse teams, able to lead geographically dispersed teams, sets and achieves high standards for self and team. Compassionate leader with humility and someone who possess broad-based thinking ability
• A demonstrated track record of effectively and constructively leading change in large, complex, and global organization(s). Ability to understand/sense the varying decision-making styles and navigate effectively
• Knowledge of the financial services and other related industries (technology) and understanding of the emerging trends, risk reporting, compliance, regulatory, and economic environment, and the impact on Wells Fargo
• Understands multiple perspectives, spots business priorities, and aligns divergent positions, brings cohesion to diverse perspectives, and achieves objectives that require a high level of collaboration across multiple stakeholders
• A strategic business partner capable of balancing the need for innovation and change with regulatory realities, internal need to manage risk and cultural readiness for change management
• Has the ability to present and discuss information in a way that persuades, educates, and enhances understanding at all levels

• Ability to travel up to 10% of the time

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.



Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.