Wells Fargo

Business Accountability Director – Third Party Governance

Wells Fargo

full-time

Posted on:

Location Type: Hybrid

Location: Minneapolis • Arizona • Minnesota • United States

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Salary

💰 $185,000 - $300,000 per year

Job Level

Lead

About the role

  • Manage and develop a team of multiple levels of managers and individual contributors with focus on delivering service of moderate to high complexity for cross functional stakeholders and internal partners associated with the risk mitigation function or affected by its outcomes
  • Identify opportunities for process improvement and risk control development by overseeing strategy and execution of all activities
  • Lead team by making strategic decisions to resolve highly complex issues related to higher risk deliverables; interpret and develop range of policies and procedures for functions with moderate to high complexity and risk
  • Collaborate with and influence all levels of professionals, including senior leadership
  • Engage and influence business heads, regulators, control management, risk, legal, and audit partners to successfully ensure appropriate management of business risk
  • Manage allocation of people and financial resources to ensure commitments are met and align with strategic objectives in business group
  • Develop and guide a culture of talent development to meet business objectives and strategy

Requirements

  • 10+ years of risk management, business controls, or compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 4+ years of management or leadership experience
  • Deep knowledge of Third Party Risk frameworks and regulatory expectations, preferably as both a Risk Owner and an Oversight Function.
  • Proven ability to lead, coordinate, and resolve complex third party matters in a high-pressure environment.
  • Strong risk and operations background with expertise in Third Party Ongoing Monitoring & Oversight, Track KRIs for critical third parties, and extensive experience in advising on cyber and data risk, and continuous improvement.
  • Demonstrated accountability for managing Business Line third party programs and ensuring strict adherence to all applicable policies and standards.
  • Executive-level communication.
  • Proven ability to oversee the development and execution of effective Third Party Risk Oversight programs.
  • Experience assessing third party risks, defining risk mitigating strategies, and designing solutions with single sourced third parties.
Benefits
  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
risk managementbusiness controlscomplianceThird Party Risk frameworksThird Party Ongoing MonitoringOversightcyber riskdata riskrisk mitigating strategiesprogram development
Soft Skills
leadershipstrategic decision makingcollaborationinfluencecommunicationtalent developmentaccountabilityproblem solvingcoordinationexecutive communication