Technology Regulatory Change Management

Company: Wells Fargo
Location: Chandler
Posted on: August 7, 2022

Job Description:

About this role:Wells Fargo is seeking a Senior Business Execution Consultant to support Technology Regulatory Change Management. Technology Regulatory Change Management is responsible facilitating end-to-end regulatory change and adherence monitoring for Technology. This includes Major Compliance Requirement (ADA, GLBA, HIPAA, etc.) and other key Authoritative Sources and Industry Standards (FFIEC, PCI DSS, COBIT, NIST, and International regulations). The candidate will need to be able to quickly interpret these types of sources to drive discussions with Independent Risk Management, Compliance, and Legal Partners to review and determine applicability. As source applicability is confirmed, the candidate will be responsible for working with key stakeholder to map authoritative sources to policies, processes, and control for both technology and information security processes to demonstrate regulatory coverage. This will require and understanding of the core regulations and the required controls. This role requires an understanding of technology processes. The team member is responsible for facilitating the review of new/revised regulatory requirements, identifying potential gaps, helping to determine the appropriate course of action to close identified gaps, and monitoring and reporting of gaps through closure. The review, assessment, and gap remediation process requires strong analytical skills, and an ability to build relationships necessary to collaborate across key stakeholder groups to drive decisions.In this role, you will:

• Lead support functions or operations for multiple business groups and contribute to large scale strategic initiatives
• Ensure efficiency, quality, cost effectiveness of solutions, and pipeline management relating to assigned operations
• Research moderately complex business, operational, and strategic initiatives that require analytical skills, basic knowledge of organizational strategy and Business Execution, and understanding of international business
• Work independently to make recommendations for support function by providing support and leadership
• Assist in the planning and execution of a variety of programs and initiatives that may include risk mitigation, efficiency, and customer experience
• Collaborate and consult with team leaders in developing project plans, policies and procedures
• Provide leadership in management of relationships and implementation of programs, services, and initiatives with cross functional business partnersRequired Qualifications, US:
  • 4+ years of Management consulting, Strategy Consulting, or Business Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 4+ years of Risk Management or Financial Services Industry experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:
    • Ability to coordinate completion of multiple tasks and meet aggressive time frames
    • 3+ years of risk and regulatory compliance experience
    • Knowledge and understanding of technology processes and technologies
    • Knowledge and understanding of risk management
    • Experience authoring and presenting material to an executive audience related to compliance with regulations and/or policies, with an ability to prepare management-level reporting
    • Strong communication, negotiation and relationship management skills
    • Advanced Microsoft Office skills
    • Excellent verbal, written, and interpersonal communication skills
    • Strong analytical skills with high attention to detail and accuracy
    • Ability to interact with all levels of an organization
    • Understanding of Wells Fargo's Risk Management Framework, and/or other technology and security risk frameworks. Including, but not limited to: COBIT, FFIEC IT Handbooks, NIST, ITIL, COSO, BASEL, and OCC Heightened Standards.Job Expectations:
      • Review new/revised authoritative sources for applicability to technology.
      • Serve as point of contact for assigned coverage area regarding the inventory of technology applicable authoritative sources, and as subject matter expert on our regulatory change management processes.
      • Facilitate mapping of new/revised authoritative sources to policies/standards, processes and controls (where appropriate) with key stakeholders.
      • Host review and challenge sessions for completed mappings with key stakeholders and obtain appropriate approvals prior to submission to Independent Risk Management partners.
      • Consolidate responses and submit completed/approved mappings to Independent Risk Management Partners for load into approved system of record.
      • Escalate identified coverage gaps through reporting routines.
      • Author status reporting for executive leadership on high impact authoritative sources.
      • Execute monthly monitoring, reporting, and metrics for the end to end process.
      • Present in monthly status calls, forums, and/or councils, as needed.
      • Support key initiatives to drive overall regulatory adherence. 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.

Keywords: Wells Fargo, Chandler , Technology Regulatory Change Management, IT / Software / Systems , Chandler, Arizona