Jobs · Finance · North Carolina

CIB Operational Risk Executive for Markets

Wells Fargo · Charlotte, NC · 2 wk ago
Finance$290k–$500k/yrFull-time
About This Role Wells Fargo is seeking an Operational Risk Executive to lead Operational Risk Business Oversight (ORBO) for the Corporate and Investment Banking (CIB) Markets division. Reporting to the Head of Operational Risk for CIB, this role is accountable for providing independent second-line oversight across Markets – including Fixed Income, Macro, Commodities, and Equities businesses. This leader will serve as a strategic partner and credible challenger to senior business executives, providing authoritative review and challenge of operational risk management practices across front-office trading, sales, and support functions. The role is responsible for identifying emerging risks, evaluating control effectiveness, influencing risk strategy, and ensuring alignment with the Company's Risk Management Framework, enterprise risk programs, and regulatory expectations. Success in this role requires deep Markets expertise, strong risk judgment, and the ability to influence executive decision-making through data-driven insights and effective communication. In This Role, You Will Provide independent second-line Operational Risk oversight for the CIB Markets division, including:Fixed Income trading and sales activitiesRates, Foreign Exchange, and Macro businessesCommodities trading and related support functionsEquities trading, prime services, financing, and electronic trading platformsAssess and challenge risks associated with:Trade lifecycle processesMarket infrastructure and exchange connectivityFront-office technology, automation, and algorithmic trading platformsRegulatory reporting and transaction processingThird-party and vendor dependenciesOperational resilience, business continuity, and recovery capabilitiesData management, model-driven processes, and AI-enabled business activitiesLead independent review and challenge of:Risk and control self-assessmentsOperational risk and loss eventsEmerging risk assessmentsMaterial issues and corrective action programsNew business initiatives, products, and strategic transformationsIdentify and escalate significant operational risk themes to senior management, Risk Committees, and executive governance forums.Partner with Compliance, Independent Risk Management, Audit, Technology, Operations, and business leadership teams to promote a strong risk culture and sustainable risk management practices.Develop strategic risk insights that inform decisions related to operational resilience, control effectiveness, technology transformation, growth initiatives, and risk appetite.Lead and develop a team of senior operational risk professionals, driving organizational effectiveness, succession planning, and talent development. As a leader, you will lead your team with integrity and create an environment where employees feel included, valued, and supported to do work that energizes them. You will have accountability for management responsibilities including hiring, coaching, performance management, talent development, risk management, and execution of daily leadership activities. Required Qualifications 10+ years of Operational Risk experience or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education6+ years of Management experience Desired Qualifications 10+ years of experience in Operational Risk Management, Audit, or related Independent Risk functions supporting Corporate & Investment Banking Markets businessesDeep knowledge of Fixed Income, Rates, Foreign Exchange, Commodities, Equities, Electronic Trading, and Sales & Trading OperationsSignificant experience assessing operational risks associated with front-office trading environments, trade execution, post-trade processes, technology platforms, and market infrastructureStrong executive presence with a demonstrated ability to influence senior executives, exercise independent risk judgment, and provide effective challengeStrong understanding of regulatory expectations applicable to investment banking and markets businessesExceptional communication skills, including experience presenting complex risk themes to executive leadership, governance committees, and regulatorsProven ability to lead large-scale, complex, cross-functional initiatives and deliver sustainable risk outcomesExperience overseeing major operational change, technology transformation, and automation initiatives within investment banking and markets environmentsExpert understanding of operational risk management frameworks, including risk identification, assessment, monitoring, issue management, operational resilience, and governanceDemonstrated ability to build effective relationships across Independent Risk Management, Compliance, Audit, Technology, Operations, and business leadership teamsAbility to develop practical risk solutions, articulate clear recommendations, and influence timely decision-making in a complex environmentProven leader with a track record of developing talent, building high-performing teams, and delivering strong business and risk outcomesAbility to inspire, engage, and lead a complex, geographically dispersed organization through strong leadership presence and communicationExperience engaging with global regulators, including interpreting regulatory trends and expectations and navigating regulatory interactions effectivelyDemonstrated ability to negotiate complex challenges or issues and achieve balanced outcomes that are in the best interest of the companyStrong analytical and problem‑solving skills, with an inquisitive mindset and the confidence to challenge existing practices to drive efficiency, consistency, and standardization Job Expectations Foster an environment that ensures strong communication and cooperation across the three lines of defense.Create a culture of excellence by proactively attracting, retaining, and developing a team of talented and diverse professionals. Pay Range Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities. $290,000.00 - $500,000.00 Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees. Health benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursement Posting End Date 13 Oct 2026 Job posting may come down early due to volume of applicants. We Value Equal Opportunity Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic. 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. Applicants With Disabilities To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo. Drug and Alcohol Policy Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more. Wells Fargo Recruitment And Hiring Requirements Third-Party recordings are prohibited unless authorized by Wells Fargo. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process. Reference Number R-580472-1

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