View Job

VP, Technology, Third Party and Information Risk Management Oversight

Wells Fargo | Toronto ON M9N2Y9 CAN | Full Time | Posted: 03/24/2020

Job Descriptiontop

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company with $2.0 trillion in assets and offices in over 37 countries. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides asset management, capital raising and advisory, financing, foreign exchange, payments, risk management, and trade finance services to support customers who conduct business in the global economy. At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We also value the viewpoints of our team members and encourage them to be their best. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. Learn more at our International Careers website.

Market Job Description

oQ.ClassName != 'jobdescriptionInJobDetails'" ng-class="oQ.ClassName" j-query="html(oQ.AnswerValue)" class="answer ng-scope section2LeftfieldsInJobDetails jobDetailTextArea">

Third Party Risk Management provides critical independent risk management coverage. Key activities include review and credible challenge of third party sourcing and management solutions, monitoring controls, oversight of risks/mitigation plans, project status reporting and operational risk domain artifacts used as part of the regulatory reporting process with aggregation points covering the Canada and Latin America Region. All functions for International Third Party Risk Management will be executed in accordance to TTIRO processes and procedures.

We are seeking an experienced Independent Risk Management Leader, VP, Technology, Third Party and Information Risk Management Oversight (TTIRO) in the Second Line of Defence (SLOD) based in Toronto.

Key responsibilities:

  • Oversee specialist risk types such as Technology and Information Security, Records Management, Third Party Risk Management, Business Continuity and Business Resilience
  • Experience with formalized governance, oversight and credible challenge with the ability to effectively write and guide others to write Point of View papers and other documents that challenge the front line and drive actions that result in risk reduction activities on behalf of the Americas Region.
  • Experience in delivering SLOD risk management programs in a highly matrixed and complex environment preferably a multi-national with a US parent company.
  • Experience with regulatory requirements and interfacing with international and US regulators such as Office of the Superintendent of Financial Institutions (OSFI), Investment Industry Regulatory Organization of Canada (IIROC), Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Chartered Institute of Management Accountants (CIMA) etc.
  • Be the key international interface into the Technology, Third Party and Information Risk Management Oversight (TTIRO) groups that perform oversight of over the risk types that fall within their accountability, influencing them to provide a global perspective to risk management.
  • Execution and delivery of the independent risk functions as defined in the risk management framework on behalf of the region and the legal entities for the risk types that fall under the accountability of TTIRO
  • Establishing credibility and becoming a trusted Independent Risk Management Leader

Market Skills and Certifications

oQ.ClassName != 'jobdescriptionInJobDetails'" ng-class="oQ.ClassName" j-query="html(oQ.AnswerValue)" class="answer ng-scope section2LeftfieldsInJobDetails jobDetailTextArea">

Minimum requirements:
  • 7+ years of experience in risk management (include compliance, operational risk, audit, legal, technology risk, information security, business process management) or 7+ years of financial services industry experience, of which 5+ years must include direct experience in risk management related to these technical risk areas, experience in developing team members
  • 2+ years of leadership experience
  • Direct experience in interaction with Americas’ regulators such as OSFI, IIROC, FINTRAC, CIMA etc.
  • Regulatory knowledge in Canada and Latin America regions
  • A second line of defense role providing oversight and credible challenge to the frontline on the topics of third party risk management (internal and external third party service providers)
  • Direct experience in ensuring compliance with Outsourcing regulatory requirements (e.g OSFI Guideline B10)
  • Experience in Third-Party Risk Management Oversight providing, independent oversight of third-party risks and third-party management programs, processes, and controls within Canada / Latin America
  • Delivering Third Party Risk Management oversight program within the context of an international subsidiary of a larger US parent company
  • Excellent verbal, written, and interpersonal communication skills at an executive level
  • Ability to interact and influence in a matrixed environment
  • Advanced Microsoft Office skills

Preferred skills:
  • Ability to develop written program materials, including executive level reporting
  • Certifications such as: Information Technology Infrastructure Library (ITIL), Certified Information Systems Auditor (CISA), Certified Information Systems Security Professional (CISSP), Project Management Professional (PMP), Projects in Controlled Environments (PRINCE), Control Objectives for Information and Related Technology (COBIT), Certified in Risk and Information Systems Control (CRISC), Certified in Governance of Enterprise IT(CGEIT), Business Continuity Certified Expert (BCCE), Disaster Recovery Certified Expert (DRCE), Certified Third Party Risk Professional (CTPRP)
  • Strong analytical skills with high attention to detail and accuracy
  • Ability to work in ambiguous circumstances with a penchant for building structure and scalable processes
  • Ability to interact with all levels of an organization, work collaboratively and influence in a matrixed environment
  • Experiences working in a large multi-national with a US parent and licensed legal entities internationally
  • Experience with the oversight in a formally regulated financial services environment
  • Understanding of formal governance structures – committee structures – committee participation – formal escalation
  • Experience with the oversight within the construct of a legal entity with a parent that provides services that are considered “internal outsourcing” by international regulators

Leadership Expectations at Wells Fargo

oQ.ClassName != 'jobdescriptionInJobDetails'" ng-class="oQ.ClassName" j-query="html(oQ.AnswerValue)" class="answer ng-scope section2LeftfieldsInJobDetails jobDetailTextArea">

As a Team Member 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 team members feel included, valued, and supported to do work that energizes them.
  • Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.

We Value Diversity

oQ.ClassName != 'jobdescriptionInJobDetails'" ng-class="oQ.ClassName" j-query="html(oQ.AnswerValue)" class="answer ng-scope section2LeftfieldsInJobDetails jobDetailTextArea">At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.

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.

Job Detailstop

Location Toronto, ON, M9N2Y9, Canada
Categories Quality Assurance/Safety

Location Maptop

Contact Informationtop

Contact Name -
How to apply Employer provided a link where your application will be accepted. Click on the link below and follow instructions.
Apply Click Here (apply to job)
Job Code 46005BR

Featured Employers - view all