Wells Fargo

Job Category:

Technology and Risk, Risk/Compliance, Corporate Functions


San Francisco, California


United States

Postal Code:


Approximate Salary:

Not Specified

Position Type:

Full Time


415) 820-7800

This job has expired and you can't apply for it anymore. Start a new search.

Head of Legal Entity Rationalization (Operational Risk Manager 4)

Wells Fargo - San Francisco, California

Posted: 09/15/2018

Job Description

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Enterprise Finance & Information Technology offers technology and services that exceed Wells Fargo customers’ expectations and directly enable them to succeed financially. We interact with customers more than 12 billion times a year through in-store, online, ATM, and telephone transactions. We impact customers directly, through systems availability and security, as well as indirectly, through our business partners who offer and deliver a myriad of products and services that meet customers’ financial needs. We provide a competitive advantage for the company through excellence in fundamentals, integrated partnerships, and our talented and engaged team members.

It starts with you. Our goal is to attract, develop, retain and motivate the most talented people - those who care and who work together as partners across business units and functions. We value and promote diversity and inclusion in every aspect of our business and at every level of our organization.

At Wells Fargo, we invest in our people. Our diverse lines of business offer unique opportunities to expand your knowledge and advance your career.

The Legal Entity Office (LEO) is an enterprise-wide legal entity governance function being established within Enterprise Finance Shared Services. The LEO works in partnership with the Lines of Business and corporate staff functions to provide management oversight and governance of legal entities across the enterprise.

The Head of Legal Entity Rationalization to the Head of the Legal Entity Office. This role manages a team and has the following key responsibilities:

  • Facilitate event-driven resolvability assessments to ensure that the various triggers (new products/services, LE changes including inter-affiliate funding changes, M&A) only proceed based on review against the Legal Entity Rationalization (LER) Criteria
  • Engage with enterprise stakeholders to facilitate periodic (at least annual) LER assessments
  • Provide guidance on applying the Legal Entity Rationalization Criteria
  • Work closely with the Resolution and Recovery Program Office
  • Escalate matters to the LEGC, as appropriate.

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.

Open to any location in the Wells Fargo footprint. Charlotte, Minneapolis, San Francisco preferred.

Required Qualifications

  • 10+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 10+ years of IT systems security, business process management or financial services industry experience, of which 5+ years must include direct experience in compliance, operational risk management, or a combination of both
  • 5+ years of management experience
Desired Qualifications

  • A Masters of Business Administration (MBA) or Juris Doctor (JD)
  • Change management experience
  • Experience successfully collaborating with others in a change driven environment
  • Strategic planning and development experience
  • Ability to articulate complex concepts in a clear manner
  • Ability to influence executive decision-making and successfully negotiate critical issue resolution related to program initiatives
  • Ability to positively influence, motivate, and direct diverse teams
  • Ability to represent the company/business units to internal and external auditors, RECOR, OCC, or other regulatory agencies
  • Advanced Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skills
  • Knowledge and understanding of strategic roadmap coordination and development
  • Strong analytical skills including analyzing complex data
  • Strong conflict resolution skills
  • Ability to influence, partner, and negotiate with senior business leaders to gain commitment to accomplish business goals
  • Experience developing well-defined plans for problem resolution from preliminary or ambiguous information
  • Experience communicating in both written and verbal formats with senior executive-level leaders
  • Knowledge and understanding of Regulatory Risk and Compliance policies and programs
  • Knowledge and understanding of corporate governance, financial reporting systems, legal entities, and role of regulatory authorities
  • Corporate legal entity management experience
  • Knowledge and understanding of creation and dissolution of legal entities, documentation and filings
  • Experience working at a federal bank regulatory agency or experience interacting with federal regulatory agencies managing regulatory examinations and continuous monitoring activities
  • Experience in corporate-wide policy governance, maintenance and governance of the plans, playbooks and policies
  • Experience with Legal entity management systems and processes, and In-depth understanding of legal entity structures and business products
  • Knowledge and understanding of LE management tools such as GEMS, Blueprint, LEIF, Hogan, EPIC, WCIS, as well as other Wells Fargo systems of record
  • Ability to articulate complex concepts in a clear manner
  • Advanced Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
Other Desired Qualifications
  • Prior experience in establishing standards/business procedures and execution in a large complex highly matrixed organization.
  • Knowledge of key regulations related to Treasury functions such as Volcker Rule, Regulation W, Sarbanes Oxley and Dodd-Frank Act
  • Proven effectiveness in working with and influencing executive management across multiple lines of business, with the desire and capability to become a trusted advisor to senior executive leaders - supporting, enabling and enhancing their direction and targeted results
  • Proven strong strategic planning and consulting skills, including the knowledge and use of standard consulting, management, and facilitation methodologies
  • Proven ability to recruit, manage, develop and retain senior strategy professionals
  • Experience in leading large Audit engagements or corporate wide governance activities
Street Address

NC-Charlotte: 301 S College St - Charlotte, NC
MN-Minneapolis: 550 South 4th St - Minneapolis, MN
CA-SF-Financial District: 550 California St - San Francisco, CA


  • 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.

Apply Now
This job has expired and you can't apply for it anymore