From where I am sitting, I am seeing a lot of waste and many incompetent leaders.
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Post from TheLayoff.com
Awww - who hurt you in IRM? Need a hug?
Don’t fight with anyone but it’s open season on challenging everyone.
@h8+1jmjjgkf8: “Don’t fight with the SMEs over a risk type that you know nothing about“ … you appointed yourself to this pulpit, you arrogant, pretentious, piece of garbage. Can’t wait to see the end of your d-mb charades.
I laugh at those that think IRM wants to be your QA or to point out your terrible work products? Trust us, we want nothing more than to pass your work but when you give us such cr-p, it jeopardizes our own reputations to not call it out. When I actually get a partner in the FL who knows their cr-p or actually understands risk and how to mitigate it appropriately, I breathe a sign of relief and can’t wait to pass their stuff along. Don’t fight with the SMEs over a risk type that you know nothing about, it just wastes everyone’s time.
Nothings has changed. A tiger can’t change its stripes. Many corrupt tenured executives are thriving and operating as they did before.
Shocking that the looney with the axe to grind with Risk has also been taken in by the Musk propaganda. Anybody have a bridge to sell him?
Sorry to break it to you folks but IRM are not going anywhere anytime soon. They are an extension of government bureaucracy but paid out of shareholder rather than federal purse. They should be give the same Elon/Trump treatment as other bureaucrats in America.
Don’t judge the managers. Most of us would bend and break the rules for a $200k a year bonus.
@ja+1jmjjgkf8 - you have my respect. It takes real talent to rake in solid bonuses by making up cr*p and letting rest of the company pay for it. Extra kudos for having no self-respect and living like a rat.
@h8+1jmjjgkf8 Paranoid about your cr-ppy house of cards is what sounds like.
Haters are going to hate. And the best part of IRM is we all got solid bonuses su-king the life out of all you losers. Get your act together. That is what will eliminate us.
Best advice I got was to challenge and undermine these bloodsuckers at every opportunity …. especially IRM parasites. Their existence is based on creating uncertainty and insecurity about your work …behind your back. Now consent orders are lifting and risk programs are closing they have even less to hang their jobs on and so they are making stuff up to keep their jobs. Avoid their company as much as you can. give them nothing or you will regret it.
Not surprised given that it is a Good Ol' Boys club and they call all the shots.
I echo that and could not agree with you more.
@eq+1jmjjgkf8 Do they not cover punctuation in ESL these days?
Exactly! And ironically I see ORBO and other IRM teams hiring in the states to oversee businesses that are cutting left and right. Must be nice!
Until folks in risk ar OC -1 and OC -2 don’t retire or die nothing will change in wells. They are reason why we are stuck in penalty box. They continue to misrepresent true picture of our risk just to make their jobs. My team spends more money of managing IRM and BS they create than on technology that will help us manage risk.
Sour pu-s? Lighten up ! Truth always hurts.
lmao no you are not
I work in risk. I am being told to make up excuses to spend time with the business
Wow, the crazy guy is really invested in pushing this bizarre narrative. He must be a huge fu-kup for Risk to be such a thorn in his side that he pretends to be other people to confirm the fake rumor he keeps trying to get going on here.
Poor managers standout on survey participation results.
Risk is being replace with frameworks and AI. Started over 5 years ago. Agus Sudjianto https://www.youtube.com/watch?v=mG4oTLESC2E CFPB is about to be cut by DOGE. Once the processes and data are mapped AI will take over. Maybe banks can follow the golden age of government.
I know a whole lot of those directors and executives that have been around for decades and despite their incompetence and questionable ethics, they have survive because they know how to grease the right wheels and rods.
I was in Risk. Offered a relocation package. I was able to find a better job while telling WF I was relocating. Small batches are being let go. And they are not backfilling the positions, like another poster stated, my job was probably slated for India. For what it’s worth, I sleep better at night and I’m less stressed. The waiting game was the worst.
heard that total of around 30 got eliminated in model risk team on feb 4th.
risk is currently laying off through location strategy. some efficiency related layoff have been happening but smaller quantities. what is really happening is that anyone who leaves isn't being backfilled and most net new are in India
@aa+1jmjjgkf8, I concur. Those "corrupt decision makers" are the root causes of all violations.
Keep dreaming lmao
Beginning? They've been doing risk layoffs for years
Wells Fargo as a company has caused so many regulatory violations including some big ones. In order to stop the bleeding, we have to fire all toxic managers and executives. They are the ones who constantly get Wells Fargo into trouble. We have to remove the root causes.
Risk parasites are the reason why Wells Fargo has been unable to get out of the penalty box for such a long time. These bloodsuckers are the problem not the solution. I can’t wait for the purge.
It'll happen sooner or later once we get rid of the remaining 4 consent orders and the asset cap.
There will still be a maintain risk team, but not the catch up fix it teams
Lol, good luck with that. It's been that way in risk for years and until the consent order is lifted there is no way that CS will risk additional focus from regulators by laying off a lot of the risk folks. Not saying there can't be any but it won't be a lot, I'm in risk and still hoping for my golden ticket.