You have no accountability, no substance, no ability, no skill, no common sense, no business sense, no sense whatsoever, no insight, no utility, no value, no clue. Nobody knows what you do. No one needs you. No one will miss you when you go. Everybody knows ura joke. So have some dignity and go get a real job.
Yours truly
The LOB you leach
Everyone has a role to play. No business should operate without oversight, checks and balances and if that bothers you, then perhaps you are at the wrong place or perhaps you just aren’t smart enough to understand.
My risk dude is an idy00t. He keeps forgetting his own points. misreads RCSA that he himself signed off!!!!! He’s so terrible at explaining things leaves everyone confused.
Don’t be so butthurt that IRM calls you on your cr-p but I’m sure it makes you feel better to say we don’t know anything. Remember the “run it like you own it” culture is what got us here in the first place. The business couldn’t tell you their risk if their lives depended on it.
Ponder this for a moment. We are told to self identify issues. In some cases we may be judged on how many issues we self report as part of our performance. If we self report then we have to fix the issue in a given time. The ORM just seems to either agree it’s an issue or not. In many cases the ORM does little to help self identify. In other cases we are berated if the ORM discovers a legitimate issue before we self identify the issue. After the issue is documented, all the ORM does is make sure we are working the issue. Their goals do not align with our goals .
How fast would go in a car without breaks? Or how would consistently put parameters around the adoption of Machine Learning/ Artificial Intelligence? I agree the bank has been crippled by the Regulator’s ridiculous expectations to manage what feels like everything … but it’s the company’s over commitment to something they don’t want to understand. It, truly, is about business optimization and evidencing our core values. Wells Fargo did this to themselves by cutting corners and establishing a culture that incentives fraud. This company has failed to even get the fix for it right … it’s corporate mismanagement… followed by a blank check written to the governance functions that candidly over complicate everything. The pendulum will swing when these consent orders are lifted … but it’s only a matter of time … till this bank full of mediocre talent steps back into a big ole pile of stagecoach.
If you’ve been here longer than 5 years … you’re apart of the problem.
ORBO is a walking cheap fake video
This bank is reactive instead of proactive. Marketing, product vision and innovation, service design, integration, testing, test driven development, use case analysis and all other proactive tools are missing from this bank. This bank is always handling the current crisis or waiting for the next. Do not take employment in this bank if you wish to learn anything and/or have a fruitful career.
But but but…..let’s prepare a deck with things we don’t know anything about and send that around. That will solve all the problems!
This thread is good feedback for Op risk team and should be part of their mid-years. They need to stop acting so self important and drop the pretence they have a meaningful role to play at Wells Fargo.
The downvoted make it obvious that someone’s butthurt mad at you for exposing them 😂
I cannot wait for these jokers to try to find a job after hopefully finally getting laid off. They have no skill set outside of WFC and are literal glorified customer service reps given a promotion years ago to tick a box. Wave goodbye to your $150k+bonus. Hope you saved something because you’re about to find out that you barely qualify for a Walmart cart wrangler position
Hate to break it to you "@1yir+1t5ey0To" but you are completely delusional if you think they are "ensuring your work is correct, consistent, and of high quality". None of the things they are asking for has anything to do with those things. They don't know anything about what they are supposedly "ensuring" and they have no interest in the actual nuts and bolts. They are just there to pontificate about nonsense and collect a paycheck and act as if they are saving the bank from the wrath of the big bad regulators. They could all disappear tomorrow and wouldn't change a g0ddamn thing for good or worse.
Hate to break it to ya, "@1dwv+1t5ey0To ", but those box ticker roles are the ones keeping the company from paying million-dollar fines by ensuring your work is correct, consistent, and of high quality. It's die by a thousand cuts, so yes, the small box ticks are important. In fact, many of those roles are required to exist by regulators.
This thread just illustrates the toxic culture permeating the bank. Everyone, but the business especially, is overly concerned about others and the value they bring, while simultaneously shirking their own responsibilities and passing the buck. How about you try to practice some empathy, fill out the form they are asking of you, and get back to worrying about how you can make a difference instead of wasting time on this? Stop projecting your own issues onto others.
The Compliance folks are worthless garbage. Everything is on fire and the most important thing to them is you didn't fill out some form in some superfluous system you don't have access to. Lets not have the resources/people to QA anything but lets load up on overpaid box tickers who just play gotcha when you don't fill out something exactly in the way they want it. This place is insanely stupid.
ORBO is the biggest joke next to relocation strategy.
ORM/IRM management is just there to cover for the businesses
Man, I ain't mad at nobody!
Allow me to retort- Worked with audit lately? Sounds like someone received a bad write up and wants to get personal. Being in Risk su-ks. Many of us want to make a difference, but we can’t or don’t dare, there is no incentive to do so, quite the contrary. Many of us want to join the business, or even quit, we are deeply ashamed of the job, but are shackled by tenure, location, fear of exposure, paying for our children’s college tuition etc.
ORM Management promotes this and will and does retaliate if anyone rocks the boat or challenges their fake world of bogus copy and paste. We all know this, some talk of it, most don’t. Does anyone read the reports they chug out? Did not think so.
The only decisions made by mgt. tend to be against ORMs that want to make a difference never have any of us observed management taking a stand to do the “right thing”. There are a few of us that ignore the cowardice and toxic mgt. and try and work with the business, but the business has to do their part and often they don’t preferring to promote the narrative that we are not producing anything of value, OP reminds me of this. Thanks for being a PITA, we feel it.
If there is a problem, mgt. will turn their back, or worse join in on the bashing of the officer that got out of line.
So yes, we are a not so proud bunch of posers stuck in a cr-ppy job surrounded by cr-ppy people. Just like everyone else, no worse than all the rest including the OP. So thanks for the kick in the nuts, all I can say is after all we go through every day, “is that all you got bi+ch?” You sanctimonious azzhole.
"You have no accountability, no substance, no ability, no skill, no common sense, no business sense, no sense whatsoever, no insight, no utility, no value, no clue."
Ok.
"Nobody knows what you do"
Well, if that is true, then you would not know that they have no accountability, no substance, no ability, no skill, no common sense, no business sense, no sense whatsoever, no insight, no utility, no value, no clue.
Is that worst than thousands of folks sitting idle in Bangalore and other india locations?
If they give that money to me as bonus, i can do the work in half day.
Charlie is running a charity organization throwing money overseas.
I escaped risk with a paycut to work in the business. I’m much happier and no longer feel like I’m being subjected to the whims of nincompoops when it comes to my career.
I'm making good money in Risk. Not all of us are bad. Chill.
The second least capable person I ever worked with became an ORC. That's when I learned that the risk department was a bunch of m0r0ns.
WOW, what's this all anger and hatred towards Risk? But I don't blame people for getting angry because everything this thread is saying is all true. It's not about performance, contribution, accomplishments or value at all. I think it's all politics, toxic politics.
The reason risk pays more is because you are paid for spineless soulless kowtowing to an irrational deep-rooted paranoia of black swans. It does not pay for itself. I listen to you people in meetings trying to hear yourselves talk in feckless grasps for airtime, babbling about nothing in a two-dimensional language nobody understands. You have immobilized the entire company, now scared of its own shadow. Don’t let the pendulum knock you too hard on the way out the door.
yes
Um, is that documented in your RCSA?
I really don’t know why, but risk has always paid extremely well. Someone can be doing a basic reporting job in risk and paid nearly double what someone doing a very similar job in another area. It’s bizarre.