Business Execution Associate

2 months ago

Bengaluru Karnataka, India Wells Fargo Full time

**About the Role**

Wells Fargo is seeking a Business Execution Associate. We believe in the power of working together because great ideas can come from anyone. Through collaboration, any employee can have an impact and make a difference for the entire company. Explore opportunities with us for a career in a supportive environment where you can learn and grow."

The role requires a strong demonstration on technical, functional, and job-specific knowledge required. Accurately process high volumes of work, within established deadlines. Examines and delivers as per the required quality, following the laid down procedures and under guidance. Constructively challenge the usual approach to doing things, and find new and better ways to do the job

**In this role, you will**:

- Support Commercial Banking lines of business in Reporting, Data mining and Analysis. The Key responsibilities, include and are not restricted to:

- Build a high-performing reporting capability serving the Wholesale lines of business (LOB)
- Reviewing, enriching and reporting the newly created Operational Losses over 10K, Internal Losses over 500K and External Losses over 5MM, Near Misses, Quality Assurance Report, LoB Monthly & Quarterly Loss Reports, OCC/FRB, Issues Management to the Risk Officers, LOBs, Payment Risks and many others to drive real-life enhancements in the way of managing risk
- Meet FRB/OCC regulatory requirements by providing a comprehensive view of operational losses for Wholesale businesses and also provides a Business summary review to Wholesale Risk Leadership team facilitating discussion on the operational losses, root causes, emerging trends and remediation efforts
- Broaden the scope of monitoring and reporting key metrics on Operational Risk frame across Wholesale Line Of Business and also to include risk types not previously scoped into the operational risk governance structure
- Develop metrics to provide insight into trends and an early warning of potential changes to the risk profile, as well as key process indicators and key control indicators to monitor performance of processes and controls
- Build 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.
- Proactively identify, communicate, mitigate, and escalate risk originating from non-compliance of processes, operational errors, and data integrity issues in all applicable processes.
- Actively manage risk throughout the change management lifecycle as it relates to executing Efficiency & Effectiveness (E&E) initiatives.
- Accountable for execution of risk programs (Technology, Financial Crimes, Operational Risk, Information Security, Regulatory Compliance), which includes effectively following, and adhering to and if 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.
- 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.
- Adherence to agreed project timelines within and across the teams and ensure timely reporting of any differences and address all project/assignment related queries/escalations.

**Required Qualifications**:

- 6+ months of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

**Desired qualifications**:

- 6+months minimum experience in Business execution from total experience
- University degree in Business or related discipline
- 6+ months of relevant experience in Risk domain
- Key Risk Indicators (KRI) administration, reporting and analysis.
- Quality assurance design and execution across all programs
- Operational loss analysis and reporting
- Enhance and maintain desktop procedures.
- Credible challenge reporting and analysis for observations and recommendations
- Project Management
- Data Analytics and Insights

**Other requirements and specifications**:

- Demonstrate technical, functional, and job-specific knowledge required.
- Constructively challenge the usual approach to doing things and find new and better ways to do the job.
- Excellent communication and relationship/partnership building skills.
- Demonstrate a curiosity toward learning.
- Consistently meet or exceed commitments.
- Maintain high standards of performance.
- Go above and beyond what needs to be done without being told.
- Communicate clearly.

**Posting End Date**:
**Job posting may come down early due to volume of applicants.**

**We Value Diversity**

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating

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