Business Execution Associate

4 months ago

Bengaluru Karnataka, India Wells Fargo Full time

**About this role**:
Wells Fargo is seeking a Business Execution Associate

**In this role, you will**:

- Participate in planning and executing a variety of programs, services, and initiatives, and monitor key indicators to ensure effective performance and control management of assigned operations or business groups
- Review basic initiatives including policy or process changes, process improvements, technology enhancements, and conduct regular reviews to identify efficiencies and cost savings opportunities
- Receive direction from leaders and exercise independent judgement while developing an understanding of policies and procedures, best practices, and initiatives
- Collaborate and consult with mid-level managers or cross-functional business partners
- Provide work direction to less experienced Strategy and Execution staff

**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**:

- Good knowledge of Ariba and SAP tools
- Excellent verbal and written communication skills - need to interact with Third Party vendors.
- Contract negotiation with stakeholders
- Contract Lifecycle management
- Third Party Risk Assessment

**Job Expectations**:
Primary Business Liaison (PBL) Activities
- The PBL sits within a business group or enterprise function, manages the outsourcing process, and is accountable for managing the third-party engagement in compliance with policy.
- The PBL must understand the contract details and the inherent and residual risks the third party represents to Wells Fargo.
- The PBL monitors and manages the third party's performance to the contract and reports the output of these activities to the business owner, relationship manager, and TPP.
- The PBL is accountable for reviewing and approving TPP life cycle requirements.

Relationship Manger (RM) Activities:

- The PBL sits within a business group or enterprise function, manages the outsourcing process and is accountable for managing the third-party engagement in compliance with policy.
- The RM reinforces third-party performance and risk-management expectations.
- The RM is responsible for managing escalations from the business owner or Supply Chain Management related to third-party contract compliance, performance, and ability or willingness to meet TPP life cycle requirements (including monitoring third-party regulatory compliance).
- The RM will be responsible for reviewing all negative news alerts and will follow TPP guidelines if it is determined to be material.

**Posting End Date**:
2 Sep 2024
**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 and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to 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. There is 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.

**Applicants with Disabilities**

**Drug and Alcohol Policy**

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

**Wells Fargo Recruitment and Hiring Requirements**:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

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