Business Execution Associate
2 weeks ago
At Wells Fargo, we are seeking a skilled Business Execution Associate to join our team. This role requires a strong focus on risk management and commercial banking expertise, with a keen eye for detail and a passion for delivering high-quality results.
The ideal candidate will have experience in business execution, implementation, or strategic planning, with a proven track record of success in a commercial banking or risk management environment. A strong understanding of key risk indicators (KRIs) and quality assurance design is also essential.
Key Responsibilities:
- Support Commercial Banking lines of business in Reporting, Data mining and Analysis
- 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
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:
- 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
We are an equal opportunity employer and welcome applications from all qualified candidates. All applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
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