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Business Execution Associate

Employer
WELLS FARGO BANK
Location
Bangalore BENGALURU, Karnataka Karnataka, Karnataka, India
Salary
Competitive Salary
Closing date
Jun 24, 2024

View more

Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
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:
  • The Primary Responsibilities would be to assess, measure, monitor, control and report Operational Risk Events and evaluate whether the Risk Management Practices and its documentation are in-line with ORE Policy and FRB/OCC regulatory requirements
  • Monitor and report Key Risk indicator for the business units
  • Reviewing, enriching and reporting the newly created Operational Losses/Near Misses events, Quality Assurance Report.
  • Proactively identify, communicate, mitigate and escalate risk originating from non-compliance of processes, operational errors, and data integrity issues in all applicable processes
  • Meet FRB/OCC regulatory requirements by providing a comprehensive view of operational losses and also provides a Business summary review to Risk Leadership team facilitating discussion on the operational losses, root causes, emerging trends and remediation efforts
  • 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
  • Continuous interactions with central functions and Sub-Lob's to reinforce the objectives of Operational Risk in strengthening of the process and avoiding operational Risk events for the company
  • Accountable for execution of Operational Risk programs 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
  • Participate in a variety of assigned and ongoing business operations to ensure success in meeting business goals and objectives.
  • University degree in Business or related discipline
  • 3+ years of experience in one or a combination of the following
  • Operational Risk domain experience
  • 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
  • Experience in process review activity (QA/control testing or audit) will be preferred.
  • Demonstrate 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 and concisely.
Job Expectations:
  • Shift timings 1:30pm-10:30pm
Posting End Date:

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: All qualified 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.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

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

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