Business Execution Associate
Wells Fargo
About this role:
Wells Fargo is seeking a Business Execution Associate (WIM Risk Services). This position is in the Chief Administrative Office of the Wealth & Investment Management (WIM) business.
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:
- Strong experience in Risk/Control, Business Execution, Implementation, or Strategic Planning
- Experience in risk, control, and/or audit in a large financial institution.
- Detail-oriented with demonstrated ability to execute on multiple competing priorities within prescribed timelines.
- Direct experience executing controls and/or testing controls.
- Expert communicator (verbal/written) with ability to collaborate with business partners at all levels of an organization to achieve shared objectives.
- Experience with reporting, research, and associated root cause analysis; Ability to aggregate data to identify trends and effectively report findings to leadership.
- Results-oriented and resourceful team member; ability to proactively resolve issues.
- Acts with courage, ethics and integrity, and provides appropriate credible challenge.
- Proficiency in Excel and other Microsoft Office products (Power Point, Word).
- Demonstrated ability to continuously learn, evolve and solve complex problems in a logical and useable manner.
Job Expectations:
The Risk Services Associate is responsible for supporting the following risk programs:
- Operational Risk Events (ORE)
- New Business Initiatives (NBI)
- External Loss Events (ELE)
- Fiduciary & Investment Risk
- Business Level Scenario Analysis (BLSA)
- Volcker Rule
- Front Line Compliance, Transaction Processing & Execution (TP&E), and Financial/Tax Reporting
- Technology, Information Security, & Insider Threat
- Information Management
- Privacy
- Accessibility
- Regulatory Change Management
- Execute process support and control activities including governance/monitoring, data quality reviews, quality monitoring, and record retention activities.
- Develop close partnerships with the aligned risk program leaders to identify, implement, and mitigate risk.
- Exercise independent judgment to guide moderate risk deliverables and provide guidance / coaching in diverse support functions and operations.
- Interact with leaders to address business needs related to the associated risk program activities and consult with business leaders and peers on associated findings.
- Participate in a variety of assigned and ongoing business operations to ensure success in meeting business goals and objectives.
- Identify opportunities for process improvement through hands-on execution.
- Present recommendations to develop, implement, and monitor strategic approaches, effectiveness of support function, and business performance improvement opportunities for managing risks of the business.
- Establish an effective Management review process including routine reporting.
Posting End Date:
19 Jan 2025*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.
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.