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Job Description
- About this role:
As a Business Execution Consultant at Wells Fargo, you will be responsible for participating in various business operations to ensure the achievement of business goals and objectives. Your role will involve identifying opportunities for process improvement by conducting root cause testing of compliance and business metrics. You will need to determine areas of strength and opportunities for business execution within the defined scope of work. Additionally, you will review strategies and action plans to establish effective processes while meeting performance metrics and policy expectations. Your role will require you to utilize independent judgment to guide moderate-risk deliverables and present recommendations for strategic approaches, effectiveness of support functions, and business performance improvement opportunities. You will also collaborate with leaders and executive management, provide work direction to less experienced Strategy and Execution staff, and exercise independent judgment in diverse support functions and operations within a single business group.
Required Qualifications:
- 2+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through a combination of work experience, training, military experience, or education
Desired Qualifications:
- Strong experience in Risk management, Audit, or RCSA
- Experience in risk disciplines such as Information Security, Business Continuity, Data Privacy, operational risk, financial crime, or regulatory compliance is advantageous
- Proficiency in Microsoft tools (Excel, PowerPoint, Word)
- Excellent communication skills in English, both oral and written
Job Expectations:
Your responsibilities will include understanding and analyzing the need for a Third Party and the associated Risks during engagement processes. You must have in-depth knowledge of the Third-Party Due Diligence process, identifying, assessing, and mitigating third-party risks during onboarding, ongoing monitoring, and termination processes. You will be required to gather information on services, evaluate them, finalize compliance and risk evaluations, and update them in the tool as part of due diligence activities. Additionally, you will serve as a Subject Matter Expert to identify and address key third-party related risks, translate the risks to the Line of Business, and address requirements and concerns. You will review and research strategies and action plans to establish effective processes while meeting performance metrics and policy expectations. Furthermore, you will develop expertise in the Enterprise Third-Party Risk Management policies.
Posting End Date:
4 Mar 2025. Please note that the job posting may close early due to a high volume of applicants.
We Value Diversity:
Wells Fargo values diversity and encourages applications from all qualified candidates, including women, persons with disabilities, aboriginal peoples, and visible minorities. Accommodations for applicants with disabilities are available upon request during the recruitment process.
Candidates applying to job openings posted in Canada:
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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.,
Skills
Data PrivacyImplementationProcess ImprovementBusiness ContinuityData PrivacyCommunication SkillsRCSARegulatory ComplianceInformation SecurityOperational RiskMicrosoft ExcelMicrosoft WordAuditRisk ManagementMicrosoft PowerPointFinancial CrimeIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Wells Fargo & Company is an American multinational financial services company with a significant global presence, operating in 35 countries and serving over 70 million customers worldwide. It is one of the “Big Four” banks in the United States, alongside JPMorgan Chase, Bank of America, and Citigroup, and is designated as a systemically important financial institution by the Financial Stability Board.
Founded in 1852 by Henry Wells and William G. Fargo, the company’s primary subsidiary is Wells Fargo Bank, N.A., headquartered in Sioux Falls, South Dakota for legal purposes. Wells Fargo is the fourth‑largest bank in the U.S. by total assets and ranks among the largest by deposits and market capitalization. It operates over 8,000 branches, 13,000 ATMs, and is a leading retail mortgage originator and servicer in the U.S., with a servicing portfolio exceeding $1.8 trillion.
In India, Wells Fargo began operations in 2006 with Wells Fargo India Solutions and has since expanded to major offices in Hyderabad, Bengaluru, and Chennai. The India teams support nearly all of Wells Fargo’s business lines, delivering services in technology, operations, risk, analytics, and corporate functions. India is a critical hub in the bank’s global delivery strategy, focusing on innovation, operational excellence, and strong risk management.
Important dates & deadlines?
Application Deadline
21 Oct 25, 02:30 PM IST
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Business Consultant - Third Party Risk Management
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