Business Execution Consultant
Published date: 2024/01/10
- Location: Bengaluru , Karnataka, India
Department Overview
Commercial Banking is accountable for holistically assessing, aggregating, and effectively managing risks across all risk types and CB lines of business. It has three main programs: Business Control, Risk Control, and Cross-Functional Control.
About the Role
Wells Fargo is seeking a Business Execution Consultant in Financial Crimes Risk as part of Commercial Banking. The Business Execution Consultant will be part of the Commercial Banking Financial Crimes (CBFCR) - Financial Crimes Quality Assurance (FCQA) team. The Business Execution Consultant will be assigned to sustainability testing on CB programs and design and execute on review activities for both BAU (Business as Usual) programs and issue management corrective actions to ensure process and controls are functioning effectively and communicating output to assigned business groups.
In this role you will:
Participate in a variety of assigned and ongoing assurance reviews to ensure success in meeting business goals and objectives
Determine areas of strength or opportunities within defined scope of work
Review and research strategies and action plans to establish effective processes while meeting performance metrics and policy expectations
Utilize independent judgement to guide moderate risk deliverables
Partner with the onshore team to present recommendations to develop, implement and monitor strategic approaches, effectiveness of support function
Exercise independent judgment and provide guidance and justifications in during exceptions
Collaborate and consult with leaders and executive management
Provide work direction to less experienced staff
Partner to plan and execute a variety of new initiatives, remediations or special projects
Review basic initiatives including policy or process changes, process improvements, technology enhancements and conduct regular reviews to identify efficiencies and cost saving opportunities
Take lead to prepare the monthly business reviews, dashboards and to ensure the metrics are created and shared with the leadership team
Fully aware of Business Continuity and resiliency plans and participate in simulation exercises
Essential Qualifications
Bachelor's degree in business, finance or economics.
Experience of more than 7+ years
Knowledge in Risk management
Strong analytical skills
Fluency in English (written and verbal)
Desired Qualifications
Demonstrated ability to work as part of a team, actively participate in projects/discussions, work through problems and help reach decisions that are in the best interest of the Company and our customers
Highly motivated, well-organized and able to executive responsibilities with minimal supervision; ability to prioritize multiple tasks; and bring tasks to completion within established timeframes
Certified Anti Money Laundering Specialist (CAMS) certification or equivalent
Ability to take initiative, identify opportunities and implement change
Exposure and proven track records in reporting and MIS
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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Hiring Insights
Commercial Banking is accountable for holistically assessing, aggregating, and effectively managing risks across all risk types and CB lines of business. It has three main programs: Business Control, Risk Control, and Cross-Functional Control.
About the Role
Wells Fargo is seeking a Business Execution Consultant in Financial Crimes Risk as part of Commercial Banking. The Business Execution Consultant will be part of the Commercial Banking Financial Crimes (CBFCR) - Financial Crimes Quality Assurance (FCQA) team. The Business Execution Consultant will be assigned to sustainability testing on CB programs and design and execute on review activities for both BAU (Business as Usual) programs and issue management corrective actions to ensure process and controls are functioning effectively and communicating output to assigned business groups.
In this role you will:
Participate in a variety of assigned and ongoing assurance reviews to ensure success in meeting business goals and objectives
Determine areas of strength or opportunities within defined scope of work
Review and research strategies and action plans to establish effective processes while meeting performance metrics and policy expectations
Utilize independent judgement to guide moderate risk deliverables
Partner with the onshore team to present recommendations to develop, implement and monitor strategic approaches, effectiveness of support function
Exercise independent judgment and provide guidance and justifications in during exceptions
Collaborate and consult with leaders and executive management
Provide work direction to less experienced staff
Partner to plan and execute a variety of new initiatives, remediations or special projects
Review basic initiatives including policy or process changes, process improvements, technology enhancements and conduct regular reviews to identify efficiencies and cost saving opportunities
Take lead to prepare the monthly business reviews, dashboards and to ensure the metrics are created and shared with the leadership team
Fully aware of Business Continuity and resiliency plans and participate in simulation exercises
Essential Qualifications
Bachelor's degree in business, finance or economics.
Experience of more than 7+ years
Knowledge in Risk management
Strong analytical skills
Fluency in English (written and verbal)
Desired Qualifications
Demonstrated ability to work as part of a team, actively participate in projects/discussions, work through problems and help reach decisions that are in the best interest of the Company and our customers
Highly motivated, well-organized and able to executive responsibilities with minimal supervision; ability to prioritize multiple tasks; and bring tasks to completion within established timeframes
Certified Anti Money Laundering Specialist (CAMS) certification or equivalent
Ability to take initiative, identify opportunities and implement change
Exposure and proven track records in reporting and MIS
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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Hiring Insights
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