Business Execution Associate Job in Bengaluru at Wells Fargo

Wells Fargo is hiring for the role of Business Execution Associate!

Responsibilities of the Candidate:

• Support Commercial Banking lines of business in Reporting, Data mining, and Analysis. The Key responsibilities include and are not restricted to:
• Build a high-performing reporting capability serving the Wholesale lines of business (LOB)
• 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.
• Proactively identify, communicate, mitigate, and escalate risk originating from non-compliance of processes, operational errors, and data integrity issues in all applicable processes.
• Actively manage risk throughout the change management lifecycle as it relates to executing Efficiency & Effectiveness (E&E) initiatives.
• Accountable for execution of risk programs (Technology, Financial Crimes, Operational Risk, Information Security, Regulatory Compliance), 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.
• 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.
• Adherence to agreed project timelines within and across the teams and ensure timely reporting of any differences and address all project/assignment-related queries/escalations.