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Wells Fargo is seeking a Senior Business Execution Consultant.
Job Responsibility:
Lead support functions or operations for multiple business groups and contribute to large scale strategic initiatives
Ensure efficiency, quality, cost effectiveness of solutions, and pipeline management relating to assigned operations
Research moderately complex business, operational, and strategic initiatives that require analytical skills, basic knowledge of organizational strategy and Business Execution, and understanding of international business
Work independently to make recommendations for support function by providing support and leadership
Assist in the planning and execution of a variety of programs and initiatives that may include risk mitigation, efficiency, and customer experience
Collaborate and consult with team leaders in developing project plans, policies and procedures
Provide leadership in management of relationships and implementation of programs, services, and initiatives with cross functional business partners
Understanding and analyze the need for a Third Party and the Risks that it could come with during the process of engagement
In-depth knowledge of Third-Party Due Diligence process of Identifying, assessing, and mitigating third party risks during and after entering contracts during onboarding, ongoing monitoring, and termination processes
In depth understanding on different type of Services and engagements with the third-Party Service provider
Gathering information from business on the service, evaluating them, finalizing compliance and risk evaluations, and updating them in the tool as a part of Due diligence activities
Follow up with the Risk Partners and provide adequate responses incase of any questions / queries about the provided responses – Collaborate with Lines of Business and other required stakeholders
Serving as a Subject Matter Expert (SME) to identify and address key third party related risks and areas of concern associated with new and existing third-party relationships.
Ability to translate the Risk Entities to the Line of business and address the requirements and concerns
Determine areas of strength or Business Execution opportunity within defined scope of work
Review and research strategies and action plans to establish effective processes while meeting performance metrics and policy expectations.
Present recommendations to develop, implement and monitor strategic approaches, effectiveness of support function, and business performance improvement opportunities for managing risks of the business.
Ability to challenge Lines of Business if needed during the process of Risk evaluation and also provide interim/ adequate communication wherever needed
Requirements:
4+ years 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
Nice to have:
Experience in TPRM, operational risk management, cyber security, information security.
Certified in CRISC, CIPM, ISO 27000 would be an added advantage.