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Business Execution Associate

AT Wells Fargo
Wells Fargo

Business Execution Associate

Hyderabad, India

About this role:

Wells Fargo is seeking a Business Execution Associate. The role requires a strong demonstration on technical, functional, and job-specific knowledge required. Accurately process high volumes of work, within established deadlines. Examines and delivers as per the required quality, following the laid down procedures and under guidance. Constructively challenge the usual approach to doing things and find new and better ways to do the job.

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

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Extracting and aggregating KRI information regarding technology risk from multiple SORs, Data extraction methods will be determined based on the SOR (System of Record). Other systems will support exporting reports to Excel where the processor will need to align and combine data across multiple sources for reporting to the Commercial Banking lines of business.

The processor will be expected to develop technology risk reports on monthly basis that include technology risk data from the SORs. The processor will help develop the report template and identify appropriate KRIs for inclusion. Track outage, production releases, change management, and development plans for critical/high applications supporting critical processes. Aggregate data for reporting for each application by LOB. Track Commercial Banking Issues related to technology and EIT issues related to Commercial Banking Business, identifying past/coming due end dates for closure and associated corrective actions. Aggregate information for LOB technology risk reporting.

Develop and enhance monthly technology risk reporting at LOB level for Commercial Banking Business with target audience of ORM, LOB control groups, process owners, EIT, and EIT RM teams.

Review various technology risk reports from TRMO, EIT, EIT RM, and other various sources to scrape relative data for inclusion in LOB technology risk reporting.

Other duties listed below are required to maintain the foundational information needed to complete duties listed above.
  • .Develop and maintain list of applications used in Commercial Banking by LOB and application criticality.
  • Develop and maintain list of Commercial Banking processes by LOB, noting criticality of the
    process and applications used in the process.
  • Track EIT application risk assessments to determine next assessment date, identifying past/coming due assessments.
  • Extract and align data from multiple SORs to enhance technology risk reporting as BAU
    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 noncompliance of processes, operational errors, and data integrity issues in all applicable processes Build a high-performing reporting capability serving the Commercial Banking business (LOB)
  • Build a high-performing reporting capability serving the Commercial Banking business (LOB)
  • Ensure all business/process documents like SLAs, BPDs, BCP, SIPOCs, KOPs are created and updated on a timely manner and are being signed off accordingly and creating training materials on various subjects
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:
  • University degree in Business or related discipline
  • Experience in one or a combination of the following: Risk and Compliance management, financial services, reporting and analysis
  • Strong Reporting and Analytics
  • Strong in Technology Risk Concepts
  • Multi-task to accomplish tasks effectively
  • Knowledge and a broad background in Commercial Banking
  • Good understanding of Operational Risk and Process Risk and Controls
  • Accurately process high volumes of work, within established deadlines
  • Proficiency in Office Suite (Excel, Word, PowerPoint, Outlook) and SharePoint
  • Proficient in reporting and presentation skills
  • Knowledge on SQL, Tableau, Power BI
Job Expectations:
  • Good Verbal and Written Communication Skill
  • Ability To Interpret data
  • Analytical skills
  • Quick learner
  • Attention to Detail
  • Stake Holder Management
  • Consistently meet or exceed commitments
  • Maintain high standards of performance
Posting End Date:

*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.

Client-provided location(s): Hyderabad, Telangana, India
Job ID: WellsFargo-R-402047
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • FSA
    • HSA
    • Mental Health Benefits
    • Short-Term Disability
    • Long-Term Disability
  • Parental Benefits

    • Adoption Assistance Program
    • Family Support Resources
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Return-to-Work Program
  • Work Flexibility

    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K) With Company Matching
    • Performance Bonus
    • Stock Purchase Program
  • Professional Development

    • Tuition Reimbursement
    • Access to Online Courses
    • Internship Program
    • Associate or Rotational Training Program
    • Promote From Within
    • Mentor Program
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program
    • Unconscious Bias Training

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