- Wells Fargo International Solutions Private Ltd, Centralized Credit Risk Monitoring Team (CCRM Team) is seeking a strong and self-driven candidate for the role of Business Execution Consultant/AVP. This role provides an opportunity to join the centralized credit risk-oriented team that delivers key oversight for specific credit initiatives and activities across the wholesale lending platform.
In this role, you will:
• Review Underwriting memo, credit agreements and related lending documents.
• Participate in planning and executing a variety of programs, services, and initiatives, and monitor key performing indicators, to ensure effective performance and control management of assigned operations or business groups.
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• Financial statement analysis to ensure adherence to policy.
• 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.
• Responsible for conducting quality reviews for transactions/Credit Actions regularly.
• As a team member you will also be responsible for process trainings for the new hires / colleagues.
• Conduct regular calls with Lines of Business on quality and secondary reviews performed.
• Monitoring a risk-based program to identify and mitigate any operational risk that arises from inadequate or failed internal processes, people, systems, or external events or may provide oversight of an operational risk program.
• Participates in and provide consulting view and support for projects and initiatives with moderate risk to identify and mitigate operational risk in business activities.
• Manage multiple LOB relationships by being their primary contact for problem resolution & Escalations.
• Responsible for overviewing reviews performed by the team member in event of Judgement based workflows or contrary views of Reviewers with LOB/Underwriters and play instrumental role in resolution of the conflict.
Required Qualifications:
• Master / Professional education in Finance.
• 5+ years of experience in Banking Industry, within which exposure to credit risk management teams or processes.
• Experience in understanding of financial statement and financial analysis, with exposure in wholesale lending as an underwriter or reviewer.
• Exposure to U.S financials and analysis, would be an added advantage.
• Excellent verbal, written, and interpersonal communication skills.
• Exposure, to identify learning and value adding opportunities in procedure/workflow.
• Analyzes & interprets various data to remediate risk.
• Strong analytical skills with high attention to detail and accuracy.
• Excel VBA, Power BI and SQL would be added advantage.
• Reporting specialist for developing and maintaining complex reports and dashboards to support process.
Behavioral Competency:
• Make a significant contribution toward achieving team goals through knowledge and skills.
• Make constructive efforts to change and improve based on feedback.
• Maintain high standards of performance and integrity.
• Communicate clearly and concisely.
In this role, you will:
• Review Underwriting memo, credit agreements and related lending documents.
• Participate in planning and executing a variety of programs, services, and initiatives, and monitor key performing indicators, to ensure effective performance and control management of assigned operations or business groups.
• Financial statement analysis to ensure adherence to policy.
• 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.
• Responsible for conducting quality reviews for transactions/Credit Actions regularly.
• As a team member you will also be responsible for process trainings for the new hires / colleagues.
• Conduct regular calls with Lines of Business on quality and secondary reviews performed.
• Monitoring a risk-based program to identify and mitigate any operational risk that arises from inadequate or failed internal processes, people, systems, or external events or may provide oversight of an operational risk program.
• Participates in and provide consulting view and support for projects and initiatives with moderate risk to identify and mitigate operational risk in business activities.
• Manage multiple LOB relationships by being their primary contact for problem resolution & Escalations.
• Responsible for overviewing reviews performed by the team member in event of Judgement based workflows or contrary views of Reviewers with LOB/Underwriters and play instrumental role in resolution of the conflict.
Posting End Date:
31 Oct 2024
*Job posting may come down early due to volume of applicants.
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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.
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