About this role:
Wells Fargo is seeking a Lead Business Execution Consultant
To manage models within the CIB Model and EUCT Risk Governance team. The role will support efficient and effective compliance of Model Policy and Procedures and the documentation of model-level control activities, and the retention of evidence of control execution. We are looking for a results-driven individual who has a strong understanding of access management, change management, and input and output controls. Attention to detail is critical.
Department Overview
Model and EUCT Governance is responsible for the overall strategy, technology, governance, and training routines associated with managing model and end-user computing tool (EUCT) risk at Wells Fargo. This front-line team within Corporate and Investment Banking (CIB) partners with all lines of business and support functions, as well as the Model and EUCT Independent Risk Management team, to ensure successful implementation and execution of the Model Risk Management and EUCT policies.
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In this role, you will:
- Lead cross functional teams to strategize, plan, and execute a variety of programs, services and initiatives
- Drive accountability for assigned initiatives, limit risk exposure, and create efficiencies as appropriate
- Review strategic approaches and effectiveness of support function and business performance
- Perform assessments through fact finding and data requiring creative approaches to solving complex issues, and develop appropriate solutions or recommendations
- Make decisions in highly complex and multifaceted situations requiring solid understanding of business group's functional area or products, facilitate decision making and issue resolution, and support implementation of developed solutions and plans
- Collaborate and consult with members of the Business Execution team and team leaders to drive strategic initiatives
- Influence, guide and lead less experienced Strategy and Execution staff within the group
- 5+ 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
- Ensure control-level activities are completed in a timely / precise manner, maintain evidence in required template, and store evidence in the system of record.
- Escalate business responsiveness issues or concerns
- Ensure credible challenge of documented controls
- Collaborate and consult with members of the CIB Model and EUCT
- Governance team to drive strategic initiatives
- Provide support for model activities
- Identify and recommend opportunities for process improvement initiatives to optimize operational effectiveness and efficiencies
- Contribute as a Subject Matter Expert (SME) to the CIB Model and EUCT Governance team on control level requirements.
- Experience in independent risk management, governance, or process driven roles in Capital Markets.
- Effective communication with Business Groups (i.e. excellent verbal, written, and interpersonal communication skills)
- Familiarity with Capital Markets such as FX, Structured Products, Equity Markets and CRE (Commercial Real Estate)
- Subject matter expertise in Model and EUCT Risk Management policy and its implementation
- Demonstrated ability to develop partnerships and collaborate with other business and functional areas
- Strong communication, interpersonal and leadership abilities
- Experience in working across one or more geographic territories or regions especially with teams in the US.
22 Nov 2024
*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.