About the Role - Team Member will be part of Client Data Lifecycle Management (CDLM), which is responsible for a wide variety of activities that supports analyzing and maintaining client reference data to ensure Data Quality standards are maintained on our System of Records (SoR). Team member will work in the capacity of Data Steward and Business Analyst and be responsible for data remediation, root-cause analysis, requirement gathering, Data Analysis, etc. By ensuring accuracy and timeliness of data, we facilitate the business in achieving knowledge of products, markets and market related setups. You will also drive initiatives and provide solutions that will have an impact on client experience and risk mitigation.
In this role, you will:
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• Subject matter experts responsible for the quality of data within specific domains or business units.
• Act as liaisons between the data quality team and business units.
• Ensure data within their domain meets quality standards.
• Define data elements, business rules, and data quality criteria.
• Identify and resolve data quality issues.
• Collaborate with data owners and users to ensure data accuracy and completeness.
• Document and maintain metadata and data lineage.
• Work with the data quality team to understand business requirements.
• Understand and document business requirements for data quality.
• Ensure data quality initiatives meet business needs.
• Collaborate with business units to identify and prioritize data quality issues.
• Provide feedback to the data quality team on business impacts of data issues.
• Assist in defining data quality metrics and KPIs based on business needs.
• Providing effective thought leadership in navigating evolving industry trends, client needs, business growth, financial regulatory landscape and helping to develop solutions to build appropriate architecture
• Ensure and Adhere to the Regulatory Reporting standards, policies and procedures
• Become a risk manager by ensuring data integrity and challenging where required
• Engage in opportunities to review processes, analyze information, make decisions and recommendations and implement and monitor procedures
• Independently research and analyze regulatory reporting requirements and other financial documents
• Provide reporting to senior leadership and produce insightful analyses of the business upon request for management
Required Qualifications:
• Bachelor's degree in Accounting, Finance, or a business-related field is strongly preferred
• Previous experience in Operations and/or Financial Services industry - Relevant work experience of 10+ years in one or a combination of the following: Static Data Management, middle office, collateral, documentation, project management, business operations, strategic planning in financial services, regulatory oversight, AML/KYC, US tax regime & compliance and SSI setup and client onboarding
• Excellent communication skills both written and verbal
• Knowledge and understanding of Excel, PowerPoint, Word, Visio and adaptability to other software products
• Ability to research, compile, and perform complex analysis on critical operational data
• Be highly collaborative and team-oriented
• Demonstrate strong analytical and interpersonal skills
• Ability to work with impacted areas to understand complex problems
• Ability to work in a fast-paced, team oriented environment
• Strong multi-tasking abilities in a high performance, high demand environment
• Ability to think strategically, drive consensus and influence decision making
Desired Qualifications:
• Strong Knowledge of the banking regulatory reporting rules and regulations including FINRA, QFC and Dodd Frank regulations
• Understanding of client lifecycle activities, such as corporate actions including merger events
• Ability to independently research and analyze regulatory reporting requirements and other financial documents
• Extensive knowledge and understanding of CIB Market Products
• Advanced knowledge of trade processing life-cycle
• Advanced knowledge of the Microsoft applications including Excel, Access Database and Tableau
• Excellent teamwork skills
• Strong Analytic ability, with high attention to detail, accuracy and strong problem solving skills
• Ability to communicate (written/verbal) effectively at all organizational levels
• Excellent Interpersonal skills - ability to build relationships
• Ability to plan and organize workload within tight deadlines, meeting day-to-day objectives as well as longer term strategic goals
• Perform analysis of, and make recommendations on functionality/efficiency of established controls and processes to ensure appropriate risk based operational procedures are in place and are meeting regulatory requirements/expectations
• Proficiency in new age tools like, Power BI, Tableau, Alteryx, Xceptor, etc..,
Posting End Date:
21 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.
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