Business Execution Consultant Operational Risk Management Compliance Job In The Wells Fargo Foundation In Chennai, India

About the RoleThis position will report into the Finance Operational Risk & Compliance Leader This role is responsible for leading implementations across all risk types of corporate policies and procedures The Business Execution Consultant is responsible for effectively managing the day-to-day operational risk and compliance requirements of the corporate policies and procedures and regulatory requirements The individual will partner with US leads to implement the various Operational Risk & Compliance Programs such as Resiliency, Third-Party, Privacy & Data Management Risk, Information Security, and Operational Risk Events (ORE) This role may expand to other risk-based activities over time.

Responsibilities

• Responsible for implementing and monitoring risk-based programs to identify, assess and mitigate any operational risk that arises from inadequate or failed internal processes, people, systems or external events, while maintaining a balance between risk mitigation and operational efficiency
• Support the function in various capacities in activities such as, but not limited to, Resiliency, Third-Party, Privacy & Data Management Risk, Information Security, Audit responses and other requirements that may arise from Enterprise programs & local regulations
• Gap assessment against policy requirements, develop action plans and create SHRP issues for implementation action plans as needed, file extensions and exceptions for the policy as needed
• Develop and update procedures based on new policy requirements
• Develop metrics for risk measurement based on their respective policy/program requirements
• Support execution of implementation action plan
• Perform risk and control identification and assessments, testing, monitoring and assurance activities as needed
• Develop artifacts like training, strategic plans, issue summary and other analysis documents required by the policy
• Identify, assess, and aggregate current and emerging Compliance, Reputational & Operational risks for Enterprise Finance and escalate following established escalation protocols
• Support regulatory relations & audit coordination for Finance to ensure a proactive, strategic, coordinated, comprehensive, and consistent approach to those interactions as outlined in the Risk Management Framework

Under Market Skills and Certifications:Essential Qualifications

• University degree in Business or related discipline.
  
  
• Experience of more than 8 years in one or combination of any of the following:
  • 5+ years of experience in Regulatory Compliance, Policy Management
  • 5+ years of experience in Operational Risk Management
• Knowledge of the Operational Risk Framework and disciplines primarily in the Banking industry and its related operations
• Critical thinking with high attention to detail and accuracy
• Fluency in English Excellent verbal, written, and interpersonal communication skills
• Experience with developing and creating documentation for support and training activities
• Ability to work with and communicate with all levels of the organization
• Proficiency with MS office (MS Word, Excel, PowerPoint)
• Self-starter and able to work independently

Desired Qualifications

• Experience working across one or more geographic territories or regions
• Certification in Operational Risk Management

@RWF22We Value DiversityAt 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 requirementsCandidates applying to job openings posted in US:All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteranCandidates 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

The Wells Fargo Foundation is looking for .

The Wells Fargo Foundation is looking for Any Graduate / Post Graduate profile candidates.