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Wells Fargo

AVP- Risk and Compliance

Job Posted 7 Days Ago Reposted 7 Days Ago
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Hybrid
Hyderabad, Telangana
Junior
Hybrid
Hyderabad, Telangana
Junior
The role involves supporting core compliance programs and risk management through data analysis, process improvement, and execution of strategic initiatives. Responsibilities include identifying risks, providing recommendations, collaborating with leaders, and monitoring overall business performance against compliance metrics.
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About this role:

Wells Fargo is seeking a Business Execution Consultant.

The Global Front Line Risk Program Execution is a function within the CIB COO – Risk Programs pillar. The team has the key focus to maintain, operate and deliver core front line risk and compliance programs and adopt a shared service model for Lines of Businesses to leverage central expertise. The BAS will focus on design, enablement and execution of front-line compliance activities. As well as coordinate, execute, and support a variety of front-line compliance activities and controls across CIB businesses globally to meet select Enterprise policy and program governance requirements.

The primary responsibilities revolve around obtaining, sorting, analyzing, understanding and reporting risk management data sets to drive governance, risk reporting and risk mitigation strategies across the portfolio.

In this role, you will:

  • Participate in a variety of assigned and ongoing business operations to ensure success in meeting business goals and objectives
  • Identify opportunities for process improvement by conducting root cause testing of all compliance and business metrics
  • Determine areas of strength or Business Execution opportunity within defined scope of work
  • Review and research strategies and action plans to establish effective processes while meeting performance metrics and policy expectations
  • Utilize independent judgment to guide moderate risk deliverables
  • Present recommendations to develop, implement, and monitor strategic approaches, effectiveness of support function, and business performance improvement opportunities for managing risks of the business
  • Exercise independent judgment and provide guidance in diverse support functions and operations for a single business group within a line of business
  • Collaborate and consult with leaders and executive management
  • Provide work direction to less experienced Strategy and Execution staff

Required Qualifications:

  • 2+ 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

Desired Qualifications:

  • Support implementation of strategic initiatives.
  • Engage in Enterprise Risk Program activities and support various measurement, assessment, governance and reporting routines to ensure the current state of risk management effectiveness is appropriately reflected.
  • Support identification of operational and compliance risks, potential issues, or gaps; and provide consistent and sustainable risk mitigating solutions.
  • Drive accountability for assigned initiatives, limit risk exposure, and create efficiencies as appropriate.
  • Collaborate and consult with members of the CIB Compliance Regulation and Risk Metrics team and leadership team to drive effective completion of BAU activities and strategic initiatives.

Job Expectations:

  • Experience in operational or compliance risk management, including Fraud Risk Management, Privacy, Volcker Rule, Insider Activities (Regulation O), and Transactions Between Banks and Their Affiliates (Regulation W), and Accessibility for Customers and Employees with Disabilities programs.
  • Capital Markets experience, including knowledge of business products, processes, and controls.
  • Strong experience executing, leading, and coordinating operational risk and/or compliance programs and governance activities across a global footprint.
  • Strong experience with Risk and Control Self-Assessment (RCSA) and Risk Measurement programs.
  • Strong ability to identify risk areas, evaluate trends and root causes, and recommend risk mitigation solutions where applicable.
  • Proven ability to manage multiple initiatives simultaneously.
  • Strong analytical skills with high attention to detail and accuracy.
  • Experience in problem analysis, solution implementation, and change management.
  • Experience in drafting, maintaining, and editing procedures.
  • Ability to exercise independent judgement to identify and resolve problems with a focus on actionable outcomes.
  • Ability to navigate a complex and global operating environment and prioritize competing objectives.
  • Advanced Microsoft Office (Word, Excel, and Outlook) skills.
  • Excellent verbal, written, and interpersonal communication skills.

    Posting End Date: 

    8 Apr 2025

    *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.

    Wells Fargo Hyderabad, Telangana, IND Office

    : C9FH+X2J, Divyasree Orion Rd, Madhura Nagar Colony, Gachibowli, Hyderabad, Telangana, India, 500032

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