Business Execution Associate, Analyst

Job Description

About this role:

Wells Fargo is seeking a Business Execution Associate.

In this role, you will:

Understanding and analyse the need for a Third Party and the Risks that it could come with during the process of engagement

• In-depth knowledge of Third-Party Due Diligence process of Identifying, assessing, and mitigating third party risks during and after entering contracts during onboarding, ongoing monitoring, and termination processes
• In depth understanding on different type of Servicesandengagements with the third-Party Service provider
• Gathering information from business on the service, evaluating them, finalizing compliance and risk evaluations, and updating them in the tool as a part of Due diligence activities
• Follow up with the Risk Partners and provide adequate responses incaseof any questions / queries about the provided responses - Collaborate with Lines of Business and other required stakeholders
• Serving as a Subject Matter Expert (SME) to identify and address key third party related risks and areas of concern associated with new and existing third-party relationships.
• Ability to translate the Risk Entitiestothe Line of business and address the requirements and concerns
• 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.
• Present recommendations to develop, implement and monitor strategic approaches, effectiveness of support function, and business performance improvement opportunities for managing risks of the business.
• Ability to challenge Lines of Business if needed during the process of Risk evaluationandalso provide interim/ adequate communication wherever needed
• Develop expertise in Enterprise Third Party Risk Management policies

Job Expectations.

• Present recommendations to develop, implement and monitor strategic approaches, effectiveness of support function, and business performance improvement opportunities for managing risks of the business.
• Ability to challenge Lines of Business if needed during the process of Risk evaluationandalso provide interim/ adequate communication wherever needed
• Develop expertise in the Enterprise Third Party Risk Management policies

Posting End Date:

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 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.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our 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.