Wells Fargo jobs - Enterprise Risk Associate

Market Job Description
About Wells Fargo India & Philippines
Wells Fargo India & Philippines (WFI&P) enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions. WFI&P operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about WFI&P at our International Careers website.
Department Overview :
Corporate Risk enables all Wells Fargo businesses to identify and manage risk. The team focuses on several key risk areas, including credit risk, operational risk, market risk, reputation risk, and compliance risk. Corporate Risk strives to ensure all Wells Fargo corporate functions and lines of business soundly manage risk, comply with applicable laws and regulations, and offer products and services that meet the needs of our customers. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.
Within Corporate Risk, Strategic Enterprise Risk Management (SERM) is a group directly under the Chief Risk Officer that is responsible for a variety of strategic functions within Corporate Risk that includes risk reporting, risk governance, risk programs that oversee risk measurement and risk identification, strategic and reputational risk oversight, and risk optimization and strategy.
Are you detail oriented with a desire to directly impact controls and process improvements across all facets of a financial services company? Then a position with Wells Fargo Enterprise Issue Management is the next step in your career.
The Enterprise Risk team is responsible oversight and strategic direction of enterprise risk, governance and reporting programs. Supports management ownership of functional or enterprise programs such as liquidity oversight, treasury oversight, enterprise risk appetite, new product approval process and risk data aggregation programs through several Enterprise Risk Programs and Risk Types; guides and directs the organization in terms of policies, effectiveness of enterprise-wide initiative execution, and reporting to the Board.
Objectives Include

• Supporting the Enterprise Issue Management & Escalations policy adherence program through development and execution of test scripts and quarterly adherence reporting.
  

Roles & Responsibilities

• Performs effective and timely execution of test scripts following established program procedures and routines
• Conducts analysis on population datasets, enhances testing strategies and methodologies, and supports issue management program reporting
• Maintain strong partnership and engagement with Control Executive Group Issue Management teams to gain a clear understanding of their issue management processes, roles, and responsibilities
  

Market Skills and Certifications
Qualifications Required :

• A graduate degree or higher.
• 2 to 5 years of overall professional experience in risk assessment, control testing/evaluation and issue management on various risk types.
• 2+ years of experience in risk management
• 2+ years of testing experience (may include audit, compliance, regulatory compliance, controls testing, quality assurance)
• Advanced Microsoft Office skills
• Excellent verbal, written, and interpersonal communication skills, also adept in documentation.
• Strong analytical skills with high attention to detail and accuracy; strong critical thinker
  

Desired Qualifications

• Industry recognized risk certifications such as CRISC / CRM
• Financial Services Issue Management Experience
• Knowledge of the Wells Fargo Issue Management policy
• Experience with the Wells Fargo Risk Management Framework
• Experience working with the Shared Risk Platform (SHRP)
• Broad knowledge of operational risks and issues faced by financial institutions today.
• Strong knowledge on enterprise risks, i.e. front office and middle office processes/controls would be considered as an added advantage.
• Knowledge of testing platforms, Test Script Design & Detail Oriented work ethics
• Experience providing 'credible challenge' to business partners when necessary, with the ability to lead through influence
• Experience assessing test scope, designing test scripts, and executing, documenting, and reporting on compliance testing
• Experience testing policy and procedures/control testing.
• Experience leading compliance reviews and or engagements
• Experience effectively interacting with a broad range of risk professionals, senior management, and regulators
• Experience analyzing and interpreting complex data and information, and translating it into clear digestible information per the audience

Other desirable skills experience

• Six Sigma Certified / Process Improvement capabilities
• Experience in Audit, Compliance, Risk, and Testing
• Strong critical thinking and analytical skills
• Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members
• Ability to assess issues, make quick decisions, implement solutions, and influence change
• Ability to exercise independent judgment and creative problem solving techniques
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Ability to present complex material in a digestible, consumable manner to all levels of management.
• Ability to synthesize data from a variety of sources and deliver results quickly.
• Strong organization and detail-oriented skills, with proven ability to manage and prioritize work to meet deadlines despite frequent interruptions.