Senior Control Management Specialist jobs at Wells Fargo in India, Chennai

In this role, you will:

• Work as technical expert in delivering high quality analysis, reports, and insights.
• Deep dive into data and identify cause for variation in trends of key metrics in monthly reports/data marts.
• Clearly understand and articulate business requirements by leveraging domain understanding of line of business & product/ function and deliver the results underlining the business problem and appropriate business decision levers.
• Identify & leverage appropriate analytical approach from a wide toolkit to make data driven recommendation.
• Support data migrations, system transitions, data-mapping, data lineage, data reconciliation and documentation in alignment to policy and governance
• Support research, analysis and development of various risk data-fields, data-marts and meta-data
• Ensures adherence to data management/data governance regulations and policies
• Proactively do a root cause analysis and seek guidance on how to solve problems when issues arise.

Required Qualifications:

• 4+ years of Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Strong analytical skills, proficiency in data manipulation tools like SQL, and the ability to translate complex data into actionable insights to inform strategic business decisions.
• Ability to collaborate closely with various stakeholders to develop and implement data strategies across the organization.
• Familiarity with SAP BO (Business Objects) and SSRs (SQL Server Reporting Services).
• Good to have certifications in BI Reporting tools Data Management, or Data Engineering.
• Strong understanding of business drivers and industry trends of lending products & home lending in specific.
• Detail oriented, results driven, and can navigate in a quickly changing and high demand environment while balancing multiple priorities.
• Expected to learn the business aspects quickly, multitask and prioritize between projects
• Dedicated, enthusiastic, driven andperformance-oriented;possesses a strong work ethic and good team player.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

In this role, you will:

• Provide support for processing new collections, payments, trade acceptances and tracing outstanding items
• Support performance of less experienced staff and overall effectiveness of team
• Provide all letter of credit services to customers
• Perform complex services including opening letter of credits, processing payments and informing customers of discrepancies
• Assist with distributing, reviewing work, training and guiding less experienced staff
• Provide subject matter expertise and interpretation of procedures to less experienced individuals
• Process complex, non-standard and time sensitive letter of credits
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
• Interact with internal customers
• Receive direction from leaders and exercise independent judgement while developing the knowledge to understand function, policies, procedures, and compliance requirements

Required Qualifications:

• 4+ years of Trade Services experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

In this role, you will:

• Establish, implement and maintain risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and Corporate Policy requirements
• Oversee the Front Line's execution and challenges appropriately on compliance related decisions
• Provide oversight and monitoring of risk-based compliance programs
• Develop and oversee standards
• Provide subject matter expertise with comprehensive knowledge of business and functional area
• Provide compliance risk expertise and consulting for projects and initiatives with moderate risk for a business line or functional area
• Monitor reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management
• Provide direction to the business on developing corrective action plans and effectively managing regulatory change
• Provide compliance risk expertise
• Consult for projects and initiatives with moderate risk for a business line
• Identify and recommend opportunities for process improvement and risk control development
• Provide direction to the business on developing corrective action plans and effectively managing regulatory change
• Report findings and make recommendations to management appropriate committees
• Interpret policies, procedures, and compliance requirements
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
• Work with complex business units, rules and regulations on moderate risk compliance matters
• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Required Qualifications:

• 4+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Model Validation or Governance Background
• Working knowledge of Data / Privacy laws and Fair Credit Reporting Act (FCRA) requirements

Job Expectations:

• Provide governance over in-scope consumer facing Models, which includes the review of the model to determine if there are FCRA or Data Concerns
• Solicit feedback from Legal, Business Aligned Compliance Officers and Horizontal Compliance functions during the review of Models
• Prepare and archive model review documentation
• Review initial Model Classification, Risk Rank and Risk Rank Overrides and Risk Rank Changes
• Review and Challenge Model Validation Results
• Participate in Model Monitoring Programs and any Required Quarterly/Annual Monitoring Reviews

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

In this role, you will:

• Establish, implement and maintain risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and Corporate Policy requirements
• Oversee the Front Line's execution and challenges appropriately on compliance related decisions
• Support the oversight or monitoring of a risk-based compliance program
• Provide support in developing and overseeing standards with some business and functional knowledge
• Provide compliance risk insight and support projects and initiatives with low to moderate risk for a business line or functional area
• Work with a business unit, a defined set of rules and regulations on low to moderate risk compliance matters
• Support the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management
• Provide direction to the business on developing corrective action plans and effectively managing regulatory change
• Provide support in reporting findings and drafting recommendations to management
• Support and implement initiatives with low to moderate risk
• Interact with team to support risk oversight and monitoring
• Manage and ensure accuracy of data
• Troubleshoot system issues to determine root cause
• Research and implement new regulatory rules and manage other Registration Team related projects
• Identify and recommend opportunities for process improvement and risk control development
• Establish and maintain effective relationships with various teams
• Make decisions and resolve issues to meet business objectives
• Interpret policies, procedures, and compliance requirements
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
• Interact with internal customers
• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Required Qualifications, International:

• 2+ years of experience in Compliance, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

• Experience working in the Compliance space ideally in the lending space.
• Reporting knowledge and experience, able to report on monitoring activities within their area as well as the ability to provide aggregate reporting.
• Ability to analyze data and highlight trends and anomaly in data.
• Attention to detail, some background with documenting processes.
• Risk mindset, is able to identify and escalate risks.

Job Expectations:

• Execute to pre-defined monitoring activities.
• Document monitoring activities.
• Recommend changes to monitoring activities to better identify, escalate and manage risk.
• Identify areas of automation, highlighting opportunity areas of efficiencies.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.