Wells Fargo Lead CVA Business Analyst 

India, Karnataka, Bengaluru 

700603571

In this role, you will:

• Lead support functions or operations for multiple business groups and contribute to large scale strategic initiatives
• Ensure efficiency, quality, cost effectiveness of solutions, and pipeline management relating to assigned operations
• Research moderately complex business, operational, and strategic initiatives that require analytical skills, basic knowledge of organizational strategy and Business Execution, and understanding of international business
• Work independently to make recommendations for support function by providing support and leadership
• Assist in the planning and execution of a variety of programs and initiatives that may include risk mitigation, efficiency, and customer experience
• Collaborate and consult with team leaders in developing project plans, policies and procedures
• Provide leadership in management of relationships and implementation of programs, services, and initiatives with cross functional business partners

Required Qualifications:

• 4+ 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:

• Strong experience in Risk management or in Audit or in RCSA
• Experience in one or more risk disciplines like Information Security, Business Continuity, Data Privacy, operational risk, financial crime, or regulatory compliance is an advantage.
• Preferred experience in understanding Risk Management.
  Proficiency in Microsoft (Excel, PowerPoint, Word).
• Excellent communication skills in English, both oral and written, with the ability to articulate issues to management.
• 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.

Job Expectations:

• Understanding and analyze 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 Services and engagements 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 incase of 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 concerns associated with new and existing third-party relationships.
• Ability to translate the Risk Entities to the 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 7to 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 evaluation and also provide interim/ adequate communication wherever needed.
• Develop expertise in the Enterprise Third Party Risk Management policies.

Execute Third Party Risk management, play the role of an Engagement Manager and Relationship Manager.
Manage Engagements and Relationships independently and liaise closely with Business Operations, Supply chain, Info Security, Compliance, Resiliency, Technology teams.
Complete planning activities, including evaluating the business need for the use of a third-party service provider, obtaining the necessary business approvals and engaging Supply Chain Management for contracts.
Partner with Line of Business and must follow the lifecycle process of Third Party risk management to ensure third parties is appropriately risk rated.
Ensure all required due diligence activities are completed with respect to the third-party service provider and associated risk are identified, assessed, mitigated, monitored, and managed.
Monitoring the third-party service provider performance and ensuring it conforms with contractual requirements and service level agreements and meets business expectations.
Thoroughly understand the third-party service providerengagement/relationship,including all products and services, contract and other risks inherent and related risks for each engagement and perform periodic oversightThe position requires the ability to lead, manage, and follow up on action items for all meetings, ensuring those assigned as owner to complete their milestones on time a timely manner.
Conduct regular business review meetings as required per the Third-Party Service Provider Procedures.
Act as an SME for the process
Lead the conversations with stakeholders.
Mentor and guide new team members.
Identify and deliver IDEA Projects.

Wells Fargo Recruitment and Hiring Requirements:

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