Wells Fargo Business Execution Associate - Financial Crimes 

India, Karnataka, Bengaluru 

826196412

Department Overview

Operations drives efficiency and risk mitigation through process simplification, functional consolidation, automation, and effective controls.

Shared Services Operations- Quality Assurance

Quality assurance activities, including the evaluation of transactions, files, or other items to verify consistent application of regulatory and internal policy requirements and to assess the quality of controls. These reviews may be performed manually or through automated means.

In this role, you will:

• Provide Financial Crimes groups Quality Assurance support through execution of testing scripts, identification, and reporting of issues
• Executing self-assurance activities and supplementing existing practices through the execution of business monitoring, surveillance, and/or Quality Assurance/Quality Control activities
• Ensuring business process controls are working effectively in order to promote and enable proactive identification, root cause analysis, reporting, escalation, and corrective action of process and control deficiencies and adverse customer impacts
• Implementing the Ops Utilities Quality Assurance Activities methodology through the following requirements:
• Collaborate with and report findings and recommendations to management concerning Quality Assurance issues
• Informing risk measures, where appropriate
• Working with the business groups with the newly identified controls within the Risk and Control Self-Assessment tool to map controls to the future state of QA testing
• Provide maintenance and implementation support for Quality assurance program for Financial Crimes Groups. Participates in special projects as assigned that could involve very large volumes, high profile clients, and accelerated service level agreements to complete the request quickly
• Provide feedback and present ideas for improving or implementing processes and tools within QA group
• Identify and recommend opportunities for process improvement and risk control development
• Support production environment as per business requirement and set objectives

Required Qualifications:

• 6+ months of BusinessExecution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Bachelor’s degree in business, finance or economics.
• Preferred Certified Anti Money Laundering Specialist (CAMS) certification or equivalent

Desired Qualifications:

• Experience in creating, executing, and documentingQA/Compliance/Audit/posttransactional testing
• Strong QA/QC/testing/Audit background
• Strong Microsoft Office skills (Excel, PowerPoint etc)
• Excellent verbal, written, and interpersonal communication skills
• Strong analytical skills with high attention to detail and accuracy
• Ability to work effectively, as well as independently, in a team environment
• Critical thinking skills
• Experience in executing Quality Assurance Activities and supplementing existing practices through the execution of business monitoring, surveillance, and/or Quality Assurance/Quality Control activities
• Experience evaluating the adequacy and effectiveness of policies, procedures, processes, systems, and internal controls; analyzing business and/or system changes to determine impact, identify and assess operational risk issues
• Exposure and proven track records in reporting and MIS
• Creating and maintaining QA test scripts and procedure documentation
• Recording and maintaining a centralized inventory of QA activities
• Facilitate an efficient and valued review process
• Ability to thoroughly document and succinctly write final reports of the applicable QA Activities
• Executing reporting, escalation, root cause analysis, and resolution of identified issues.

Wells Fargo Recruitment and Hiring Requirements:

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