Lead Business Execution Consultant - Third Party Risk

About this role:

Wells Fargo is seeking a Lead Business Execution Consultant as part of the Third-Party Risk team within Wealth and Investment Management Operations. The Lead Business Execution Consultant will act as the Primary Business Liaison and Line of Business Relationship Manager for third party vendors. The Lead Consultant will be responsible for managing third-party relationships including engagement, compliance, and performance. Learn more about the career areas and lines of business at wellsfargojobs.com .

In this role, you will:

• Lead cross functional teams to strategize, plan, and execute a variety of programs, services, and initiatives
• Drive accountability for assigned initiatives, limit risk exposure, and create efficiencies as appropriate
• Review strategic approaches and effectiveness of support function and business performance
• Perform assessments through fact finding and data requiring creative approaches to solving complex issues, and develop appropriate solutions or recommendations.
• Make decisions in highly complex and multifaceted situations requiring solid understanding of business group's functional area or products, facilitate decision making and issue resolution, and support implementation of developed solutions and plans
• Collaborate and consult with members of the Business Execution team and team leaders to drive strategic initiatives
• Influence, guide, and lead less experienced Strategy and Execution staff within the group
• Manage the outsourcing process within a business group or enterprise function and accountable for managing the third-party engagement in compliance with policy
• Review and understand of contract details and the inherent and residual risks the third party represented to Wells Fargo
• Apply business expertise to the management of the third-party engagement factoring for identified risks and issues into business decisions related to the engagement
• Monitor and manage the third party's performance to the contract and reports the output of these activities to the business owner, relationship manager, and Third-Party Program (TTP)
• Review and approve TTP life cycle requirements
• Reinforces third-party performance and risk-management expectations
• Manage escalations from the business owner or Supply Chain Management related to third-party contract compliance, performance, and ability or willingness to meet TPP life cycle requirements (including monitoring third-party regulatory compliance)
• Responsible for reviewing all negative news alerts and business reviews; following TPP Guidelines if it is determined to be material

Required Qualifications:

• 5 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

Required Qualifications for Europe, Middle East & Africa only:

• Experience in Business Execution, Implementation, or Strategic Planning, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Demonstrated experience with Ariba, STORM (Process Unity), ServiceNow
• Excellent verbal, written, and interpersonal communication skills
• Ability to interact with all levels of an organization including internal and external vendors
• Cross functional understanding of risk, policy management, and controls (e.g. operations, market, client)
• Strong management reporting skills, ability to translate date into actionable information
• Strong ability to effectively multitasking, effectively manage multiple projects, and adapt to changing and competing priorities
• Ability to work in a fast-paced environment and operate successfully in a matrixed environment
• Knowledge of enterprise risk frameworks and related process
• Strong analytical skills with high attention to detail and accuracy
• Advanced in Microsoft Office Skills
• Ability to negotiate contracts with internal and external stakeholders
• Contract Lifecycle management
• Third Party Risk Assessment

Job Expectations:

• Relation assistance is not available for this position
• This position is not eligible for Visa sponsorship

Posting Locations:

• 1525 W WT Harris Boulevard, Charlotte, North Carolina 28262-8522
• 550 South 4th Street, Minneapolis, Minnesota 55415
• 2801 Market Street, Saint Louis, Missouri 63103

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$96,600.00 - $171,800.00
Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:
2 Oct 2024

• Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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 US: 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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy 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.