Job Description
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortunes 2017 rankings of Americas largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
About Wells Fargo India
Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA., by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We are operating in Hyderabad, Bengaluru and Chennai locations.
Department Overview
The Enterprise Functions team supports the offshoring activities of multiple lines of business and the corporate risk management organization with their needs in current and expected demand for business process risk management. Data Management and Insights (DMI) in Enterprise Functions is transforming the way that Wells Fargo uses and manages data. The team is responsible for designing the future data environment, defining data governance and oversight, and partnering with technology to operate the data infrastructure for the company. The Data Management Solutions (DMS) organization within Data Management & Insight provides holistic and consistent data management capabilities to Wells Fargo. This includes domain management, data quality monitoring, metadata management, data lake management, and master/reference data management.
About the Role
Responsible for fulfilling Enterprise Data Governance, Regulatory and Risk Reporting Governance & Oversight (G&O) Framework, and Policy and Standards for COSO Compliance requirements across regulatory and risk reports in-scope within Report Mapping Issue Identification (RMII) Team. The may include management of a small team that consist of Wells Fargo team members and contractors.
The report documentation consultant develops and manages documentation for regulatory and risk reports in a timely and effective manner.
Responsibilities
- Executes the documentation of end-2-end data/processes for RMII in-scope Risk and Regulatory reports
- Facilitate detailed alignment of financial product data elements to reporting logic
- Design and maintain processes to ensure accuracy and integrity (i.e. documentation provides accurate end-to-end view) across all documentation
- Collaborate and coordinate with executive and key leaders to maintain commitment to Report Mapping & Issue Identification (RMII) strategic objectives
- Designs and develops deliverables to document end-2-end data/processes for RMII in-scope Risk and Regulatory reports
- Leverage COSO principles, data management standards, and other skills to ensure compliance with G&O Framework, COSO, and EDG requirement/policies
- Partnering with support groups (Governance & Oversight, Data Management, Analytics, Change Management, and Technical Interpretations) to improve the control environment
- Drive report documentation activities in partnership with consultants against target timelines and escalate risks, as needed.
Essential Qualifications
- University degree in Business or related discipline.
- 6+ years of experience in one or a combination of the following compliance, operational risk, data risk/controls valuation, audit, regulatory reporting or risk management and projects involving BASEL and BCBS239 framework implementation
- 3+ yrs experience interviewing stakeholders to identify key risks and key controls
- 3+ yrs experience with documentation of risk and mitigating controls across multiple areas of focus including financial controls, data usage, issue management, data controls, data quality, data sourcing, data dictionaries
- Experience in Data Management concepts including data governance, data domains, data lineage, metadata and/or data quality.
- Management consulting experience at a top-tier consulting firm
- Process design, process mapping experience
- Knowledge of risk and regulatory reporting and processes
- Strong critical thinking skills with ability to credibly challenge status quo
- Strong analytical skills with high attention to detail and accuracy
- Ability to lead projects/initiatives with high risk and complexity
- Ability to gather data requirements from subject matter experts
- Ability to work independently building collaborative workgroups and influence others.
- Highly refined and professional verbal and written communications
- Flexible and adaptable able to work in ambiguous situationsChange management experience.
- Certified Public Accountant,Certified Internal Auditor, Certified Information Systems Auditor,Certification in Control SelfAssessment, Certified Information Systems Security Professional
Desired Qualifications
- Experience presenting status in a manner that informs, and enhances understanding at all levels
- Experience building strong relationships with senior leadership
- Strong critical thinking skills with ability to credibly challenge status quo.
- Proficient in Microsoft products (Excel, Visio, Power Point)
- Proficient in Process modelling tool iGrafx Flowcharter.