Bengaluru,

About Wells Fargo


Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Market Job Description


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 Asset/Liability Management group evaluates the Company's exposure to interest rate risk, determines strategies to improve performance and provide management and steering of the Company's balance sheet, interest rate exposure, liquidity, and capital in the banking book. It set limits on how much of the Company's annual earnings and evaluates how much of the Company's estimated longer-term value will be put at risk under the assumption of interest rate scenarios that differ significantly from management's most likely planning assumptions. The ALM balance sheet and net interest income modeling framework is also leveraged for capital stress testing and provides inputs to liquidity management.

About the Role



Internally this designation is known as Financial Reporting and Controls Analyst 4.The QRM Governance & Oversight Group is looking for a highly motivated individual with financial services industry experience predominantly in compliance or operational risk areas .Primary responsibilities will include monitoring and performing governance and oversight activities to ensure compliance with enterprise data governance and operations controls requirements of Asset Liability Management and all applicable Wells Fargo, first/second/third lines of defense groups such as Enterprise Controls & Oversight (EC&O), Governance and Oversight (G&O) which covers the Basel Committee on Banking Supervision (BCBS) principals for risk data aggregation, COSO, Quality Assurance (QA), and Wells Fargo Audit Services.


Responsibilities

  • Support periodic audit/testing and continuous monitoring of ALM data and operations process and controls by all lines of defense such as Audit, EC&O, G&O, COSO, QA, CMOR and CERG

  • Support Enterprise Business Process Management (EBPM) initiatives for ALM by participating in process reviews with SMEs,identifying process improvement opportunities and defining process KPIs.

  • Monitor and perform governance and oversight activities to ensure compliance with enterprise data governance and operations controls requirements of ALM and all applicable Wells Fargo, first/second/third lines of defense groups such as Enterprise Controls & Oversight (EC&O), Governance and Oversight (G&O) which covers the Basel Committee on Banking Supervision (BCBS) principals for risk data aggregation, COSO, Quality Assurance (QA), and Wells Fargo Audit Services.

  • Perform or support other operations governance, controls and data integrity tasks of the department to ensure compliance with policies and procedures, such as issues management, development of corrective actions, validation of control executions and department metrics tracking.



Market Skills and Certifications


Essential Qualifications

  • Experience of 6+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk

  • Experience in Financial Services industry of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both

  • University Degree in Business or related discipline-MBA Preferred.

Desired Qualifications

  • Knowledge & understanding of asset liability or Liquidity management software especially QRM

  • knowledge & understanding of data governance program

  • Experience of 2+ years in data management

  • Superior critical thinking skills, fast learner and ability to take on new challenges as needed.



We Value Diversity


At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate. 67379

Bengaluru,

At Wells Fargo, we’ve been proudly supporting military veterans and their families for more than 170 years.

We value the leadership, discipline, and skills you’ve gained through your service to our country and recognize the contributions our veteran team members bring to the table. We’re committed to hiring and retaining military veterans, veterans with disabilities, National Guard, Reservists, and Military Spouses.

As a Wells Fargo employee, you’ll find a work culture that is team-oriented, collaborative, structured, and challenging. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance. You may choose to join our Veteran’s Connection Employee Resource Group, a group of thousands who share an interest in veterans’ matters, and that promotes greater awareness and job development within the veteran community. To learn more about opportunities at our company, please visit wellsfargojobs.com/military. Let’s talk about turning your military experience into a great civilian career.

Similar jobs