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Senior Business Execution Consultant-Auto Third-Party Primary Business Liaison
About this role: Wells Fargo is seeking a Senior Business Execution Consultant-Auto Third-Party Primary Business Liaison within our Auto Third-Party Management Oversight Team. This role will be responsible for the oversight of moderate to high level risk Third-Party vendors. This includes collaborating with Wells Fargo Auto teams to understand and manage our third-party risk portfolio, ensuring compliance with Wells Fargo’s Third-Party Policy and managing the third party life-cycle. Learn more about the career areas and lines of business at wellsfargojobs.com. In this role, you will: Manage Third Party Program (TPP) life-cycle activities as the Primary Business Liaison and serving as the subject matter expert for third party requirements and deliverables. Manage third party engagements in the System for Third-Party Operational Risk Management (STORM) and ensure data is accurate, reviewed, and updated on an ongoing basis. Engage in the development and continued maintenance of Auto’s Third-Party Oversight Plans including oversight of business monitoring activities. Support the Third-Party Program executive governance process by assisting in the preparation of agendas, artifacts, and reporting on third party risk associated with WF Auto Operations portfolio, including vendor activity, issues, risks, and recommendations. Identify and monitor third party key risk indicators and metrics as needed. Monitor completion dates associated with engagements and subscriptions to ensure contract renewals are processed timely, to ensure continuity. Attend meetings hosted by the Group Third Party Officers and Relationship Managers to understand changes to third party processes, STORM system updates, and third-party vendor risks. Manage a central repository of third-party documentation including retention of required governance artifacts, meeting agendas, meeting minutes, and documentation related to due diligence, and ongoing monitoring activities. Manage the Operational Review assessments, as applicable, for Auto Operations’ Third Parties and additionally assigned Third Parties Coordinate production of periodic operational risk performance scorecards, metrics and reports for senior management, including trend analysis and recommended strategies. Partner and collaborate across a complex and matrixed environment. 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: Excellent interpersonal skills with the ability to collaborate, influence, and manage projects involving stakeholders at all levels of the organization. Advanced Microsoft Office (Outlook, Excel, Word, PowerPoint) skills 3+ years’ experience in Third-Party Risk Management experience supporting Auto. Knowledge and understanding of Wells Fargo Third-Party Program and Third-Party Risk Management Policy. Experience with TPP Life Cycle Procedures Experience with Third-Party Operational Risk Management database (STORM/Process Unity) and/or similar industry Risk Life Cycle database. Proven experience in improving vendor performance. Proven ability to lead the implementation of programs, services and/or initiatives with high risk and complexity. Meeting facilitation experience that results in consensus and commitment. Ability to quickly establish credibility to build and maintain effective working relationships. Proficient adaptability, change management, consulting, Risk & Compliance acumen. Ability to support lower-level employees with additional training or development opportunities. Strong analytical skills with high attention to detail and accuracy Ability to execute in a fast paced, high demand, environment while balancing multiple priorities Job Expectations: Ability to travel up to 10% of the time. This position offers a Hybrid work schedule. Position is Not eligible for Visa Sponsorship Posting End Date: 6 Aug 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. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. 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. Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at LinkedIn: For questions on how to search and apply, visit our frequently asked questions.
