Wells Fargo is hiring for the position of Business Execution Associate-Data Analysis, Power BI in Bangalore, India. Candidates with Bachelor’s/ Master’s Degree are eligible to apply for this position. The complete information, eligibility criteria, and requirements are provided below.
Job Description:
| Company Name | Wells Fargo |
| Position | Business Execution Associate-Data Analysis, Power BI |
| Qualifications | Bachelor’s/ Master’s Degree |
| Batch | 2019/ 2020/ 2021/ 2022/ 2023/ 2024 |
| Experience | Freshers/ Experienced |
| Location | Bangalore, India |
Key Responsibilities:
- Support Commercial Banking lines of business (LOB) through reporting, data mining, and analysis.
- Develop and maintain a high-performing reporting framework for Wholesale lines of business.
- Review, enhance, and report operational losses, including:
- Newly created Operational Losses exceeding $10K
- Internal Losses over $500K
- External Losses over $5MM
- Near Misses, Quality Assurance Reports, LOB Monthly & Quarterly Loss Reports
- OCC/FRB regulatory reports, Issues Management, and Payment Risks reports
- Ensure compliance with FRB/OCC regulatory requirements by providing a comprehensive overview of operational losses for Wholesale businesses.
- Provide business summary reviews to Wholesale Risk Leadership, facilitating discussions on operational losses, root causes, emerging trends, and remediation efforts.
- Expand the scope of monitoring and reporting key operational risk metrics across Wholesale LOB, integrating additional risk types into the operational risk governance structure.
- Develop metrics to identify trends, provide early warnings for potential risk changes, and monitor process and control performance through key process and control indicators.
- Build and maintain strong customer relationships while fostering a risk-mitigating and compliance-driven culture.
- Identify, communicate, mitigate, and escalate risks arising from process non-compliance, operational errors, and data integrity issues.
- Manage risk throughout the change management lifecycle, particularly in executing Efficiency & Effectiveness (E&E) initiatives.
- Execute risk programs, including Technology, Financial Crimes, Operational Risk, Information Security, and Regulatory Compliance, ensuring adherence to Wells Fargo policies and procedures.
- Proactively monitor governance, risk identification, and escalation, making sound risk decisions aligned with the business unit’s risk appetite.
- Ensure adherence to project timelines and address any discrepancies, queries, or escalations related to projects and assignments.
Eligibility Criteria:
- Minimum of 6 months of experience in Business Execution, Implementation, or Strategic Planning, or equivalent experience through work, training, military service, or education.
Preferred Skills:
- At least 6 months of experience in Business Execution.
- Bachelor’s degree in Business or a related field.
- Minimum of 6 months of relevant experience in the Risk domain.
- Proficiency in Key Risk Indicators (KRI) administration, reporting, and analysis.
- Experience in designing and executing quality assurance programs.
- Strong understanding of operational loss analysis and reporting.
- Ability to enhance and maintain desktop procedures.
- Experience in conducting credible challenge reporting and analysis, providing observations and recommendations.
- Proficiency in project management, data analytics, and generating insights.
Other Requirements and Competencies:
- Demonstrated technical, functional, and job-specific knowledge.
- Ability to challenge traditional approaches and identify new, more effective ways to execute tasks.
- Strong communication skills with the ability to build and maintain relationships and partnerships.
- A proactive learning mindset and curiosity for acquiring new knowledge.
- Consistent ability to meet or exceed commitments and performance expectations.
- High standards of work ethic and accountability.
- Initiative to go beyond assigned responsibilities without requiring direction.
- Clear and effective communication skills.
About Company:
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
How To Apply?
- First, read through all of the job details on this page.
- Scroll down and press the Click Here button.
- To be redirected to the official website, click on the apply link.
- Fill the details with the information provided.
- Before submitting the application, cross-check the information you’ve provided.
