Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 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
Corporate Risk Risk management at Wells Fargo is organized with clearly defined lines of defense to provide effective risk oversight and decision-making across the organization. Each line of defense is assigned specific responsibilities and understands the associated activities it is expected to perform. Strategic Enterprise Risk Management Strategic Enterprise Risk Management (SERM) is a group directly under the Chief Risk Officer that is responsible for a variety of strategic functions within Corporate Risk that includes risk reporting, risk governance, risk programs that oversee risk measurement and risk identification, strategic and reputational risk oversight, and risk optimization and strategy. Enterprise Risk Reporting and Aggregation Enterprise Risk Reporting and Aggregation (ERA) is a growing team within Strategic Enterprise Risk Management (SERM) that is responsible for developing and managing Regulatory, Board, and Executive management reporting of risks across the organization, and for developing strong risk analytics and intelligence capabilities to proactively identify and report on risk trends.
About the Role
The candidate will be an Enterprise Risk Officer in the Enterprise Risk Aggregation (ERA) Reporting team. This team is responsible for the production of enterprise risk reporting and the execution of control activities related to report production. The team is also responsible for designing, developing, testing and documentation activities related to key enterprise risk reports. A successful candidate will have a solid background in reporting, understanding and utilizing Relational Databases and Data Warehouses, and be effective querying and reporting on large and complex data sets. This role will interface with the Data Management, Governance and Strategy team(s) within ERA, and includes but is not limited to creating BRDs, enhancing existing reporting interfaces, supporting UAT of reports for all technology releases, and management of the daily data operations. Other areas of responsibilities includes ownership of reporting for new regulations, monitoring new risks for ad-hoc requests, and documentation. An understanding of Data Governance, BCBS 239 reporting principles, and internal Wells Fargo policies and oversight groups including G&O standards and artifacts will assist to maintain regulatory compliance standards.
Develop a deep understanding of the core data and reporting model(s) within Enterprise Risk Aggregation (ERA).
Demonstrate analytical and quantitative skills and ability to use hard data and metrics to back up assumptions and develop reporting.
Create and interpret Business Intelligence data (Reporting, Basic Analytics, Predictive Analytics and Prescriptive Analytics) combined with business knowledge to draw supportable conclusions about current and future risk levels.
Design rich data visualizations to communicate complex ideas and automate reporting and controls.
Design, build, and execute data quality controls that ensure completeness and accuracy on ERA datasets and reports
Create, analyze, and solve reporting issues at their root, stepping back to understand the broader context and providing detailed root cause analysis.
Perform deep dive analytics (both Ad-hoc and structured) and provide reporting or results to both internal and external stakeholders.
Translate ambiguous ideas/issues into well-defined plans/solutions; while influencing decision-making.
Influence policies and procedures to comply with Corporate and Regulatory requirements.
Market Skills and Certifications
8+ yrs. of experience in risk (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management)
4+ years of experience in risk (includes compliance, financial crimes, operational, audit, legal, credit risk, market risk)
Ability to develop and maintain data documentation including Governance and Oversight (G&O) artifacts
Ability to Design rich data visualizations to communicate complex ideas and automate reporting and controls.
Ability to perform in-depth analytics (both Ad-hoc and structured) and provide reporting or results to both internal and external stakeholders.
Experience of hands-on risk reporting, intelligence and strong analytics & problem solving experience
Strong Teradata and SQL Server experience
Strong presentation skills and ability to translate actionable results simplistically
4+ years of experience with BI tools such as Tableau, Qlik, or SQL Server Reporting Services
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy
Experience, understanding, and knowledge of Enterprise Risk exposures within Wells Fargo, such as: Deposits, Direct Credit, Debt and Equity Securities, Derivatives, and SFTs
Experience working with Finance, Basel, Counterparty, Market and Credit Risk data
Ability to think creatively to synthesize recommendations for the remediation and reconcilement of reporting data
Strong validation and reconciliation competencies, data mining and intellectual curiosity
Advanced Microsoft Office skills
Ability to interact with all levels of an organization
Strong writing skills – proven ability to translate data sets and conclusions drawn from analysis into business/executive format and language
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.
Internal Number: 53550BR
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $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 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo