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Wells Fargo is seeking a Business Execution Associate for Asia Operations. The incumbent will support the regional risk and operations control related activities for Asia Pacific region that covers Trade Finance, Lending and Correspondent Banking. This role is expected to provide support in strengthening existing controls, as well as managing Asia Operations related internal/external audits, compliance reviews, regulatory activities and risk initiatives. The incumbent will work closely with offshore teams in India and Philippines, International Operations Control teams, regional governance functions like Front Line Business Control teams and Independent Risk Functions, as well as facing off Internal Audit. Learn more about the career areas and lines of business at wellsfargojob.com.
The role covers an extensive scope with key responsibilities as follows:
Responsibilities:
To spearhead internal/external audits, compliance reviews and regulatory activities
To provide regional operations control oversight and lead/manage the related activities
To lead and manage regional regulatory initiatives and events such as regulatory reporting and ad hoc requests from regulators in co-ordination with Regional Compliance team
Manage and analyze Operations risk incidents which ultimately lead to control or process improvement opportunities
To engage in Operations Risk and Control related strategic initiatives led by Asia and International Group
To work with offshore teams and provide guidance to junior team members for task completion
To work and connect with stakeholders across businesses, regions, branches, onshore and offshore teams in order to resolve day to day issues and manage operational risks
Required Qualifications:
Desired Qualifications:
University degree holder with a minimum 3 years of experience in the Financial Services sector, preferably in Operational Risk related functions
Preferably with fundamental knowledge/experience in Trade Operations, Lending Operations or Payment Operations
Possessed a control mindset and operational risk knowledge
Experience in dealing with reviews, audits, and regulatory matters in financial institutions
Ability to work with different senior business stakeholders from various teams and departments
Self-starter, detail oriented and instrumental in ideas generation and execution
Proven ability to drive successful execution of change initiatives
Ability to articulate complex concepts in a clear manner
Strong analytical skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Posting End Date:
22 Dec 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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-414502
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