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Business Strategy & Execution Consultant

2-4 years

Chennai

Business Strategy & Execution Consultant

Wells Fargo

posted 7hr ago

Job Description

About this role:

Wells Fargo is seeking a Business Execution Consultant


In this role, you will:

  • Participate in a variety of assigned and ongoing business operations to ensure success in meeting business goals and objectives
  • Identify opportunities for process improvement by conducting root cause testing of all compliance and business metrics
  • Determine areas of strength or Business Execution opportunity within defined scope of work
  • Review and research strategies and action plans to establish effective processes while meeting performance metrics and policy expectations
  • Utilize independent judgment to guide moderate risk deliverables
  • Present recommendations to develop, implement, and monitor strategic approaches, effectiveness of support function, and business performance improvement opportunities for managing risks of the business
  • Exercise independent judgment and provide guidance in diverse support functions and operations for a single business group within a line of business
  • Collaborate and consult with leaders and executive management
  • Provide work direction to less experienced Strategy and Execution staff


Required Qualifications:

  • 2+ 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:

  • Strong experience in Risk management or in Audit or in RCSA
  • Experience in one or more risk disciplines like Information Security, Business Continuity, Data Privacy, operational risk, financial crime, or regulatory compliance is an advantage
  • Preferred experience in understanding Risk Management
  • Proficiency in Microsoft (Excel, PowerPoint, Word)
  • Excellent communication skills in English, both oral and written, with the ability to articulate issues to management


Job Expectations:

  • Understanding and analyze the need for a Third Party and the Risks that it could come with during the process of engagement
  • In-depth knowledge of Third-Party Due Diligence process of Identifying, assessing, and mitigating third party risks during and after entering contracts during onboarding, ongoing monitoring, and termination processes
  • In depth understanding on different type of Services and engagements with the third Party Service provider
  • Gathering information from business on the service, evaluating them, finalizing compliance and risk evaluations, and updating them in the tool as a part of Due diligence activities
  • Follow up with the Risk Partners and provide adequate responses incase of any questions queries about the provided responses Collaborate with Lines of Business and other required stakeholders
  • Serving as a Subject Matter Expert (SME) to identify and address key third party related risks and areas of concerns associated with new and existing third-party relationships.
  • Ability to translate the Risk Entities to the Line of business and address the requirements and concerns
  • Determine areas of strength or Business Execution opportunity within defined scope of work
  • Review and research strategies and action plans 7to establish effective processes while meeting performance metrics and policy expectations.
  • Present recommendations to develop, implement and monitor strategic approaches, effectiveness of support function, and business performance improvement opportunities for managing risks of the business.
  • Ability to challenge Lines of Business if needed during the process of Risk evaluation and also provide interim/ adequate communication wherever needed
  • Develop expertise in the Enterprise Third Party Risk Management policies.

Employment Type: Full Time, Permanent

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Wells Fargo Interview Questions & Tips

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What people at Wells Fargo are saying

4.2
 Rating based on 15 Consultant reviews

Likes

Work life balance

  • Salary - Excellent
  • +6 more
Dislikes

Career growth is less

Read 15 Consultant reviews

Consultant salary at Wells Fargo

reported by 120 employees with 3-11 years exp.
₹7 L/yr - ₹29.4 L/yr
18% more than the average Consultant Salary in India
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What Wells Fargo employees are saying about work life

based on 6.5k employees
58%
92%
76%
66%
Flexible timing
Monday to Friday
No travel
Day Shift
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Wells Fargo Benefits

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Education benefits
Well-being
Paid time off
Submitted by Employees
Free Transport
Health Insurance
Cafeteria
Gymnasium
Work From Home
Team Outings +6 more
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