Job Information
Wells Fargo Business Execution Consultant in Hyderabad, India
About this role:
Wells Fargo is seeking a Business Execution Consultant.
You will work as part of the Supply Chain Management team to support financial stability assessment process (FSA). The role is, to prepare financial analysis of vendors and identify financial trends and variances to assess the risk associated with the vendors with who Wells Fargo does business. In accordance with Wells Fargo’s regulatory requirements and Vendor Risk Management program, due diligence reviews are routinely conducted so that Wells Fargo may evaluate and monitor key risks and controls associated with vendor’s organizations with which Wells Fargo does business. Conducting financial assessments of key service providers is a key element in Wells Fargo’s vendor risk review process.
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
MBA Finance or equivalent with experience in financial analysis, company profiling and/or industry analysis
Sound knowledge on accounting and finance concepts
Knowledge in supply chain management.
Strong analytical skills.
Proficiency in MS office suite
Experience in financial report writing with a strong educational background on finance & accounting management
In depth understating of financial statements and different ratios
Ability to understand the different businesses and its scope across different geographic locations
Abreast with economic and business trends across the globe
Strong analytical skills, excellent written and verbal communication skills
Job Expectations:
Conduct in-depth financial analysis (using qualitative and quantitative factors) of vendors and assign the risk rating. Help the line of business on understanding the financial risk associated with Vendor with whom the bank is doing business.
Financial report writing by covering different ratios, operating performance, cash flows, mergers and acquisitions, business segments, stock movement, Industry insights etc.
Identify, analyze, and interpret trends or patterns in complex financial data sets
Fundamental analysis on the company, industry and economy
Conduct credit analysis to the Vendors (banks) by using CAMEL methodology
Spreading of financial statements into FIS and allying credit reports, and analyze
Collect required information from different sources like Line of Business, web sources, stock exchanges, company updates etc. to conduct analysis
Liaison with multiple business partners and end users on the Vendor Viability Requirements and OCC guidelines
Interact with top executives ( CEO, CFO, Finance/Accounting Manager) of vendors on the financial condition of the companies
Posting End Date:
5 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-417046