10 days old
2017-11-302018-01-02

Compliance Consultant 2

Bengaluru, KA 560043
  • Job Code
    20220BR-1
Responsible for implementing and monitoring a risk-based program to identify, assess and mitigate any operational risk that arises from inadequate or failed internal processes, people, systems or external events, while maintaining a balance between risk mitigation and operational efficiency.
Works with Wells Fargo Securities Lines of Businesses and provides operational risk expertise and consulting for projects and initiatives with moderate to high risk. Implements testing strategies and methodologies; evaluates the adequacy and effectiveness of policies, procedures, processes, systems and internal controls; analyzes business and/or systems changes to determine impact; identifies and assesses operational risk issues and assigns risk ratings consistent with established policy standards.
Consults with business to develop corrective action plans and effectively manage change. Identifies training opportunities; may design/coordinate the development of training materials and delivers training. Reports findings and drafts recommendations to mitigate risk to operational risk and business line management. Co-ordinates production of periodic operational risk performance reports for senior management, including trend analysis and recommended strategies. May manage project teams and provide guidance to less experience specialists/consultants.
Performs Key Control Testing on Wholesale Securities line of businesses, Performs compliance and policy reviews for the wholesale securities line of businesses.

Wholesale Operational Risk and Compliance (WORC) Testing Execution Team is responsible for executing regulatory and operational risk testing coverage for Wholesale Banking and certain lines of business within Wholesale Banking.
The resource will execute test script scenarios by reviewing multiple documents and/or data outputs to compare to standards, and will also review policies and procedures to compare to standards. Most testing performed by the resources will be focused on system controls, or review of documentation housed in corporate systems of record.

Key Responsibility:


  • Working with Wholesale Banking complex lines of business to execute required compliance and operational risk testing
  • Execute testing strategies in accordance with Regulatory Compliance Risk Management policies and procedures
  • Exhibit credible challenge and evaluate the adequacy and effectiveness of policies, procedures, processes and internal controls while maintaining professional independence throughout the testing engagement
  • Document end to end process flows including dependencies, risks, controls, inputs/outputs, systems, gap identification, etc
  • Report findings and provide recommendations to both Wholesale Banking and the line of business
  • Provide compliance expertise and potential solutions to identified gaps and associated risks to the line of business and Wholesale Banking


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  • Financial Services
  • Retail / Wholesale

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Compliance Consultant 2

Wells Fargo
Bengaluru, KA 560043

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Wells Fargo
Bengaluru, KA
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