What are the responsibilities and job description for the Lead Business Execution Consultant - Deposit Insurance Operations position at WELLS FARGO BANK?
About this role :
Wells Fargo is seeking a Lead Business Execution Consultant to fill a key role for Strategy and Implementation on the Deposit Insurance Operations team. The individual will be responsible for leading engagements with lines of business and the Rule 370 application development team to resolve process and data defects, implement process enhancements, and identify opportunities to improve processes.
The Deposit Insurance Operations team is responsible for the maintenance and governance of an enterprise process established to comply with Rule 370. Rule 370 requires large banks to maintain the system capability to calculate and payout deposit insurance in the event of bank failure.
Learn more about our career areas and lines of business at wellsfargojobs.com.
In this role, you will :
- Serve as FDIC Rule 370 subject matter expert. Develop a deep knowledge of the enterprise Rule 370 system process. Be able to communicate and answer questions about the Rule 370 process and regulatory requirements.
- Lead work for process changes driven by regulatory guidance or line of business driven changes. Partnering with line of business teams and development, lead the assessment and implementation of process changes to maintain Rule 370 compliance.
- Work with the Rule 370 core team to understand regulatory or line of business driven changes.
- Partner with the development team to identify the appropriate solution / changes to maintain Rule 370 compliance.
- Where changes impact lines of business, lead engagements with lines of business to communicate requirements, and provide guidance to ensure the lines of business adapts to changes.
- Track and monitor progress. Escalate as needed when time commitments are at risk.
- Participate in AGILE development activities : write user stories and participate in backlog refinement. Elicit, identify and communicate process requirements to the development team to ensure development meets Rule 370 process requirements.
- Partnering with line of business teams and Rule 370 application team, provide vision, direction, expertise, and lead work to research and resolve defects. This may include :
- Working with the development team to research and identify the defect root cause
- Working with the development team to identify the appropriate solution to meet Rule 370 requirements
- If the source of the error is a line of business data or process, lead efforts to work with line of business to drive, guide, and track their efforts to resolve the defect.
- Provide guidance and oversight to lines of business to identify and resolve data errors emanating from the lines of business. Provide guidance to lines of business in their efforts to resolve data errors. Track and monitor lines of business progress to resolve errors. Escalate as needed when time commitments are at risk.
- Update or create data mapping and process documentation to reflect changes
Required Qualifications :
Desired Qualifications :
Job Expectations :
Work Locations :
Posting End Date : 20 Feb 2025
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.
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To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
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b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
