Enterprise Risk Sr Associate - Risk Reporting, Data Management

Location
Hyderabad
Posted
October 16 2020
Ref
53549BR-1
Industry
Banking
About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Market Job Description




About Wells Fargo India


Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA., by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We are operating in Hyderabad, Bengaluru and Chennai locations



Department Overview

Corporate Risk

Risk management at Wells Fargo is organized with clearly defined lines of defense to provide effective risk oversight and decision-making across the organization. Each line of defense is assigned specific responsibilities and understands the associated activities it is expected to perform.
Strategic Enterprise Risk Management
Strategic Enterprise Risk Management (SERM) is a group directly under the Chief Risk Officer
Enterprise Risk Reporting and Aggregation
Enterprise Risk Reporting and Aggregation (ERA) is a growing team within Strategic Enterprise Risk Management (SERM) that is responsible for developing and managing Regulatory, Board, and Executive management reporting of risks across the organization, and for developing strong risk analytics and intelligence capabilities to proactively identify and report on risk trends.



About The Role


The candidate will be an enterprise risk senior associate in the Enterprise Risk Aggregation (ERA) Reporting team. This team is responsible for the production of enterprise risk reporting and the execution of control activities related to report production. The team is also responsible for designing, developing, testing and documentation activities related to key enterprise risk reports. A successful candidate will have a solid background in reporting, understanding and utilizing Relational Databases and Data Warehouses, and be effective querying and reporting on large and complex data sets. This role will interface with the Data Management, Governance, and Strategy team(s) within ERA, and includes but is not limited to designing, implementing and maintaining data documentation, data element mappings, data lineage, and overall technology infrastructure documentation as required by Governance and Oversight (G&O) and Enterprise data governance policies. This includes working to automate and create visualizations of documentation data for broader teams to be able to utilize across ERA as well as utilizing tools like the enterprise metadata hub (EMH) to meet requirements and objectives. Other areas of responsibilities includes maintaining and creation of controls reporting, technology release testing, and partnering with upstream data sources to ERA to research and solve data issues and irregularities. An understanding of Data Governance, BCBS 239 reporting principles, and internal Wells Fargo policies and oversight groups including G&O standards and artifacts will assist to maintain regulatory compliance standards.



Responsibilities:


  • Develop a deep understanding of the core data and reporting model(s) within Enterprise Risk Aggregation (ERA).
  • Develop and maintain data documentation including Governance and Oversight (G&O) artifacts, data element mapping, transformation logic, data lineage, business rules and filters, utilizing a variety of tools.
  • Create and interpret Business Intelligence data (Reporting, Basic Analytics, Predictive Analytics and Prescriptive Analytics) combined with business knowledge to expand data documentation capabilities
  • Design rich data visualizations to communicate complex ideas and automate reporting and controls.
  • Work with technology and change management processes to ensure updated to documentation are completed following technology implementations.
  • Create, analyze, and solve Problem Handling (PH) tickets based on data problems and issues, stepping back to understand the broader context and providing detailed root cause analysis.


Market Skills and Certifications


Essential qualifications:
  • 4 to 8 yrs. of experience in risk (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management)
  • Excellent verbal, written, and listening communication skills
  • Demonstrated strong analytical skills with high attention to detail and accuracy
  • 3+ years SQL, Teradata, and or Hadoop experience
  • 3+ years of experience in risk (includes compliance, financial crimes, operational, audit, legal, credit risk, market risk)
  • Experience with BI tools such as SAS, Cognos, Tableau, Microstrategy, or SQL Server Reporting Services (Tableau preferred)
  • Experience researching and resolving data problems and working with technology teams on remediation of data issues
  • Data lineage, data element mapping, data documentation experience

Desired Skills:
  • Experience, understanding, and knowledge of Enterprise Risk exposures within Wells Fargo including credit risk, market risk, or counterparty risk
  • Regulatory or Risk reporting experience (Basel, BCBS 239, Federal Reserve, G&O high risk reports)
  • Experience working with General Ledger, Basel, Counterparty, Market and Credit Risk data
  • Technology requirements and testing experience in data or applications
  • RMII or EMH related experience


We Value Diversity

At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.

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