Enterprise Risk Sr Associate- Risk Reporting, Data Management

October 30 2020
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 regulatory or risk reporting and governance practices including G&O policies, Enterprise Data Governance policies, and Issue management. This role will help create and maintain G&O artifacts, important process documentation, and act as an independent reviewed or the broader ERA team functions. Other areas of responsibilities includes the design and maintenance of effective controls across the ERA business including managing EUCT policy adherence for ERA. 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.


  • Assist in the creation, management, and storage of required G&O artifacts for ERA
  • Assist in issues management for ERA including SHRP system updates, issue milestones and validation, and senior leader reports or reviews
  • Design, build, and execute effective controls on ERA datasets, reports, and processes.
  • Engage with EC&O, G&O, COSO, Audit, Compliance, RMII, and other governance bodies
  • Assist in managing the EUCT inventory and controls for ERA
  • Perform quality reviews and credible challenge sessions to ensure sufficient compliance to policies
  • Assist in managing ERA SharePoint and shared drives

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 of experience in risk (includes compliance, financial crimes, operational, audit, legal, credit risk, market risk)
  • Regulatory or Risk reporting experience (Basel, BCBS 239, Federal Reserve, G&O high risk reports)
  • Experience implementing regulatory and risk reporting standards (Governance & Oversight policy and artifacts) or working closely with EC&O, G&O or COSO teams

Desired Skills:
  • Issues management and or SHRP experience, including resolution of formal SHRP issues
  • Experience, understanding, and knowledge of Enterprise Risk exposures within Wells Fargo including credit risk, market risk, or counterparty risk
  • Experience working with General Ledger, Basel, Counterparty, Market and Credit Risk data
  • SQL, Teradata, and or Hadoop experience
  • 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

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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