About this role:
Wells Fargo is seeking a Business Executive Consultant as part of the Global Privacy Utility Team within the Chief Operating Office. This role will be an integral part of a diverse, multidisciplinary team to promote sustainable issue management and effective internal control practices for the Global Privacy Utility and its supporting business lines. Learn more about the career areas and lines of business at wellsfargojobs.com.
In this role, you will have administrative responsibilities such as:
- Serve as a central point of contact for testing requests and inquiries.
- Execute supporting activities, initiatives and practices for all applicable aspects of the GPU’s Issue Management (IM) Policy compliance.
- Provide the GPU with strategic support in coordinating & executing the issue management lifecycle from issue identification through closure (e.g., remediation, ISMs & Tollgates).
- Actively participate and drive remediation/corrective action developments for audit findings and other self-identified issues.
- 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
- Execute the design, development, implementation, and management of various initiatives related to emerging risks, regulatory change, and policy impacts.
- Facilitate the completion of enterprise assessments such as Risk Control Self-Assessment (RCSA) and Enterprise Risk Identification and Assessment (ERIA) by collaborating closely with other functional leads, process owners, and front-line Control Management partners.
- Establish strong partnership with Chief Operating Office lines of business, Supplier Management Center of Excellence (COE), and other key stakeholders and business partners.
- Provide subject matter expertise in third party risk management for Chief Operating Office lines of business engagement managers and relationship managers.
- Identify opportunities for efficiency and effectiveness as well as cost savings by optimizing supplier/vendor spend and cross-group utilization in partnership with the line of business.
- Work closely with Third Party Program Owners and the Control Executive team for resolution of complex questions, interpreting third party risk requirements, directing the completion of onboarding activities, annual re-reviews, and assessments, while coordinating risk acceptances, and remediation with the appropriate SHRP Risk Acceptance and Group Issue Management teams.
- Work with business to establish effective Records Management controls.
- Provide oversight over structured eRecord processes, including electronic record code alignment and establishment of application purge capabilities.
- Assisting Business with identification of unstructured records, assignment of record codes, and implementation of processes and systems to manage the information.
- Addressing gaps or inadequacies in records management controls and processes.
- Facilitating destruction and placement of records
- Providing oversight of physical records inventories and associated metadata.
- Evaluating the applicability of Records management Policy requirements to supported businesses.
- Supporting testing and audits of Records Management processes and controls.
- Experience or knowledgeable of practices related to delivering privacy and data protection, breach management or regulatory privacy projects or other similar work.
- Experience with or basic working knowledge of at least some privacy program components and common supporting workflows, including but not limited to:
- Regulatory monitoring.
- Business requirements definition.
- Policy and procedure drafting.
- Data inventory and information flow mapping.
- Privacy risk management.
- Third party management.
- Interactions with consumers / individuals (data subject requests).
- Incident management and breach notifications.
- Bachelor’s degree in an information technology, business, or related discipline from an accredited college/university.
- 6+ years of related work experience in an in-house privacy team, data privacy consulting or equivalent academic experience with a commensurate advanced degree.
- Working knowledge of key privacy regulations, including but not limited to GDPR and CCPA.
- Proven people skills: demonstrates thorough knowledge and/or a proven track record of success with operating in a banking or a financial organization.
- Proven ability to effectively collaborate.
- Excellent written, oral, presentation skills, innovative thinker.
- A proven record of success working seamlessly in a virtual environment to complete projects with team members based in various locations, domestically and globally.
- Demonstrates creative thinking, individual initiative, and flexibility in prioritizing and completing tasks, particularly in face of a rapidly changing technology, regulatory, and cultural landscape and shifting client priorities.
- Keeps up to date with the Security and Privacy Industry – following the industry’s advancements, challenges, and discovery
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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.