Business Execution Consultant

About this role:

Wells Fargo is seeking a Business Execution Consultant.

In this role, you will:

• Participate in a variety of assigned and ongoing business operations to ensure success in meeting business goals and objectives
• 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
• Utilize independent judgment to guide moderate risk deliverables
• Present recommendations to develop, implement, and monitor strategic approaches, effectiveness of support function, and business performance improvement opportunities for managing risks of the business
• Exercise independent judgment and provide guidance in diverse support functions and operations for a single business group within a line of business
• Collaborate and consult with leaders and executive management
• Provide work direction to less experienced Strategy and Execution staff

Required Qualifications:

• 2+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Possess strong knowledge of banking products and services across key lines of business, including Consumer Lending, Commercial Banking, Wealth Investment Banking, Trade Finance, and Capital Markets.
• Manage third-party due diligence activities across the relationship lifecycle, including planning and intake, onboarding, risk assessment, contracting, ongoing monitoring, change events, renewal, and termination.

Job Expectations:

• Assess and document the business rationale for engaging a third party, including the nature, scope, criticality, data access, technology dependency, regulatory considerations, and inherent risks associated with the proposed service.
• Apply in-depth knowledge of third-party risk management principles to identify, assess, document, escalate, and support the mitigation of risks related to cybersecurity, information security, data privacy, operational resilience, business continuity, regulatory compliance, financial viability, subcontractor use, concentration, and reputational exposure.
• Evaluate different service types, delivery models, engagement structures, and third-party dependencies to determine applicable due diligence requirements, risk domains, control expectations, and level of ongoing oversight.
• Partner with business stakeholders to gather complete and accurate information regarding the service, data flows, system access, locations, subcontractors, critical processes, and intended use of the third party.
• Review submitted documentation and stakeholder responses for completeness, consistency, and accuracy; identify information gaps; obtain clarifications; and ensure due diligence records are maintained in the designated system with a clear audit trail.
• Coordinate with Lines of Business, Risk Partners, Legal, Compliance, Technology, Information Security, Sourcing, and other subject matter experts to resolve questions, address control gaps, and support timely completion of risk evaluations.
• Serve as a subject matter expert for new and existing third-party relationships by interpreting policy requirements, identifying material risks, advising stakeholders on required actions, and supporting risk-based decisions.
• Translate complex risk, policy, and control requirements into clear, practical, and actionable guidance for business stakeholders, enabling them to understand their responsibilities and meet established requirements.
• Exercise independent judgment and effective challenge when business responses, proposed controls, risk acceptance decisions, or supporting evidence do not adequately address identified exposure or policy expectations.
• Provide timely interim updates, escalation communications, final assessment outcomes, and recommended next steps to relevant stakeholders, ensuring transparency regarding open issues, dependencies, and potential delays.
• Monitor remediation plans, control gaps, exceptions, and outstanding actions through closure; escalate overdue or material items in accordance with governance and risk-management requirements.
• Identify areas of operational strength and opportunities to improve business execution, workflow discipline, documentation quality, stakeholder experience, cycle time, control effectiveness, and adherence to service-level expectations.
• Research, develop, and recommend process improvements, action plans, standard procedures, controls, reporting mechanisms, and strategic approaches that improve the effectiveness and scalability of the third-party risk management program.
• Track performance against established metrics and policy requirements, analyze trends and recurring issues, and present clear recommendations to management for strengthening risk governance and business performance.
• Maintain current knowledge of enterprise third-party risk management policies, standards, procedures, regulatory expectations, and industry practices, and apply that knowledge consistently across assigned engagements.
• Assess third-party technology, cloud, software-as-a-service, and artificial intelligence use cases in coordination with relevant specialists, considering factors such as data handling, access controls, model governance, human oversight, transparency, resilience, subcontractor dependencies, and compliance with technology and vendor-management requirements.
• Support an accountable, collaborative, and risk-aware culture by managing multiple priorities, meeting committed timelines, maintaining high-quality documentation, and communicating professionally with stakeholders at all levels.