Lead Business Execution Consultant - Third Party Risk Insights

Job description

About this role: Wells Fargo is seeking a Lead Business Execution Consultant for Third Party Risk Insights to join our dynamic risk management team. In this pivotal role, you will be responsible for designing, building, and executing processes for the identification, management, and remediation of risk related to third parties. Your role will ensure that our third-party risk posture remains robust, compliant, and aligned with our organization’s risk appetite. In this role, you will: Process Design and Implementation: Lead the creation and continuous improvement of processes to manage third party risk findings, ensuring effective identification, tracking, and closure of issues. Monitor material findings and mandatory remediation actions and timelines. Remediation Monitoring: Establish monitoring protocols for weak rated assessment remediation, ensuring timely and effective risk reduction in accordance with organizational standards. Escalation Processes: Define and maintain escalation procedures for unresolved or high-impact findings, enabling timely leadership awareness and intervention. Collaboration and Communication: Work cross-functionally with internal stakeholders, including r...