Business Initiative Consultant 2 / Commercial Banking/Offboarding Consultant

Job Description

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wholesale Banking provides financial solutions to businesses across the United States and globally. Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.

Accountable for the successful management of the BBG customer life cycle and ensuring BBG is compliant with Wholesale risk requirements

• Design and manage sustainable new Quarterly Exit Review process for BBG
• Build, publish and manage processes and procedures in partnership with key Line of Business contacts
• Drive the design and implementation of strategies and associated processes specific to Portfolio Risk Management Office (PRMO) initiatives
• Manage and facilitate PRMO related communications and training
• Partner with Transfer Governance team; accountable for application and adherence to BSA/AML standards on customer transfers
• Other job duties, as assigned

Account Management and Controls:

• Overseeing effective process and controls around the end of life cycle of Wells Fargo relationship
• Drive optimization and execution of Treasury Management and Deposit closures while minimizing reputation and operational risk to the bank
• Oversight of account review, letter development and all execution activities related to the off boarding process.
• Pro-actively manage and solve scenarios and issues that arise to ensure accurate and timely closures
• Communicate with various levels of leadership across multiple lines of business
• Ensure team is meeting all required deadlines
• Process Development and Enhancement:
• Develops standardized system of effectively monitoring and executing off boarding process for all lines of business
• Identifies areas of opportunity and executes ongoing process efficiency enhancements
• Develops and enhances internal procedures, as required.

Relationship Engagement and Management:

• Partnering with Merchant Services, Small Business Lending and Credit Management Group numerous activities
• Serves as key liaison with all of PRMO’s cross-functional partners
• Ensure that any changes to process and procedures are effectively communicated to internal partners, including relationship managers (as applicable)
• Supports cross functional initiatives, as need

Team members 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 and if 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.

• 6+ years of experience in one or a combination of the following: project management, implementation, or strategic planning

• Wholesale banking experience
• Outstanding problem solving and analytical skills with ability to turn findings into strategic imperatives
• Knowledge and understanding of strategic planning and execution
• Ability to manage complex initiatives
• Ability to assess issues, make quick decisions, implement solutions, and influence change
• Ability to work effectively, as well as independently, in a team environment
• Ability to think strategically, implement, and deliver business objectives
• Leadership skills including the ability to influence effectively in a matrix environment
• Strong relationship management skills
• Superior project management skills including the ability to handle multiple projects concurrently
• Experience navigating through ambiguity
• A BS/BA degree or higher

• Attention to Detail
• Commercial Banking, Financial Crimes background, Corner Stone application
• Deposit and Treasury Management product expertise
• Ability to partner across different operations areas within Treasury Management and outside of Treasury Management
• Knowledge of Hogan/SVP

• Ability to travel up to 10% of the time

NC-Raleigh: 1100 Corporate Center Dr - Raleigh, NC
AZ-PHX-Central Phoenix: 100 W Washington St - Phoenix, AZ
CO-Denver: 1700 Lincoln St - Denver, CO
MN-Saint Louis Park: 435 Ford Rd - Saint Louis Park, MN
GA-Atlanta: 3579 Atlanta Ave - Atlanta, GA
TX-DAL-Downtown Dallas: 1445 Ross Ave - Dallas, TX
IA-Des Moines: 800 Walnut St - Des Moines, IA
MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.