Assistant Vice President, Business Continuity Planning
The Wells Fargo Foundation
Location
Chennai | India
Job description
About this role:
Wells Fargo is seeking a Business Accountability Specialist with hands on experience in Business Continuity Planning and Execution
In this role, you will:
- You will directly support documentation and maintenance of Business Continuity Plans (BCP) including input and maintenance of data integrity into the BCP system of record.
- Take an ownership role in implementing change, resolving issues, and driving operational excellence.
- Schedule and lead all Exercise & Maintenance activities with assistance from Business Resiliency Managers and Functional Managers of respective plans to complete and document all required activities (Business Impact Analysis, Risk Assessment, Data Validations, Plan Distribution, Walkthrough, Functional Exercises, etc.) annually or as required and ensure all requirements are met
- During Exercise & Maintenance, you may facilitate and interface with Audit, Compliance, Legal, Regulatory, Technology, and Control partners.
- Understand the Enterprise Resiliency Framework and support the Resiliency Officers in enforcement of the overall resiliency vision, strategy, and objectives to their respective Business Resiliency Managers
- Identify and resolve BCP risk by reviewing and providing feedback regarding any identified issues or control weaknesses to ensure documented Risk Assessments accurately reflect residual BCP risk, including any identified weaknesses, accepted risks, and/or action plans and to ensure business and technology recovery strategies support business needs, are realistic, and support product/service impact tolerances to support customer experience and regulatory requirements.
- Work with BRMs and plan owners to resolve findings from Enterprise Business Continuity Resiliency Planning (EBCRP) Quality Reviews
- Ensure BCPs exist for all active business functions and the BCPs are implemented, documented, exercised, maintained, and comply with EBCRP requirements in the policy and guidebook. In addition, ensure timely updates are made to the BCPs as changes occur within the organization.
- Communicate BCP incidents to BRMs and plan owners and participate in incident response activities for the business, including assessment calls, business communications, impact determination, and monitoring of remediation activities
- Support the Business Resiliency Manager during incidents to include progress reporting and other necessary activities to facilitate an effective response. Incidents may require BRC coordination and support after hours and on weekends as incidents occur.
- Comfortable presenting to employees and management.
Required Qualifications:
- Experience in Business Operations, Leadership, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
- Willingness to work US domestic hours to support US managers through resiliency planning, exercises and maintenance of their Business Continuity Plans.
- Some after hour engagements may be required for incident response & coordination of impact
Desired Qualifications:
- Experience in business continuity planning experience
Exposure to Wells Fargo Internal Business Continuity Plan Repository (ORS, ERS or LDRPS) - Experience managing Business Continuity Plan documents
Excellent verbal, written, and interpersonal communication skills
The role requires a sense of urgency, passion for results, and personal accountability for achievement - Strong analytical skills with high attention to detail and accuracy
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment - Ability to grasp complex business issues quickly, recommend solutions, and drive for resolutions
- Ability to work and influence successfully within a matrix environment and build effective business partnerships and collaborating with other business and functional areas including in a virtual environment where key team members and partners are in various time zones and locations.
Job Expectations:
- Ability to travel up to 10% of the time.
- Knowledge and understanding of finance in banking: regulations, compliance, policies, process, and procedures with a focus on Business Continuity Planning and Risk Management
Posting End Date:
9 Mar 2024
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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.
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