Business Execution Consultant 3 - Contingent

Job#: 2046939

Job Description:

Job Description: In this contingent resource assignment, you may: Consult on or participate in moderately complex initiatives and deliverables within Business Execution and contribute to large-scale planning related to Business Execution deliverables. Review and analyze moderately complex Business Execution challenges that require an in-depth evaluation of variable factors. Contribute to the resolution of moderately complex issues and consult with others to meet Business Execution deliverables while leveraging solid understanding of the function, policies, procedures, and compliance requirements. Collaborate with client personnel in Business Execution. Required Qualifications: 4+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work or consulting experience, training, military experience, education.
THIRD PARTY RISK experience is required, please do not submit candidates without relevant job experience. We are ideally looking for 7+ years of relevant work.
About this role:
Wells Fargo is seeking a Business Execution Consultant 3
In this role, you will:
• Participate in a variety of assigned and ongoing business operations to ensure success in meeting business goals and objectives
• 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:
• 8+ 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:
• Good knowledge of Ariba, STORM (Process Unity), ServiceNow and SAP tools
• Excellent verbal and written communication skills - need to interact with Third Party vendors.
• Contract negotiation with stakeholders
• Contract Lifecycle management
• Third Party Risk Assessment
Job Expectations:
The candidate needs to have experience on either one of the activities mentioned below (Preferably Both):
Primary Business Liaison (PBL) Activities
• The PBL sits within a business group or enterprise function, manages the outsourcing process, and is accountable for managing the third-party engagement in compliance with policy.
• The PBL must understand the contract details and the inherent and residual risks the third party represents to Wells Fargo.
• The PBL is expected to apply business expertise to the management of a third-party engagement that factors identified risks and issues into business decisions related to that engagement.
• The PBL monitors and manages the third partys performance to the contract and reports the output of these activities to the business owner, relationship manager, and TPP.
• The PBL is accountable for reviewing and approving TPP life cycle requirements.
Line of Business Relationship Manger (LOB-RM) Activities:
• The LOB-RM sits within a business group or enterprise function, manages the outsourcing process and is accountable for managing the third-party engagement in compliance with policy.
• The LOB-RM reinforces third-party performance and risk-management expectations.
• The LOB-RM is responsible for managing escalations from the business owner or Supply Chain Management related to third-party contract compliance, performance, and ability or willingness to meet TPP life cycle requirements (including monitoring third-party regulatory compliance).
• The LOB-RM will be responsible for reviewing all negative news alerts and will follow TPP guidelines if it is determined to be material.
• The LOB-RM will be responsible for performing all required Business Reviews.

EEO Employer

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