Business Risk & Controls Associate
- Wells Fargo
- 6 - 10 years
- Hyderabad
- 5 years ago
- Email to a friend
- Report this job
Job Description
About the Role
Application Business Owner Secondary Entitlement Review (ABOSER): Supports CIB lines of business in the Applications Business Owner Secondary Entitlement Review Process. Also responsible in identifying and getting the access removals processed on identified access anomalies.
Responsibilities
This position requires an understanding of Access Management program
Perform a continuous organizational evaluation of end users of high-risk applications to detect access anomalies.
Utilizing rules to detect anomalies, log all potential triggered exceptions in a central tracking sheet.
Review trigger events and determine if access is appropriate.
Getting the access removals processed on identified access anomalies track in the central tracking sheet.
Maintain metrics for each application reviewed to include number of employees who have access, lines of businesses who have access, number of trigger events, number of processed removals, and summary of reason why trigger events did not result in removals.
While reviewing each application, should analyze entitlement definitions to ensure the applied plain business language meets the corporate standard.
Identified deficiencies should be logged and escalated to the users and their managers for review.
Ensure end-to-end review process steps are followed through.
Annually, Team should have completed a review of end users who have access to Trade Execution applications and cross-reference users against Settlement and Money Movement applications. End users who have write access to both Trading and Settlement (and/or) Money Movement applications should be logged in a tracking sheet and reported periodically.
Ensures identified risks and/or problems are clearly documented and interacts with appropriate parties for timely resolution.
Essential Qualifications
6+ years of experience in a banking/ mortgage process
University degree in Business or related discipline.
Excellent verbal and written communication skills.
Strong Quality control and assurance experience coupled with good Risk knowledge
Excellent reporting skills and advanced Excel knowledge
Desired Qualifications
Experience in Securities, Investment Baking and FX functions
Job Classification
Industry: Banking, Financial Services, BrokingFunctional Area: Accounts, Finance, Tax, Company Secretary, Audit, Role Category: Finance/AuditRole: Finance/AuditEmployement Type: Full timeEducation
Under Graduation: B.Com in CommercePost Graduation: MBA/PGDM in FinanceContact Details:
Company: Wells FargoLocation(s): Hyderabad
Keyskills: Assurance Executive Management Risk management Monitoring Risk mitigation
Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community- based financial services company with $1. 9 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more ...
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in