Risk Analytics Associate (RCSA, Governance)

About this role:

Wells Fargo is seeking a Risk Analytics Associate.

In this role, you will:

• Participate in low risk initiatives within Risk Analytics
• Review process production, and model documentation in alignment with policy, analyzing trends in current population
• Receive direction from manager
• Exercise judgment within Risk Analytics while developing understanding of analytic models, policies, and procedures
• Provide monthly, quarterly, and annual reports to manager and experienced managers

Required Qualifications:

• 6+ months of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Job Expectations:

• Provide insight and recommendations based on data analysis to support strategic and operational decision-making.
• Gather data points from various ERA functional teams to refresh ERA Governance dashboard.
• Perform Independent testing of controls and process execution of ERA processes.
• Document procedures and any changes to be inline with RCSA guidelines.
• Responsible for independent testing of controls design and effectiveness of control in mitigating risks and ensuring a robust control environment.
• Perform process execution testing to evaluate the efficiency and accuracy of key business processes.
• Collaborate with cross-functional teams to gather relevant information and documentation for testing purposes.
• Develop and maintain testing plans, ensuring comprehensive coverage of relevant compliance and control areas.
• Analyze and interpret testing results, providing meaningful insights and recommendations to enhance control frameworks.
• Responsible for policy alignment reviews.
• Stay abreast of regulatory changes, enterprise policy change and industry best practices to continuously improve testing methodologies.
• Document and communicate findings, working closely with stakeholders to address identified issues and implement corrective actions.
• Proficiency in using reporting tools such as Tableau, Alteryx or Power BI applications.