Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 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 than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune's 2017 rankings of America's largest corporations. Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories .
Market Job Description
About Enterprise Global Services
Enterprise Global Services (EGS) enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services and Knowledge Services. EGS operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about EGS at our International Careers website .
The Supply Chain Management team within the Shared Services department is primarily responsible for contract negotiation and procurement of goods and services.
About the Role
Evaluates the adequacy and effectiveness of Third party policies, procedures, processes, systems and internal controls; analyzes business and/or systems changes to determine impact; identifies and assesses operational issues and updates information consistent with established policy standards
Responsible for developing, implementing and monitoring a risk-based program to identify, assess and mitigate any operational risk that arises from inadequate or failed internal third party processes, people, systems or external events, while maintaining a balance between risk
Coordinate with the various stakeholders (Engagement managers, SCM, Risk, vendors, Third party officer and Legal team) on the respective engagement records under the Vendor Relationship, Review the type of Engagements and provide necessary inputs to the Engagement managers on the Vendor relationship with the Bank.
Good understanding of Supply chain Life Cycle
Responsible for meeting all vendor management program requirements and policy compliance. Develops performance metrics and monitors supplier performance. Accountable for category savings targets, and performance measurements.
Review the contractual language and Policy for certain assessment and help the Engagement managers to perform certain assessments.( Background Check assessment, Insurance, Sub Contractor Assessments, Anti Bribery and Corruption)
Work with the risk partner in sharing the appropriate evidences and ensuring timely closure of the review findings.
Market Skills and Certifications
University degree in Business or related discipline.
Minimum 8 to 10 years of overall experience
Working experience in Third party Risk management policy and tools.
Excellent interpersonal and communication skills and experience in Managing LOB expectation in line with the business needs.
In-depth knowledge of Supply Chain Management practices
Leadership Expectations at Wells Fargo
As a Team Member manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:
Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.
Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Internal Number: 6559601
About Wells Fargo
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