Lead Business Execution Consultant - Settlement & Financial Operations for Merchant Services

About this role :

Wells Fargo is seeking a Lead Business Execution Consultant supporting settlement and financial operations as a part of Merchant Services.

In this role, you will :

• Lead a Settlement & Financial Operations team in Merchant Services Operations focused on executing daily tasks in support of settlement accounting, cash management, revenue assurance, and various financial operations activities.
• Drive accountability for assigned initiatives, limit risk exposure, and create efficiencies as appropriate
• Review strategic approaches and effectiveness of support function and business performance
• Perform assessments through fact finding and data requiring creative approaches to solving complex issues, and develop appropriate solutions or recommendations
• Make decisions in highly complex and multifaceted situations requiring solid understanding of Settlement & Financial Operations, facilitate decision making and issue resolution, and support implementation of developed solutions and plans
• Collaborate and consult with members of the Merchant Services Operations team leaders to manage daily settlement and financial operation activities
• Influence, guide and lead less experienced Strategy and Execution staff within the group
• Improve and implement solutions to support high value settlement, funding and financial operations activities
• Exercise independent judgement to identify and resolve problems
• Perform research to resolve complex business issues as well as lead and support team members as they learn through the process
• Monitor appropriate risk mitigation activities
• Lead effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important

Required Qualifications :

5+ 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 :

• 5+ years' experience in merchant services or payments : financial operations and settlement accounting
• Expertise in merchant services cash management
• Experience with Revenue Assurance
• Expertise in merchant services transaction and settlement funding processes
• Experience, knowledge and understanding of financial accounting related to merchant services processing
• Knowledge of card payment network quarterly reporting & card network fees
• Experience working with business partners in the areas of Finance, Accounting, Treasury, Risk, Operations, and Relationship Management
• Experience with client / customer and / or third-party relationships and support

Job Expectations :

• This position offers a hybrid work schedule with a minimum of three days in office per week.
• This position is not eligible for Visa sponsorship.

Posting End Date : 26 Sep 2024

26 Sep 2024

Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US : All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Candidates applying to job openings posted in Canada : Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities.

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements :

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.