Job Description

About Wells Fargo : Wells Fargo & Company (NYSE: WFC) is a leading global financial services company with $2.0 trillion in assets and offices in over 37 countries. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides asset management, capital raising and advisory, financing, foreign exchange, payments, risk management, and trade finance services to support customers who conduct business in the global economy. At Wells Fargo, we want to satisfy our customers\' financial needs and help them succeed financially. We also value the viewpoints of our team members and encourage them to be their best. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. Learn more at our . Department Overview The Independent Testing & Validation team is responsible for the development and design of methodologies and standards for review activities across the Enterprise in alignment with the Risk Management Framework and ensuring effective and appropriate testing, validation, and documentation of review activities for risk programs, risks, and controls according to standards and other applicable policies. About the Role This role is in the Corporate Risk T&V team within Independent Testing & Validation (IT&V). This is a centralized team, operates as a second line of defense key Corporate Risk processes and major requirements. The team is an integral part of the Company\'s control environment and provides credible challenge to relevant participants in the reporting processes. This team has enterprise-wide exposure to lines of business, regulatory and risk reporting stakeholders as well as internal audit. The Lead Independent Testing Officer role will provide strategic support for testers by gathering requirements and delivering data needs and detailed analysis for their organization. Market : Responsibilities of the Officer role include, but are not limited to: Leading execution of moderate to high risk or complex testing activities/engagements in a matrixed environment, and communicates emerging risks to management Timely completion of testing engagements in accordance with annual test plan Leading and supporting efforts to credibly challenge risks in the end-to-end regulatory reporting processes and effectively evaluate controls to mitigate those risks Partnering with business partners to understand the environment and related initiatives to develop appropriate and complementary testing procedures Documenting test results and issues identified while also providing and communicating recommendations to management Reviewing and interpreting new and revised corporate and IT&V policies and procedures and assess impacts Developing clear and concise reporting to be shared with IT&V management and Front Line Units Building relationships and collaborating with key stakeholders in the applicable line of business, other second and third line functions, and IT&V functions Identifying and implementing efficiencies and process improvements, including automation opportunities pertaining to metrics and reporting The successful candidate will be a team player and a self-starter who is accustomed to working in complex organizations, partnering with a diverse group of stakeholders, and achieving results. Candidates with strong experience in Testing and validation in space of Credit Risk, Market Risk, Operational Risk, Model Risk and EUCT governance and testing are encouraged to apply. Required Qualifications 10+ years of relevant experience in risk reporting and risk management includes model risk, compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) 5+ years must include direct experience in risk reporting and testing Desired Qualifications Knowledge and understanding of financial services industry: compliance, risk management, or audit operations A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting Big four public accounting experience A Master of Business Administration (MBA) or a Certified Public Accountant (CPA) designation Technical knowledge in data mapping and data lineage tracing Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important Specialized knowledge or prior experience in Credit Risk, Market Risk, Operational Risk, Model Risk / EUCT testing or review experience Experience reviewing testing strategies and methodologies evaluating the adequacy and effectiveness of policies, procedures, processes, initiatives, products and internal controls and identifying issues resulting from internal and/or external compliance examinations Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) Ability to present results of analyses and recommendations to senior leaders or executives OTHER DESIRED QUALIFICATIONS : Experience supporting Regulatory Exams and Audits Strong critical thinking and analytical skills with high attention to detail and accuracy Demonstrated success with influencing business units to identify, formulate and implement processes/procedures to mitigate risk Demonstrated negotiation skills, especially with difficult topics when partnering with lines of business and technology. This includes the willingness and ability to question decisions, understand direction and escalate issues, where necessary 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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. 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.

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