Wells Fargo
Senior Independent Testing Specialist - Branch Banking
Wells Fargo, Charlotte, North Carolina, United States, 28245
About this role:
Wells Fargo is seeking a Senior Independent Testing Specialist in Independent Testing & Validation (IT&V) Consumer, Small & Business Banking (CSBB) group, as part of Corporate Risk. Learn more about the career areas and lines of business at wellsfargojobs.com (https://www.wellsfargojobs.com/career-areas/) .
The Independent Testing and Validation (IT&V) group is responsible for establishing and maintaining a consolidated Enterprise Testing program at the corporate level. Independent Testing and Validation is responsible for developing a common methodology and standards, providing governance and oversight, executing testing; and conducting horizontal reviews. Testing and validation teams are responsible for implementing the Enterprise Testing methodology, standards, and executing group specific testing.
In this role, you will:
Execute group-specific control testing in accordance with T&V methodology and standards, including assessments of design and operating effectiveness.
Participate as a tester on engagements of varied complexity and regulatory risk exposure.
Evaluate the adequacy and effectiveness of policies, procedures, initiatives, and internal controls.
Thoroughly document test work and reports.
Identify issues and communicate/consult with various levels of management to ensure corrective actions address root cause and meet corporate sustainability requirements.
Maintain authoritative knowledge and full understanding of laws and regulations, regulatory guidance, policy, and procedure concerning all compliance functions reviewed.
Lead or participate in moderate to high risk or complex review activities in a matrixed environment and communicate emerging risks to management within Independent Testing
Contribute to large scale planning related to Independent Testing deliverables
Review and research moderately complex potential corrective actions, and follow through on reporting, escalation, and resolution
Ensure effective and appropriate testing, validation, and documentation of review activities for risk programs and controls according to standards and other applicable policies
Resolve moderately complex issues and lead team to meet Independent Testing deliverables while leveraging solid understanding of risk management framework and the risk and control environment
Collaborate and consult with colleagues, internal partners, management and lines of business regarding risk management
Required Qualifications:
4+ years of Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Experience and knowledge of branch banking products, services, and processes.
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.
Ability to take on a high level of responsibility, initiative, and accountability.
Knowledge and understanding of financial services industry: compliance, risk management, or audit operations.
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
Excellent verbal, written, and interpersonal communication skills.
Specialized knowledge or prior regulatory compliance testing or review experience
Experience creating, executing, and documenting compliance, control, and RCSA testing.
Strong analytical skills with high attention to detail and accuracy
Strong critical thinking skills with ability to credibly challenge status quo.
Strong relationship management skills: ability to negotiate difficult positions without harming relationships.
Intermediate Microsoft Office skills
A BS/BA degree or higher in business administration, finance, or accounting.
Certified Regulatory Compliance Manager (CRCM)
Certified Internal Auditor (CIA)
Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA)
Job Expectations:
This position offers a hybrid work schedule.
No relocation assistance is provided for this job.
Ability to work at one of the approved locations in the job posting.
Ability to travel up to 25%.
Posting Locations:
401 S. Tryon Street - Charlotte, NC
600 S. 4th Street - Minneapolis, MN
1 N. Jefferson Avenue - St. Louis, MO
800 S. Jordan Creek Pkwy - West Des Moines, IA
1150 W. Washington Street - Tempe, AZ
250 E. John Carpenter Freeway - Irving, TX
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$84,000.00 - $149,400.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement
Posting End Date:
24 Nov 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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-415894
Wells Fargo is seeking a Senior Independent Testing Specialist in Independent Testing & Validation (IT&V) Consumer, Small & Business Banking (CSBB) group, as part of Corporate Risk. Learn more about the career areas and lines of business at wellsfargojobs.com (https://www.wellsfargojobs.com/career-areas/) .
The Independent Testing and Validation (IT&V) group is responsible for establishing and maintaining a consolidated Enterprise Testing program at the corporate level. Independent Testing and Validation is responsible for developing a common methodology and standards, providing governance and oversight, executing testing; and conducting horizontal reviews. Testing and validation teams are responsible for implementing the Enterprise Testing methodology, standards, and executing group specific testing.
In this role, you will:
Execute group-specific control testing in accordance with T&V methodology and standards, including assessments of design and operating effectiveness.
Participate as a tester on engagements of varied complexity and regulatory risk exposure.
Evaluate the adequacy and effectiveness of policies, procedures, initiatives, and internal controls.
Thoroughly document test work and reports.
Identify issues and communicate/consult with various levels of management to ensure corrective actions address root cause and meet corporate sustainability requirements.
Maintain authoritative knowledge and full understanding of laws and regulations, regulatory guidance, policy, and procedure concerning all compliance functions reviewed.
Lead or participate in moderate to high risk or complex review activities in a matrixed environment and communicate emerging risks to management within Independent Testing
Contribute to large scale planning related to Independent Testing deliverables
Review and research moderately complex potential corrective actions, and follow through on reporting, escalation, and resolution
Ensure effective and appropriate testing, validation, and documentation of review activities for risk programs and controls according to standards and other applicable policies
Resolve moderately complex issues and lead team to meet Independent Testing deliverables while leveraging solid understanding of risk management framework and the risk and control environment
Collaborate and consult with colleagues, internal partners, management and lines of business regarding risk management
Required Qualifications:
4+ years of Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Experience and knowledge of branch banking products, services, and processes.
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.
Ability to take on a high level of responsibility, initiative, and accountability.
Knowledge and understanding of financial services industry: compliance, risk management, or audit operations.
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
Excellent verbal, written, and interpersonal communication skills.
Specialized knowledge or prior regulatory compliance testing or review experience
Experience creating, executing, and documenting compliance, control, and RCSA testing.
Strong analytical skills with high attention to detail and accuracy
Strong critical thinking skills with ability to credibly challenge status quo.
Strong relationship management skills: ability to negotiate difficult positions without harming relationships.
Intermediate Microsoft Office skills
A BS/BA degree or higher in business administration, finance, or accounting.
Certified Regulatory Compliance Manager (CRCM)
Certified Internal Auditor (CIA)
Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA)
Job Expectations:
This position offers a hybrid work schedule.
No relocation assistance is provided for this job.
Ability to work at one of the approved locations in the job posting.
Ability to travel up to 25%.
Posting Locations:
401 S. Tryon Street - Charlotte, NC
600 S. 4th Street - Minneapolis, MN
1 N. Jefferson Avenue - St. Louis, MO
800 S. Jordan Creek Pkwy - West Des Moines, IA
1150 W. Washington Street - Tempe, AZ
250 E. John Carpenter Freeway - Irving, TX
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$84,000.00 - $149,400.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement
Posting End Date:
24 Nov 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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-415894