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Lead Independent Testing Officer - Wealth & Investment Management

Company: Wells Fargo
Location: Saint Louis
Posted on: September 24, 2022

Job Description:

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. About this role: Wells Fargo is seeking a Lead Independent Testing Officer in Independent Testing & Validation (IT&V) as part of Corporate Risk . Learn more about the career areas and lines of business at . The Independent Testing and Validation (IT&V) 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. The Wealth & Investment Management (WIM) T&V Lead Independent Testing Officer, will be responsible for executing a risk-based control testing program to assess compliance with significant regulatory requirements and applicable corporate policies as well as assessing the design and operational effectiveness of business processes. The Officer must ensure adherence to the Independent Monitoring, Testing, and Validation Policy as well as other associated polices such as the Issue Management Policy. The Officer leads and executes review activity engagements in a matrixed environment, and communicates emerging risks to management. The Officer performs effective and timely testing-related independent credible challenge internally; completes all documentation and appropriately retains all work papers (testing schedule, templates, work-papers, deferrals, deviations, etc.); and escalates issues identified during review. This position reports to an Independent Testing Director or Senior Manager.In this role, you will:

  • Leads and executes moderate to high risk or complex review activities/engagements in a matrixed environment, and communicates emerging risks to management.
  • Completes review activities on schedule. Raises schedule delays to the review activity lead with proposed resolution plans. Creates schedules for reviews.
  • Escalates any potential issues discovered during the completion of review activities to a review lead. Identifies potential corrective actions, and follows through on reporting, escalation, and resolution. Performs effective and timely testing-related independent credible challenge internally.
  • Completes all documentation and appropriately retains all work papers (testing schedule, templates, work-papers, deferrals, deviations, etc.). Solicits and aggregates emerging risks from teams as review activities are performed. Required Qualifications, US:
    • 5+ years of Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:
      • Proficiently builds constructive and effective relationships, and holds self accountable for delivering on commitments and renegotiates when needed.
      • Has proficient level of knowledge regarding testing topics, risk types, line of business process walkthroughs, test results, quality assurance, researching, and issue identification.
      • 5+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 5+ years of financial services industry experience, of which 5+ years must include direct experience in risk management.
      • Proficient at listening without interrupting or instantly judging; asks clarifying questions as needed.
      • Can proficiently evaluate both the adequacy and effectiveness of policies, procedures, processes, systems and internal controls; while analyzing business and/or systems changes to determine impact.
      • Advanced Microsoft Office skills
      • Critical Thinking and Analytical skills
      • Excellent verbal, written, and interpersonal communication skills
      • Strong analytical skills with high attention to detail and accuracy
      • Proficiently builds constructive and effective relationshipsJob Expectations:Posting Location:
        • Charlotte, NC
        • Fort Mill, SC
        • Irving, TX
        • West Des Moines, IA
        • Minneapolis, MN
        • Tempe, AZ
        • St Louis, MO Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered for current Wells Fargo employees. 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, 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.

Keywords: Wells Fargo, St. Louis , Lead Independent Testing Officer - Wealth & Investment Management, Executive , Saint Louis, Missouri

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