Independent Testing Specialist - Corporate & Investment Banking

About this role :

Wells Fargo is seeking an Independent Testing Specialist within Independent Testing & Validation (IT&V) Corporate & Investment Banking (CIB) as part of Corporate Risk.

Learn more about the career areas and lines of business at wellsfargojobs.com .

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.

In this role, you will :

• Participate in less complex development and design of methodologies and standards for review activities companywide in alignment with the risk management framework
• Ensure effective and appropriate testing, validation, and documentation of review activities for risk programs, risks, and controls according to standards and other applicable policies within Independent Testing
• Participate in process walkthroughs and document narratives including key risks, controls, systems and stakeholders for lead / supervisor review
• Execute assigned testing activities exercising effective quality review behaviors and seek guidance through research and consultation with engagement management;

assess findings, and escalate / communicate to engagement management, business, partners as applicable

• Support and implement less complex initiatives with low to moderate risk and exercise independent judgment to guide risk reporting, escalation, and resolution
• Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in risk management framework and the risk and control environment
• Collaborate and consult with colleagues, internal partners and management
• Follow through on reporting, escalation of issues / challenges, and resolution of open testing / validation items.
• Operate in a matrixed environment and communicate emerging risks to management within Independent Testing
• Contribute to large scale planning related to Independent Testing deliverables.
• Act as a change agent for continual improvement of the control environment.

Required Qualifications :

2+ 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 at Big Four / super regional public accounting firm with experience in business process, regulatory, or compliance audits and / or advisory / consulting services preferred.
• Previous experience in Corporate Investment Banking.
• Critical thinking and analytical skills
• Testing, Audit, regulatory and risk management experience.
• Ability to identify issues, risk and escalate to the appropriate party
• Full testing lifecycle experience that includes determining scope, designing test scripts, executing tests, identifying and escalating issues and risks, and documenting and reporting results
• Issues management, validation and tracking
• Proficient in Microsoft Office (Word, Excel, Outlook, and PowerPoint)
• Demonstrated negotiation skills, ability to effectively drive results, provide feedback / direction, and strong organization and ability to prioritize

Job Expectations :

• This position is not eligible for Visa sponsorship.
• This position offers a hybrid work schedule.
• Willingness to work on-site at stated location on the job opening.

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

This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check.

Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification.

Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents

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.

$63,600.00 - $113,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs 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 : 17 Nov 2024

17 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 .

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.