Lead Independent Testing Officer - Corporate Investment Banking (CIB) Testing and Validation

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 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.

Corporate Investment Banking (CIB) Testing and Validation, within IT&V, is seeking a Lead Independent Testing Officer to lead and assist with the development and execution of testing and issue validation activities, including independently assessing the design and operating effectiveness of CIB - Commercial Real Estate (CRE) business controls in accordance with Enterprise, CIB standards and Line of Business (LOB) specific requirements.

This position will also be responsible for covering the Commercial Credit Workout (CCW) businesses.

In this role, you will :

• Lead complex initiatives executing moderate to high risk or complex review activities and engagements with subject matter expertise in technology, information security, and data management compliance and operational risks.
• Lead assessments of the adequacy and effectiveness of policies, procedures, processes, systems, and control environment.
• Ensure teams execute testing and remediation validation in an effective manner with high quality, according to IT&V standards and other applicable policies.
• Lead initiatives and enhance validation testing strategies by utilizing data profiling, data analysis, and data mapping.
• Lead planning and scoping activities and assessment of adequacy and effectiveness of policies, procedures, processes, systems, and control environment and ensures market / business / regulatory changes are incorporated.
• Responsible for determining engagement's scope and approach for engagement management approval.
• Ensure effective and appropriate testing, validation, and documentation of review activities for issue remediation.
• Lead engagement execution activities and performs quality reviews, assesses findings, and escalates to engagement management.
• Provide thoughtful credible challenge and follow through on reporting and resolution per procedural guidance, escalating findings as required.
• Make decisions in complex situations requiring solid understanding of the risk management framework and the risk and control environment that influence and lead issue validation activities to meet deliverables and drive new initiatives.
• Manage stakeholders' relationships exercising effective communication behaviors.
• Mentor and coach team members.

Required Qualifications :

5+ years of Independent Testing experience, or equivalent demonstrated through one or a combination of the following : work experience, training, military experience, education

Desired Qualifications :

• Meets one or a combination of the following that results in a total of 5 years of experience : testing controls or audit experience at Big Four / super regional public accounting firm.
• Full testing lifecycle experience that includes determining scope, designing test scripts, executing tests, identifying and escalating issues and risks, and documenting and reporting results.
• Knowledge and understanding of complex regulatory / compliance issues and potential solutions.
• Knowledge and understanding of audit methodologies and tools that support audit processes.
• Can expertly evaluate both the adequacy and effectiveness of policies, procedures, processes, systems and internal controls, while analyzing business and / or systems changes to determine impact.
• Ability to articulate complex concepts in a clear manner.
• Outstanding problem solving and decision-making skills.
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
• A BS / BA degree or higher.
• Strong presentation, documentation, and organizational 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 relationships.

Prefer one or more of the following certifications :

• Certified Information Systems Auditor (CISA)
• Certified Internal Auditor (CIA)
• Certified Public Accountant (CPA)
• Certified Regulatory Compliance Manager (CRCM)
• Certified Risk and Compliance Management Professional (CRCMP)
• Certified Risk Professional Program (CRP)
• Certified Information Systems Security Professional (CISSP)
• Certified in Risk and Information Systems Control (CRISC)

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 Location :

401 S Tryon Street - Charlotte, NC

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.

Posting End Date : 28 May 2024

28 May 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.