Financial Crimes Testing & Validation - Independent Testing Executive

at  Wells Fargo

CORPORATE RISK

As the company’s second line of defense, Corporate Risk - or Independent Risk Management - provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo’s risk management program and provides oversight, including challenges to and independent assessment of the frontline’s execution of its risk management responsibilities. We manage risk according to the Risk Management Framework and ensure all employees understand their individual accountability for managing risk.

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

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

Required Qualifications:

• 8+ years of experience in Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 4+ years of Management experienc

Desired Qualifications:

• 7+ years of leadership experience.
• 6+ years of IT&V leadership experience
• Proven track record of building, transforming, and maintaining high performing organizations
• Expertise with testing methodologies, quality assurance processes, and financial services line of defense model
• Graduate Degree in Financial Services, Business Management, Accounting, or related field
• Extensive experience in data/metric driven management techniques involving goal setting, goal measurement, and goal delivery
• Experience leveraging data (structured and unstructured) and automation to improve speed, quality and efficiency
• Financial Crimes centric certification (s) such as CAMS, CFCS and/or CFCI
• Demonstrated expertise in key financial crimes areas including but not limited to Know Your Customer (KYC), Customer Identification Program (CIP), Customer Due Diligence (CDD), sanction screening, non-financial regulatory reporting for financial crimes, and Suspicious Activity Reporting (SAR)
• Deep understanding and hands-on experience with resource capacity management topics and tools
• Lead effectively in a matrixed organization, developing partnerships with many functional areas, and influencing skills.
• Ability to think strategically, identify business challenges, and proactively develop innovative solutions to address them.
• Strong interpersonal skills with the ability to effectively communicate complex ideas, collaborate across departments, and build consensus among stakeholders.
• Proven ability to adapt to evolving technologies, industry trends, and business requirements, with a commitment to continuous learning and professional developmen

Wells Fargo is seeking a Financial Crimes Testing & Validation Independent Testing Executive. As a part of Wells Fargo’s second line of defense and Independent Risk Management team, Independent Testing Executives are responsible for development and design of methodologies and standards for review activities and ensuring effective and appropriate testing, validation, and documentation of review activities for risks and controls according to standards and other applicable policies.
The Financial Crimes Testing and Validation Independent Testing Executive will be responsible for leading a team of risk professionals who are accountable for leading Financial Crimes testing and validation efforts, providing independent, comprehensive testing of operational and compliance risks for Financial Crimes, and enhancing collaboration with key business partners. This person will work with IT&V teams and partners to identify strategic opportunities.

In this role, you will:

• Manage a team that includes multiple levels managers in accomplishing overall strategic priorities
• Develop and design methodologies and standards for review activities across the Enterprise 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
• Provide strategic leadership and manage execution of significant elements of companywide testing programs
• Serve as primary representative for Independent Testing and foster key relationships with corporate, business heads, Legal, Audit sub-committees, and executive leadership forums
• Independently challenge testing related business management decisions, processes and activities
• Oversee programs or initiatives related to a line of business or an Enterprise strategy with considerable impact across the Enterprise and externally
• Own oversight of line of business or regional programs to ensure effective, efficient and accurate testing and validation
• Serve as primary contact for corporate, business heads, Legal, Audit, regulators, industry partners, elected officials and trade groups on risk related topics
• Manage an entire program or series of initiatives related to a business or an Enterprise strategy with significant impact across the Enterprise and externally
• Manage allocation of people and financial resources for Independent Testing
• Develop and guide a culture of talent development to meet business objectives and strategy

As a leader, you will lead your team with integrity and create an environment where your employees feel included, valued, and supported to do work that energizes them. You will have accountability for management responsibilities which include sourcing and hiring talented employees, providing ongoing coaching and feedback, recognizing, and developing employees, identifying, and managing risks, and completing daily management tasks.

Required Qualifications:

• 8+ years of experience in Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 4+ years of Management experience

Desired Qualifications:

• 7+ years of leadership experience.
• 6+ years of IT&V leadership experience
• Proven track record of building, transforming, and maintaining high performing organizations
• Expertise with testing methodologies, quality assurance processes, and financial services line of defense model
• Graduate Degree in Financial Services, Business Management, Accounting, or related field
• Extensive experience in data/metric driven management techniques involving goal setting, goal measurement, and goal delivery
• Experience leveraging data (structured and unstructured) and automation to improve speed, quality and efficiency
• Financial Crimes centric certification (s) such as CAMS, CFCS and/or CFCI
• Demonstrated expertise in key financial crimes areas including but not limited to Know Your Customer (KYC), Customer Identification Program (CIP), Customer Due Diligence (CDD), sanction screening, non-financial regulatory reporting for financial crimes, and Suspicious Activity Reporting (SAR)
• Deep understanding and hands-on experience with resource capacity management topics and tools
• Lead effectively in a matrixed organization, developing partnerships with many functional areas, and influencing skills.
• Ability to think strategically, identify business challenges, and proactively develop innovative solutions to address them.
• Strong interpersonal skills with the ability to effectively communicate complex ideas, collaborate across departments, and build consensus among stakeholders.
• Proven ability to adapt to evolving technologies, industry trends, and business requirements, with a commitment to continuous learning and professional development

Job Expectations:

• Travel up to 10% of the time
• Foster an environment that ensures strong communication and cooperation across the three lines of defense.
• Create a culture of excellence by proactively attracting, retaining, and developing a team of talented and diverse professionals.
• Independent Testing Executive (M5): As a part of Wells Fargo’s second line of defense and Independent Risk Management team, Independent Testing Executives are responsible for development and design of methodologies and standards for review activities and ensuring effective and appropriate testing, validation, and documentation of review activities for risks and controls according to standards and other applicable policies.

Base pay range 207,900 - 431,900