Senior Independent Testing Specialist - Targeted Risk & Control Evaluation

at  Wells Fargo

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, US:

• 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:

• Testing, Audit, regulatory and risk management experience.
• Previous public accounting firm experience
• Knowledge on Financial Crimes areas including anti-money laundering (AML), Know Your Customer (KYC), Sanctions/Office of Foreign Asset Control (OFAC) and Foreign Corrupt Practices Act (FCPA).
• Understanding of law, rules and regulations regarding Financial Crimes that are integral to Wealth and Investment Management.
• Understanding of the ever-evolving governance and regulatory environments
• Effective communicator, both orally and in writing, able to ask well-crafted questions and present ideas in a clear and compelling manner, good listener who engenders creative thinking and teamwork.
• Ability to develop and articulate sound proposals to stakeholders and leaders, and an ability to influence and drive timely decision making.
• Critical Thinking and Analytical skill

Wells Fargo is seeking a Senior Independent Testing Specialist in Financial Crimes Independent Testing & Validation (IT&V) group within the Corporate Risk organization. Learn more about the career areas and lines of business at wellsfargojobs.com .
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.
The Financial Crimes Independent Testing and Validation (IT&V) Targeted Risk and Control Evaluation (TRACE) team within Corporate Risk is an independent risk management testing function for financial crimes risk disciplines including BSA/AML, Sanctions, OFAC, and Anti-Bribery and Corruption (ABC). The TRACE team is responsible for executing targeted reviews in the areas of high and emerging financial crimes risk and related reviews such as Risk and Control Self-Assessment (RCSA) testing to independently evaluate the adequacy and effectiveness of business processes or activities and mitigating controls. TRACE is also responsible for executing all financial crimes issue validations. We currently have an opportunity on the TRACE team as a Senior Independent Testing Specialist to execute financial crimes reviews and issue validations.

In this role, you will:

• Execute Testing in adherence to procedures.
• Effectively communicate the validation or testing process, status, and results to IT&V leadership, business and risk partners
• Write and/or review reports or presentations that clearly articulate the results/conclusions of validation or testing activities.
• Effectively communicate with IT&V Leadership and escalate concerns or issues as appropriate.
• Identify and implement efficiencies and process improvements.
• Provide credible challenge and recommendations to IT&V Leadership as needed.
• Actively participate in learning & development opportunities to ensure the use of best-in-class processes and procedures.
• Assist in managing change to ensure an effective risk management program.
• Foster relationships with teams and collaborate across all other T&V teams effectively.
• 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, US:

• 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:

• Testing, Audit, regulatory and risk management experience.
• Previous public accounting firm experience
• Knowledge on Financial Crimes areas including anti-money laundering (AML), Know Your Customer (KYC), Sanctions/Office of Foreign Asset Control (OFAC) and Foreign Corrupt Practices Act (FCPA).
• Understanding of law, rules and regulations regarding Financial Crimes that are integral to Wealth and Investment Management.
• Understanding of the ever-evolving governance and regulatory environments
• Effective communicator, both orally and in writing, able to ask well-crafted questions and present ideas in a clear and compelling manner, good listener who engenders creative thinking and teamwork.
• Ability to develop and articulate sound proposals to stakeholders and leaders, and an ability to influence and drive timely decision making.
• Critical Thinking and Analytical skills

One or more of the following certifications is desired:

• Certified Anti-Money Laundering Specialist (CAMS)
• Certified Financial Crimes Specialist (CFCS)
• Certified Information Systems Auditor (CISA)
• Certified Internal Auditor (CIA)
• Certified Public Accountant (CPA)
• Certified Regulatory Compliance Manager (CRCM)

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 5%.

Posting Locations:

• Charlotte, NC
• Minneapolis, MN
• St. Louis, MO
• West Des Moines, IA
• Irving, TX
• Tempe, AZ