Independent Testing Specialist

About the Role

Wells Fargo is seeking a Independent Testing Specialist.

This role is in the Corporate Risk within Independent Testing & Validation (IT&V). This is a centralized team, operates as a second line of defense key Corporate Risk processes and major requirements. The team is an integral part of the Company’s control environment and provides credible challenge to relevant participants in the reporting processes. This team has enterprise-wide exposure to lines of business, regulatory and risk reporting stakeholders as well as internal audit.

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
• 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

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 

• Relevant experience risk & control evaluation through design and performance testing and risk management (includes model risk, compliance, financial crimes, operational risk, internal audit, legal, credit risk, market risk, business process management)
• Knowledge and understanding of financial services industry: compliance, risk management, or audit operations
• A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting
• Big four public accounting experience
• A Master of Business Administration (MBA) or a Certified Public Accountant (CPA) designation
• Ability to take on a high level of responsibility, initiative, and accountability
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
• Specialized knowledge or prior Model Risk, EUCT governance, Market Risk, Credit Risk, Operational Risk, Enterprise Risk Management testing or review experience
• Experience reviewing testing strategies and methodologies; evaluating the adequacy and effectiveness of policies, procedures, processes, initiatives, products and internal controls; and identifying issues resulting from internal and/or external compliance examinations
• Experience creating, executing, and documenting compliance, control, and business process testing
• Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint)
• Experience supporting Regulatory Exams and Audits
• Strong critical thinking skills with ability to credibly challenge status quo
• Strong organization and prioritization skills
• Strong relationship management skills; ability to negotiate difficult positions without harming relationships

Job Expectations:

• May serve in either a testing execution and/or lead capacity, participating in testing engagements in a matrixed environment, and communicating emerging risks to management
• Supporting efforts to effectively challenge risks in the end-to-end reporting processes and evaluate controls designed to mitigate those risks
• Partnering with business partners to understand the environment and related initiatives to develop appropriate and complementary testing procedures
• Executing testing requirements with supervision
• Documenting test results and timely escalation of exceptions identified
• Providing credible challenge as needed
• Acting as a change agent for continual improvement of the control environment
• The successful candidate will be a team player and a self-starter who is accustomed to working in complex organizations, partnering with a diverse group of stakeholders, and achieving results. Candidates with experience in Model Risk, EUCT governance, Market Risk, Credit Risk, Operational Risk, Enterprise Risk Management, Controls testing, are encouraged to apply.
• May serve in either a testing execution and/or lead capacity, participating in testing engagements in a matrixed environment, and communicating emerging risks to management
• Supporting efforts to effectively challenge risks in the end-to-end reporting processes and evaluate controls designed to mitigate those risks
• Partnering with business partners to understand the environment and related initiatives to develop appropriate and complementary testing procedures
• Executing testing requirements with supervision
• Documenting test results and timely escalation of exceptions identified
• Providing credible challenge as needed
• Acting as a change agent for continual improvement of the control environment
• The successful candidate will be a team player and a self-starter who is accustomed to working in complex organizations, partnering with a diverse group of stakeholders, and achieving results. Candidates with experience in Model Risk, EUCT governance, Market Risk, Credit Risk, Operational Risk, Enterprise Risk Management, Controls testing, are encouraged to apply.

Posting End Date:

*Job posting may come down early due to volume of applicants.

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.