**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 & Validation 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. This Lead Independent Testing Officer will be accountable for developing and executing independent operational and compliance risk control testing focusing on emerging issues and targeted testing. Strong business acumen and experience will be a determining factor in selection. Successful candidates will be articulate, thought leaders, and possess demonstrated leadership capability; they will be impressive in their inter-personal effectiveness, regarding their accomplishments, and with a proven ability to engage and influence senior management and business and risk partners. **In this role, you will:** + Lead teams that plan and execute compliance and operational risk control testing and is accountable for conducting end-to-end business process walkthroughs, identifying risks and primary and compensating operational and compliance controls, evaluating control design, and testing the effectiveness of manual and automated controls. Supervise the team throughout the life cycle of testing activities to provide ongoing guidance on scope, sampling, testing approach, issues, work papers, quality reviews, etc. + Develop, maintain, and execute the Annual Plan. Ensure Plan includes targeted reviews based on risk and meets internal benchmarks. Anticipate changes in the internal and external environment and adapt the testing program of the team accordingly. + Lead implementation of strategic initiatives with moderate risk and complexity. + Develop and manage relationships with the business and implement an effective engagement model for the team and business. Understand applicable business risks and provide effective challenge to business and/or compliance partners when operational controls are missing, inadequate, or ineffective. + Influence line of business and control executive teams to resolve issues, develop sound corrective actions, and strengthen internal controls. Stay informed of business management's plans to address corrective actions, and work with the validation team to understand and assess residual risks. + Collaborate with legal, audit, compliance, and business partners to stay up to date with ongoing business process changes, regulatory expectations, customer feedback, etc. + Triage critical or high-risk issues and determine next steps. Identify repeat issues and ensure documented appropriately. Provide thoughtful independent credible challenge to lines of business, across risk programs and the enterprise. + Improve bench strength of the team. Develop subject matter expertise within the team of all the major products, services, and processes in the line of business and develop a thorough understanding of the laws and regulations, regulatory guidance, and policies and procedures of the functions reviewed. + Elevate the team's quality of work performed. Review quality assurance feedback and take appropriate actions to address areas requiring attention. + Identify continuous improvement opportunities and implement routines to drive effectiveness and efficiency. + Write reports that clearly articulate work performed and summarize testing results to business leadership, executive management, and the board. + Provide status updates to key stakeholders on programs and specific reviews where warranted. + Provides transparency and accuracy to regulators, Audit, other internal risk and line of business stakeholders. + Sustains a strong risk culture that identifies and provides oversight and escalation of existing and emerging risk issues and common themes across business groups. **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:** + Knowledge and understanding of audit, regulatory compliance, or risk management. + Experience with RCSA-based testing and subject-matter expertise in Chief Operating Office (e.g., third-party risk management, data management, operations, and RCSA-based control risk assessments and testing). + Ability to negotiate, influence, and collaborate to build successful relationships. + Ability to exercise independent judgement to identify and resolve problems. + Experience with Shared Risk Platform (SHRP). + Advanced Microsoft Office skills. + Excellent verbal, written, and interpersonal communication skills. + Strong analytical skills with high attention to detail and accuracy. + Ability to articulate complex concepts in a clear manner. + Strong presentation, documentation, and organizational skills. + Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment. + Considers a broad range of issues in making decisions and holds oneself accountable for delivering on commitments and renegotiating when needed. + Proficiently balances tasks and concerns for people's needs. + Expertly builds constructive and effective relationships. + 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. + Big Four/super regional public accounting firm with experience in business process, regulatory, or compliance audits and/or business process, regulatory, or advisory/consulting service. + Demonstrated success with influencing business units to identify, formulate and implement processes/procedures to mitigate risk. + Demonstrated negotiation skills, especially with difficult topics when partnering with lines of business. This includes the willingness and ability to question decisions, understand direction and escalate issues, where necessary. + 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. + Experience drafting executive summary reports. + Outstanding problem solving and decision-making skills. + Proficient at considering a broad range of issues in making decisions and holds oneself accountable for delivering on commitments and renegotiating when needed. + A BS/BA degree or higher. + Critical Thinking and Analytical skills. Prefer one or more of the following certifications: + 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) + Certified Risk and Compliance Management Professional (CRCMP) + Certified Risk Professional Program (CRP) **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 + 1N 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 **Posting End Date:** 14 Sep 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. **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. **Company:** WELLS FARGO BANK **Req Number:** R-397885-3 **Updated:** Sun Sep 15 01:54:05 UTC 2024 **Location:** IRVING,Texas