Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell" or "Cellular" in the contact information of your application.
At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
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.
Within Wells Fargo Corporate Risk, the Independent Testing & Validation group is responsible for establishing and maintaining a consolidated IT&V program at the corporate level. Testing and validation teams are responsible for implementing the Enterprise Testing methodology and standards, and executing group-specific testing. Enterprise Testing and Validation for Consumer Lending is responsible for testing and validation activities for the Wells Fargo Auto line of businesses.
The Officer role will be focused on the development and execution of compliance and operational risk/control testing reviews across various business processes for Consumer Lending. Officer candidates generally are expected to lead and execute moderate to high risk or complex engagements and lead other staff assigned to engagements, and communicate emerging risks to management.
Specific Job Responsibilities:
Effectively design, lead, and schedule high risk or complex testing activities with little to no supervision
Lead development of testing engagements, including scope development, sampling strategies, control design evaluation, and testing methodologies
Act as a subject matter expert regarding testing topics for the Line of Business ("LOB") or LOB functions
Guide and/or mentor less experienced team members on risk management principles, including evaluating the adequacy and effectiveness of control design and control performance during testing engagements
Identify key business processes and associated controls and independently develop test plans to evaluate them, including those not captured by current compliance risk assessments or current business process procedures and policies
Interpret regulations and company policies and their applicability to business processes
Evaluate the adequacy and effectiveness of policies, procedures, processes, systems and internal controls; analyze business or system changes to determine impact; identify and assess operational risk issues and assign risk ratings consistent with established policy standards.
Proactively identify potential risks to Wells Fargo based on research of industry news and consent orders
Coordinate on the analysis of potential findings identified during testing engagements, including consultation with appropriate subject matter experts, to identify the root cause of issues, review the adequacy of management controls to mitigate risk, and make recommendations as needed
Ensure issues and recommendations are clearly communicated to business partners, the control executive team, compliance, Independent Testing leaders and any other applicable stakeholders based on substantive evidence compiled during the testing engagement
Present test results in an objective and unbiased manner, and draft opinions reflecting relevant facts that lead to logical conclusions
Partner with the Data Analytics team to develop and continuously enhance the use of data analytics and automated testing as a more efficient means of measuring adherence to compliance and operational risk requirements
Develop and maintain deep and strong relationships with business partners, control executive team, key stakeholders, all levels of leadership, and other team members. Stay abreast of ongoing business process changes, regulatory expectations, customer feedback, etc. May interface with external parties such as Audit, Legal, etc on risk related topics.
Elevate the team's quality of work performed. Review quality assurance feedback and take appropriate actions to address areas requiring attention
Perform peer-reviews of testing performed to identify opportunities for improvement. Performs effective and timely testing-related independent credible challenge internally.
Lead review teams that document workpapers sufficiently and write issues that clearly articulate work performed and results obtained
Lead review planning, scheduling, testing strategies, and coverage plan; identify and escalate trends and offer potential solutions
This position requires superior communication skills, strong analytical skills, and attention to detail. The right candidate will be committed to promoting a collaborative and team oriented environment with a bias to proactively helping manage risks to the bank.
Please note that posting duration may be shortened based on job seeker volume.
Advanced Microsoft Office skills
Excellent verbal, written, and interpersonal communication skills
Good analytical skills with high attention to detail and accuracy
Ability to articulate complex concepts in a clear manner
A BS/BA degree or higher
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Other Desired Qualifications
Testing experience in Compliance, Operational Risk, or Internal Audit in financial institutions
Risk and regulatory compliance experience
2+ years of compliance and controls testing experience developing testing scripts and methodologies
Knowledge and understanding of complex regulatory/compliance issues and potential solutions
Knowledge and understanding of audit methodologies and tools that support audit processes
Understanding of risk based control testing, including assessing the adequacy of design and testing the effectiveness of internal controls
Experience drafting issues and executive summary reports
Moderate knowledge of product and process within Consumer Lending
Ability to articulate complex concepts in a clear manner
Outstanding problem solving and decision making skills
Ability to identify and evaluate trends, isolate root cause, and provide swift/thorough resolution
Strong organizational, multi-tasking, and prioritizing skills
Experience in Audit, Compliance, Risk and Testing
Strong presentation, documentation, and organizational skills
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) For Testing and Validation Positions Only
IA-West Des Moines: 7001 Westown Pkwy
MN-Minneapolis: 2701 Wells Fargo Way
SC-Fort Mill: 3480 State View Blvd
AZ-Chandler: 2600 S Price Rd
AZ-PHX-Northwest Phoenix: 2222 W Rose Garden Ln
NY-New York: 150 E 42nd St
TX-Irving: 250 E John Carpenter Freeway
MN-Saint Louis Park: 435 Ford Rd
MN-Minneapolis: 600 S 4th St
NC-Charlotte: 128 South Tryon Street
TX-Plano: 4975 Preston Park Blvd
TX-DAL-Downtown Dallas: 1445 Ross Ave
NJ-Summit: 190 River Rd
NC-Charlotte: 1525 W Wt Harris Blvd
NC-Charlotte: 401 S Tryon St
NC-Charlotte: 301 S College St
MO-Saint Louis: 1 N Jefferson Ave
IA-Des Moines: 206 8th St
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.