Job Description
About this role:
Wells Fargo is seeking an Independent Testing Manager within the Independent Testing and Validation (IT&V) group as part of Corporate Risk. 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 Remediation Validation (RV) team within IT&V is responsible for performing validation testing of customer remediation activity executed by the Customer Remediation Center of Excellence (CR COE). The RV [ Home Lending; DPG; Consumer Lending; CSBB Ops/WIM/CB/CIB ].Manager is responsible for the all aspects of the home lending validation portfolio including:
Managing a team of approximately 7 testing resources to accomplish department goals/priorities
Ensuring the timely completion of validation activities, including the triage of potential validation concerns/findings/issues
Building strong relationships/partnerships with CR COE Executive Leadership, Control Leadership, Audit Leadership, etc.
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 and other applicable policies
Provide credible challenge to lines of business, across risk programs and the enterprise
Triage critical or high risk issues and determine next steps
Establish benchmarks for timely tracking and completion
Lead initiatives that cross multiple lines of business in scope with significant impact or risk
Identify and provide oversight and escalation of existing and emerging risk issues and common themes across business groups
Lead high priority, high risk, or high complexity review activity engagements
Provide status updates to key stakeholders on programs and specific reviews where warranted
Manage allocation of people and financial resources for Independent Testing
Develop and guide a culture of talent development to meet business objectives and strategy
Assess, document, and communicate emerging risks, themes and identified issues to leadership and risk partners in a timely manner
Ensure issues are identified and documented
Lead implementation of complex and strategic initiatives with moderate risk and complexity
Ensure plan includes targeted reviews based on risk and meets internal past due benchmarks
Lead moderate to high risk or complexity review activity engagements
Escalate any critical or high risk issues to appropriate leadership
Manage communication and collaboration with business heads, Legal, Audit, and regulators on risk related topics
Provide status updates to key stakeholders on programs and specific reviews where warranted
Manage allocation of people and financial resources for Independent Testing
Mentor and guide talent development of direct reports and assist in hiring talent
Required Qualifications
Post graduate degree in Business or related discipline.
15+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, business process management) or 10+ years of financial services industry experience, of which 7+ Risk, Independent Testing, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
10+ years of leadership experience including people management experience.
Experience in Independent Testing, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Skills / Qualifications
Desired Qualifications:
Experience with Customer Remediation or other similar discipline
Proficient at considering a broad range of issues in making decisions, and holds oneself accountable for delivering on commitments and renegotiating when needed.
Expertly balances tasks and concerns for people's needs.
Proficiently builds constructive and effective relationships.
Proficiently leads and challenges others to improve the organization.
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.
Demonstrated ability to management conflict and provide quick and well-thought through decisions
Demonstrated ability to establish strong working relationship with key partners and senior management
Articulate, poised and comfortable in direct interaction with senior lines of business partners, Compliance, Independent Risk Management, and Internal Audit.
Ability to effectively communicate, verbal and written, with various levels of management, including senior leaders and executives.
Specialized knowledge or prior regulatory compliance 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.
Strong ability to research, trend, and analyze data.
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, ****** 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, age, sex, ****** orientation, gender identity, national origin, disability, or status as a protected veteran.
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
Wells Fargo is seeking an Independent Testing Manager within the Independent Testing and Validation (IT&V) group as part of Corporate Risk. 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 Remediation Validation (RV) team within IT&V is responsible for performing validation testing of customer remediation activity executed by the Customer Remediation Center of Excellence (CR COE). The RV [ Home Lending; DPG; Consumer Lending; CSBB Ops/WIM/CB/CIB ].Manager is responsible for the all aspects of the home lending validation portfolio including:
Managing a team of approximately 7 testing resources to accomplish department goals/priorities
Ensuring the timely completion of validation activities, including the triage of potential validation concerns/findings/issues
Building strong relationships/partnerships with CR COE Executive Leadership, Control Leadership, Audit Leadership, etc.
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 and other applicable policies
Provide credible challenge to lines of business, across risk programs and the enterprise
Triage critical or high risk issues and determine next steps
Establish benchmarks for timely tracking and completion
Lead initiatives that cross multiple lines of business in scope with significant impact or risk
Identify and provide oversight and escalation of existing and emerging risk issues and common themes across business groups
Lead high priority, high risk, or high complexity review activity engagements
Provide status updates to key stakeholders on programs and specific reviews where warranted
Manage allocation of people and financial resources for Independent Testing
Develop and guide a culture of talent development to meet business objectives and strategy
Assess, document, and communicate emerging risks, themes and identified issues to leadership and risk partners in a timely manner
Ensure issues are identified and documented
Lead implementation of complex and strategic initiatives with moderate risk and complexity
Ensure plan includes targeted reviews based on risk and meets internal past due benchmarks
Lead moderate to high risk or complexity review activity engagements
Escalate any critical or high risk issues to appropriate leadership
Manage communication and collaboration with business heads, Legal, Audit, and regulators on risk related topics
Provide status updates to key stakeholders on programs and specific reviews where warranted
Manage allocation of people and financial resources for Independent Testing
Mentor and guide talent development of direct reports and assist in hiring talent
Required Qualifications
Post graduate degree in Business or related discipline.
15+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, business process management) or 10+ years of financial services industry experience, of which 7+ Risk, Independent Testing, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
10+ years of leadership experience including people management experience.
Experience in Independent Testing, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Skills / Qualifications
Desired Qualifications:
Experience with Customer Remediation or other similar discipline
Proficient at considering a broad range of issues in making decisions, and holds oneself accountable for delivering on commitments and renegotiating when needed.
Expertly balances tasks and concerns for people's needs.
Proficiently builds constructive and effective relationships.
Proficiently leads and challenges others to improve the organization.
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.
Demonstrated ability to management conflict and provide quick and well-thought through decisions
Demonstrated ability to establish strong working relationship with key partners and senior management
Articulate, poised and comfortable in direct interaction with senior lines of business partners, Compliance, Independent Risk Management, and Internal Audit.
Ability to effectively communicate, verbal and written, with various levels of management, including senior leaders and executives.
Specialized knowledge or prior regulatory compliance 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.
Strong ability to research, trend, and analyze data.
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, ****** 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, age, sex, ****** orientation, gender identity, national origin, disability, or status as a protected veteran.
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
💡 Quick Summary
Seeking a career-building opportunity? The Independent Testing Manager position is now open for candidates interested in the Bank Jobs sector. This role in Hyderabad offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.