• Market Job Title / Designation : Independent Testing Specialist

About this role:

Wells Fargo is seeking an Independent Testing Specialist...

About Wells Fargo : Wells Fargo & Company (NYSE: WFC) is a leading global financial services company with $2.0 trillion in assets and offices in over 37 countries. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides asset management, capital raising and advisory, financing, foreign exchange, payments, risk management, and trade finance services to support customers who conduct business in the global economy. At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We also value the viewpoints of our team members and encourage them to be their best. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. Learn more at our International Careers website .

Department Overview

Independent Testing & Validation (IT&V) is part of Wells Fargo's second line of defense, or Independent Risk Management (IRM) team, and is responsible for the development and design of methodologies and standards for review activities across the Enterprise in alignment with the Risk Management Framework. Testing & Validation teams provide independent, comprehensive operational risk and compliance control testing as well as targeted/emerging risk reviews and issue validation.

About the Role

This role is in the Technology, Chief Operating Office, Emerging Risk and Data team (TCRED) IT&V group as a part of the Chief Operating Office Testing team. 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.

Market Job Description:

Responsibilities of the Associate role include, but are not limited to:
• Completes review/testing activities on an accelerated schedule, raising schedule delays as needed while looking for opportunities to remediate schedule issues.
• Providing meaningful operational and compliance risks assessments of business processes.
• Supporting efforts to effectively challenge risks in processes and evaluate and/or test controls designed to mitigate those risks.
• Executing substantive and/or control testing with moderate supervision.
• Executing the test of design and operating effectiveness for RCSA (Risk & Compliance Self-Assessment) controls.
• Completes all testing and documentation under limited supervision and appropriately retains all work papers (testing schedule, templates, work-papers, deferrals, deviations, etc.).
• Providing consultation and subject matter expertise for process related matters including evaluating severity of control deficiencies and related remediation efforts.
• Documenting test results and any issues identified while also providing recommendations to management.
• Providing Credible Challenge to the First Line Units as needed.
• Acting as a change agent for continual improvement of the control environment
• Required Qualifications
• University degree in Business or related discipline
• 3+ years of relevant experience in risk management (includes compliance, operational risk, issue identification and validation, internal audit, business process management)
• 2+ years direct experience Audit, Risk and Control Testing
• Desired Skills