Independent Testing Specialist - Regulatory Reporting

About this role:

Wells Fargo is seeking an Independent Testing Specialist 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.

The Enterprise Functions Testing & Validation team is seeking an Independent Testing Specialist with the Regulatory Reporting Incremental Compliance Team to support testing activities. This testing specialist will be accountable for the execution of substantive testing over regulatory and risk reports.

In this role, you will:

• Execute substantive testing of regulatory and risk reports.
• Effectively communicate the validation or testing process, status, and results to IT&V leadership, business, and risk partners.
• Write and/or review reports or presentations that clearly articulate the results/conclusions of validation or testing activities.
• Effectively communicate with IT&V Leadership and escalate concerns or issues as appropriate.
• Identify and implement efficiencies and process improvements.
• Provide credible challenge and recommendations to IT&V Leadership as needed.
• Actively participate in learning & development opportunities to ensure the use of best-in-class processes and procedures.
• Assist in managing change to ensure an effective risk management program.
• Foster relationships with teams and collaborate across other all T&V teams effectively.

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:

• Knowledge and understanding of regulatory reporting: Federal Reserve, OCC, and SEC.
• Experience in Audit, Compliance, Risk and Testing.
• Public Accounting experience.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to meet stringent deadlines.
• Experience creating, executing, and documenting compliance testing.
• Ability to take on a high level of responsibility, initiative, and accountability.
• Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills.
• Knowledge and understanding of financial services industry: compliance, risk management, or audit operations.
• Critical Thinking and Analytical skills.
• Strong organization and prioritization skills.
• Strong relationship management skills; ability to negotiate difficult positions without harming relationships.

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

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:

*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.

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.