Lead Independent Testing Officer - Financial Crimes

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.

In this position, the individual will be responsible for leading end-to-end testing activities through all phases of the engagement. Responsibilities will include preparing the engagement plan, determining engagement scope, working with testers to complete design and performance testing execution, and interacting with business stakeholders. The Lead Independent Testing Officer will work with leadership to raise findings for vetting of factual accuracy and determining root cause and impact. This role is also responsible for drafting final reports and communicating results with Financial Crimes IT&V leadership.

In this role, you will:

• Lead complex initiatives executing moderate to high risk or complex review activities and engagements in a matrixed environment.

• Communicate emerging risks with broad impact and act as key participant in large scale planning for Independent Testing.

• Develop and design methodologies and standards for review activities across the enterprise in alignment with the risk management framework.

• Review and research complex development and design of methodologies and standards for review activities companywide in alignment with the risk management framework.

• Ensure effective and appropriate testing, validation, and documentation of review activities for risk programs, risks and controls.

• Make decisions in complex situations requiring solid understanding of risk management framework and the risk and control environment that influence and lead enterprise testing to meet deliverables and drive new initiatives.

• Collaborate and consult with Audit, Legal, external agencies, and regulatory bodies to resolve risk related topics.

• Lead project teams and mentor individuals.

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:

• Experience in BSA/ AML (industry and/ or consulting).

• Experience should span all pillars of an AML Program at large financial institutions.

• Experience in conducting testing activities (either first line testing, second line compliance testing or audit). Ideally this experience would be testing of BSA/ AML program.

• Proficiency should include planning engagements, conducting control design assessments, conducting data validation exercises, developing sampling strategies, developing test scripts, conducting performance/ operational effectiveness testing, assessing materiality of findings, communication with stakeholders and drafting of final reports targeting an executive level audience.

• Strong analytical skills with high attention to detail and accuracy.  

• Excellent verbal, written, and interpersonal communication skills.

• Strong organization and prioritization skills.

• Prefer one or more of the following certifications: ACAMS, CFE, CRCM, CIA.

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

• 800 S Jordan Creek Pkwy, West Des Moines, IA

• 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.