Lead Independent Testing Officer

About this role: Wells Fargo is seeking a Lead Independent Testing Officer in Corporate Risk in the Cross Commercial Banking Portfolio (Cross-CB) Independent Testing and Validation (IT&V) team. Learn more about the career areas and lines of business at wellsfargojobs.com. The Cross-CB IT&V team is responsible for the development and execution of review activities across Commercial Banking 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. This position will primarily be responsible for testing of Risk and Control Self Assessments, Issue Validations, Emerging Risks, and Incremental Compliance Testing in Commercial Banking. This Lead Independent Testing Officer will be accountable for developing and executing independent operational and compliance risk control testing. The selected individual will be responsible for managing testing engagements, leading one or more concurrent control engagements and guiding risk professionals. Strong business acumen and experience will be a determining factor in selection. Successful candidates will be articulate, thought leaders, and possess demonstrated leadership capability; they will be impressive in their inter-personal effectiveness, regarding their accomplishments, and with a proven ability to engage and influence senior management and business and risk partners. In this role, you will: Manage and lead complex initiatives executing moderate to high risk or complex review activities and engagements in a matrixed environment 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 Manage issue validations including issue monitoring Provide status updates to key stakeholders on programs and specific reviews where warranted Lead project teams and mentor individuals Required Qualifications, US: 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: Knowledge and understanding of regulatory agencies: Federal Reserve and OCC Specialized knowledge or prior regulatory compliance testing or review experience Knowledge and understanding of financial services industry: compliance, risk management, or audit operations 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 Experience testing policy, procedures, control and business process testing Experience creating, executing, and documenting compliance, control, and business process testing Ability to simultaneously lead multiple projects Experience leading, training, and providing feedback to staff and corresponding managers Critical Thinking and Analytical skills Demonstrated success with influencing business units to identify, formulate and implement processes/procedures to mitigate risk Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) Ability to take on a high level of responsibility, initiative, and accountability Certified Regulatory Compliance Manager (CRCM) Certified Internal Auditor (CIA) Certified Anti Money Laundering Specialist (CAMS) Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA) Certified Financial Crimes Specialist (CFCS) BS/BA degree or higher in business administration, finance, or accounting Job Locations: Charlotte, NC Irving, TX West Des Moines, IA Minneapolis, MN Tempe, AZ St Louis, MO This position offers a hybrid work schedule Required location(s) listed above. Relocation assistance is not available for this position. Posting End Date: 9 Mar 2024 *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. 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. 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 & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. 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