About this role:Wells Fargo is seeking a Senior Independent Testing Specialist to join the Auto/Consumer Lending Independent Testing & Validation (IT&V) group within the Corporate Risk organization. Learn more about the career areas and lines of business at wellsfargojobs.com .
In this role, you will:- Execute review activities in an effective manner, including leading high risk and/or complex operational process review in a matrixed environment, and communicates identified issues/findings to management and other interested parties.
- Complete review activities on an accelerated schedule, raising schedule delays as needed while looking for opportunities to remediate schedule issues.
- Lead and support efforts to challenge risks in processes and evaluate and/or test controls designed to mitigate those risks, including evaluation of control design and operating effectiveness, if applicable.
- Escalate any potential issues discovered during the completion of review activities. Identifies potential corrective actions and follows through on reporting, escalation, and resolution.
- Complete all testing and documentation under limited supervision and appropriately retains all work papers (testing schedule, templates, work-papers, deferrals, deviations, etc.).
- Provide consultation and subject matter expertise including evaluating severity of control deficiencies and related remediation efforts, if applicable.
- Demonstrate success with influencing business units to identify, formulate and implement processes/procedures to mitigate risk.
- Demonstrate negotiation skills, especially with difficult topics when partnering with lines of business and technology. This includes the willingness and ability to question decisions, understand direction and escalate issues, where necessary.
- Lead or participate in moderate to high risk or complex review activities in a matrixed environment and communicate emerging risks to management within Independent Testing
- Contribute to large scale planning related to Independent Testing deliverables
- Review and research moderately complex potential corrective actions, and follow through on reporting, escalation, and resolution
- Ensure effective and appropriate testing, validation, and documentation of review activities for risk programs and controls according to standards and other applicable policies
- Resolve moderately complex issues and lead team to meet Independent Testing deliverables while leveraging solid understanding of risk management framework and the risk and control environment
- Collaborate and consult with colleagues, internal partners, management and lines of business regarding risk management
Required Qualifications:- 4+ years of Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:- Testing, internal audit, regulatory and risk management experience
- Ability to identify issues, risk and escalate to the appropriate party
- Full testing lifecycle experience that includes determining scope, designing test scripts, executing tests, identifying and escalating issues and risks, and documenting and reporting results
- Previous auto / consumer lending experience preferred
- Excellent verbal, written, and interpersonal communication skills
- Issues management, validation and tracking
- Experience leading testing engagements, preferably of large scope, while leading other testers and resources
- Experience providing "credible challenge" to business partners, when necessary, with the ability to lead through influence
- Experience writing reports for senior leadership audience level
- Experience in Audit, Compliance, Risk and Testing
- Critical Thinking and Analytical skills
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
- 1 N. 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 RangeReflected 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.
$84,000.00 - $149,400.00
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:24 Dec 2024
* Job posting may come down early due to volume of applicants. We Value DiversityAt 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 DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells 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.
