Lead Independent Testing Officer - Finance

About this role:

Wells Fargo is seeking a Lead Independent Testing Officer within the Independent Testing & Validation (IT&V) Finance group as part of Corporate Risk. Learn more about the career areas and lines of business at wellsfargojobs.com.

IT&V is responsible for establishing and maintaining a consolidated Enterprise Testing program at the corporate level and teams are responsible for implementing the Enterprise Testing methodology, standards, and executing group specific testing.

The IT&V team is seeking a Senior Independent Testing Specialist to support the IT&V Enterprise Functions (EF) Finance testing and validation team. This role will contribute to a high-performing team of testing and validation professionals with subject matter expertise in a financial institution. Finance functions, including but not limited to financial planning & analysis, cost allocations, stress testing, product control and pricing, international business/regional reporting, Treasury support activities, SEC and regulatory reporting, and internal control frameworks for financial reporting.
 

In this role, you will:

• Ensure teams execute testing and validation in an effective manner with high quality, according to IT&V standards and other applicable policies
• Provide guidance on key scoping decisions including those tied to high-risk items or targeted reviews associated risk levels
• Provide thoughtful credible challenge internally and to LOBs, cross-enterprise and across other corporate risk programs
• Own accountability for ongoing updates to key business stakeholders on the status of the program and potentially on specific reviews where warranted
• Own relationship and maintain transparency and accuracy internal audit as well as other internal risk stakeholders, as needed
• Develop and lead a high-performing team that maintains a strong risk culture that identifies and provides oversight and escalation of existing and emerging compliance and operational risk issues
• Create a culture of excellence by proactively attracting, retaining and developing a team of talented and diverse professionals
• 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:

• Public accounting firm experience in business process, regulatory, or compliance audits and/or business process, regulatory, or advisory/consulting service
• Demonstrated success with influencing business units to identify, formulate and implement processes/procedures to mitigate risk
• Demonstrated negotiation skills, especially with difficult topics when partnering with lines of business. This includes the willingness and ability to question decisions, understand direction and escalate issues, where necessary
• Exposure to bank financial reporting requirements, such as familiarity with CCAR related processes
• Foundational understanding of Finance functions and related supervisory expectations for large financial institutions
• Strong knowledge of the COSO Framework and Risk & Control Self-Assessment (RCSA) programs
• Experience using and/or knowledge of key risk and control considerations for key finance applications and tools.
• Experience in Audit, Compliance, Risk and Testing
• Critical Thinking and Analytical Skills
• Ability to articulate complex concepts in a clear manner
• Advanced Microsoft Office skills
• Excellent verbal, written, and interpersonal communication skills
• Strong analytical skills wi