Assistant Vice President (AVP) / Independent Testing Specialist: Financial Crimes Targeted Risk and Control Evaluation (TRACE) and Data Driven Testing (DDT)

About this role:

Wells Fargo is seeking an Independent Testing Specialist in Financial Crimes Independent Testing & Validation (IT&V) group within the Corporate Risk organization.

The Wells Fargo Independent Testing and Validation (IT&V) group is responsible for establishing and maintaining a consolidated Annual Testing Plan, developing common methodology and standards, providing governance and oversight, executing testing, and conducting horizontal reviews.

The Financial Crimes IT&V Targeted Risk and Control Evaluation (TRACE) team within the Corporate Risk IT&V organization is the independent risk management testing function for financial crimes risk disciplines including: BSA/AML, Sanctions, OFAC, and Anti-Bribery and Corruption (ABC). Financial Crimes IT&V TRACE is responsible for executing testing and validation in the areas of financial crimes risk to independently evaluate the adequacy and effectiveness of business processes or activities and mitigating controls across the enterprise. TRACE is also responsible for the managing the Financial Crimes Data Driven Testing (DDT) Program.

The Financial Crimes ITV TRACE team is seeking an Independent Testing Specialist to execute financial crimes testing and issue validations. The individual will also help support the Financial Crimes IT&V Data Driven Testing program, as needed.

In this role, you will:

• Execute testing engagements (e.g. targeted reviews, issue validations) across all lines of businesses and functions in the enterprise (e.g. Wealth and Investment Management, Consumer and Small Business Banking, Consumer Lending, Corporate and Investment Banking, Commercial Banking, etc.) in adherence with ITV policies and procedures - providing guidance and oversight to other ITV team members.

• Effective identify opportunities for, set criteria, and execute data driven testing.

• 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 testing, validation, or DDT activities.

• Effectively communicate with IT&V, Business, Risk, and other key stakeholder Leadership and escalate concerns or issues as appropriate.

• Identify and implement efficiencies and process improvements.

• Provide credible challenge and recommendations to Business Leadership and other key cross functional stakeholders.

• 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 all other T&V teams effectively.

• Contribute to large scale planning related to Independent Testing deliverables.

• Review, research, and provide credible challenge to moderate and complex 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, procedures, and tools.

• Resolve moderately complex issues and lead team to meet Independent Testing deliverables while leveraging solid understanding of risk management framework, ITV engagement model and the risk and control environment.

• Collaborate and consult with colleagues, internal partners, management, and lines of business regarding risk management.

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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:

• 2+ years of independent risk and controls testing, Audit, regulatory and risk management experience.

• Thorough understanding and knowledge of law, rules and regulations regarding financial crimes including Anti-Money Laundering (AML), Bank Secrecy Act (BSA), Know Your Customer (KYC), and Sanctions/Office of Foreign Asset Control (OFAC) and Foreign Corrupt Practices Act (FCPA).

• Experience with automated or data driven testing a plus.

• Previous public accounting firm assurance experience.