Independent Testing Specialist - Wealth and Investment Management (WIM)

About this role:

Wells Fargo is seeking an Independent Testing Specialist 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.

The Wealth and Investment Management (WIM) Testing & Validation team is seeking an Independent Testing Specialist with the Investment Solutions, Advice & Planning, and WIM CAO Team to support testing activities. The Independent Testing Specialist will be accountable for developing and executing independent control testing over operational and compliance risks. Testing review activities are performed and results are documented in templates and systems of record based on applicable policies, standards, and guidance documentation. The testing process may involve conducting and documenting walk-throughs of controls, developing test scripts and determining the appropriate artifacts for sampling to assess the design and operating effectiveness of the control(s). The right candidate will be responsible for evaluations of controls to ensure identification of control deficiencies, providing insight into emerging risks while operating in a very dynamic manner, and connecting and building relationships with key partners. This role requires attention to detail, strong organizational skills, communication skills and the ability to collaborate with stakeholders across the business group or Enterprise.

In this role, you will:

• Participate in less 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 according to standards and other applicable policies within Independent Testing.

• Support and implement less complex initiatives with low to moderate risk and exercise independent judgment to guide risk reporting, escalation, and resolution.

• Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in risk management framework and the risk and control environment.

• Collaborate and consult with colleagues, internal partners and management.

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:

• Minimum 2 years of experience in audit, risk, or compliance testing. 

• Experience in risk management, control testing, issue identification and validation, compliance, operational risk, internal audit, business process management, risk and control self-assessment, financial crimes etc.).

• Public Accounting experience or Big 4 accounting firm experience a plus. 

• Knowledge and understanding of financial services industry: compliance, risk management, or audit operations.

• Full testing lifecycle experience that includes determining scope, designing test scripts, executing tests, identifying and escalating issues and risks, and documenting and reporting results.

• Excellent verbal, written, and interpersonal communication skills.

• Ability to meet stringent deadlines with strong organization and prioritization skills.

• Ability to take on a high level of responsibility, initiative, and accountability.

• Strong relationship management skills; ability to negotiate difficult positions without harming relationships.

• Analytics experience with either of the following:  SQL, SAS, Python.

• Experience with other analytics, business intelligence, or database management tools such as Toad, DAX, Microsoft Power platform, or Alteryx is a plus.

• Experience gathering, analyzing, and interpreting large datasets; ability to retrieve data from various information systems.