Independent Testing Manager - Internal Audit & Control Testing

About this role:

Wells Fargo is seeking an Independent Testing Manager.

Wells Fargo is seeking a (insert job title). We believe in the power of working together because great ideas can come from anyone. Through collaboration, any employee can have an impact and make a difference for the entire company. Explore opportunities with us for a career in a supportive environment where you can learn and grow.

About Wells Fargo: Wells Fargo & Company (NYSE: WFC) is a leading global financial services company with $2.0 trillion in assets and offices in over 37 countries. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides asset management, capital raising and advisory, financing, foreign exchange, payments, risk management, and trade finance services to support customers who conduct business in the global economy. At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We also value the viewpoints of our team members and encourage them to be their best. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. Learn more at our International Careers website.

Department Overview

Independent Testing & Validation (IT&V) is part of Wells Fargo’s second line of defense, or Independent Risk Management (IRM) team, and is responsible for the development and design of methodologies and standards for review activities across the Enterprise in alignment with the Risk Management Framework. Testing & Validation teams provide independent, comprehensive operational risk and compliance control testing as well as targeted/emerging risk reviews and issue validation.

About the Role

Wells Fargo is seeking an Independent Testing Manager

In this role, you will:

• Manage a team of managers in cross-functional teams in accomplishing goals and priorities
• Develop and design methodologies and standards for review activities across the Enterprise 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
• Develop, maintain, and execute the Annual Plan
• Ensure issues are identified and documented
• Identify potential corrective actions, and follows through on reporting, escalation, and resolution
• Perform moderate to high risk quality reviews
• Ensure plan includes targeted reviews based on risk and meets internal past due benchmarks
• Escalate any critical or high risk issues to appropriate leadership
• Manage communication and collaboration with business heads, Legal, Audit, and regulators on risk related topics
• Provide status updates to key stakeholders on programs and specific reviews where warranted
• Manage allocation of people and financial resources for Independent Testing
• Mentor and guide talent development of direct reports and assist in hiring talent

Required Qualifications 

• 4+ years of experience in Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 2+ years of Leadership experience

Desired Qualifications 

• Strong experience in Control testing, Process Reviews, Audit, risk-based testing and risk management (includes control testing, compliance, operational risk, internal audit, business process management)
• Strong fundamentals and Risk knowledge of conducting end-to-end Reviews / audits / control testing.
• Strong people management experience with strong people management skills
• Banking, Financial Services, Big 4 audit Firms experience preferred.
• Ability to think critically, out of the box with a forward-looking approach and apply the risk fundamentals to unstructured scenarios
• Ability to obtain data and validate for integrity that is used for Reviews/Engagements
• Familiar with considering a broad range of issues in making decisions and holds oneself accountable for delivering on commitments and renegotiating when needed. 
• Proficiently balances tasks and concerns for people’s needs. 
• Familiar with building constructive and effective relationships. 
• Familiar with leading and challenging others to improve the organization. 
• Is the subject matter expert on testing topics (especially Technology based testing), risk types, line of business process walkthroughs, test results, quality assurance, researching, and issue identification.
• Can expertly evaluate both the adequacy and effectiveness of policies, procedures, processes, systems and internal controls; while analyzing business and/or systems changes to determine impact
• Ability to effectively listen and elicit information
• Experience leading, training, and providing feedback to staff and corresponding managers
• Strong stakeholder management experience
• Ability to exercise independent judgment to identify and resolve problems
• Time management skills and ability to meet deadlines coupled with experience renegotiating times lines when needed.
• Proficiency with risk types, methodologies and frameworks for evaluating or testing controls and assessing results, conducting research, and identifying control deficiencies.
• Experience in assessing risk, reviewing risk ratings, and identifying control deficiencies.
• Risk management experience with demonstrated leadership skills and ability to drive improvements.
• Proficient at influencing and consulting strategically across a large organization and with various levels of leadership/stakeholders.
• Experience communicating in both written and verbal formats with senior executive-level leaders.
• Balance strong, innovative problem solving skills with the practical ability to implement workable solutions to problems in a fast-paced, deadline driven environment.
• Experience of working across one or more geographic territories or regions
• Experience at Big Four/super regional public accounting firm with experience in business process, regulatory, audit and/or advisory/consulting services and/or Financial Services industry
• 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 and other key stakeholders. This includes the willingness and ability to question decisions, understand direction and escalate issues where necessary
• One or more of the following certifications:
  • Certified Internal Auditor (CIA)
  • Chartered Accountancy (CA)
  • Certified Public Accountant (CPA)
  • Cost & Management Accountant (CMA)
  • MBA or any other Post Graduate

Job Expectations:

• The incumbent lead a team of professionals for Technology Testing as 2nd Line of Defense
• Manages a team of Associate Managers, Officers and/or Specialists-Sr. Specialists or cross-functional teams in accomplishing goals and priorities
• Lead moderate to high risk or complex review activity engagements. Performs moderate to high-risk quality reviews.
• 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
• Review and research complex development and design of methodologies and standards for review activities companywide in alignment with the risk management framework
• Assesses, documents, and communicates risks, themes and identified issues, arising out of Technology reviews, to leadership and risk partners in a timely manner. Provides status updates to key stakeholders on programs and specific reviews where warranted.
• 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, regulatory bodies and stakeholders to resolve risk related topics
• Lead project teams and mentor individuals

Posting End Date: 

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 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 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.