Job description
About this role:
Wells Fargo is seeking an Independent Testing Director
In this role, you will:
At 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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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.
Wells Fargo is seeking an Independent Testing Director
In this role, you will:
- Manage a team from cross-functional managers in accomplishing group strategic 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.
- Oversee development and design of methodologies and standards for companywide testing.
- Ensure effective and appropriate staffing levels and testing inventory for risk programs, risks, and controls.
- Lead Independent Testing team to evaluate effectiveness of controls and business processes to manage and mitigate risk and assess effectiveness of completed corrective actions.
- Oversee programs or initiatives related to a line of business or an Enterprise strategy with considerable impact across the Enterprise and externally.
- Take ownership of line of business or regional programs to ensure effective, efficient and accurate testing and validation.
- Serve as primary interface and represent with corporate, business heads, Legal, Audit, regulators, industry partners, stakeholders, elected officials and trade groups on risk related topics.
- Manage allocation of people and financial resources for Independent Testing
- Develop and guide a culture of talent development to meet business objectives and strategy.
- 8+ years of experience in Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
- 4+ years of Management experience
- Extensive experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, business process management) including expert level in financial services industry experience, of which must include direct experience in risk management.
- Extensive knowledge of banking/financial services lines of business, to include Consumer Lending, Wealth & Investment Management, Enterprise Functions, Commercial Banking, Consumer & Small Business Banking, Technology, Digital/Innovation, COO.
- Extensive experience designing and executing enterprise testing and validation programs, including the development of consistent standards and testing methodologies for compliance and operational risk testing, including RCSA.
- Experience supporting large complex business processes and initiatives across diverse lines of business within a bank or financial institution, products and services.
- Understanding of law, rules and regulations that are integral and impacting the lines of business and products and services in scope.
- Expert-level knowledge of industry standards and best practices around monitoring, testing, assurance, and risk management processes.
- Mature understanding of the ever-evolving governance and regulatory environments.
- Organizational courage and willingness to make tough, informed decisions and thoughtfully share independent perspectives and experiences.
- Strong analytical, critical thinking and problem-solving skills, coupled with an ability to translate ambiguous ideas/issues into well-defined plans/solutions with a track-record for delivering results.
- Effective communicator, both orally and in writing, able to ask well-crafted questions and present ideas in a clear and compelling manner, good listener who engenders creative thinking and teamwork.
- Ability to develop and articulate sound proposals to key stakeholders, and an ability to influence and drive timely decision making.
- Proven ability to cultivate relationships and collaborate with multiple stakeholders and constituencies, including business leaders, legal, audit and multiple U.S. and non-U.S. regulators.
- Proven ability to build and lead high-performing teams, ensuring proper staffing and expertise, and manage the establishment of major policies and relevant compliance programs across major business divisions within a large and complex organization.
- Skilled in anticipating change, adjusting behavior to effectively handle rapid change, and the ability to adjust behavior to remain resilient through ambiguity or setbacks.
- Experience in leading others through change in order to proactively adapt.
- Adaptable to new methods, tools, and technology.
- Ethical integrity and proven ability to serve as a role model by reinforcing and demonstrating to your employees the core values and behavioral expectations contained in Wells Fargo's Vision, Values & Goals.
- Additional professional certifications in Risk, Audit, and/or Compliance strongly preferred.
At 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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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.
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