Senior Lead Independent Testing Officer

About this role:Wells Fargo is seeking a Senior Lead Independent Testing Officer who will be responsible for subject matter expertise and oversight of Chief Operating Office testing and validation.As a part of Wells Fargo's second line of defense and Independent Risk Management team, Independent Testing covers jobs responsible for development and design of methodologies and standards for review activities and ensuring and performing effective and appropriate testing, validation, and documentation of review activities for risks and controls according to standards and other applicable policiesIn this role, you will:

Foster strong relationships with team and collaborate across other all Corp Risk, LOB, and IT&V teams effectively.

Plan and oversee annual and RCSA-based testing within required timeframes and in accordance with established processes and procedures included in the Independent Monitoring, Testing and Validation Policy.

Provide subject-matter expertise for Chief Operating Office testing teams.

Effectively communicate the testing and validation process, status, and results to business and risk partners.

Provide credible challenge and recommendations resulting from testing and validation work to risk and business partners.

Facilitate an efficient and valued testing and validation review process.

Track, maintain, and provide testing and issue validation schedule to management and stakeholders.

Perform Risk & Control Self-Assessments (RCSA)- based testing and provide credible challenge to front-line on risk assessments and Evidence Based Control Evaluations (EBCEs) performed.

Maintain authoritative knowledge and understanding of laws and regulations, regulatory guidance, policy and procedure concerning all operational risk functions reviewed.

Ensure appropriate resource allocation for testing and validation within testing team.

Identify learning & development opportunities to enhance subject-matter expertise across the team.

Escalates any potential issues discovered during the completion of review activities to the review lead. Identifies potential corrective actions, and follows through on reporting, escalation, and resolution. Provides thoughtful independent credible challenge internally and to supported lines of business.

Ensure all Testing and Validation documentation is completed per standards and appropriately retains all work papers (testing schedule, templates, work-papers, deferrals, deviations, etc.). Assesses, documents and communicates trends on emerging risks, themes, and identified issues.

Proactively raises schedule delays to Testing Senior Manager/Director with proposed resolution plans. Creates forecasts for testing and validations and consults on scheduling and capacity planning across the team.

Analyze testing data and key metrics to create management reporting for ongoing monitoring

Required Qualifications, US:

7+ years of Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

Knowledge and understanding of audit, regulatory compliance, or risk management.

Experience with RCSA-based testing and subject-matter expertise in Chief Operating Office (e.g. third-party risk management, change management, operations, and RCSA-based control risk assessments and testing).

Ability to negotiate, influence, and collaborate to build successful relationship.

Ability to exercise independent judgement to identify and resolve problems.

Advanced Microsoft Office skills.

Excellent verbal, written, and interpersonal communication skills.

Strong analytical skills with high attention to detail and accuracy.

Ability to articulate complex concepts in a clear manner.

Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.

Considers a broad range of issues in making decisions, and holds oneself accountable for delivering on commitments and renegotiating when needed.

Expertly builds constructive and effective relationships.

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.

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.

Prefer one or more of the following certifications: Certified Internal Auditor (CIA) Certified Public Accountant (CPA) Certified Regulatory Compliance Manager (CRCM) Certified Risk and Compliance Management Professional (CRCMP)

Job Locations:

Charlotte, NC

Irving, TX

West Des Moines, IA

Minneapolis, MN

Tempe, AZ

St Louis, MO

This position offers a hybrid work schedule

We Value DiversityAt 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, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.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.Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.Company: WELLS FARGO BANKReq Number: R-314058-6Updated: Thu Oct 19 00:00:00 UTC 2023Location: WEST DES MOINES,Iowa