About this role:

Wells Fargo is seeking a Sr. Lead Independent Testing Officer in Financial Crimes Independent Testing Validation (ITV) group within the Corporate Risk organization. Learn more about the career areas and lines of business at wellsfargojobs.com .

The Financial Crimes Independent Testing and Validation (ITV) Targeted Risk and Control Evaluation (TRACE) team within Corporate Risk enterprise independent risk management testing function for financial crimes risk disciplines including BSA/AML, Sanctions, OFAC, and Anti-Bribery and Corruption (ABC). The TRACE team is responsible for executing targeted reviews in the areas of high and emerging financial crimes risk and related reviews such as Risk and Control Self-Assessment (RCSA) testing to independently evaluate the adequacy and effectiveness of business processes or activities and mitigating controls across the enterprise.

TRACE is also responsible for executing all financial crimes issue validations. We currently have an opportunity on the TRACE team as a Senior Lead Independent Testing Officer to execute financial crimes reviews and issue validations.

In this role, you will:

Manage testing engagements (e.g. targeted reviews, issue validations, RCSA, etc.) 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.

Lead the review team to execute complete, accurate, and timely reviews with high quality.

Effectively communicate the validation or testing process, status, and results to ITV leadership, business, and risk partners

Write and review reports and presentations that clearly articulate the results/conclusions of validation or testing activities.

Effectively partner and communicate with ITV, Business, Risk, and other key stakeholder senior and executive leadership and escalate concerns or issues as appropriate.

Identify and implement efficiencies and process improvements.

Provide credible challenge and recommendations to Business senior and executive leadership and other key cross functional stakeholders.

Actively participate in learning development opportunities to ensure the use of best-in-class processes and procedures.

Effectively manage change to ensure an effective risk management program.

Foster relationships with teams and collaborate across all other TV teams effectively.

Contribute to large scale planning related to Independent Testing deliverables.

Review, research, and provide expert credible challenge to moderate and complex financial crimes 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 complex issues and lead team to meet Independent Testing deliverables while leveraging solid understanding of risk management framework, ITV policies and procedures, ITV engagement model and the risk and control environment.

Collaborate and consult with colleagues, internal partners, management, and lines of business regarding risk management at various levels.

Required Qualifications:

8+ years of Independent Testing experience, or equivalent (e.g., audit) demonstrated through one or a combination of the following: work experience, training, military experience, education.Desired Qualifications:

Bachelor's Degree from accredited university/college in relevant discipline (e.g. business).

Independent risk and controls testing, Audit, regulatory and risk management experience. Previous public accounting / audit / consulting firm assurance experience a plus.

Proficient 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).

Excellent verbal and written communication, attention to detail and risk analysis skills.

Experience writing reports for senior leadership audience level.

Experience in Audit, Compliance, Risk and Testing

Excellent Critical Thinking, Analytical skills, and attention to detail

Demonstrated ability to analyze and identify risk and controls issues, and escalate as appropriate.

Management of full testing lifecycle experience that includes determining scope, test script design, test execution (including sampling methodology), analysis of results to identify gaps or issues, escalation of issues and risks, and documentation of reports with results.

Issues management, validation, and tracking

Experience managing testing engagements, preferably of large and complex scope, while leading other testers and resources

Experience providing substantive "credible challenge" to senior and executive business partners, when necessary, with the ability to lead through influence.

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 stakeholders and leaders, and an ability to influence and drive timely decision making.

One or more of the following certifications is desired:

Certified Anti-Money Laundering Specialist (CAMS)

Certified Financial Crimes Specialist (CFCS)

Certified Information Systems Auditor (CISA)

Certified Internal Auditor (CIA)

Certified Public Accountant (CPA)

Certified Regulatory Compliance Manager (CRCM)

Job Expectations:

This position offers a hybrid work schedule.

No relocation assistance is provided for this job.

Ability to work at one of the approved locations in the job posting.

Ability to travel up to 5%.

Posting Locations:

Charlotte, NC

Minneapolis, MN

St. Louis, MO

West Des Moines, IA

Irving, TX

Tempe, AZ

Posting End Date:

18 Aug 2024

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

We Value Diversity

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, 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.

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.

Company: WELLS FARGO BANK

Req Number: R-391654-1

Updated: Tue Aug 13 01:29:48 UTC 2024

Location: CHARLOTTE,North Carolina