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Wells Fargo Independent Testing Specialist in West Des Moines, Iowa

About this role:

Wells Fargo is seeking an Independent Testing Specialist in Corporate Risk as part of the Independent Testing and Validation team. Learn more about the career areas and lines of business at .

The Independent Testing and Validation (IT&V) 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.

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

Responsibilities of the Independent Testing Specialist role specific to the Independent Testing and Validation (IT&V) team include, but are not limited to:

  • Subject matter expertise in market and counterparty risk

  • Effectively communicating the validation or testing process, status, and results to IT&V leadership, business and risk partners

  • Writing and/or reviewing reports or presentations that clearly articulate the results/conclusions of validation or testing activities

  • Effectively communicating with IT&V Leadership and escalating concerns or issues as appropriate

  • Identifying and implementing efficiencies and process improvements.

  • Providing credible challenge and recommendations to IT&V Leadership as needed

  • Actively participating in learning & development opportunities to ensure the use of best in class processes and procedures

  • Assisting in managing change to ensure an effective risk management program

  • Fostering relationships with teams and collaborating across other all T&V teams effectively

Required Qualifications, US:

  • 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:

  • Super regional public accounting firm experience in business process, regulatory, or compliance audits and/or business process, regulatory, or advisory/consulting service

  • 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

  • Exposure to bank financial reporting requirements, such as familiarity with CCAR related processes

  • Foundational understanding of Finance functions and related supervisory expectations for large financial institutions

  • Strong knowledge of the COSO Framework and Risk & Control Self-Assessment (RCSA) programs

  • Experience using and/or knowledge of key risk and control considerations for key finance applications and tools

  • Experience in Audit, Compliance, Risk and Testing

  • Critical Thinking and Analytical Skills

  • Ability to articulate complex concepts in a clear manner

  • Advanced Microsoft Office skills

  • Excellent verbal, written, and interpersonal communication skills

  • Strong analytical skills with high attention to detail and accuracy

  • Ability to drive and lead organizational change, prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

  • Strong strategic and conceptual thinking skills

  • Demonstrated ability to management conflict and provide quick and well-thought through decisions

  • Demonstrated ability to establish strong working relationship with key partners and senior management

  • Articulate, poised and comfortable in direct interaction with senior lines of business partners, Compliance, Independent Risk Management, and Internal Audit

  • Relevant Post-Secondary education

Job Expectations:

Posting Locations:

  • Charlotte, NC

  • Fort Mill, SC

  • Irving, TX

  • West Des Moines, IA

  • Minneapolis, MN

  • Tempe, AZ

  • St Louis, MO

Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered for current Wells Fargo employees.

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, 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.


Req Number: R-201859-7

Updated: Mon Sep 12 23:03:43 UTC 2022

Location: West Des Moines,Iowa