Senior Independent Testing Specialist

4 weeks ago


Minneapolis, Minnesota, United States Wells Fargo Full time
About this Role

Wells Fargo is seeking a Senior Independent Testing Specialist to join the Financial Crimes Independent Testing & Validation (IT&V) group within the Corporate Risk organization. This role is responsible for executing targeted reviews in high and emerging financial crimes risk areas, including BSA/AML, Sanctions, OFAC, and Anti-Bribery and Corruption (ABC).

Key Responsibilities
  • Understand and apply guidance from Testing & Validation Policy, Procedures, Playbooks, and Job Aids.
  • Assign tasks/responsibilities to engagement tester(s)/validator(s), establishing milestone dates that allow engagement target due dates to be met and conducting frequent touchpoints to track progress, address concerns, or provide guidance.
  • Assess the adequacy and effectiveness of policies, procedures, processes, systems, and control environments, and understand market/business/regulatory changes to determine impacts to engagement plans and scopes.
  • Effectively communicate the validation or testing process, status, and results to IT&V leadership, business and risk partners.
  • Write and/or review reports or presentations that clearly articulate the results/conclusions of validation or testing activities.
  • Effectively communicate with IT&V Leadership and escalate concerns or issues as appropriate.
  • Identify and implement efficiencies and process improvements.
  • Provide credible challenge and recommendations to IT&V Leadership as needed.
  • Actively participate in learning & development opportunities to ensure the use of best-in-class processes and procedures.
  • Assist in managing change to ensure an effective risk management program.
  • Foster relationships with teams and collaborate across all other T&V teams effectively.
  • Lead or participate in moderate to high risk or complex review activities in a matrixed environment and communicate emerging risks to management within Independent Testing.
  • Contribute to large scale planning related to Independent Testing deliverables.
  • Review and research moderately complex potential 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.
  • Resolve moderately complex issues and lead team to meet Independent Testing deliverables while leveraging solid understanding of risk management framework and the risk and control environment.
  • Collaborate and consult with colleagues, internal partners, management and lines of business regarding risk management.
  • Work independently to execute tasks and documentation with minimal rework.
Requirements
  • 4+ years of Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
  • Desired Qualifications: Testing, Audit, regulatory and risk management experience.
  • Knowledge on Financial Crimes areas including Anti-Money Laundering (AML), Bank Secrecy Act (BSA), Know Your Customer (KYC), and Sanctions/Office of Foreign Asset Control (OFAC).
  • Ability to identify issues, risk and escalate to the appropriate party.
  • Full testing lifecycle experience that includes determining scope, designing test scripts, executing tests, identifying and escalating issues and risks, and documenting and reporting results.
  • Issues management, validation and tracking.
  • Experience leading testing engagements, preferably of large scope, while leading other testers and resources.
  • Experience providing 'credible challenge' to business partners, when necessary, with the ability to lead through influence.
  • Experience writing reports for senior leadership audience level.
  • Experience in Audit, Compliance, Risk and Testing.
  • Critical Thinking and Analytical skills.
  • 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).


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