Independent Testing Specialist - Regulatory Reporting / Financial Reporting & Control Testing, Wells Fargo

Wells Fargo

Location:
India, Hyderabad

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Wells Fargo is seeking a Independent Testing Specialist. 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.

Job Responsibility:

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

Requirements:

2+ years of Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Knowledge and understanding of financial services industry: compliance, risk management, or audit operations
A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting
Big four public accounting experience
A Master of Business Administration (MBA) or a Certified Public Accountant (CPA) designation
Knowledge and understanding of regulatory reporting e.g. Federal Reserve, Financial Conduct Authority, OCC, SEC etc.
Knowledge and understanding of regulatory compliance requirements surrounding SOX Sarbanes-Oxley Act
Ability to take on a high level of responsibility, initiative, and accountability
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
Specialized knowledge or prior regulatory compliance testing or review experience
Experience reviewing testing strategies and methodologies
evaluating the adequacy and effectiveness of policies, procedures, processes, initiatives, products and internal controls
and identifying issues resulting from internal and/or external compliance examinations
Experience creating, executing, and documenting compliance, control, and business process testing
Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint)
Experience supporting Regulatory Exams (Domestic and Int’l), Audits, or other regulatory reporting related assessments
Strong critical thinking skills with ability to credibly challenge status quo
Strong organization and prioritization skills
Strong relationship management skills
ability to negotiate difficult positions without harming relationships

Nice to have:

Big four public accounting experience
A Master of Business Administration (MBA) or a Certified Public Accountant (CPA) designation
Knowledge and understanding of regulatory reporting e.g. Federal Reserve, Financial Conduct Authority, OCC, SEC etc.
Knowledge and understanding of regulatory compliance requirements surrounding SOX Sarbanes-Oxley Act
Ability to take on a high level of responsibility, initiative, and accountability
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
Specialized knowledge or prior regulatory compliance testing or review experience
Experience reviewing testing strategies and methodologies
evaluating the adequacy and effectiveness of policies, procedures, processes, initiatives, products and internal controls
and identifying issues resulting from internal and/or external compliance examinations
Experience creating, executing, and documenting compliance, control, and business process testing
Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint)
Experience supporting Regulatory Exams (Domestic and Int’l), Audits, or other regulatory reporting related assessments
Strong critical thinking skills with ability to credibly challenge status quo
Strong organization and prioritization skills
Strong relationship management skills
ability to negotiate difficult positions without harming relationships

Additional Information:

Job Posted:
April 27, 2025

Expiration:
May 08, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Independent Testing Specialist - Regulatory Reporting / Financial Reporting & Control Testing