Lead Independent Testing Officer, 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 Lead Independent Testing Officer to lead complex initiatives executing moderate to high risk or complex review activities and engagements in a matrixed environment. The role involves developing and designing methodologies and standards for review activities across the enterprise in alignment with the risk management framework, ensuring effective testing, validation, and documentation of review activities for risk programs, risks and controls, and collaborating with various stakeholders to resolve risk related topics.

Job Responsibility:

Lead complex initiatives executing moderate to high risk or complex review activities and engagements in a matrixed environment
Communicate emerging risks with broad impact and act as key participant in large scale planning for Independent Testing
Develop and design methodologies and standards for review activities across the enterprise in alignment with the risk management framework
Review and research 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
Make decisions in complex situations requiring solid understanding of risk management framework and the risk and control environment that influence and lead enterprise testing to meet deliverables and drive new initiatives
Collaborate and consult with Audit, Legal, external agencies, and regulatory bodies to resolve risk related topics
Lead project teams and mentor individuals
Serve in a lead capacity, participating in testing engagements in a matrixed environment, and communicating emerging risks to management
Supporting efforts to effectively challenge risks in the end-to-end reporting processes and evaluate controls designed to mitigate those risks
Partnering with business partners to understand the environment and related initiatives to develop appropriate and complementary testing procedures
Executing testing requirements with supervision
Documenting test results and timely escalation of exceptions identified
Providing credible challenge as needed
Acting as a change agent for continual improvement of the control environment

Requirements:

5+ years of Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Relevant experience risk & control evaluation through design and performance testing and risk management (includes model risk, compliance, financial crimes, operational risk, internal audit, legal, credit risk, market risk, business process management)
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
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 Model Risk, EUCT governance, Market Risk, Credit Risk, Operational Risk, Enterprise Risk Management 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 and Audits
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
Specialized knowledge or prior Model Risk, EUCT governance, Market Risk, Credit Risk, Operational Risk, Enterprise Risk Management testing or review experience

Additional Information:

Job Posted:
June 09, 2025

Expiration:
November 09, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Lead Independent Testing Officer