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 Audit, Legal, external agencies, and regulatory bodies 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
Manage day today model risk management responsibilities & independently oversee the model risk exposures (including assessing monitoring design, implementation, policy adherence, data inputs, outputs, process controls, identifying logic, excel formula, coding errors and reviewing whether the model/tool is the functioning in line with its intent
Review and analyze EUCT/models and conduct independent testing & validation
Independently validating the design, operational effectiveness and conceptual soundness of EUCTs on a set schedule to comply with EUCT Policy requirements in managing the risk of the tools that present the greatest risk to Wells Fargo
Collaborate and consult with peers, managers, experienced managers, across various lines of business.

Requirements:

5+ years of Independent Testing experience
Good experience in Independent Testing experience in an analytical field such as applied math, statistics, engineering, accounting, finance, economics, or computer sciences
Strong mathematical, statistical, analytical and computational skills
Detailed knowledge and experience with various desktop platforms used to develop and analyze EUCTs, such as Excel, SQL, SAS, Access etc.

Nice to have:

Audit, risk analysis & management, analytics experience, preferably executing and/or providing audit coverage of model risk management activities within financial institutions
Experience in the model development/ validation, or auditing of models in the financial services industry, preferably within a large bank
Ability to execute in a fast-paced, demanding environment while balancing multiple priorities
Proven ability to work effectively across teams and organizational levels to complete challenging assignments
Ability to use imperfect information to solve complex problems and make strategic recommendations
Excellent verbal, written and interpersonal communication skills
ability to communicate complex concepts clearly and concisely in order to create understanding and influence decisions.

Additional Information:

Job Posted:
August 12, 2025

Expiration:
August 18, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Lead Independent Testing Officer