About this role:
Wells Fargo is seeking a...
In this role, you will:
- Manage a team of managers in cross-functional teams in accomplishing goals and priorities
- Develop and design methodologies and standards for review activities across the Enterprise 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
- Timely execute the plan by establishing and meeting milestone dates. In addition, provide insightful, actionable, timely, concise, and accurate status updates in system of record
- Assess, document, and communicate emerging risks, themes and identified issues to leadership and risk partners in a timely manner
- Ensure issues are identified and documented
- Identify potential corrective actions, and follows through on reporting, escalation, and resolution
- Perform moderate to high risk quality reviews
- Lead implementation of complex and strategic initiatives with moderate risk and complexity
- Ensure plan includes targeted reviews based on risk and meets internal past due benchmarks
- Lead moderate to high risk or complexity review activity engagements
- Escalate any critical or high risk issues to appropriate leadership
- Manage communication and collaboration with business heads, Legal, Audit, and regulators on risk related topics
- Provide status updates to key stakeholders on programs and specific reviews where warranted
- Manage allocation of people and financial resources for Independent Testing
- Mentor and guide talent development of direct reports and assist in hiring talent
Required Qualifications:
- 4+ years of experience in Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 2+ years of Leadership experience.
Desired Qualifications:
- Strong experience in risk management (includes external/internal audit, compliance, operational risk, interest rate risk, credit risk, market risk)
- Extensive 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
- A Master of Business Administration (MBA), Chartered Accountant (CA), or a Certified Public Accountant (CPA) designation
- Strong knowledge of the COSO Framework and Risk & Control Self-Assessment (RCSA) program
- Excellent verbal, written, and interpersonal communication skills
- Strong organization and prioritization skills
- Strong strategic, critical thinking & analytical skills with high attention to detail and accuracy
- Demonstrated ability to manage conflict and provide quick and well-thought through decisions.
- Demonstrated ability to establish strong working relationship with key partners and senior management.
- 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.
- Articulate, poised and comfortable in direct interaction with senior lines of business partners, Compliance, Independent Risk Management, and Internal Audit.
- Intermediate to Advanced Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
- Experience in Independent Testing, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Leadership experience
Posting End Date:
30 Mar 2025
*Job posting may come down early due to volume of applicants.
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, status as a protected veteran, or any other legally protected characteristic.
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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Top Skills
Wells Fargo Hyderabad, Telangana, IND Office
: C9FH+X2J, Divyasree Orion Rd, Madhura Nagar Colony, Gachibowli, Hyderabad, Telangana, India, 500032
