Wells Fargo
Independent Testing Manager - IT Audit, ITGC, Data Management Risk
About this role:
Wells Fargo is seeking an Independent Testing Manager.
It is in Technology Risk of the Independent Testing & Validation (IT&V) group. The Independent Testing & Validation team is responsible for the development and design of methodologies and standards for review activities across the Enterprise in alignment with the Risk Management Framework, and ensuring effective and appropriate testing, validation, and documentation of review activities for risk programs, risks, and controls according to standards and other applicable policies.
We believe in the power of working together because great ideas can come from anyone. Through collaboration, any employee can have an impact and make a difference for the entire company. Explore opportunities with us for a career in a supportive environment where you can learn and grow.
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
- Develop, maintain, and execute the Annual Plan
- 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
- Post Graduate degree in Business, CA or related discipline
- Strong experience in Technology risk-based testing and risk management (includes control testing, compliance, operational risk, internal audit, business process management)
- Strong fundamentals and risk knowledge of Technology based testing – Data center, Data Management, IT environment, ITGC, etc..
- Must have people management experience with strong people management skills
- Ability to think critically, out of the box with a forward-looking approach and apply the risk fundamentals to unstructured scenarios
- Ability to obtain data and validate for integrity that is used for Reviews/Engagements
- Familiar with considering a broad range of issues in making decisions and holds oneself accountable for delivering on commitments and renegotiating when needed.
- Proficiently balances tasks and concerns for people’s needs.
- Familiar with building constructive and effective relationships.
- Familiar with leading and challenging others to improve the organization.
- Is the subject matter expert on testing topics (especially Technology based testing), risk types, line of business process walkthroughs, test results, quality assurance, researching, and issue identification.
- Can expertly evaluate both the adequacy and effectiveness of policies, procedures, processes, systems and internal controls; while analyzing business and/or systems changes to determine impact
- Ability to effectively listen and elicit information
- Experience leading, training, and providing feedback to staff and corresponding managers
- Strong stakeholder management experience
- Ability to exercise independent judgment to identify and resolve problems
- Time management skills and ability to meet deadlines coupled with experience renegotiating times lines when needed.
- Proficiency with risk types, methodologies and frameworks for evaluating or testing controls and assessing results, conducting research, and identifying control deficiencies.
- Experience in assessing risk, reviewing risk ratings, and identifying control deficiencies.
- Risk management experience with demonstrated leadership skills and ability to drive improvements.
- Proficient at influencing and consulting strategically across a large organization and with various levels of leadership/stakeholders.
- Experience communicating in both written and verbal formats with senior executive-level leaders.
- Balance strong, innovative problem solving skills with the practical ability to implement workable solutions to problems in a fast-paced, deadline driven environment.
- Experience of working across one or more geographic territories or regions
- Good experience with Big Four/super regional public accounting firm with experience in business process, regulatory, audit and/or advisory/consulting services and/or Financial Services industry
- Demonstrated success with influencing business units to identify, formulate and implement processes/procedures to mitigate risk
- Demonstrated negotiation skills, especially with difficult topics when partnering with lines of business and other key stakeholders. This includes the willingness and ability to question decisions, understand direction and escalate issues where necessary
- One or more of the following certifications:
- Certified Internal Auditor (CIA)
- Cybersecurity and Infrastructure Security Agency (CISA)
- Certified Information Security Manager (CISM)
- Certified in Risk and Information System Control (CRISC)
- Information Security Management Systems (ISMS)
- Data Management information
Job Expectations:
- Lead moderate to high risk or complex review activity engagements. Performs moderate to high-risk quality reviews.
- 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
- Review and research complex development and design of methodologies and standards for review activities companywide in alignment with the risk management framework
- Assesses, documents, and communicates risks, themes and identified issues, arising out of Technology reviews, to leadership and risk partners in a timely manner. Provides status updates to key stakeholders on programs and specific reviews where warranted.
- 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, regulatory bodies and stakeholders to resolve risk related topics
- Lead project teams and mentor individuals
Posting End Date:
23 Feb 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.
