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About Wells Fargo


Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Market Job Description


About Wells Fargo India


Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA., by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We are operating in Hyderabad, Bengaluru and Chennai locations.

Department Overview


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.

About the Role


This role is in the CTSD&I 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.

Responsibilities


•Providing meaningful operational and compliance risks assessments of business and IT processes.
•Supporting efforts to effectively challenge risks in processes and evaluate and/or test controls designed to mitigate those risks.
•Executing substantive and/or control testing with moderate supervision.
•Executing the test of design and operating effectiveness for RCSA (Risk & Compliance Self-Assessment) controls.
•Providing consultation and subject matter expertise for process and IT control related matters including evaluating severity of control deficiencies and related remediation efforts.
•Documenting test results and any issues identified while also providing recommendations to management.
•Providing Credible Challenge to the First Line Units as needed.
•Acting as a change agent for continual improvement of the control environment


Market Skills and Certifications


Essential Qualifications

  • 4+ years of relevant experience in risk management (includes compliance, financial crimes, operational risk, internal audit, IT systems security, business process management)
  • 2+ years direct experience Audit, Compliance, Risk and testing

Desired Qualifications


Knowledge and understanding of financial services industry: compliance, risk management, or audit operations
  • Knowledge and understanding of regulatory agencies: Federal Reserve and OCC
  • 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 testing policy, procedures, control and business process testing
  • Experience creating, executing, and documenting compliance, control, and business process testing
  • Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint)
  • Ability to take on a high level of responsibility, initiative, and accountability
OTHER DESIRED QUALIFICATIONS:
  • Minimum two years at Big Four/super regional public accounting firm with experience in business process, regulatory, or IT audit and/or business process, regulatory, or IT SOX advisory/consulting service.
  • Knowledge and understanding of Technology and Information Security Frameworks and standards (COBIT, COSO, FFIEC, NIST, ISO).
  • Experience supporting SOX/SOC, Regulatory Exams (Domestic and Int'l), Audits, or other technology control 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

Prefer one of the following certifications:
  • Certified Internal Auditor (CIA)
  • Certified Information Systems Auditor (CISA)
  • Certified Anti-Money Laundering Specialist (CAMS)
  • Certified Financial Crimes Specialist (CFCS)
  • Certified Information Security Manager (CISM)
  • Certified Information Systems Security Professional (CISSP)
  • Certified in Risk and Information Systems Control (CRISC)


We Value Diversity


At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate. 63221

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At Wells Fargo, we’ve been proudly supporting military veterans and their families for more than 170 years.

We value the leadership, discipline, and skills you’ve gained through your service to our country and recognize the contributions our veteran team members bring to the table. We’re so committed to hiring and retaining military veterans, veterans with disabilities, National Guard members, and Reservists that we’ve made it our goal is to employ 20,000 veterans by 2020.

As a Wells Fargo team member, you’ll find a work culture that is team-oriented, collaborative, structured, and challenging. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance. You may choose to join our Veteran’s Team Member Network, a group of thousands who share an interest in veterans’ matters, and that promotes greater awareness and job development within the veteran community. To learn more about opportunities at our company, please visit wellsfargojobs.com/military. Let’s talk about turning your military experience into a great civilian career.