Wells Fargo Independent Testing Specialist – Regulatory Reporting 

United States, North Carolina, Charlotte 

5792829

In this role, you will:

• Participate in less 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 according to standards and other applicable policies within Independent Testing.

• Support and implement less complex initiatives with low to moderate risk and exercise independent judgment to guide risk reporting, escalation, and resolution.

• Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in risk management framework and the risk and control environment.

• Collaborate and consult with colleagues, internal partners and management.

• Executing substantive testing including end-to-end transaction & non-transaction testing of regulatory and risk reports with supervision.

• Documenting test results and timely escalation of exceptions identified.

• Providing credible challenge to the First Line Units as needed.

• Acting as a change agent for continual improvement of the control environment.

Required Qualifications:

• 2+ years of Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

• 2+ years of relevant experience in regulatory reporting and risk management (includes compliance, financial crimes, operational risk, internal audit, legal, credit risk, market risk, business process management) or 2+ years of financial services industry experience.

• 2+ years direct experience in regulatory reporting and testing.

• 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.

• Knowledge and understanding of regulatory reporting e.g. Federal Reserve, Financial Conduct Authority, OCC, SEC etc.

• Knowledge and understanding of regulatory compliance requirements surrounding SOX Sarbanes-Oxley Act.

• 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 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 creating, executing, and documenting compliance, control, and business process testing.

• Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint).

• Experience supporting Regulatory Exams (Domestic and Int’l), Audits, or other regulatory reporting 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.

Job Expectations:

• This position is not eligible for Visa sponsorship.

• This position offers a hybrid work schedule.

• Willingness to work on-site at stated location on the job opening.

Posting Locations:

• 401 S Tryon Street – Charlotte, NC

• 11625 N Community House Road - Charlotte, NC

• 600 S 4th Street, Minneapolis, MN

• 1N Jefferson Avenue - St Louis, MO

• 800 S Jordan Creek Pkwy, West Des Moines, IA

• 1150 W Washington Street, Tempe, AZ

• 250 E John Carpenter Freeway, Irving, TX

18 Aug 2024

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.