Wells Fargo Independent Testing Specialist 

India, Telangana, Hyderabad 

696219935

In this role, you will:

Responsibilities of the Independent Testing Specialist role include, but are not limited to:

• 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
• The successful candidate will be a team player and a self-starter who is accustomed to working in complex organizations, partnering with a diverse group of stakeholders, and achieving results. Candidates with experience in preparing or reviewing regulatory returns including capital adequacy, liquidity coverage, recovery planning etc. are encouraged to apply.

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
• 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
• Hands on experience in regulatory reporting and testing

Desired Qualifications:

• 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

26 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.