Wells Fargo Independent Testing Specialist 

India, Telangana, Hyderabad 

787591666

In this role, you will:

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

• Executes review activities in an effective manner, including leading high risk and/or complex operational process review in a matrixed environment, and communicates identified issues/findings to management and other interested parties.
• Completes review activities on an accelerated schedule, raising schedule delays as needed while looking for opportunities to remediate schedule issues.
• Leads and supports efforts to challenge risks in processes and evaluate and/or test controls designed to mitigate those risks, including evaluation of control design and operating effectiveness, if applicable.
• Escalates any potential issues discovered during the completion of review activities. Identifies potential corrective actions and follows through on reporting, escalation, and resolution.
• Completes all testing and documentation under limited supervision and appropriately retains all work papers (testing schedule, templates, work-papers, deferrals, deviations, etc.).
• Provides consultation and subject matter expertise including evaluating severity of control deficiencies and related remediation efforts, if applicable.
• Documents test results and any issues identified while also providing recommendations to management, including identifying compensating controls and residual risk to issues identified.
• Executing the testing of design and performance for RCSA based controls.
• Builds relationships and collaborates with key stakeholders
• Proactively engaging business partners to kick-off testing and lead ongoing meetings with moderate supervision.
• Proactively communicating issues to stakeholders.
• Developing clear and concise reporting to be shared with IT&V management and Front-Line Units.
• Providing Credible Challenge to the First Line Units as needed.
• Building relationships and collaborating with key stakeholders in the applicable line of business.
• 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

• 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 Skills

• University degree in Business or related discipline
• Good experience in risk management (includes control testing, issue identification and validation, compliance, financial crimes, operational risk, internal audit, business process management)
• Knowledge and understanding of financial services industry: compliance, risk management, or audit operations
• Specialized knowledge or prior control 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
• Ability to prepare reports and present to executives

• Other Desired Experience:

• Minimum 2/3 years at Big Four or super regional public accounting firms or financial industry with experience in business process, regulatory, audit and/or advisory/consulting services
• 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 technology. This includes the willingness and ability to question decisions, understand direction and escalate issues, where necessary

20 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.