Lead Independent Testing Officer - Financial Crimes

Wells Fargo • West Des Moines, IA

167d • $111,100 - $197,500 • Hybrid

About The Position

Wells Fargo is seeking a Lead Independent Testing Officer in Independent Testing & Validation (IT&V) as part of Corporate Risk. 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. In this position, the individual will be responsible for leading end-to-end testing activities through all phases of the engagement. Responsibilities will include preparing the engagement plan, determining engagement scope, working with testers to complete design and performance testing execution, and interacting with business stakeholders. The Lead Independent Testing Officer will work with leadership to raise findings for vetting of factual accuracy and determining root cause and impact. This role is also responsible for drafting final reports and communicating results with Financial Crimes IT&V leadership.

Requirements

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

Nice To Haves

• Experience in BSA/ AML (industry and/ or consulting).
• Experience should span all pillars of an AML Program at large financial institutions.
• Experience in conducting testing activities (either first line testing, second line compliance testing or audit). Ideally this experience would be testing of BSA/ AML program.
• Proficiency should include planning engagements, conducting control design assessments, conducting data validation exercises, developing sampling strategies, developing test scripts, conducting performance/ operational effectiveness testing, assessing materiality of findings, communication with stakeholders and drafting of final reports targeting an executive level audience.
• Strong analytical skills with high attention to detail and accuracy.
• Excellent verbal, written, and interpersonal communication skills.
• Strong organization and prioritization skills.
• Prefer one or more of the following certifications: ACAMS, CFE, CRCM, CIA.

Responsibilities

• 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.
• Develop and design methodologies and standards for review activities across the enterprise in alignment with the risk management framework.
• Review and research 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.
• 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, and regulatory bodies to resolve risk related topics.
• Lead project teams and mentor individuals.

Benefits

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees