Independent Testing Senior Manager - Compliance & UDAAP Testing CSBB

About this role:

Wells Fargo is seeking an Independent Testing Senior Manager in Independent Testing & Validation (IT&V) as part of Corporate Risk. Learn more about the career areas and lines of business at wellsfargojobs.com.

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.

The Testing Senior Manager will execute horizontal compliance testing and UDAAP testing. This leader will be responsible for executing multiple large, complex testing engagements that transcend into multiple areas within Consumer and Small Business Banking. The leader will engagement manager to execute in all areas of testing from plan and prepare, to execution, to reporting results. Further, this leader will be the key contact for senior leaders during the execution of engagements that they are leading.

In this role, you will:

• Develop and design methodologies and standards for review activities across the Enterprise 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.

• Lead multiple engagements in a matrixed environment as an individual contributor executing high complexity review activities across business lines.

• Possess considerable knowledge of risk profile of engagement review’s subject matter (i.e. LOB, Enterprise Function, risk program, etc.).

• Lead assessment of adequacy and effectiveness of policies, procedures, processes, systems, and control environment ensuring market/business/regulatory changes are incorporated.

• Responsible for determining engagement’s scope and approach for engagement management approval.

• Oversee engagement execution activities and performs quality reviews, assesses and escalates findings, provides credible challenge to remedial actions, and follows through on reporting and resolution per procedural guidance.

• Lead report preparation, review, and distribution activities ensuring completeness, accuracy and compliance with procedures.

• Lead internal (IT&V) and external (business partners, audit, compliance, industry risk partners, regulators, etc.) collaborative activities in support of engagement’s needs.

• Build and own constructive relationships exercising effective communication behaviors supporting wide-ranging engagement review activities.

Required Qualifications:

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

• 3+ years of management or leadership experience.

Desired Qualifications:

• Knowledge and understanding of financial services industry: compliance, risk management, or audit operations.

• UDAAP and Consumer Compliance 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.

• Ability to take on a high level of responsibility, initiative, and accountability.

• Experience and knowledge of banking products, services, and processes.

• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.

• Excellent verbal, written, and interpersonal communication skills.

• Specialized knowledge or prior regulatory compliance testing or review experience.

• Experience creating, executing, and documenting compliance, control, and RCSA testing.

• Strong analytical skills with high attention to detail and accuracy.

• Strong critical thinking skills with ability to credibly challenge status quo.

• Strong relationship management skills: ability to negotiate difficult positions without harming relationships.

• Intermediate Microsoft Office skills.

• A BS/BA degree or higher in business administration, finance, or accounting.

• Certified Regulatory Compliance Manager (CRCM).

• Certified Internal Auditor (CIA).

• Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA).

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

• 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

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$144,400.00 - $300,000.00

Posting End Date:

21 Apr 2025

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

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