Wells Fargo
Principal Independent Testing Officer
MINNEAPOLIS, MN
Oct 4, 2024
fulltime
Full Job Description

About this role:

Wells Fargo is seeking a Principal Independent Testing Officer. This position will report directly to the Head of IT&V Program.

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​IT&V sits in Corporate Risk and the Principal Independent Testing Officer will need to be multifaceted in execution for all aspects of IT&V program holistically. Primarily focusing on the largest regulatory deliverables, collecting artifacts and ensuring cross program support. This individual will demonstrate strong executive presence. Ultimately providing primary support to the Head of IT&V Program for all key deliverables with cross program impact.

In this role, you will:

  • Strategically lead peers and leaders to ensure effective and appropriate testing, validation, and documentation of review activities for risk programs, risks, and controls according to standards and other applicable policies
  • Develop and deliver executive messaging specific to potential corrective actions, reporting, escalation, and resolution
  • Ensure appropriate and timely escalation of any potential delays or risk requiring executive awareness with proposed resolution
  • Develop and implement efficiencies with focus on impact to the broader Independent Testing and Validation organization
  • Develop and lead implementation of complex initiatives with high risk, generally spanning multiple business lines
  • Provide functional expertise and thought leadership requiring executive awareness for the most complex areas across the Independent Testing and Validation organization
  • Strategically lead and execute complex projects or virtual initiatives
  • Serve as an expert advisor by representing the business through interactions with internal business and other business units, audit, legal, industry partners, and regulatory agencies
  • Prepare and present executive level presentations


Required Qualifications:

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

Desired Qualifications:

  • Expert-level knowledge of industry standards and best practices around monitoring, testing, assurance and risk management processes.
  • Deep understanding of the ever-evolving governance and regulatory environments.
  • Organizational courage and willingness to make tough, informed decisions and thoughtfully share independent perspectives.
  • Strong analytical, critical thinking and problem-solving skills, coupled with an ability to translate ambiguous ideas/issues into well-defined plans/solutions with a track-record for delivering results.
  • Effective communicator, both orally and in writing, able to ask well-crafted questions and present ideas in a clear and compelling manner, good listener who engenders creative thinking and teamwork.
  • An ability to develop and articulate sound proposals to key stakeholders, and an ability to influence and drive timely decision making.
  • Proven ability to cultivate relationships and collaborate with multiple stakeholders and constituencies, including business leaders, legal, audit and multiple U.S. and non-U.S. regulators.
  • Proven experience establishing a large-scale vision, developing the strategy to support the vision, gaining consensus across key functional leadership areas through effective communication and successful delivery against goals and objectives.
  • Experience driving large-scale organizational change.
  • Ethical integrity and proven ability to serve as a role model by reinforcing and demonstrating to your employees the core values and behavioral expectations contained in Wells Fargo’s Vision, Values & Goals.
  • Advanced Degree preferred (Masters, MBA, or JD).
  • Experience in Audit, Compliance, Risk and Testing.

Posting Locations:

  • 401 S. Tryon Street - Charlotte, North Carolina
  • 800 S. Jordan Creek Pkwy - West Des Moines, Iowa
  • 600 S. 4th St - Minneapolis, Minnesota
  • 114 N. Beaumont Street - Saint Louis, Missouri
  • 1150 W. Washington - Tempe, Arizona

Job Expectations:

  • Ability to work at one of the approved locations in the job posting.
  • This position currently offers a hybrid work schedule.

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.

$173,300.00 - $359,900.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

  • 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

Posting End Date:

8 Oct 2024

*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.

PDN-9d2b057e-f3f2-487a-80c4-86c3ef650c47
Job Information
Job Category:
Finance
Spotlight Employer
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Principal Independent Testing Officer
Wells Fargo
MINNEAPOLIS, MN
Oct 4, 2024
fulltime
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