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Vice President -Audit, Control Testing

Employer
WELLS FARGO BANK
Location
Hyderabad HYDERABAD, Telangana Telangana, Telangana, India
Salary
Competitive Salary
Closing date
May 23, 2024

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Job Role
Auditor
Sector
Finance
Contract Type
Permanent
Hours
Full Time
About this role:

Wells Fargo is seeking an Independent Testing Manager to lead a team of professionals for Controls Testing as a part of the 2nd Line of Defense, Independent Testing and Validation team

In this role, you will:
  • Manages a team of Associate Managers, Officers and/or Sr Associates or cross-functional teams in accomplishing goals and priorities
  • Lead moderate to high risk or complex review activity engagements. Performs moderate to high-risk quality reviews.
  • 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
  • Assesses, documents, and communicates risks, themes and identified issues, arising out of Technology reviews, to leadership and risk partners in a timely manner. Provides status updates to key stakeholders on programs and specific reviews where warranted.
  • 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, regulatory bodies and stakeholders to resolve risk related topics
  • Lead project teams and mentor individuals
Desired Qualifications:
  • 15+ years of Overall experience with 10+ years relevant experience in risk-based testing and risk management (includes control testing, compliance, operational risk, internal audit, business process management)
  • 8+ years of people management experience with strong people management skills
  • Post Graduate degree in Business, CA or related discipline
Job Expectations:
  • Manages a team of Associate Managers, Officers and/or Sr Associates or cross-functional teams in accomplishing goals and priorities
  • Lead moderate to high risk or complex review activity engagements. Performs moderate to high-risk quality reviews.
  • 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
  • Assesses, documents, and communicates risks, themes and identified issues, arising out of Technology reviews, to leadership and risk partners in a timely manner. Provides status updates to key stakeholders on programs and specific reviews where warranted.
  • 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, regulatory bodies and stakeholders to resolve risk related topics
  • Lead project teams and mentor individuals
Posting End Date:
23 May 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.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

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

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

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