About this role:

This role is in the Regulatory Reporting Incremental Compliance (RRIC) team within Independent Testing & Validation. RRIC is a centralized team, operates as a second line of defense over the regulatory and risk report production processes subject to BCBS 239 requirements. The team is an integral part of the Company’s control environment and provides credible challenge to relevant participants in the reporting processes. RRIC has enterprise-wide exposure to lines of business, regulatory and risk reporting stakeholders as well as the external financial reporting and regulatory reporting infrastructures and frequently coordinates with internal audit.

In this role, you will:

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 Qualifications:

Knowledge and understanding of financial services industry: compliance, risk management, or audit operations
A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting
Big four public accounting experience
A Master of Business Administration (MBA) or a Certified Public Accountant (CPA) designation
Knowledge and understanding of regulatory reporting e.g. Federal Reserve, Financial Conduct Authority, OCC, SEC etc.
Knowledge and understanding of regulatory compliance requirements surrounding SOX Sarbanes-Oxley Act
Ability to take on a high level of responsibility, initiative, and accountability
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
Specialized knowledge or prior regulatory compliance 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 creating, executing, and documenting compliance, control, and business process testing
Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint)
Experience supporting Regulatory Exams (Domestic and Int’l), Audits, or other regulatory reporting related assessments
Strong critical thinking skills with ability to credibly challenge status quo
Strong organization and prioritization skills
Strong relationship management skills; ability to negotiate difficult positions without harming relationships

Job Expectations:

Experience in Independent Testing, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

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.

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.

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.