Financial Crimes Testing & Validation - Independent Testing Executive

$207,900 - $431,900/Yr

Wells Fargo - Irving, TX

Full-time - Senior

Irving, TX

10,001+ employees

Credit Intermediation and Related Activities

About the position

Wells Fargo is seeking a Financial Crimes Testing & Validation Independent Testing Executive as part of its Corporate Risk team. This role is crucial in overseeing the independent testing and validation of financial crimes risk management activities, ensuring compliance with regulatory requirements and internal policies. The executive will lead a team responsible for developing methodologies and standards for testing, validating, and documenting review activities related to financial crimes, while fostering collaboration with key business partners.

Responsibilities

• Manage a team that includes multiple levels of managers to accomplish overall strategic priorities.
• 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.
• Provide strategic leadership and manage execution of significant elements of companywide testing programs.
• Serve as primary representative for Independent Testing and foster key relationships with corporate, business heads, Legal, Audit sub-committees, and executive leadership forums.
• Independently challenge testing related business management decisions, processes, and activities.
• Oversee programs or initiatives related to a line of business or an Enterprise strategy with considerable impact across the Enterprise and externally.
• Own oversight of line of business or regional programs to ensure effective, efficient, and accurate testing and validation.
• Serve as primary contact for corporate, business heads, Legal, Audit, regulators, industry partners, elected officials, and trade groups on risk-related topics.
• Manage an entire program or series of initiatives related to a business or an Enterprise strategy with significant impact across the Enterprise and externally.
• Manage allocation of people and financial resources for Independent Testing.
• Develop and guide a culture of talent development to meet business objectives and strategy.

Requirements

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

Nice-to-haves

• 7+ years of leadership experience.
• 6+ years of IT&V leadership experience.
• Proven track record of building, transforming, and maintaining high performing organizations.
• Expertise with testing methodologies, quality assurance processes, and financial services line of defense model.
• Graduate Degree in Financial Services, Business Management, Accounting, or related field.
• Extensive experience in data/metric driven management techniques involving goal setting, goal measurement, and goal delivery.
• Experience leveraging data (structured and unstructured) and automation to improve speed, quality, and efficiency.
• Financial Crimes centric certification(s) such as CAMS, CFCS, and/or CFCI.
• Demonstrated expertise in key financial crimes areas including but not limited to Know Your Customer (KYC), Customer Identification Program (CIP), Customer Due Diligence (CDD), sanction screening, non-financial regulatory reporting for financial crimes, and Suspicious Activity Reporting (SAR).
• Deep understanding and hands-on experience with resource capacity management topics and tools.
• Ability to think strategically, identify business challenges, and proactively develop innovative solutions to address them.
• Strong interpersonal skills with the ability to effectively communicate complex ideas, collaborate across departments, and build consensus among stakeholders.

Benefits

• Caregiver leave
• Commuter assistance
• Dependent care reimbursement
• Disability insurance
• Health insurance
• Life insurance
• Paid time off
• 401(k) Plan
• Critical caregiving leave
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement