Tuesday , February 7 2023

Wells Fargo Job Application – SVP Head of Independent Testing and Validation

Website Wells Fargo

Job Description:

Wells Fargo is seeking a SVP, Head of Independent Testing and Validation to support Canada and Latin America Regions and the role is based in Toronto.
Within Wells Fargo Risk, the Independent Testing & Validation (IT&V) group is responsible for establishing and maintaining a consolidated Testing program at the corporate level. IT&V is responsible for developing a common methodology and standards, providing governance and oversight, executing testing; and conducting horizontal reviews. Testing and validation teams are responsible for implementing the Independent Testing methodology and standards, and executing group-specific testing.
Within IT&V and International IT&V, IT&V Americas performs testing of Regulatory Compliance, Financial Crimes, and Operational risks for the Canada and Latin America Regions.

<

Job Responsibilities:

  • Lead initiatives that cross multiple lines of business in scope with significant impact or risk
  • Identify and provide oversight and escalation of existing and emerging risk issues and common themes across business groups
  • Build relationships with corporate, business heads, Legal, Audit, regulators and industry partners on risk related topics
  • Provide status updates to key stakeholders on programs and specific reviews where warranted
  • 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
  • Provide credible challenge to lines of business, across risk programs and the enterprise
  • Develop, maintain and execute the Annual Plan
  • Lead high priority, high risk, or high complexity review activity engagements
  • Provide transparency and accuracy to regulators, Audit, other internal risk and line of business stakeholders
  • Perform high risk quality reviews
  • Identify repeat issues and ensure documented appropriately
  • Report to the Head of International T&V
  • Manage a team of managers, compliance and operational risk T&V professionals to accomplish department goals and priorities
  • Triage critical or high risk issues and determine next steps
  • Establish benchmarks for timely tracking and completion

Job Requirements:

  • Specific experience related to operational risk and regulatory compliance testing and/or audit experience
  • Experience cultivating relationships and collaborating with multiple stakeholders, including business leaders, legal, audit and regulators.
  • Ability to articulate complex concepts in a clear manner
  • Working knowledge of local regulatory requirements including financial crimes regulations
  • 10+ years of experience in Independent Testing, Audit, Compliance, Operational risk management (includes the management of a process or business with accountability for compliance or operational risk), or 10+ years of independent testing , business process management or financial services industry experience, of which 5+ years must include direct experience in independent testing, compliance, operational risk management
  • 5+ years of management experience
  • Proven ability to operate in a complex and matrixed environment
  • Ability to multi-task and meet deadlines despite competing priorities
  • Excellent verbal, written, and interpersonal communication skills
  • Significant regulatory compliance, financial crimes, and/or operational risk understanding and expertise within Canada and Latin America
  • Strong analytical skills with high attention to detail and accuracy
  • Experience leading testing and validation teams
  • Strong leadership, relationship building, and collaboration skills and ability to operate in a team-oriented culture
  • Demonstrated ability to work independently, self-starter, and highly motivated to work in a fast paced and changing environment

Job Details:

Company: Wells Fargo

Vacancy Type: Full Time

Job Location: Toronto, ON, CA

Application Deadline: N/A

Apply Here

vacancyoptions.xyz