Independent Testing Specialist - Risk and Control Testing

Job Location - Chennai/Hyderabad

Hybrid Work Model - 3 days from office on a given week

Shift timing - 1:30 PM to 10:30 PM

About this role:

Wells Fargo is seeking an Independent Testing Specialist

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:

• 4 years of Independent Testing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Control testing or other related experience gained within an internal audit or other relevant risk function
• Degree educated desirable
• Interpersonal communication (written and presentation) skills are essential
• Organizational, prioritization and time-management skills
• Track record of working collaboratively across multiple business lines is required
• Flexibility / Initiative ability to manage multiple requests for information and handle confidential and sensitive information in a professional manner in a fast-paced deadline driven environment
• Analytical with experience in collecting and analyzing information on various subjects
• Microsoft Excel, Access, Word, PowerPoint, and other reporting tools
• Experience in Audit, Compliance, Risk and Testing
• Critical Thinking and Analytical skills

Job Expectations:

• Be a Risk Manager for the firm; demonstrating good knowledge and understanding of the Risk taxonomies and how IT&V form an integral part of the firms Risk program
• Execute group-specific control testing in accordance with T&V methodology and standards, including assessments of design and operating effectiveness
• Participate in less complex development and design of methodologies and standards for review activities companywide in alignment with the risk management framework
• Participate as a tester on reviews of varied complexity and regulatory risk exposure
• Evaluate the adequacy and effectiveness of policies, procedures, initiatives, and internal controls
• Thoroughly document test work and reports
• Identify issues and communicate/consult with various levels of management to ensure corrective actions address root cause and meet corporate sustainability requirement
• Maintain authoritative knowledge and full understanding of laws and regulations, regulatory guidance, policy and procedure concerning all compliance functions reviewed
• Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in risk management framework and the risk and control environment
• Testing practices will include: operational control testing, and corrective action validations
• Collaborate and consult with colleagues, internal partners and management