• Wells Fargo
  • $137,200.00 -137,200.00/year*
  • Charlotte, NC
  • Legal
  • Full-Time
  • 4223 David Cox Rd

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Job Description
At Wells Fargo, we want to satisfy our customers financial needs and help them succeed financially. Were looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where youll feel valued and inspired to contribute your unique skills and experience.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Corporate Risk helps all Wells Fargo businesses identify and manage risk. We focus on three key risk areas: credit risk, operational risk and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take appropriate action when business activities exceed the risk tolerance of the company.
Wells Fargo Compliance is the companys compliance second line of defense function, providing company-wide leadership, standards, support, and independent oversight to ensure that all business groups abide by applicable laws, rules, regulations and regulatory guidance (regulatory requirements), meet compliance responsibilities, and manage compliance risks. Wells Fargo Compliance credibly challenges management decisions, business processes and activities, and evaluates and assesses adherence to applicable regulatory requirements. It provides appropriate analysis, reporting, and escalation to senior management and the Board of Directors, sets minimum standards for the company, and gives advice, guidance, and support for compliance risk management activities across the enterprise.
Within Wells Fargo Compliance, the Enterprise Testing group is responsible for establishing and maintaining a consolidated Enterprise Testing program at the corporate level. Enterprise Testing 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 Enterprise Testing methodology and standards, and executing group-specific testing.
Within Enterprise Testing for Wholesale, the Corporate & Investment Banking team is seeking a testing manager to support regulatory compliance testing and validation activities of the Corporate Banking and Financial Institutions groups. Reporting to a Senior Testing Manager, he/she will be responsible for providing independent assurance on the design and operating effectiveness of business controls in accordance with Enterprise standards including development and maintenance of strong relationships across Enterprise Risk, lines of business, and Wells Fargo Audit Services (WFAS), as well as regulators; specifically,
Lead a team that plans and executes control testing for regulatory compliance. Accountable for conducting end-to-end business process walkthroughs, identifying risks and primary/key controls, evaluating control design, and testing the effectiveness of manual and automated controls.
Manage the teams engagements to planned dates, resources, and hours. Anticipate changes in the internal and external environment and adapt the testing program of the team accordingly.
Management responsibilities include sourcing and hiring talented team members, providing ongoing performance feedback and coaching, recognizing and developing team members with stretch assignments, and completing daily management tasks.
Supervise the testing teams throughout the life cycle of the review activities to provide ongoing guidance on scope, sampling, testing approach, issues, work papers, quality reviews, etc.
Develop relationships with the business and implement an effective engagement model for the team and business. Partner with legal, compliance, and business partners to stay tuned with ongoing business process changes, customer feedback, etc.
Improve bench strength of the team. Develop subject matter expertise within the team of all the major products, services, and processes in the line of business and develop a thorough understanding of the processes reviewed.
Elevate the teams quality of work performed. Review quality assurance feedback and take appropriate actions to address areas requiring attention.
Identify continuous improvement opportunities, and implement routines to drive effectiveness and efficiency.
Influence line of business and control executive teams to resolve issues, develop sound corrective actions, and strengthen internal controls.
Stay abreast of managements plans to address corrective actions.
Write reports that clearly articulate work performed and summarize testing results to business leadership, executive management, and the board.
As needed, present work performed to audit, regulators, and other business partners.
As a Team Member Manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:
Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.
Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.
Required Qualifications
8+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 8+ years of IT systems security, business process management or financial services industry experience, of which 4+ years must include direct experience in compliance, operational risk management, or a combination of both
3+ years of management experience
Desired Qualifications
Advanced Microsoft Office skills
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy
Ability to articulate complex concepts in a clear manner
Other Desired Qualifications
10+ years direct experience in internal auditing, testing, and/or a quality assurance function in compliance or operational risk management
3+ years of management experience including virtual leadership experience
Regulatory compliance experience and knowledge/understanding of compliance and operational risk management in the financial services industry
Proven ability to discern risk and influence risk management practices, formulate and implement effective strategies, and centrally manage risks in collaboration with lines of business/groups and support functions
Proven experience in building effective partnerships with multiple stakeholders at all levels within an organization
Demonstrated ability to work independently in a fast paced, changing, and virtual environment; prioritize work and guide team in prioritizing work to meet deadlines and achieve goals under pressure in a dynamic and complex environment
Demonstrated success in leading effective organizations, including attracting, mentoring, retaining and promoting talented and productive staff
Current or previous experience in Wells Fargos first, second, or third lines of defense leading risk assessment, quality assurance, testing and validation, or remediation activities and overseeing projects/work flows across a national business within a matrix environment
Experience in multiple areas of operational risk management, including regulatory compliance and financial crimes risk and risks related to the consumer protection and general banking regulations of the OCC, FRB, CFPB and other federal, state and local regulations and laws
A BS/BA degree or higher
Salary Information
The salary range displayed below is based on a Full-time 40 hour a week schedule.
NC-Charlotte: Min: $106,400 Mid: $152,000
CA-SF-Financial District: Min: $127,700 Mid: $182,400
SC-Fort Mill: Min: $106,400 Mid: $152,000
NJ-Summit: Min: $127,700 Mid: $182,400
AZ-PHX-Central Phoenix: Min: $106,400 Mid: $152,000
CO-Denver: Min: $106,400 Mid: $152,000
MN-Minneapolis: Min: $106,400 Mid: $152,000
Street Address
NC-Charlotte: 301 S Tryon St - Charlotte, NC
CA-SF-Financial District: 333 Market St - San Francisco, CA
SC-Fort Mill: 3480 State View Blvd - Fort Mill, SC
NJ-Summit: 190 River Rd - Summit, NJ
AZ-PHX-Central Phoenix: 100 W Washington St - Phoenix, AZ
CO-Denver: 1740 Broadway - Denver, CO
MN-Minneapolis: 550 South 4th St - Minneapolis, MN
Disclaimer
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
Associated topics: attorney corporate, company, compliance department, courtroom, internal, lawyer, legal, legal affairs, legal department, llp

* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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