Independent Testing Specialist Job In The Wells Fargo Foundation In Hyderabad / Secunderabad, Telangana, India

This role supports Enterprise Testing of the Finance organization This centralized team operates as a second line of defense to key Finance processes and major requirements The team is an integral part of the Company's control environment and provides credible challenge to relevant participants in the reporting processes and has enterprise-wide exposure to lines of business, internal audit and regulatory and risk reporting stakeholdersThe Independent Testing Specialist is accountable for developing and executing high risk or complex testing engagements aligned to key Finance functions, evaluating the adequacy and effectiveness of front-line risk controls and other risk management activities in accordance with the IT&V policy and established processes and procedures, and communicating results to management Strong operational and/or compliance-based testing/auditing experience and financial services business acumen and experience will be determining factors in selection.

The successful candidate will be a team player and a self-starter who is accustomed to working in complex organizations, partnering with a diverse group of stakeholders, and achieving results Candidates with experience supporting internal control frameworks for financial reporting (eg, COSO/SOX), as well as in Finance activities (Financial Planning & Analysis, Cost Allocations, Product Control), Corporate Treasury activities (Capital, Stress Testing, Interest Rate Risk, Liquidity and Funding), as well as SEC and regulatory reporting are encouraged to applyResponsibilities of the Independent Testing Specialist role include, but are not limited to:

• Serving in either a testing execution and/or lead capacity, participating in complex testing engagements in a matrixed environment, and communicating emerging risks to management
• Leading and supporting efforts to effectively challenge risks in the end-to-end reporting processes and evaluate controls designed to mitigate those risks.
  
  
• Partnering with business partners to understand the environment and related initiatives to develop appropriate and complementary testing procedures
• Documenting test results and timely escalation of exceptions identified
• Providing credible challenge to the First Line Units as needed
• Acting as a change agent for continual improvement of the control environment

Required Qualifications

• 2-5 years of relevant experience in risk management (includes external/internal audit, compliance, operational risk, interest rate risk, credit risk, market risk) or 4+ years of financial services industry experience
• 2+ years direct experience in independent testing

Desired Qualifications

• Knowledge and understanding of financial services industry: compliance, risk management, or auditing
• Big four public accounting experience
• Experience with COSO (or Sarbanes-Oxley, SOX) internal control testing
• Strong knowledge of the COSO Framework and Risk & Control Self-Assessment (RCSA) programs
• A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting

• A Master of Business Administration (MBA), Certified Public Accountant (CPA) or equivalent designation
• Foundational understanding of Finance functions and related supervisory expectations for large financial institutions
• Ability to take on a high level of responsibility, initiative, and accountability
• Excellent verbal, written, and interpersonal communication skills.
  
  
• Strong organization and prioritization skills
• 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, with flexibility, collaboration, and adaptability
• 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)

OTHER DESIRED QUALIFICATIONS:

• 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

We Value DiversityAt 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 lawEmployees 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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteranCandidates 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

The Wells Fargo Foundation is looking for .

The Wells Fargo Foundation is looking for Any Graduate / Post Graduate profile candidates.