Operational Risk Consultant 4 - Tester

Wells Fargo - Minneapolis, MN


Job Description
At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll 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. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk. The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.

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.

The Enterprise Functions T&V team is seeking candidates who will be responsible for performing risk-based control testing to assure compliance with major policy requirements applicable to Enterprise Data Management. These responsibilities will include risk-based control testing in accordance with the Operational Risk and Compliance Testing and Validation Standards and Procedures and will include usage of the Wells Fargo SHRP system.

This position reports directly to: Data Management Testing Lead

Other key responsibilities include (but are not limited to):
Lead, plan and perform control testing within required timeframes and in accordance with established processes and procedures including the Operational Risk and Compliance Testing and Validation Standards
Communicate major policy requirements testing process, status, and results to business and risk partners
May lead larger more complex reviews than those led by less experienced specialists/consultants
Design test scripts and identify accurate and complete populations for testing
Evaluate and rate control design and performance
Provide credible challenge and recommendations resulting from testing engagements to risk and business partners
Consult with business to effectively manage change in ensuring adequate corrective actions are in place to ensure policy compliance
Conduct quality reviews or peer reviews of review activity reports, workpapers and supporting documents, and system data
May directly manage 1-2 specialists/consultants

Required Qualifications

6+ 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 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both

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 interact with all levels of an organization

Other Desired Qualifications
Experience in Compliance or Operational Risk Management in Financial Services Industry
Experience planning and performing operational risk or compliance testing
Experience in Audit, Compliance, Risk, and Testing
Critical Thinking and Analytical skills
Experience with the risk reporting tools to include, but not limited to: SHRP, SHRP Reporting, etc.
Experience reviewing testing strategies and methodologies
Experience in Data Management Risk, Data Governance or Technology Risk


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.