Compliance Manager 3 - Enterprise Testing/3rd Party Testing

Wells Fargo | Sioux Falls, SD

Posted Date 12/04/2019
Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message.  In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

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.

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 Consumer Banking (CB) and Payments, Virtual Solutions and Innovation (PVSI) Enterprise Testing & Validation Team, under Enterprise Testing, is seeking a Compliance Manager 3 to develop and execute a 3rd Party regulatory compliance testing plan, focused on regulatory compliance risk that 3rd party’s own on behalf of Wells Fargo. This leader will manage a team responsible for executing all aspects of the Enterprise Testing methodology including: Plan and Prepare, Execute, Identify Issues and Corrective Actions, and Report and Escalate Results.

Specific Job Responsibilities include:

  • Lead a team that plans and executes 3rd Party regulatory compliance testing. 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.
  • Develop the team’s schedule and manage 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 team’s 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 management’s 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
  • Ability to articulate issues, risks, and proposed solutions to various levels of staff and management
  • Ability to take initiative and work independently with minimal supervision in a structured environment
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment


Other Desired Qualifications
  • Strong experience within Consumer Banking and Payments, Virtual Solutions, and Innovation (PVSI) businesses
  • Full cycle/end to end Audit or testing experience that includes managing a test plan
  • Experience with 3rd party control testing with 2nd line of defense or internal audit
  • Experience in evaluating the effectiveness of policies, procedures, processes, initiatives, products and internal controls and identifying issues resulting from internal and/or external compliance examinations.
  • Compliance or Audit related certification or designation such as CIA, CRCM, or CPA
  • Experience compiling and creating reports with findings and recommendations for compliance risk management and applicable businesses.
  • Understand sensitive and confidential information and assert privacy/legal discretion.
  • Experience providing “credible challenge” to business partners when necessary, with the ability to lead through influence.
  • Experience in Audit, Compliance, Risk and Testing
  • Critical Thinking and Analytical skills


Job Expectations
  • Ability to travel up to 15% of the time


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
MN-Minneapolis: Min: $106,400 Mid: $152,000
MO-Saint Louis: Min: $106,400 Mid: $152,000
IA-West Des Moines: Min: $106,400 Mid: $152,000
IA-Des Moines: Min: $106,400 Mid: $152,000
OR-Portland: Min: $106,400 Mid: $152,000
TX-San Antonio: Min: $106,400 Mid: $152,000
TX-DAL-North Dallas: Min: $106,400 Mid: $152,000
SC-Fort Mill: Min: $106,400 Mid: $152,000
PA-Philadelphia: Min: $117,000 Mid: $167,200
SD-Sioux Falls: Min: $95,800 Mid: $136,800



Street Address

NC-Charlotte: 401 S Tryon St - Charlotte, NC
MN-Minneapolis: 600 S 4th St - Minneapolis, MN
MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO
IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA
IA-Des Moines: 800 Walnut St - Des Moines, IA
OR-Portland: 1300 Sw 5th Ave - Portland, OR
TX-San Antonio: 4101 Wiseman Blvd - San Antonio, TX
TX-DAL-North Dallas: 14241 Dallas Parkway - Dallas, TX
SC-Fort Mill: 3480 State View Blvd - Fort Mill, SC
PA-Philadelphia: 101 N Independence Mall E - Philadelphia, PA
SD-Sioux Falls: 4811 N 4th Ave - Sioux Falls, SD



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.

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