About Enterprise Global Services
Enterprise Global Services (EGS) enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services and Knowledge Services.
EGS operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about EGS at our International Careers website.
The Enterprise Testing team is responsible for the development and design of methodologies and standards for review activities across the Enterprise in alignment with the Risk Management Framework, and ensuring effective and appropriate testing, validation, and documentation of review activities for risk programs, risks, and controls according to standards and other applicable policies.
Executes review activities in an effective manner and communicate potential emerging risks appropriately. May serve in either a control script execution and / or review lead capacity, participating in review activity engagements in a matrixed environment, and communicating emerging risks to management.
Completes review activities on schedule. Raises schedule delays to the review activity lead. Escalates any potential issues discovered during the completion of review activities to a review lead, and follows through on reporting, escalation, and resolution.
Completes all documentation under supervision and appropriately retains all work papers, (testing schedule, templates, work-papers, deferrals, deviations, etc.
Supports and implements initiatives with low to moderate risk. Internal interaction with team to support risk oversight and monitoring.
Limited to no external interaction. Works independently; does not manage other team members.
About the Role
Works with assigned business units to provide internal control and compliance risk expertise and consulting for projects and initiatives with moderate to high risk to identify, assess and mitigate regulatory risk in business activities as well as developing corrective action plans for deficiencies.
Report findings and draft recommendations to compliance risk and business line management. Coordinate / leverage certain responsibilities and best practices with other brokerage departments (i.
e. Internal Controls, Compliance Risk) as well as other Wholesale Banking compliance programs (i.e. Wealth, Retirement, etc.
Produce periodic compliance performance reports (i.e. CAR Reports) for senior management.
Responsible for performing risk-based compliance control testing to assure compliance with regulatory requirements and corporate policies applicable to Wholesale Banking & Lending business.
These responsibilities will include the support and / or testing for compliance of the Operational Risk and Compliance Testing and Validation Standards and Regulatory Compliance Risk Management Policy and Procedures and will include usage of the Wells Fargo SHRP system
Market Skills and Certifications
Key Responsibilities :
analyzes business and / or systems changes to determine impact; identifies and assesses compliance & operational risk issues and assigns risk ratings consistent with established policy standards
may design / coordinate the development of training materials and delivers training
May assist testing project teams and provide guidance to less experience specialists / consultants
ORM, CIA, CRCM, CRM and / or other relevant certifications would be an added advantage
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law.
We comply with all applicable laws in every jurisdiction in which we operate.