WestDesMoinesRecruiter
the smart solution for West Des Moines jobs

Compliance Manager 4 - Leader of Auto Testing

Company: Wells Fargo
Location: West Des Moines
Posted on: February 6, 2019

Job Description:

Compliance Manager 4 - Leader of Auto Testing 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. 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 company s 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 & Validation group is responsible for establishing and maintaining a consolidated Enterprise Testing program at the corporate level. Enterprise Testing & Validation for Consumer and Business Products oversees operational and compliance risk control testing and validation activities for the following lines of business: Auto, Cards & Retail Services, Consumer Collections and Servicing, Customer Segments (Personal Lines and Loans, Education Financial Services, Small Business Lending and Payroll), Treasury Management, Merchant Services and Payment Solutions. This leader will be accountable for developing and executing all aspects of independent operational and compliance risk control testing for the Auto line of business, which includes the following segments: 1) Direct, 2) Indirect and 3) Commercial. Strong business acumen and experience with the Auto business will be a determining factor in selection. The successful candidate will be an articulate, thought leader and possess demonstrated leadership capability; they will be impressive in their interpersonal effectiveness, with regard to their accomplishments, and with a proven ability to engage and influence executive management, senior leaders, and business and risk teams. Lead a team responsible for planning and executing compliance and operational risk control testing. Accountable for conducting end-to-end business process walkthroughs, identifying risks and primary and compensating operational and compliance controls, evaluating control design, and testing the effectiveness of manual and automated controls. Accountable for assessing the universe of Risk Assessable Units (RAUs) in the business and providing effective challenge to business and risk and compliance partners when risks, Major Requirements (MRs), and operational controls are missing, inadequate, or ineffective. Develop the team s review and validation 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, regulatory expectations, 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 laws and regulations, regulatory guidance, and policies and procedures of the functions 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. Partner with other Products teams to drive synergies across the broader team. 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 and work with the validation team to understand and assess residual risks. 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. Other locations within Wells Fargo s footprint may be considered for this position.Required Qualifications10+ 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 10+ years of IT systems security, business process management or financial services industry experience, of which 5+ years must include direct experience in compliance, operational risk management, or a combination of both5+ years of management experience Desired QualificationsAdvanced Microsoft Office skillsExcellent verbal, written, and interpersonal communication skillsStrong analytical skills with high attention to detail and accuracyAbility to articulate complex concepts in a clear mannerCertified Internal Auditor (CIA)An active Certified Regulatory Compliance Manager (CRCM) designationAn active Certified Public Accountant (CPA) designationAdvanced Microsoft Office (Word, Excel, Outlook, PowerPoint, and Access) skillsAdvanced Microsoft Visio skillsExcellent verbal, written, and interpersonal communication skillsStrong analytical skills with high attention to detail and accuracyAbility to articulate complex concepts in a clear mannerVirtual leadership experience with ability to effectively drive results, provide feedback/direction, and manage and build relationships with leaders and team members in a geographically dispersed team environmentExperience driving and leading organizational change in a dynamic environment Other Desired Qualifications At least 10 years in Audit, Risk and/or Compliance testing operational and compliance controlsDisclaimerAll 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, attorney corporate, business, company, compliance department, corporate attorney, court, courtroom, internal, llp

Keywords: Wells Fargo, West Des Moines , Compliance Manager 4 - Leader of Auto Testing, Accounting, Auditing , West Des Moines, Iowa

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Accounting, Auditing Jobs


Financial Advisor
Description: Prepare yourself for a brand new career - one where your success is completely in your hands. Edward Jones is a privately owned financial-services leader with nearly 14,000 Financial Advisors in the United (more...)
Company: Edward Jones
Location: Ames
Posted on: 02/19/2019

Trader II
Description: Trader II Location Des Moines, IA Department 18 Treasury Apply Now Trader II Under the direction of the Treasurer or other Traders, will execute daily borrowing, investing or hedging activities. Enhance (more...)
Company: Fhlb Des Moines
Location: Des Moines
Posted on: 02/19/2019

Accountant
Description: Hello We have this immediate need with our client. Job Title: AccountantLocation: West Des Moines, IA 50266 Westown Pkwy. Accounting Operations What will the consultant be responsible for (more...)
Company: Metasys Technologies, Inc.
Location: West Des Moines
Posted on: 02/19/2019


College Graduates - Entry Level - Assurance/Audit Associate
Description: CohnReznick currently has exciting career opportunities with our Assurance teams. We are looking for Assurance Entry Level Associates to join our Baltimore office starting full-time in September, 2019. (more...)
Company: CohnReznick
Location: Waterloo
Posted on: 02/22/2019

Tax Services Senior - Global Compliance & Reporting - Des Moines
Description: Tax Services Senior - Global Compliance Reporting - Des Moines Tax Requisition DES000AJ Post Date Oct 15, 2018 . Business is constantly evolving, and more than ever, staying at the forefront is all (more...)
Company: EY
Location: Des Moines
Posted on: 02/22/2019

Wealth Financial Advisor- Wealth Management Group
Description: At Bank of the West, our people are having a positive impact on the world. We're investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing (more...)
Company: Bank of the West
Location: West Des Moines
Posted on: 02/22/2019

Accountant
Description: Affinity Credit Union, a 112 credit union located in Des Moines, Iowa is seeking an experienced accountant to join their team. The accountant will support the financial management and operations of the (more...)
Company: Affinity Credit Union
Location: Des Moines
Posted on: 02/21/2019

Workday Financial Analyst
Description: The ERP Analyst 3 EA3 documents, reviews and analyzes the programming systems including encoding, testing, and debugging to support an organization's Resource Planning ERP applications. Primary responsibility (more...)
Company: TeamSoft Des Moines
Location: Ames
Posted on: 02/21/2019

Operational Risk Consultant 4 Data Encryption
Description: Job DescriptionAbout Wells Fargo and Company br br Wells Fargo Company is a diversified financial services company providing banking, insurance, investments, mortgage, and consumer and commercial (more...)
Company: Wells Fargo
Location: West Des Moines
Posted on: 02/19/2019

Finance & Accounting Sr Analyst WIM Compensation Audit & Controls
Description: Finance Accounting Sr Analyst WIM Compensation Audit Controls Job Description Enterprise Finance Information Technology offers technology and services that exceed Wells Fargo customers expectations (more...)
Company: Wells Fargo
Location: West Des Moines
Posted on: 02/21/2019

Log In or Create An Account

Get the latest Iowa jobs by following @recnetIA on Twitter!

West Des Moines RSS job feeds