Market Job Description
Reporting to the APAC Regulatory Compliance Testing and Validation (T&V) Lead in Hong Kong, Wells Fargo International T&V has an opening for a Testing and Validation Consultant position responsible for leading and executing Regulatory Compliance testing coverage for Lines of Business (Corporate and Investment Banking, Commercial Banking, Commercial Capital) and shared services operating in the APAC regions to ensure compliance with U.
S. and local laws and regulations as applicable.
Roles and Responsibilities include (but are not limited to) :
Design, develop and execute testing in accordance with the Independent Monitoring, Testing, and Validation Policy and the Enterprise Testing Control Testing and Issue Validation Procedures
Provide credible challenge and, evaluate the adequacy and effectiveness of policies, procedures, processes, and internal controls.
Report findings and provide recommendations to Lines of Business and management (regional and in the U.S.)
Perform issue validation work to provide an independent assessment of the appropriateness, completeness, effectiveness, and sustainability of corrective actions taken to address regulatory compliance issues.
Involve in the compilation of the annual compliance testing plan
Assist in handling T&V Quality Assurance and Wells Fargo Audit Services’ reviews
Work with International business groups and APAC regions and offices to provide compliance and risk expertise.
Market Skills and Certifications
Basic Work Experience
3-5 years of compliance testing or audit experience at global financial institutions / Big4 professional firms
Strong working knowledge of audit / compliance testing principles including sampling methods and
Strong risk and control mindset
Demonstrated understanding of regulatory compliance and / or operational risk
management industry requirements and practices
experience in reviewing work paper and provide supervision to team members on a job basis
Ability to multi-task between multiple and ongoing responsibilities and assignments and meet deliverables in tight timeframes
Strong sense of ownership and responsibility
Strong analytical skills and an ability to apply risk judgement
Excellent verbal and written communication skills
Exhibits flexibility and adaptability
Ability to travel approximately 10%
Drive for success and result
University degree holder in finance, accounting, law or related major
Audit related certification (such as CPA, CIA, or similar)
Working knowledge of International Group and Wells Fargo organizational structure
Understanding of the company's policies and tools
Foreign language skills (Asia language is desirable)
Knowledge of banking products, and U.S. and Asia Pacific regulatory requirements
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.