Regulatory Reporting Lead Independent Testing

2 weeks ago


Central Singapore WELLS FARGO BANK Full time

About this role:

In this role, you will:

  • Leading execution of moderate to high risk or complex testing activities/engagements in a matrixed environment, and communicates emerging risks to management
  • Timely completion of testing engagements in accordance with annual test plan
  • Leading and supporting efforts to credibly challenge risks in the endtoend regulatory reporting processes and effectively evaluate controls to mitigate those risks
  • Partnering with business partners to understand the environment and related initiatives to develop appropriate and complementary testing procedures
  • Documenting test results and issues identified while also providing and communicating recommendations to management
  • Reviewing and interpreting new and revised corporate and IT&V policies and procedures and assess impacts
  • Developing clear and concise reporting to be shared with IT&V management and Front Line Units
  • Building relationships and collaborating with key stakeholders in the applicable line of business, other second and third line functions, and IT&V functions
  • Identifying and implementing efficiencies and process improvements, including automation opportunities pertaining to metrics and reporting

Required Qualifications:

  • 5+ years of relevant experience in regulatory reporting and risk management
  • With direct experience in regulatory reporting and testing

Desired Qualifications:

  • Knowledge and understanding of financial services industry: compliance, risk management, or audit operations
  • Big four public accounting experience
  • Certified Public Accountant (CPA) designation
  • Knowledge and understanding of regulatory compliance requirements surrounding SOX Sarbanes-Oxley Act
  • Specialized knowledge or prior regulatory compliance testing or review experience
  • Experience reviewing testing strategies and methodologies; evaluating the adequacy and effectiveness of policies, procedures, processes, initiatives, products and internal controls; and identifying issues resulting from internal and/or external compliance examinations
  • Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint)
  • Ability to present results of analyses and recommendations to senior leaders or executives

We Value Diversity


Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company.

They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions.

There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.



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