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Compliance Testing Consultant

Senior (6-10 years)


Technical Skills

  • Accountancy
  • Audit
  • Compliance
  • Internal Control
  • Operational Risk
  • Risk Assessment
  • Risk Management

Job Description

Compliance Testing Consultant

Location: Hong Kong

About Wells Fargo: Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet ( and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Reporting to the Asia Pacific Regulatory Compliance Testing Manager in Hong Kong, the team has an opening for a Compliance Testing Consultant position responsible for leading and executing regulatory compliance and operational risk testing coverage for business lines (Trade Services, FX, Wells Fargo Securities, Global Banking, Global Financial Institution, Commercial Distribution Finance and supporting operations) operating in the APAC regions to ensure compliance with U.S. and local law as applicable.
Key responsibilities may include (but are not limited to):
  • Working with International business groups and APAC regions and offices to provide compliance and risk expertise.
  • Design and develop testing strategies and methodologies in accordance with Operational Risk and Compliance Testing and Validation Standards and Corporate Regulatory Compliance Risk Management Policy and Procedures.
  • Evaluate the adequacy and effectiveness of policies, procedures, processes, and internal controls.
  • Report findings and provide recommendations to business lines and regional management.
  • Perform verification and validation work for closure of issue and corrective actions.
  • Provide compliance expertise in identification of risks, assessing of controls and reporting on effectiveness of controls to ensure compliance with federal, state, and agency, legal, regulatory and policy requirements.


Basic Qualifications
  • 8+ years of compliance testing or audit experience at global financial institutions / Big4 professional firms
  • Minimum Qualifications
  • Strong working knowledge of audit/compliance testing principles including sampling methods
  • Demonstrated understanding of regulatory compliance and/or operational risk management industry requirements and practices
  • Ability to multi-task between multiple and ongoing responsibilities and assignments
  • Strong sense of ownership and responsibility
  • Excellent verbal and written communication skills
  • Ability to meet deliverables in tight timeframes
  • Exhibits flexibility and adaptability
  • Ability to exercise independent judgment and apply prudent risk mitigation principles
  • Ability to travel approximately 10%
 Preferred Qualifications
  • University degree holder in finance, accounting, law or related major
  • Audit related certification (such as CPA, CIA, CISA, CAMS, or similar)
  • Working knowledge of International Group and Wells Fargo organizational structure
  • Demonstrated critical thinking and analytical skills
  • Understanding of the company's policies and tools
  • Foreign language skills (Asia language is desirable)
  • Strong risk assessment skills
  • Knowledge of business lines mentioned, and U.S. and local regulatory requirements
  • Drive for success and result
Team members 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.
Employment TypeFull-time
Career LevelSenior (6-10 years)
Education LevelBachelor
QualificationCertified Information System Auditor (CISA), Certified Public Accountant (HKICPA), Certified Internal Auditor
Wells Fargo BankFinancial Services, Retail and Commercial Banking

23 / F, AIA Financial Center, 1 Connaught Road Central, Central, Hong Kong

directions_walk13 mins walk from Admiralty Station