Thread regarding Wells Fargo & Co. layoffs

Good luck to all control owners in 2023

IT&V is a cluster mess. If you needed someone to defend you in court…would you hire an auditor? Wells decided they needed someone to lead their second line testing and hired…a lawyer? Patrick knows little to nothing about risk control or testing and it shows.

IT&V had an organized plan to complete rcsa testing and the lawyer is making a complete 180 less than two months into it. Get ready for a lot of repetitive requests and meetings from IT&V. Best case and I mean best case scenario is another pause. It&v spent 6 months circle jerking during the pause I guess

by Anonymous
| 2634 views | | 11 replies (last January 2, 2023) | Reply
Post ID: @OP+1kobEhzt
Comment! It's anonymous!

11 replies (most recent on top)

Who ever posted this has zero knowledge of ITVs commitments or what is happening outside of ITV that causes the mess.

Please go be negative elsewhere.

We don’t need you.

by Anonymous
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Post ID: @6qtj+1kobEhzt

IT & V is just another cog in this broken wheel. The thing is not moving. Why blame IT & V?

by Fourth like if defensive offense
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Post ID: @3ebz+1kobEhzt

Be the change you would like to see then.

by Anonymous
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Post ID: @rja+1kobEhzt

IT&V is completely useless - if controls worked then why do we keep getting fined. Auditors have no clue how to DO they just check boxes

by Anonymous
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Post ID: @sej+1kobEhzt

Sounds like classic Wells. Hire someone totally unqualified and expect success. Fools.

by Anonymous
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Post ID: @xkw+1kobEhzt

Who's the Pivot Man in the CJ?!

by Anonymous
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Post ID: @mxt+1kobEhzt

Yup, it's time once again for some of us to re-write our control steps based on the latest-and-greatest "lightbulb moment" from our friends over at Risk...never mind that we haven't received ANY feedback on the last two updates that we submitted...

by Anonymous
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Post ID: @tzx+1kobEhzt

PD is more interested in having support teams within IT&V that only do forecasting and resources management nonsense than actually executing testing and validation activities.

by Anonymous
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Post ID: @ssr+1kobEhzt

Everyone likes a good circle jerk. Risk changes the plan like most change their underwear. Don't worry, in a few months RCSA will be done differently so you'll redo all your controls again.

by Anonymous
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Post ID: @eoy+1kobEhzt

The good people stay a year then leave. The longer you stay the more it taints your career.

by Anonymous
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Post ID: @ezb+1kobEhzt

IT&V is a laughing stock. Every group jokes about how useless and time consuming every interaction with them is, with the added bonus of getting no ROI from their inquisitions.

Their nonsense is routine at this point. “Everyone drop what you’re doing, IT&V is back to do more of their pretend work” throw them away they add ZERO value

by Anonymous
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Post ID: @www+1kobEhzt

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