About this role:Wells Fargo is seeking a Senior Audit Manager on the Commercial Banking and Corporate & Investment Banking Audit team to provide coverage of Monitoring and Validation for both CB/CIB. The Issue Monitoring and Validation SAM will have responsibility for issue monitoring and validation activities across the Commercial Banking and Corporate & Investment Banking (CB/CIB) portfolio. In addition, this SAM will supervise audits as needed to support other CB/CIB portfolios. Learn more about our career areas and lines of business at wellsfargojobs.com
In this role, you will:- Manage a team of audit staff responsible for a defined segment of the Audit Plan
- Be responsible for resource management and assisting broader team in overall audit plan completion
- Assess associated risks and controls and complete engagements within their segment of the audit plan
- Plan and organize work in an annual cycle, not just project cycle
- Ensure audit engagements are risk-based, and executed according to Internal Audit policies and guidance
- Build and maintain a proficient team of auditors
- Provide timely feedback, coaching and monitoring of development plans
- Develop and maintain excellent business relationships with leadership and other stakeholders, such as regulatory agencies
- Manage allocation of people and financial resources for Audit
- Develop and guide a culture of talent development to meet business objectives and strategy
Required Qualifications, US:- 6+ years of Audit, Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 3+ years of management experience
Desired Qualifications:- A BS/BA degree or higher
- Solid knowledge and understanding of audit or risk methodologies and supporting tools
- Strong understanding of financial regulatory environment
- Certification in one or more of the following: CPA, CAMS, CRCM, CIA, CISA or Commissioned Bank Examiner designation
- Experience at a financial institution or accounting firm
- Experience leading and providing feedback to staff on audit projects or engagements
- Experience with Issue Validation and Remediation
- Excellent verbal, written, and interpersonal communication skills
- Experience with Commercial Banking and Corporate and Investment Banking products and operations. Knowledge of front, middle, and back-office activities
- Experience coordinating audit coverage across Operating Committee Group teams.
Job Expectations:- Ability to travel up to 25%
- This position is not eligible for Visa sponsorship
Pay RangeReflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$144,400.00 - $300,000.00
Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Posting End Date:14 Dec 2024
* Job posting may come down early due to volume of applicants. We Value DiversityAt Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.