About this role:
Wells Fargo is seeking an Audit Director (AD) to lead Internal Audit's program of coverage of Credit Risk Management. This position is an integral part of the Corporate Risk Audit leadership team and serves as a leader and subject matter specialist covering commercial and consumer credit risk management activities. Specifically, this leader will lead a high performing team of approximately 25 team members. Experience navigating matrixed organizations, interfacing with regulatory agencies and building an effective audit approach to evaluate information and risk in this ever-changing risk environment is important. The candidate should have a demonstrated ability to influence management, build strong trusted relationships and drive change designed to mitigate risk.
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In this role, you will:
- Manage multiple teams responsible for covering defined segments of the Audit Plan
- Own all aspects of the Credit Risk Management Audit program. This includes, but is not limited to:
- Defining the audit strategy
- Developing and risk assessing the audit universe
- Developing and executing the audit plan
- Performing business monitoring
- Validating issue closure
- Developing and maintaining excellent relationships with internal (business and audit partners) and external (regulators and external auditors) stakeholders
- Ensure that the audit plan and engagements are risk-based and are executed according to Internal Audit policies and guidance
- Build and maintain proficient leadership teams
- Manage allocation of people and financial resources for Internal Audit
- Develop and guide a culture of talent development to meet business objectives and strategy
Required Qualifications:
- 8+ years of Audit, Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 4+ years of management experience
Desired Qualifications:
- Substantial experience leading audit, risk, or regulator teams focused on commercial and consumer credit risk management related activities within large banking institutions
- Prior Audit Leadership experience at a large, complex Financial Services firm
- Experience working directly with Regulators (OCC, FRB, CFPB)
- Bachelor of Science or Bachelor of Arts degree
- Demonstrated ability to influence and collaborate with key stakeholders across senior levels in an organization
- Certification in one or more of the following: CIA, CPA, CISA
- Ability to travel up to 20%
- This position does not offer VISA sponsorship
- Hybrid work schedule - must be able to work in the locations listed
Reflected 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.
$173,300.00 - $359,900.00
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
28 Nov 2024
* Job posting may come down early due to volume of applicants.
We Value Diversity
At 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 Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells 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.