About this role:
Wells Fargo is seeking an Audit Manager - Executive Director (SSO).
The Audit Manager – Executive Director is individual contributor role that supervises, executes and oversees multiple concurrent projects or audit engagements as directed by senior management and also participates in audits generally as subject matter expert in a consulting capacity. Audit Managers’ demonstrate depth and breadth of knowledge that includes technology, operational, financial, and regulatory understanding across multiple businesses and may develop knowledge in a critical subject matter area.
About Chief Operating Office (COO) Audit:
The Chief Operating Office (COO) Audit team is responsible for delivering a more consistent approach to business operations across Wells Fargo, strengthening the company's risk and control infrastructure, and delivering effective and efficient enterprise services to employees and customers.
COO Audit is responsible for coverage of the Chief Operating Office. Audit coverage is split across sub-teams aligned to the COO organization, which among other things is responsible for coverage for of various shared services operations groups like:
- Shared Services & Operations (SSO) - Shared Services Operations and Strategic Insight & Implementation business functions, including Payments Operations and Transformation, Business & Real Estate Services, Regulatory Utilities, Enterprise Business Process Management and Automation, Global Delivery Enablement, and Operations Change Initiatives. The SSO team is responsible for the oversight of Operations coverage across Audit, as well as Information Management and Transaction Processing & Execution/Payments Level 2 Risks.
- Consumer Operations - CLAT functions including Cards & Personal Lending, Home Lending Servicing, and Auto Operations, as well as CSBBAT functions, including Fraud & Claims Management, ATM Strategy and Vendor Solutions, Retail Core, and Customer Service Operations.
- Wholesale Operations - Wholesale Lending Operations, Corporate & Investment Banking Operations, and Wealth & Investment Management Operations functions.
- Operations Support and Oversight Functions - Operations support functions such as Financial Crimes, Technology, Finance, India & The Philippines, and Independent Risk Management (IRM) oversight.
In this role, you will:
- Manage a team of audit staff to resolve highly complex and unique challenges requiring in depth evaluation across multiple areas or the enterprise, delivering solutions that are long term
- Manage defined audits within one or more segments of the Audit Plan
- Ensure audit engagements are risk based, and executed according to Wells Fargo Audit Services policies and guidance
- Assist in planning and organizing work in an annual cycle and project cycle
- Supervise and oversee assigned audits
- Provide timely feedback, coaching and monitoring of audit work and staff
- Develop and maintain solid business relationships within Wells Fargo Audit Services and with teams across Wells Fargo, and other stakeholders
Required Qualifications:
- 7+ years of Audit, Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Post-Graduation degree and/or certifications like CA, CIA, CFA, CPA, ACCA, and CISA will be a plus
- Lead audits independently
- Issue validation, regulatory validation, and remediation experience
- Combination of compliance and audit experience
- Experience with reporting, audit methodologies, skills gap assessments, project management, training, early talent, recruiting, audit tools and technology support
- Ability to travel approximately 10% of the time, if required.
- Deliver against plans with quality, including remediation and validation of issues.
- Drive further risk integration across lines of defense - Continue enhancement of capabilities across processes and technology to enable efficiency and effectiveness.
- Build a culture of improvement – Champion the advancement and integration of innovation and use of cutting-edge technology to bolster assurance and streamline processes
- Be responsible for resource management at engagement level, assisting broader team in overall audit plan completion
- Manage defined audits within one or more segments of the Audit Plan at desired quality levels
- Accountable for supervision, oversight and timely completion of assigned audits
- Provides timely feedback, coaching and monitoring of audit work by staff assigned to audits
- Develops and maintains strong business relationships within Audit team, Control partners and with other teams across WFC and other stakeholders
- Assists in planning and organizing work in an annual cycle, risk assessments, not just project cycle
- Ensures audit engagements are risk-based, and executed according to Audit policies, methodology and guidance
- Assist Audit Management in hiring, coaching and providing feedback to engagement team members.
Job Expectations:
- Strong years of relevant experience in Internal Audit preferably in banking sector, capability centers or Big 4s.
- Excellent understanding of the Front to Back banking processes, various touch points their inherent risks and controls
- Ability to effectively utilize the process and business knowledge to credibility challenge the business line’s controls, and make recommendations to improve the same
- Experience of independently lead audit projects with accountability mindset
- Fluency in analytical procedures, exposure to analytical tools and techniques to identify thematic issues
- Ability and zeal to build domain knowledge and overall business acumen
- Sound understanding of audit methodologies, IIA standards, and tools that support audit processes, and / or orientation to risk and controls
- Excellent verbal, written, and interpersonal communication skills; Strong organizational, multitasking, and prioritizing skills
- Ability to positively impact a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
- Ability to execute in a fast paced, demanding environment while balancing multiple priorities
- Agile mindset, problem solving attitude and good analytical skills with high attention to detail
- Experience leading and providing feedback to engagement staff on audit projects or engagements.
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As a senior leader in team, you are expected to achieve success by leading yourself, and the business. Specifically, you will:
- Inspire team with integrity and create an positive work environment where each team members feel included, valued, and supported to do work that energizes them
- Assist Audit Management for sourcing and hiring, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and providing risk insights.
Posting End Date:
24 Apr 2025
*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.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
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.
Top Skills
Wells Fargo Hyderabad, Telangana, IND Office
: C9FH+X2J, Divyasree Orion Rd, Madhura Nagar Colony, Gachibowli, Hyderabad, Telangana, India, 500032
