About the Role:
Wells Fargo is seeking a Senior Audit Manager for their Commercial Banking (CB), Corporate Investment banking (CIB) and Global Payments and Liquidity (GPL) team.
The Senior Audit Manager Executive Director is people manager 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. Senior Audit Managers demonstrate depth and breadth of knowledge that includes operational, financial, and regulatory understanding across all these 3 business lines and develop knowledge in a critical subject matter area. Goals for this role would include developing a World-class Internal Audit Team with increased stature through strong leadership, quality execution, improved capabilities, and continued creation of a diverse and high performing team.
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 to ensure commitments are met and align with strategic objectives in Audit
- Develop and guide a culture of talent development to meet business objectives and strategy
Required Qualifications:
- 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 or leadership experience
Desired Qualifications:
- Strong years of relevant experience in Internal Audit preferably in the global banking sector, capability centers, or Big 4s.
- Experience across Enterprise functions and Technology audits (i.e. Integrated audits with Innovation and Data analytics) within Commercial Banking (CB), Corporate Investment banking (CIB) and Global Payments and Liquidity (GPL) team
- Good knowledge of banking products including Wholesale Banking, Markets (i.e. Foreign Exchange, Rates, Credit), Capital Markets, Capital Finance, Corporate trust, Commercial Real Estate, Investment lending etc.
- Excellent understanding of the Front to Back banking processes, various touch points their inherent risks and controls
- Understanding of financial regulatory environment
- Relevant post-graduation degree and certifications like CA, CIA, CFA, CPA and CISA is desired
- Ability to effectively utilize the process and business knowledge to credibility challenge the business lines controls, and make recommendations to improve the same
- Experience of independently leading multiple audit projects simultaneously 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
- Experience with reporting, audit methodologies, skills gap assessments, project management, training, early talent, recruiting, audit tools and technology support.
Job Expectations:
- Develop a highly skilled department Be accountable to retain and develop talented leaders and team members to advance skill sets, as well as continue to hire externally.
- Mature Internal Audit operations - 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 and assisting broader team in overall audit plan completion
- Assess associated risks and controls and complete engagements within their segment of the plan
- Assists in planning and organizing work in an annual cycle, risk assessments, not just project cycle
- Ensure audit engagements are risk-based, and executed according to Internal Audit policies, procedures, methodology and guidance
- Develop and maintain excellent business relationships with Audit/Business Leadership, peers, and other stakeholders, such as control partners, external auditors etc.
- Manage allocation of people, financial resources to ensure key performance and risk indicators (defined time-to time) are met
- Creating an environment that encourages collaboration, collegiality, and candor
- Providing effective coaching and counseling through timely and thoughtful completion of performance management activities
- Holding regular career development conversations with all employees, recording action plans in Workday, and supporting ongoing development efforts
- Fostering a consistently inclusive work environment that supports diversity, equity and inclusion efforts
- Demonstrate leadership by example through active engagement in DE&I forums, initiatives, and activities
- Ability to travel approximately 10% of the time (if and as necessary)
Role: Audit & Control - Other
Industry Type: IT Services & Consulting
Department: Finance & Accounting
Employment Type: Full Time, Permanent
Role Category: Audit & Control
Education
UG: B.Tech/B.E. in Any Specialization
PG: CA in Any Specialization
