Senior Audit Manager - Corporate Risk and Capital Management (CRCM) - Compliance Risk

Wells Fargo - San Francisco, CA3.7

Job Description
At Wells Fargo, we have one goal: to satisfy our customers’ financial needs and help them achieve their dreams. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Audit Services conducts audits and reports the results of our work to the Audit & Examinations Committee of the Board of Directors. We provide independent, objective assurance and consulting services delivered through a highly competent and diverse team. As a business partner, Audit helps the Company accomplish its objectives by bringing a systematic disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

Wells Fargo Audit Services (WFAS) has an opening for one Senior Audit Manager (SAM) on CRCM’s Compliance Risk team. CRCM has responsibility for coverage of Corporate Risk Management across the enterprise. The Corporate Risk Audit Team manages the portion of the audit plan that covers processes within Corporate Risk. Corporate Risk serves as the "second line of defense" ensuring that all Wells Fargo corporate functions and lines of business soundly manage risk, comply with applicable laws and regulations, and offer products and services that meet the needs of our customers. Specific Corporate Risk functions and oversight include Compliance Risk, Operational Risk, Enterprise Risk Management, and Credit Risk. The Compliance Risk team supports audit coverage of compliance risk across the enterprise. They are responsible for ensuring compliance risk is covered appropriately on each of the lines of business (Wholesale, Consumer Lending, Community Banking, Wealth and Investment Management, etc.) audit teams. Additionally they are responsible for the audit coverage of Corporate Risk Compliance Risk work including functions of Control Executives.

The SAM position will have responsibility for supporting the Operational Risk Audit Director in building a strong audit team responsible for developing, implementing and delivering upon coverage strategies over operational risk across the enterprise.

The SAM will lead a team of approximately 10-15 team members executing risk-based, high quality audit coverage. They will provide guidance and oversight to ensure coverage is well planned, executed, and reported in accordance with WFAS methodology. They will also be accountable for management of issues to ensure timely resolution. They will work across WFAS teams and with senior-level leaders within WFAS and our business lines building strong partnerships. The SAM will also be expected to lead team members providing feedback, coaching, and development guidance.

SAM accountabilities include:
Develops and implements coverage strategy and delivery for their assigned responsibility
Completes assigned segment of the audit plan and other defined objectives.
Responsible for the quality and timely completion of audit assurance and project work, ensuring audits are well planned, executed and reported, and issues are proactively escalated to management for timely resolution.
Develops and maintains strong, positive relationships with business partners, regulators, third parties, and other internal WF/WFAS teams.
Plans and organizes work in an annual cycle, not just project cycle.
Ensures audit engagements are risk-based, and executed according to Wells Fargo Audit Services policies and guidance.
Develops a comprehensive understanding of risk and processes that manage risk at Wells Fargo.
Evaluates current audit approaches and practices, providing thought leadership on industry best practices and regulatory changes, and driving continued maturation and evolution of the audit function.
Identifies thematic risk trends observed across the enterprise for purposes of influencing strategic control direction and process maturity.
Represents CRCM as a highly engaged, visible, and influential leader.
The successful candidate for this role will demonstrate experience leading and coaching audit teams and have an understanding of and experience in enterprise risk management. They will be effective builders and leaders of high performing teams focused on driving business results through collaborative leadership and team member engagement; keep up with fast paced organizational change, managing and caring for team members through that change; contribute to WFAS and CRCM strategies with a One Wells Fargo lens; and further the strong risk management culture of Wells Fargo, living the vision, values, and goals of Wells Fargo.

The collaborative leader must be capable of initiating action and possess strong execution and relationship management skills across all levels and functions, as well as with the regulators. A key differentiator will be the ability to understand and operate successfully in a complex, heavily matrixed corporate environment. The role requires a sense of urgency, passion for excellence and results, and personal accountability for achievement and outcomes.

As a Team Member Manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:

Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.
Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.

Required Qualifications

8+ years of experience in one or a combination of the following: audit, control testing, control and risk identification, or audit analysis
2+ years of leadership or management experience

Desired Qualifications

Audit experience at a large financial institution or auditing company.
A BS/BA degree or higher in accounting, finance, or business administration
Certification in one or more of the following: CPA, CAMS, CRCM, CIA, CISA or Commissioned Bank Examiner designation
Leadership experience for professional auditors, risk management, or project leadership professionals
Solid knowledge and understanding of audit methodologies and tools that support audit processes
Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
Excellent verbal, written, and interpersonal communication skills
Strong organizational, multi-tasking, and prioritizing skills
Ability to execute in a fast paced, high demand, environment while balancing multiple priorities
Solid problem solving skills

Other Desired Qualifications
Proven leadership experience with multi-functional teams across multiple locations
Good understanding of Institution of Internal Audit (IIA) standards, regulatory requirements, and industry guidelines

Job Expectations

Ability to travel up to 25% of the time


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.