About Wells Fargo India & Philippines
Wells Fargo India & Philippines is a critical component of Wells Fargo’s strategy to leverage distinct advantages in doing business in a global environment. Wells Fargo India & Philippines is primarily an extension of the technology, operations, and corporate support teams of Wells Fargo. It engages in application development and support, testing, other technology functions, international operations, knowledge support, and middle and back-end banking process solutions for a wide spectrum of Wells Fargo’s needs. It currently has offices in Bengaluru, Chennai, Hyderabad, and Manila.
About this role:
Wells Fargo is seeking a Lead Audit Manager.
In this role, you will:
- Lead execution of the integrated audit process
- Participate in audits in accordance with Wells Fargo Audit Services policy
- Demonstrate depth and breadth of knowledge and understanding across multiple businesses or develops knowledge in a critical subject matter area
- Demonstrate comprehensive knowledge and understanding of the financial, operational, technical, and regulatory environment across multiple businesses or develop excellent subject matter knowledge in critical areas of the business
- Write opinions reflecting relevant facts that lead to logical conclusions
- Escalate significant risks and loss exposures to appropriate levels of management
- Ensure documentation and reporting are ready for review by managers and more experienced managers
- Demonstrate credible challenge
- Evaluate and provide appropriate solutions for complex problems
- Lead multiple concurrent projects that are generally moderate to large in size and moderate to high in complexity
- Identify and assess key risks and controls and develop effective test plans for engagements as assigned with limited guidance
- Present audit results in an objective and unbiased manner
- Exhibit appropriate judgment regarding issue notification, issue draft findings to client management, and draft final audit reports
- Develop and maintain excellent business relationships within Internal Audit and with teams companywide
Required Qualifications:
- 5+ yrs experience in Audit, Risk, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Candidate must be graduate of any bachelor's degree preferably a CPA and CIA
- Must have at least 8+ yrs of audit experience in a financial industry, consumer banking experience is a plus
- Certification in one or more of the following: CPA, CIA, CAMS, CRCM, CISA or Commissioned Bank Examiner designation.
- Knowledge in Consumer Lending Products - Home Lending, Auto, Credit, Retail and Merchant Services and Personal Lending Group.
- Knowledge and experience with consumer lending processes, risks and controls; in particular home, auto and credit card lending.
- Strong knowledge of audit methodology, including risk identification and control assessment
Responsibilities: LAM participates in basic audit projects as directed. They are responsible for:
- Responsible for performing audit testing components of assigned audits within multiple segments of the Audit Plan.
- Plans and executes independent audit testing and ensure that they are timely and accurate.
- Document work papers according to the standards of the Internal Audit policy and guidance.
- Identifies and assesses key risks and controls and develops effective test plans for engagements as assigned with limited guidance.
- Develops business partnerships within Internal Audit and with teams across WF through professional communication and clear audit deliverables.
Essential Qualifications
- 5 - 10 years of experience in one or a combination of the following audit or risk functions: covering risk identification, mitigation and management (includes audit, legal, operational risk, compliance risk, credit risk, market risk, technology risk, or the management of a process or business with accountability for risk).
- Experience at a financial institution or accounting firm
- A BS/BA degree or higher
- Solid knowledge and understanding of audit or risk methodologies and supporting tools.
- Excellent verbal, written, and interpersonal communication skills.
- Strong organizational, multitasking, and prioritizing skills.
- Ability to execute in a fast paced, high demand, environment while balancing multiple priorities.
- Solid problem solving skills
- Good analytical skills with high attention to detail and accuracy.
Desired Qualifications:
- Certification in one or more of the following: CPA, CIA, CAMS, CRCM, CISA or Commissioned Bank Examiner designation.
- Knowledge in Consumer Lending Products - Home Lending, Auto, Credit, Retail and Merchant Services and Personal Lending Group.
- Knowledge and experience with consumer lending processes, risks and controls; in particular home, auto and credit card lending.
- Strong knowledge of audit methodology, including risk identification and control assessment
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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
