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Lead Audit Manager - Home Lending Capital Markets

Company: Wells Fargo
Location: Minneapolis
Posted on: August 7, 2022

Job Description:

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.About this role:Wells Fargo is seeking a Lead Audit Manager as part of the Consumer Lending Capital Markets Audit Team. Consumer Lending Audit Team provides coverage across Home Lending, Auto, Credit Cards, Personal Lending Group, Merchant Services, Consumer Lending Control, and Consumer Lending Shared Services.Capital Markets provides Wells Fargo with a liquidity source for loan originations by pricing, selling, and securitizing assets. Additionally, the Capital Markets business manages the operational risks associated with the origination, sale, and servicing of mortgage loans. This line of business provides production of daily pricing based on various inputs, supports revenue maximization, and maximizes liquidity for Wells Fargo assets.In this role, you will:

  • Lead execution of the integrated audit process
  • Participate in audits in accordance with Wells Fargo Internal Audit 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 companywideRequired Qualifications, US:
    • 5+ years of Audit, Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:
      • 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
      • Strong understanding of financial regulatory environment
      • Certification in one or more of the following: CPA, CAMS, CRCM, CIA, CISA or Commissioned Bank Examiner designation
      • Experience leading and providing feedback to staff on audit projects or engagements
      • Experience with Issue Validation and Remediation
      • Excellent verbal, written, and interpersonal communication skills
      • Knowledge and experience with consumer lending processes, risks and controls; in particular home, auto and credit card lending
      • Mortgage Banking experienceJob Expectations:
        • Ability to travel up to 25% 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, 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.

Keywords: Wells Fargo, Minneapolis , Lead Audit Manager - Home Lending Capital Markets, Executive , Minneapolis, Minnesota

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