Audit Management Senior Manager - Market and Counterparty Credit Risk

Company: Wells Fargo
Location: Minneapolis
Posted on: September 24, 2022

Job Description:

About this role:The Wells Fargo Corporate Risk Audit Team is seeking an Audit Management Senior Manager who will provide leadership in the audit coverage of Wells Fargo's Market and Counterparty Credit Risk. The Audit Management Senior Manager will report to an Audit Management Executive and will be accountable for developing and executing a comprehensive multi-year coverage strategy for his/her portfolio.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 for Audit
• Develop and guide a culture of talent development to meet business objectives and strategyRequired Qualifications, US:
  • 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 experienceDesired Qualifications:
    • Experience at a large financial institution or accounting firm
    • A BS/BA degree or higher in accounting, finance, business administration, or a related field
    • Certification in one or more of the following: CISA, CIA, or CPA
    • Strong understanding of financial regulatory environment
    • Solid knowledge and understanding of audit or risk methodologies and supporting tools
    • Knowledge of market and counterparty risk management including experience auditing FX, Equity, Commodity and Rates.
    • Strong experience auditing Risk ManagementJob Expectations:
      • Ability to travel up to 10%
      • Hybrid work schedule with 3 days in office & 2 days remote. 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 , Audit Management Senior Manager - Market and Counterparty Credit Risk, Executive , Minneapolis, Minnesota