Wells Fargo Chief Audit Director - Consumer Lending in New York, New York
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.98 trillion in assets. Founded in 1852, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial financial services through more than 7,400 locations, 13,000 ATMs, online (wellsfargo.com), and mobile devices.
We’re headquartered in San Francisco, but we’re decentralized so every local Wells Fargo location is a headquarters for satisfying our customers’ financial needs and helping them succeed financially. We do business with 70 million customers and one in three U.S. households. Wells Fargo has approximately 263,000 team members in 31 countries and territories across our more than 90 businesses.
Wells Fargo & Company was ranked No. 30 on Fortune’s 2020 rankings of America’s largest corporations.
Wells Fargo Internal Audit
Internal Audit conducts audits and reports the results of our work to the Audit 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.
Internal Audit is seeking a Chief Audit Director to lead the Consumer Lending Audit Team. The Consumer Lending Audit Team covers important and complex areas including Home Lending, Auto, Credit Card, Merchant Services, Personal Lines and Loans and Education Financing. The Chief Audit Director is an important member of Internal Audit’s senior leadership team. The teams collectively engage with lines of business teams across audit ensuring the following:
Coordination with the Chief Auditor, Chief Audit Director of Strategy & Operations, Control Executive and senior leaders across audit to facilitate all front line activities
Development and execution of annual audit plan, ensuring appropriate coverage aligned with planning methodology and leading the team to execute against these requirements throughout the plan year
Leverage data analytics and innovation support to automate testing and achieve continuous coverage
Monitor and manage plan including operational efficiency and associated metrics related to audit completion and issue management status to leadership to ensure the audit plan is on track and executed with quality throughout the year
Identification of thematic trends observed across the enterprise for purposes of influencing strategic control direction and process maturity.
Management of people aspects of audit including resource management, skills gap assessments, learning and development, team member engagement, and other retention strategies
Effective communication channels for the department, leadership, and the enterprise
Participate in leadership governance forums supporting departmental operations, as well as large initiatives and projects within the division
Oversight of finance, location strategies, and other department logistics
Additional responsibilities for this leader include:
Represent Internal Audit as a highly engaged, visible, and influential leader
Recruit, develop, motivate and retain audit talent within the team and Internal Audit
Manage people, projects, and workflow across multiple geographies
Successfully interact with all stakeholders, including audit partners, business partners across the enterprise such as finance, human resources, and technology, and key regulatory examiners
The Chief Audit Director of Consumer Lending will lead a team of approximately 110 team members and leads a 185k hour plan.
This collaborative leader must be capable of initiating action and managing change. Strong relationship management, influencing, vision and execution skills are essential, as well as experience directly and indirectly managing audit. Demonstrated success operating in a complex, heavily matrixed corporate environment and managing a geographically dispersed team is vital. A key differentiator will be the ability to understand the complexities, act with a sense of urgency and passion for excellence and results, and to take personal accountability for achievement and outcomes.
10+ years of management experience
15+ years of experience in audit or risk functions including leading teams covering risk identification, mitigation, and management (includes audit, legal, credit risk, market risk, technology risk, or the management of a process or business with accountability for risk.)
Certification in one or more of the following: CPA, CAMS, CRCM, CIA, CISA or Commissioned Bank Examiner designation
A BS/BA degree or higher
Experience at a financial institution or accounting firm
Strong understanding of financial regulatory environment
Solid knowledge and understanding of audit or risk methodologies and supporting tools
Other Desired Qualifications
This executive will have substantial experience and prior success in building and managing industry-leading audit or other company risk functions in the financial services industry. This executive will have experience leading management teams that support front lines, independent risk management, or internal audit departments in a large organization. They will have a thorough knowledge of highly disciplined business, financial, and risk management processes. This executive must be an exceptional leader recognized for accomplishments related to hiring, retaining, and developing an excellent team.
Specifically, we seek:
Solid understanding of Institution of Internal Audit (IIA) standards, regulatory requirements, and industry guidelines
Strong understanding of running the operations of a large division include workforce and related strategies
Certification in one or more of the following: CPA, CAMS, CRCM, CIA, CISA or Commissioned Bank Examiner designation.
BS/BA degree or higher
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.
Company: Wells Fargo
Req Number: 5582667-3
Updated: 2021-06-14 02:41:24.991 UTC
Location: New York,NY
- Wells Fargo Jobs