Wells Fargo Audit Director - Shared Services Audit Team (SSAT), Data Innovation and Analytics in Denver, Colorado

  • About Wells Fargo*

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Founded in 1852, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial financial services through more than 8,400 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 268,000 team members in 42 countries and territories across our more than 90 businesses.

Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations.

Wells Fargo Audit Services (WFAS)

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. WFAS is comprised of over 1200 team members in 9 domestic and 4 international cities.

The Shared Services Audit Team (SSAT)

The Shared Services Audit Team (SSAT) was formed in the latter half of 2017. This group facilitates a centralized model for supporting audit work including teams that perform traditional audit testing as well as a centralized data analytics work. SSAT is comprised of three dynamic teams, which provide traditional audit testing, centralized data analytics work, as well as specialized audit services across WFAS. Specifically, our three teams include a centralized Data Innovation & Analytics team, a Cross-Functional Enhanced Review Group, and a combined international team located in India.

SSAT has approximately 120 team members across Charlotte, Denver, Des Moines, Minneapolis, Phoenix, Saint Louis, San Antonio, San Francisco, and in Bangalore, India. Philadelphia may also be a future location for SSAT team members.

The Role

The Audit Director will report to our SSAT Executive Audit Director and will be responsible for supporting the strategic direction and implementation of audit activities for our DI&A audit team within the SSAT team. This position will lead a team of managers and data analysts focused on supporting various WFAS lines of business audit teams to execute the most effective and efficient audit testing using a combination of ad-hoc and continuous data analytics and will advance our operational excellence goals along a defined analytics maturity model.

The Audit Director will oversee approximately 5 managers and 80 technical data experts executing risk-based, high quality audit coverage focusing on data analytics. They will provide guidance and oversight to ensure coverage is well planned, executed, and reported in accordance with WFAS methodology. They will be accountable for management of issues to ensure timely resolution. They will be required to work across all WFAS teams and with senior level leaders within WFAS and our business lines building strong partnerships. The Audit Director will also be expected to lead team members providing feedback, coaching, and development guidance. Additionally they will need to develop effective internal and external working relationships including but not limited to senior leadership within Audit, senior leadership within the company and key regulators. They will provide advice and credible challenge to Business Line Leadership regarding their internal control environment, issues, operating environment changes, and business unit strategies. They have responsibility for overseeing audit projects; supervising and coaching managers, subject matter experts, and senior staff; providing for team member development through mentoring, training and reviewing audit work; leading special projects; analyzing emerging issues; reviewing audit reports; and, contributing to Audit Committee reporting. The Audit Director participates on the WFAS Audit Management Committee (AMC) to support overall audit change initiatives and department strategy.

The Candidate

The successful candidate for this role will demonstrate effectiveness in building and leading high performing teams focused on data analytics and innovative processes. They will drive business results through leadership effectiveness and team member engagement; contributing to WFAS and SSAT strategies with a One Wells Fargo lens; and furthering the strong risk management culture of Wells Fargo and living the vision and values of Wells Fargo.

This collaborative leader must be capable of initiating action and managing change. This position requires leaders with strong relationship management, influencing, vision and execution skills. Experience directly and indirectly managing a geographically dispersed team will position a candidate for success. 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.

Skills needed in the position include:

  • Sound decision making abilities and professional skepticism.

  • Ability to influence risk management practices.

  • Ability to function effectively in a team environment, leading multiple Senior Audit Managers and their team members.

  • Ability to contribute to a positive working environment characterized by constructive problem-solving, effective communications and mutual respect.

  • Technical knowledge of business fundamentals across multiple business lines.

  • Ability to anticipate changes in the internal and external environment.

  • Being flexible to add projects or shift priorities readily and efficiently.

  • Leading and enthusiastically sharing the benefits of change initiatives.

  • Understanding WFAS tools and methodology thoroughly.

  • Ensuring team delivers quality work on projects requiring a high level of detail.

Responsibilities include:

  • Maintaining credible, collaborative and influential relationships with senior management, other risk organizations, and regulatory agencies.

  • Developing a comprehensive understanding of risk and processes leveraged to manage this risk at Wells Fargo.

  • Evaluation of current audit approaches and audit practices. Provide thought leadership on leading industry practices and drive continued maturation and evolution of the audit function.

  • Developing and executing an annual audit plan which evaluates critical risks to Wells Fargo and applies strong, pragmatic professional judgment.

  • Communicating audit results to senior executives and using the role within Audit to influence the organization.

  • Identifying thematic risk trends observed across the portfolio for purposes of influencing strategic control direction and process maturity.

  • Keep abreast of changes to regulatory requirements and emerging technologies.

  • Partner with management to identify and anticipate impact of a changing environment and effectively develop audit strategies to address significant risks.

  • Recruit, develop, motivate and retain audit talent within Internal Audit.

  • Manage people, projects, and workflow across multiple geographies.

  • Represent SSAT as a highly engaged, visible, and influential leader.

Required Qualifications:

  • 10+ years of audit experience

  • 6+ years of 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

  • Leadership experience for professional auditors, risk management, or project leadership professionals

  • Solid knowledge and understanding of audit methodologies and tools that support audit processes

  • Strong organizational, multi-tasking, and prioritizing skills

  • 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

  • Ability to travel up to 15% of the time

Job Expectations:

  • Ability to travel up to 15% of the time

How to Express Interest in This Job: Wells Fargo invites you to apply for this job at https://employment.wellsfargo.com/psc/PSEA/APPLICANTNW/HRMS/c/HRSHRAMFL.HRSCGSEARCHFL.GBL?Page=HRSAPPJBPST_FL&FOCUS=Applicant&SiteId=1&JobOpeningId=5407206&PostingSeq=1.

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.

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.