About this role:
Wells Fargo is seeking a Lead Audit Manager - Financial Crimes.
We are looking for a Lead Audit Manager to join our dynamic India-based Internal Audit Team. The Lead Audit Manager will lead execution of the audit process (primarily as Auditor in Charge) in accordance with Wells Fargo Audit policy with guidance/support from the Audit Senior Manager, with primary focus on financial crimes risk areas (e.g., AML and Sanctions). The Auditor in Charge is responsible for accurately assessing risks and controls, developing effective test plans, exhibiting appropriate judgement regarding issue notification drafting findings and final audit reports and leading communication with clients. Learn more about the career areas and lines of business
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 develop 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+ years of Audit, Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Bachelor’s degree with courses taken in audit, business, finance, accounting, or computer science a clear advantage
- Professional certification (either ACA/ CPA, CFA, CAMS, CRCM or equivalent) is a plus, as is previous securities, compliance, or operations experience.
- Experience in Bank Secrecy Act and Anti-Money Laundering (BSA/AML), sanctions regulations and financial crimes risk,
- Demonstrates professional skepticism
- Sound understanding of internal audit, risk management, and risk advisory skills.
- Proven ability to effectively lead projects, collect and analyze data, develop, and communicate recommendations and provide effective performance feedback to team members.
- Strong organizational, multitasking, and prioritizing skills
Job Expectations:
- Audit, Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Lead Audits primarily as Auditor in Charge.
- Identify and assess key risks and controls and develop effective test plans for engagements with limited guidance
- Work within deadlines and manage multiple tasks.
- Exhibit appropriate judgement regarding issue notification, issues draft findings to client management, and draft final audit reports for review by the Audit Senior Manager.
- Ensure audit engagements are risk based and executed according to Wells Fargo Audit policy and guidance.
- Write opinions reflecting relevant facts that lead to logical conclusions
- Support the Audit Senior Manager/ Audit Management Director as needed in regional governance forums and develop/maintain strong relationships with local personnel.
- Demonstrate excellent communication skills and the ability to influence across multiple levels of management.
- Support regional manager by interacting with regional, US and EMEA Internal Audit personnel to fulfil regional regulatory requests
Posting End Date:
13 Mar 2025
*Job posting may come down early due to volume of applicants.
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, status as a protected veteran, or any other legally protected characteristic.
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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Wells Fargo Bangalore, Karnataka, IND Office
3 Vittal Mallya Road, Bangalore, Bangalore, India, 560001
Wells Fargo Bengaluru, Karnataka, IND Office
Outer Ring Road, , , Bengaluru, Karnataka , India, 560103
