About this role:
Wells Fargo is seeking a Senior Auditor – Senior AVP (Audit Innovation and Analytics) to support analytics for our Corporate Risk and Financial Crimes audit teams. These teams focus on audits related to Compliance risk, Operational risk, Credit risk, Model risk, Enterprise risk management and also provide audit coverage of BSA, AML, and Sanctions risk.
This role will be responsible for supporting audit work through advanced analytics. The candidate will develop expertise in navigating the extensive production and analytical data environments within Wells Fargo and apply that expertise to provide value-added data analysis solutions. We are looking for a candidate with the proven ability to utilize data analysis methodologies and tools to increase the efficiency and effectiveness of the audit process. This includes partnering with internal auditors to identify opportunities to utilize data analysis in evaluating the adequacy and effectiveness of internal controls on a continuous basis.
About Audit Practices
Practices supports the entire audit department, providing the framework and methodology, control functions, and an overall operational support for employees. Practices looks to continuously enhance processes and policies to ensure Audit is efficient and effective in reaching its goals.
The Innovation team includes analytics professionals focused on building advanced solutions for the department - such as artificial intelligence, machine learning, advanced analytics, and automation. This is accomplished through strong partnerships with the audit teams Practices supports.
Practices is broken out into the following teams:
Universe and Technology Solutions - Audit Universe, AE Risk Assessments, Change Management Risk Management, AMS, SharePoint, Shared Drives, Data Management, and other technology
Innovation - Artificial Intelligence, Machine Learning, Advanced Analytics, Automation, Models, Audit Reporting, LOB Innovation, Operational Innovation
Professional Practices - Plan & Issue Management, Practices, Audit Policy Library, oversight of Audit's issue management and remediation activities, Validation Review Committee
Employee Operations - Employee Experience, and Resource Acquisition, Management, & Reporting
Quality Assurance (QA) - Assess and drive continuous improvement in the quality of Audit execution, QA reviews, aggregation of QA issues, QA reporting, validation of corrective actions, credible challenge, continuous improvement
In this role, you will:
- Perform audit testing components of assigned audits within multiple segments of the Audit Plan
- Plan and execute independent audit testing and ensure that they are timely and accurate
- Identify and assess key risks and controls
- Execute and document work in accordance with Wells Fargo Audit Services policy
- Identify and develop compensating controls that mitigate audit findings and make recommendations to management
- Inform manager of situational issues that might compromise objectivity or independence
- Design and execute tests to verify control effectiveness
- Document work papers according to the standards of the Internal Audit policy and guidance
- Demonstrate professional skepticism while performing major components of audits
- Lead smaller scale audits or projects
- Develop ways to improve existing audit practices
- Develop effective test plans for engagements as assigned with limited guidance
- Participate in projects as directed
- Develop business partnerships within Internal Audit and with teams companywide through professional communication and clear audit deliverables
Required Qualifications:
- 4+ years of Audit, Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- A Bachelor, or Masters’ degree in analytics, engineering
- Experience with Alteryx, SQL or SAS programming including writing code to automate solutions of medium to high technical complexity
- Experience in developing and maintaining advanced analytic solutions from beginning to end, using visualizations to share data insights with stakeholders, primarily using Power BI, Tableau
- Strong analytical skills with high attention to detail and accuracy
- Experience performing complex data analysis and providing concise insights with storytelling
- Ability to analyze and interpret data, trends and present findings and actionable recommendations to business leaders
- Experience at a financial institution or Big 4 Accounting firm
- Excellent verbal, written, and interpersonal communication skills
- Ability to develop partnerships and collaborate with other business and functional area
- Ability to obtain or currently hold one or more of the following certifications: SAS Certified, Alteryx Core or Advanced Certified, Tableau Certified
- Any Audit certification like CFE, CIA, CISA, CPA, CAMS, or CRCM will be a plus
- Strong organizational, multitasking, and prioritizing skills
- Ability to work effectively in a distributed team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
- Ability to execute in a fast paced, high demand, environment while balancing multiple priorities
- Outstanding problem solving with ability to turn findings into strategic imperatives
- Experience in data processing, database programming, and/or data analytics
- Knowledge and understanding of audit methodologies, processes is desirable
- Experience in data warehouses and system of records
- Ability to travel up to 10% of the time, if required
- Working from office for at least 3 days per week or more as per directions from time to time
Job Expectations:
- Collaborate with audit leaders to identify value added analytics in the riskiest areas of the audit.
- Leverage Agile & DevOps methodologies to deploy solutions at speed.
- Be a critical thinker with an innovative mindset, coupled with a track record for creating solutions that are efficient, effective, and provide meaningful assurance for the audits.
- Have strong relationship management, influencing, organizational and execution skills.
- Communicate effectively and ensure that all deliverables are met.
- Be capable of initiating actions and managing change in a fast-paced environment.
- Effectively documenting the analysis in accordance with audit policy.
- Contribute towards our positive, high-performing, and diverse team culture in everything you do.
- Lead business partner and audit team meetings for subject areas.
- Demonstrate technical proficiency in more than one data analytics tool to identify trends and anomalies related to processes, risks and controls.
- Navigate within large complex technology environments to locate, validate, extract, and format data for data analysis testing.
- Execute audit testing in line with Internal Audit policy, procedures, guidelines and IIA standards.
- Demonstrate advanced critical thinking skills and the ability to understand the alignment of data analytics to business processes, risks and controls and the impacts to the business.
- Train team members how to identify risks and apply data analytics to verify the risks are fully mitigated.
- Effectively document the analysis in accordance with audit policy.
- Train and mentor audit teams in the use of data analysis and data analysis tools.
- Partner with assigned audit teams to build expertise in the use of data analysis within the internal audit function.
Posting End Date:
24 Apr 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.
Top Skills
What We Do
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
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. © 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.
Why Work With Us
We're known for our “Well Life” approach to supporting employees’ career aspirations, work-life balance, and mental and physical health. We ranked #2 on the 2023 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career” in the U.S.
Gallery
