Principal Auditor - Credit Risk

Company: Wells Fargo
Location: West Des Moines
Posted on: May 6, 2021

Job Description:

Job DescriptionImportant Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.Internal Audit is a provider of independent, objective assurance 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.The Corporate Risk and Capital Management (CRCM) team, which is comprised of Operational Risk, Compliance Risk, Enterprise Risk, Credit Risk, Market Risk, Model Risk, Capital Adequacy, Basel, and Capital Regulatory Reporting teams, is seeking talented, experienced professionals. The Credit Risk audit team is responsible for assessing enterprise credit risk and testing related risks and programs including credit policy management, credit loss forecasting, portfolio monitoring, delegated credit approval authority, monitoring of policy exceptions, key risk reporting and other related credit risk management activities. The candidate will also work across Internal Audit teams and the business groups to monitor credit risk and build strong relationships. This position will focus on audit coverage of Independent Risk Management as a 2nd line of defense as well as oversight of regulatory remediation and Risk Management Framework implementation activities. Specific Duties:

• Responsible for performing audit testing of moderately complex to very complex components of assigned audits within multiple segments of the Audit Plan.
• Leads timely planning and execution of an assigned audit tests.
• Assigned projects ranging in size and complexity based upon level of experience.
• May perform auditor-in-charge responsibilities for low and moderately complex audits.
• Provides timely and quality work product.
• Ensures documentation and reporting are ready for review by managers and senior managers.
• Develops and maintains strong business relationships within Audit and with teams across the enterprise.
• Ensures audit programs and testing are risk-based, and executed according to Audit policies and guidance.Required Qualifications
  • 5+ years of experience in one or a combination of the following audit or risk functions: covering risk identification, mitigation and management (includes audit, legal, operational risk, compliance risk, credit risk, market risk, technology risk, or the management of a process or business with accountability for risk.) demonstrated through work or military experienceDesired Qualifications
    • Experience at a financial institution or accounting firm
    • A BS/BA degree or higher
    • Solid knowledge and understanding of audit or risk methodologies and supporting tools
    • Certification in one or more of the following: CPA, CAMS, CRCM, CIA, CISA or Commissioned Bank Examiner designation
    • Excellent verbal, written, and interpersonal communication skills
    • 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
    • Ability to execute in a fast paced, high demand, environment while balancing multiple priorities
    • Solid problem solving skills
    • Good analytical skills with high attention to detail and accuracyOther Desired Qualifications
      • Extensive knowledge of credit risk management, including credit policy management, risk measurement, loss forecasting, portfolio monitoring, and risk reporting
      • Issue validation and remediation experience
      • Experience with data analytics
      • Experience in reporting, audit methodology, project management, and audit toolsJob Expectations
        • Ability to travel up to 10% of the timeStreet AddressNC-Charlotte: 301 S College St - Charlotte, NCNC-Charlotte: 1525 W Wt Harris Blvd - Charlotte, NCIA-West Des Moines: 800 S Jordan Creek Pkwy - West Des Moines, IAAZ-Chandler: 2600 S Price Rd - Chandler, AZTX-San Antonio: 4101 Wiseman Blvd - San Antonio, TXDisclaimerAll 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.Benefits SummaryBenefits Visit for benefits information.

Keywords: Wells Fargo, West Des Moines , Principal Auditor - Credit Risk, Accounting, Auditing , West Des Moines, Iowa