Wells Fargo Audit Director - Capital Management 

United States, New York, New York 

794325191

About this role:

Wells Fargo is seeking an Audit Director (AD) to lead Internal Audit’s program of coverage of Capital Management. This position is an integral part of the Enterprise Finance Audit leadership team and serves as a leader and subject matter specialist covering regulatory capital requirements, stress testing and scenario analysis, capital adequacy and reporting

In this role, you will:

• Manage multiple teams responsible for covering defined segments of the Audit Plan
• Own all aspects of the Capital Management Audit program. This includes, but is not limited to defining audit strategy, developing and risk assessing the audit universe, developing and executing the audit plan, performing business monitoring and evaluating emerging risks, validating issue closure, and effectively coordinating capital adequacy risk coverage
• Assess the control effectiveness and governance structure of segments of the Audit Plan and for completion of related audit engagements
• Plan and organize work in an annual and beyond cycle, not just project cycle
• Ensure audit plan and engagements are risk-based and executed according to Internal Audit policies and guidance
• Build and maintain proficient leadership teams
• Develop and maintain excellent business relationships with leadership and other stakeholders, such as regulatory agencies
• Manage allocation of people and financial resources to ensure commitments are met and align with strategic objectives in Audit
• Develop and guide a culture of talent development to meet business objectives and strategy

Required Qualifications:

• 8+ years of Audit, Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 4+ years of management or leadership experience

Required Qualifications for Europe, Middle East & Africa only:

• Experience in Audit, Risk, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Management or leadership experience

Desired Qualifications:

• Substantial experience leading audit, treasury, finance, risk, or regulator teams focused on capital management activities including capital planning and forecasting processes (CCAR/DFAST), capital adequacy assessment, regulatory capital reporting including risk-weighted assets (RWA) calculations and capital ratios within large bankinginstitutions
• Prior Audit Leadership experience at a large, complex Financial Services firm
• Experience working directly with Regulators (OCC, FRB, FDIC)
• Bachelor of Science or Bachelor of Arts degree
• Demonstrated ability to influence and collaborate with key stakeholders across senior levels in an organization
• Certification in one or more of the following: CIA, CPA, CFA

Job Expectations:

• Ability to travel up to 20%

• In depth knowledge of Basel III/IV, CCAR, ICAAP, and other regulatory capital frameworks. Strong understanding of stress testing methodologies, model risk, data management and regulatory reporting (e.g. FR Y-14A/M/Q, FFEIC 101, 102, 31, FR Y-9C, etc)
• Proficiency in risk analytics, strong problem solving and analytical skills, ability to manage multiple priorities in a high paced regulatory environment
• Lead, mentor, and develop an audit team specializing in covering capital adequacy risk

Pay Range

$173,300.00 - $359,900.00

13 Mar 2025

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.