Oct 08, 2021

Senior Auditor - Model Risk RWF

  • OneTrust
  • West Des Moines, IA, United States

✍🏾Job Description

Job Description

Important 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), is comprised of Operational Risk, Compliance Risk, Enterprise Risk, Credit Risk, Market Risk, Model Risk, Capital Adequacy, Basel, and Capital Regulatory Reporting teams. The Model Audit team is seeking a talented, experienced professional.

The Model Audit Team focuses on oversight of model risk management and compliance with supervisory guidance and internal policy. The team provides advice and offer credible challenge to business partners regarding the effectiveness of the control environment, business trends, issues, and operating and regulatory environment changes related to the development, validation, ongoing monitoring and use of models.

Sr. Auditors participate in basic audit projects as directed. They are responsible for:

  • Performing audit testing of moderately complex components of assigned audits within multiple segments of the Audit Plan.
  • Plans and executes independent audit reviews and ensure that they are timely and accurate.
  • Document work papers according to the standards of the Audit policy and guidance.
  • Identifies and assesses key risks and controls and develops effective test plans for engagements as assigned with limited guidance.
  • Develops business partnerships within Audit and with teams across WF through professional communication and clear audit deliverables.
  • May perform auditor-in-charge responsibilities as assigned

*Salary range is determined by the location of the job*
*May be considered for a discretionary bonus*

RWF - Please note that "RWF" is an identifier for internal recruiting purposes only and has no connection to the nature or responsibilities of the job. 



Required Qualifications

  • 3+ 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 experience



Desired 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
  • Excellent verbal, written, and interpersonal communication skills
  • Strong organizational, multi-tasking, and prioritizing skills
  • 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 accuracy



Other Desired Qualifications
  • Model and model risk understanding and experience (SR 11-7 / OCC 2011-12).
  • Certification in one or more of the following:  CPA, CIA, CAMS, CRCM, CISA or Commissioned Bank Examiner designation.
  • Knowledge and experience in one or more of the following areas: counterparty credit risk, market risk, capital management, BASEL, capital markets trading.


Job Expectations

  • Ability to travel up to 10% of the time



Salary Information

The salary range displayed below is based on a Full-time 40 hour a week schedule.

CO-Denver: Min: $63,900 Mid: $90,000 Max: $116,100
AZ-Chandler: Min: $63,900 Mid: $90,000 Max: $116,100
IA-West Des Moines: Min: $63,900 Mid: $90,000 Max: $116,100
MN-Minneapolis: Min: $63,900 Mid: $90,000 Max: $116,100
NC-Charlotte: Min: $63,900 Mid: $90,000 Max: $116,100
NC-Charlotte: Min: $63,900 Mid: $90,000 Max: $116,100
TX-Addison: Min: $63,900 Mid: $90,000 Max: $116,100
TX-San Antonio: Min: $63,900 Mid: $90,000 Max: $116,100



Disclaimer

    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.



Benefits Summary

Benefits
 

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.