Senior Auditor - Market and Counterparty Risk Management

About this role:

Wells Fargo is seeking a Senior Auditor on the Market and Counterparty Risk Audit Team which focuses on market and counterparty risk independent risk management activities such as governance, limit framework and monitoring, management reporting, business as usual stress testing and scenario analysis, and regulatory requirements/exceptions. The Audit team provides credible challenge to business partners regarding the effectiveness of the control environment, business trends, issues, and operating and regulatory environment changes related to both market and counterparty risk.

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:

• Experience in Market and Counterparty Risk Management and/or risk management in one or more of the following: commodity, counterparty, credit spread, equity, FX, and/or rate risks. 

• Solid knowledge and understanding of audit or risk methodologies and supporting tools

• Experience at a financial institution or accounting firm

• A BS/BA degree or higher

• Strong understanding of financial regulatory environment

• Certification in one or more of the following: CPA, CAMS, CRCM, CIA, CISA or Commissioned Bank Examiner designation

• Experience leading and providing feedback to staff on audit projects or engagements

• Excellent verbal, written, and interpersonal communication skills

  
  Job Expectations:

  • Hybrid work schedule

  • This position is not eligible for Visa sponsorship

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$84,000.00 - $149,400.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:

20 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, geneti