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Wells Fargo Bank: Principal auditor model risk

Wells Fargo Bank

This is a Full-time position in Englewood, NJ posted March 31, 2020.

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 want to satisfy our customers?

financial needs and help them succeed financially.

We?re looking for talented people who will put our customers at the center of everything we do.

Join our diverse and inclusive team where you?ll feel valued and inspired to contribute your unique skills and experience.Help us build a better Wells Fargo.

It all begins with outstanding talent.

It all begins with youInternal Audit conducts audits and reports the results of our work to the Audit & Examinations Committee of the Board of Directors.

We provide independent, objective assurance and consulting 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) audit team 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.This position resides on the Model Risk Audit Team which 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.??Specific Duties: Performs auditor-in-charge and supervisory role for the most complex assigned audits within one or more segments of the Audit Plan.

Leads timely planning and execution of an assigned audit project.

Manages projects ranging in size and complexity based upon level of experience.

Provides timely reviews and feedback of audit work to audit staff.

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.?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.) Desired Qualifications Experience at a financial institution or accounting firmA BS/BA degree or higherSolid knowledge and understanding of audit or risk methodologies and supporting toolsCertification in one or more of the following: CPA, CAMS, CRCM, CIA, CISA or Commissioned Bank Examiner designationAbility to execute in a fast paced, high demand, environment while balancing multiple prioritiesAbility to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are importantExcellent verbal, written, and interpersonal communication skillsGood analytical skills with high attention to detail and accuracySolid problem solving skillsStrong organizational, multi-tasking, and prioritizing skills Other Desired Qualifications Experience leading and providing feedback to staff on audit projects or engagements.

Similar to Auditor in Charge responsibilities.

Issue validation and remediation experience Model and model risk understanding and experience Knowledge and experience in capital markets, stress testing, credit risk, market risk, counterparty credit risk, liquidity risk, operational risk, treasury, capital management, BASEL, balance sheet, interest rate and trading Portfolio management, investment strategy, broker/dealer operations, wealth management, fiduciary and trust servicesJob Expectations Ability to travel up to 10% of the time Street Address NC-Charlotte: 1525 W Wt Harris Blvd Charlotte, NCNC-Charlotte: 301 S College St Charlotte, NCCO-Denver: 1700 Lincoln St Denver, COIA-West Des Moines: 1776 Westlakes Pkwy West Des Moines, IAMN-Minneapolis: 600 S 4th St Minneapolis, MNCA-SF-Financial District: 420 Montgomery San Francisco, CA 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.