About this role:

Wells Fargo is seeking a Model Risk Audit Director (Quantitative Analytics Director) to lead the Model Risk Audit Team. This individual will provide leadership in the audit coverage of Wells Fargo's model risk management activities across the first and second lines of defense functions. The Model Risk Audit Director will be accountable for the strategy for, and execution of, auditing the firm's modeling related activities.

In this role, you will:

• Manage a team of audit staff responsible for delivering against the annual Model Risk Audit Plan

• Assess associated risks and controls and complete engagements within the Model Risk Audit Plan

• Plan and organize work in an annual cycle, not just the project cycle

• Ensure audit engagements are risk-based, and executed according to Internal Audit policies and guidance

• Build and maintain a proficient team of auditors

• Provide timely feedback, coaching and monitoring of development plans

• Develop and maintain excellent business relationships with leadership and other stakeholders, such as regulatory agencies

• Manage allocation of people and financial resources for Audit

• Develop and guide a culture of talent development to meet business objectives and strategy

Required Qualifications:

• 8+ years of Quantitative Analytical 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

• Master's degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, accounting, finance, economics, or computer science

Desired Qualifications:

• Extensive experience with executing and/or providing audit coverage of model risk management activities within financial institutions

• Strong understanding of model risk regulatory requirements/expectations, including SR11-7, SR11-12 and SR15-18

• Ability to identify and articulate verbally, and within written reports, gaps or deficiencies in the control environment, risks that need to be mitigated and why, and propose solutions for remediation

• Experience managing direct reports to execute an annual audit plan

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

• Strong understanding of financial regulatory environment

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

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

• Experience with Issue Validation and Remediation

• Excellent verbal, written, and interpersonal communication skills

Job Expectations:

• Ability to travel up to 10%

• 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.

$207,900.00 - $431,900.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) 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:

9 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, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-drug-and-alcohol-policy) to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

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

Req Number: R-436886