Internal Audit is a nightmare at Wells - Senior Internal Auditor Wells Fargo Employee Review

2.0
Nov 23, 2021
Recommend
CEO approval
Business Outlook

Pros

Pay is very competitive and benefits are good

Cons

I quit Wells in 2020. Internal Audit at Wells has had a MAJOR exodus of people leaving in 2019-2021 because of several reasons. You have to log all your time and meet productivity requirements. Meetings, trainings, don’t count. You have to somehow reach a 96% efficiency. It’s kind of like being in work prison. There is little to no chance of advancement. You have to invest years here before you are even considered. Favoritism abounds here. The audit process and systems are so complicated And convoluted, you’re going to be confused 99% of the time. Everything is always changing. Processes , templates, methodologies….everything. All the senior management are so worried about career advancement they undertake projects to improve things. That creates a HUGE mess. The company is so big and there are so many different lines of business it’s always chaotic and crazy. Too much to know and too little time focusing on actual audit work. Roles are never defined and you never know what you are responsible for. Too much work and not enough down time. You can’t reach out and contact people. You will get reprimanded for contacting the wrong people and asking a question. Everyone is kept fearful of senior management.

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5.0
Jun 3, 2026
Recommend
CEO approval
Business Outlook

Pros

The role is exciting in that you get to meet new people and open accounts for them and you have your own office space to help your customers

Cons

The required 6 day work week was not communicated properly and thus resulted in a bit of distrust towards the recruiter and then the company leadership as a whole

4.0
Dec 1, 2014
Recommend
CEO approval
Business Outlook

Pros

Benefits (but cost creeping up and coverage creeping down each year), Good Morale Both Management and Coworkers, and Honestly a Great Company.

Cons

Cross Selling is the only focus now, firing employees who are great at their job in every area that should matter but if the cross selling results are not meeting the ever ridiculous quota (which continues to rise) than you may not have a job next month. Expectation for customers to say yes to cross selling, leaving you with no real control of your job security. Stress!

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