Michael Estes
Midlothian,VA
Summary
Global audit executive with a proven track record in international business expansion, fraud investigation, and risk management for Fortune 200 companies. Expertise in developing innovative audit strategies tailored to specific market needs. A servant leader with a passion for operational excellence and continuous learning. Successful in establishing and integrating audit functions during acquisitions, spin-offs, and startups. Strong leadership capabilities that foster high-performing, committed teams.
Overview
37
37
years of professional experience
1
1
Certification
Work History
Vice President, Business Risk and Control Director
Wells Fargo Bank
Richmond, VA
12.2019 - Current
- Directed strategic initiatives for development, implementation, and continuous execution of new risk and control self-assurance testing and monitoring function within Commercial Banking.
- Directed risk assessments, designing and executing testing plans to reduce operational and compliance risks, recognizing and reporting control deficiencies, and engaging with business lines for effective issue management.
- Directed monthly reporting of Commercial Banking executive control results and accompanying analysis.
- Directed team reviewing over 8,000 Commercial Banking controls, collaborating with Control Owners to deliver insights during risk and control Workshops.
Program Audit Director
Genworth Financial
Richmond, VA
11.2017 - 11.2019
- Liaised with Genworth Corporate Audit Services (GCAS) Senior Leadership Team, overseeing SOX Compliance team operations
- Led team of professionals in conducting SOX IT and compliance audit engagements.
- Enhanced Board reporting framework for Chief Audit Executive
- Orchestrated comprehensive planning, coordination, and testing of SOX IT and business controls for US Long Term Care and Life Insurance, including all Annuities.
- Executed implementation of Workiva WDesk to optimize Risk and Controls processes.
- Partnered with Data Analytics Audit Director to formulate strategy for data analysis and monitoring tools.
- Established and managed executive relationship management program for designated business lines.
- Represented GCAS with the Enterprise Risk Management Group regarding all compliance testing for assigned business lines.
Audit Director
AECOM Technology Corporation
Richmond, VA
08.2009 - 11.2017
- Directed global audit Executive Leadership Team under AECOM Chief Audit Executive
- Led team of audit professionals in delivering international financial, IT, fraud, compliance, and operational audit engagements.
- Compiled comprehensive Board-level reports for VP of Audit.
- Oversaw Internal Audit Integration Team for $10B URS acquisition, blending two departments and collaborating with over 50 audit professionals from various nations and ethnicities.
- Partnered with Data Analytics Audit Director to deploy data analysis and monitoring tools, focusing on fraud and corruption
- Participated in AECOM Enterprise Risk Management team, engaging closely with ERM Director
- Executed more than 30 worldwide investigations into misconduct and/or fraud, partnering with Department for Ethics and Compliance.
- Experience utilizing Oracle ERP and Teammate audit workpaper software.
- Established and sustained global executive relationship management program for assigned business lines.
- Designed and deployed annual risk assessment and audit framework for various domestic and global geographies.
- Administered and optimized $6M departmental budget
- Teamed with EY and Internal Controls Department to refine financial and information technology SOX controls, lowering SOX hours by over 30% (approximately 4,000 hours).
Audit Manager
Performance Food Group
Richmond, VA
04.2006 - 08.2009
Audit Manager
Collegiate Funding Services
Fredericksburg, VA
07.2005 - 04.2006
Audit Manager
Fowler& Company, Ltd.
Richmond, VA
10.2002 - 07.2005
Operations Group Manager, Product Innovation Center
Capital One Financial Corporation
Richmond, VA
03.2002 - 09.2002
International Audit Manager
Capital One Financial Corporation
Nottingham, UK
01.1998 - 01.2002
Audit Supervisor
Capital One Financial Corporation
Richmond, VA
01.1995 - 01.1998
Audit Senior
Commonwealth of Virginia, Auditor of Public Accounts
Richmond, VA
06.1988 - 03.1995
Education
Bachelor of Science - Accounting
Longwood University
Farmville, VA05-1988
Skills
- Executive communication
- Strategic Planning
- Risk assessment and control testing
- SOX compliance
- Data analysis
- Operational auditing
- Financial reporting
Certification
- Certified Public Accountant
- Certified Information Systems Auditor
References
References available upon request.
Timeline
Vice President, Business Risk and Control Director
Wells Fargo Bank
12.2019 - Current
Program Audit Director
Genworth Financial
11.2017 - 11.2019
Audit Director
AECOM Technology Corporation
08.2009 - 11.2017
Audit Manager
Performance Food Group
04.2006 - 08.2009
Audit Manager
Collegiate Funding Services
07.2005 - 04.2006
Audit Manager
Fowler& Company, Ltd.
10.2002 - 07.2005
Operations Group Manager, Product Innovation Center
Capital One Financial Corporation
03.2002 - 09.2002
International Audit Manager
Capital One Financial Corporation
01.1998 - 01.2002
Audit Supervisor
Capital One Financial Corporation
01.1995 - 01.1998
Audit Senior
Commonwealth of Virginia, Auditor of Public Accounts
06.1988 - 03.1995
Bachelor of Science - Accounting
Longwood University
Similar Profiles
PATRICIA M. SCHERERPATRICIA M. SCHERER
Regional Bank Private Banker II at Wells Fargo Bank / Wells Fargo AdvisorsRegional Bank Private Banker II at Wells Fargo Bank / Wells Fargo Advisors
Andrew S. HollenbachAndrew S. Hollenbach
Collateral Valuation Analysis at Wells Fargo Home Mortgage and Wells Fargo Bank NACollateral Valuation Analysis at Wells Fargo Home Mortgage and Wells Fargo Bank NA
Frederick TulayFrederick Tulay
Commercial Banking Portfolio Associate at Wells Fargo Bank NA (Commercial Investment Bank-CIB)Commercial Banking Portfolio Associate at Wells Fargo Bank NA (Commercial Investment Bank-CIB)
Arian SaberniaArian Sabernia
Home Mortgage Sales Consultant at Wells Fargo Bank, N.A.Home Mortgage Sales Consultant at Wells Fargo Bank, N.A.
Tim LawsonTim Lawson
Supplier Relationship Management Director, Business Development Lead & Ethics Champion at SAICSupplier Relationship Management Director, Business Development Lead & Ethics Champion at SAIC