Senior Lead Compliance Officer - Conflicts Strategy

About this role :

Wells Fargo is seeking a Senior Lead Compliance Officer as a part of Conduct Risk. Conduct Risk is an independent risk management function within Compliance responsible for establishing requirements and providing independent assessment of, and challenge to, front line management of conduct risks.

This position will serve to coordinate, build, and execute the strategies and drive the initiatives to improve second line conflicts of interest risk management.

The Senior Lead Compliance Officer (SLCO) will report to the head of COI Governance and Oversight and engage with team managers and other key stakeholders, to identify new processes, process changes, or projects needed to improve the effectiveness and efficiencies of risk management practices.

This SLCO will serve as a delegate or extension of the team managers and the head of COI Governance and Oversight to hold meetings, execute strategic plans, drive efforts, and meet with key contacts and team stakeholders to move improvements forward.

In this role, you will :

• Provide oversight and governance of a business group or manage companywide compliance programs
• Establish, implement and maintain risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and Corporate Policy requirements
• Oversee the Front Line's execution and challenges appropriately on compliance related decisions
• Develop, oversee, and provide independent credible challenge to standards with subject matter expertise
• Work with complex business units, rules and regulations on moderate to high-risk compliance matters
• Monitor and independently challenge the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management
• Provide direction to the business on developing corrective action plans and effectively managing regulatory change
• Develop, oversee, and provide expert business and regulatory compliance functional knowledge
• Provide regulatory compliance risk expertise and consulting for projects and initiatives with high risk over multiple business lines
• Identify and recommend opportunities for process improvement and risk control development
• Consult and engage business on developing corrective action plans and effectively managing regulatory change
• Report findings and make recommendations to management or directors and appropriate committees
• Make decisions and resolve issues to meet business objectives
• Interpret policies, procedures, and compliance requirements
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
• Work with complex business units, rules and regulations on moderate to high-risk compliance matters
• Interface with Audit, Legal, external agencies, and regulatory bodies on risk related topics

Required Qualifications :

7+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following : work experience, training, military experience, education

Desired Qualifications :

• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
• Virtual leadership experience with ability to effectively drive results, provide feedback / direction, and manage and build relationships with leaders and team members in a geographically dispersed team environment
• Ability to negotiate, influence, and collaborate to build successful relationships
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment
• Excellent verbal, written, and interpersonal communication skills
• Ability to prepare and present senior level communications
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
• Experience working for one of the Federal regulatory agencies
• 3+ years of risk policy creation experience
• Experience in Information and Cyber Security
• Certified Risk Compliance Manager (CRCM)
• Certificate in Operational Risk Management (ABA)
• Certificate In Risk Management (CRMA)
• Certified Risk And Compliance Management Professional (CRCMP)
• Certified Compliance & Ethics Professional (CCEP)
• Certified Risk Professional Program (CRP)
• Certified Enterprise Risk Professional (CERP)
• Six Sigma Certification
• Project Management Professional (PMP)

Job Expectations :

• This role is not eligible for visa sponsorship. This includes all candidates requiring immediate sponsorship of H1-B, TN or E-3 visas as well as future sponsorship of STEM (F-1 / OPT) visas.
• Must be willing to work on site in one of the following locations : Charlotte, NC; Irving, TX; St. Louis, MO; Minneapolis, MN;

West Des Moines, IA; Tempe, AZ. No other locations will be considered.

This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check.

Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification.

Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

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.

$144,400.00 - $300,000.00

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 Oct 2024

20 Oct 2024

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 .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our 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.