Compliance, as part of Wells Fargo's second line of defense and Independent Risk Management team, covers jobs responsible for establishing, implementing, and maintaining risk standards and programs to drive compliance with federal, state, agency, legal, and regulatory and/or Corporate Policy requirements.

About this role:

Wells Fargo is seeking a Senior Compliance Specialist to help develop, implement, and support the oversight of the effective and consistent execution of certain core elements of the Compliance Program Policy across the Conduct Risk (“CR”) and Enterprise Compliance Operations (“ECO”) teams. CR is an independent risk management function responsible for establishing requirements and providing independent assessment of, and challenge to, front line management of conduct risks. ECO is comprised of nine underlying teams which are highly operational in nature and are responsible for overseeing and implementing enterprise-wide compliance policies and procedures, including but not limited to Global Control Group, Personal Account Dealing, Equity Aggregation, Securities Registration, Insurance Licensing, and Outside Activity Pre-clearance. These compliance teams cover all the firms’ lines of business and corporate functions globally as they relate to the underlying team responsibilities. The Lead Compliance Officer will support the CR and ECO teams in developing risk mitigation strategies, including but not limited to self-assurance activities, risk indicators, regulatory exam and testing engagements.

In this role, you will:

• Support the metrics and self-assurance activity governance process for CR and ECO to support the identification, development, implementation and tracking of risk indicators and self-assurance activities
• Support CR and ECO teams with requests related to front line Reg exams, audit and independent testing
• Track testing engagements for planning purposes that will create and produce meaningful insights across CR and ECO teams
• Ensure appropriate and timely identification and escalation of issues and emerging risks
• Support the development, implementation and oversight of complex compliance and regulatory initiatives including establishing standards and controls
• Provide compliance risk and regulatory subject matter expertise for a defined set of high and moderate risk compliance program elements
• Recommend opportunities for process improvement and risk control development
• Identify reporting, escalation, timely remediation of issues and deficiencies or regulatory matters regarding compliance risk management
• Provide direction to the business on developing corrective action plans and effectively managing regulatory change and monitor the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters
• Establish, implement and maintain risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and Corporate Policy requirements
• Maintain compliance risk expertise and consulting for projects and initiatives with moderate to high risk, over multiple business lines
• Identify and recommend opportunities for process improvement and risk control development
• Interpret policies, procedures, and compliance requirements
• Foster relationships with business leaders, Legal, Audit, regulators, and industry partners on risk related topics
• Actively participate as a key member of the CR and ECO Program and Governance Execution leadership team and other Compliance Risk Management governance meetings and committees as required
• Provide oversight and monitoring of business group risk-based compliance programs

Required Qualifications, US:

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

Desired Qualifications:

• Financial services industry experience, either in a Compliance or Operational Risk role
• Experience with metrics governance and reporting and/or independent controls testing
• Strong analytical skills with high attention to detail and accuracy
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Ability to work across multiple lines of business leading large scale initiatives
• Excellent verbal, written, and interpersonal communication skills, including the ability to articulate complex concepts in a clear manner
• Experience communicating in both written and verbal formats with Management
• Advanced Microsoft Office skills

Job Expectations:

Locations:

• 401 S Tryon Street, Charlotte, NC 28202
• 250 E John Carpenter Frwy, Irving, TX 75062
• 600 S 4th Street, Minneapolis, MN 55415
• 800 S Jordan Creek Pkwy, West Des Moines, IA 50266
• 114 N Beaumont Street, Saint Louis, MO 63103
• Willingness to work on-site at stated location on the job opening
• This position offers a hybrid work schedule
• Required location(s) listed above. Relocation assistance is not available for this position.
• This position is not eligible for Visa sponsorship
• This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance 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
• Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

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.

Posting End Date:

*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.