Career Center
Alexandria, Virginia
Alexandria, VA
Posted: 23-Jan-23
Location: Minneapolis , Minnesota
Type: Full Time
Salary: $111,100 - 197,500
Internal Number: R-241963
About this role:
Wells Fargo is seeking a Lead Compliance Officer on the Independent Risk Management team of part of our Compliance team. This role will support CSBB Compliance for the Chief Administrative Office (CAO) providing business aligned compliance oversight over several strategic functions that drive CSBB’s transformation and help manage risk. Functions include strategic planning, process engineering, project management, and employee initiatives. In addition, this individual will be 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.
In this role, you will:
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Provide oversight and monitoring of business group risk-based compliance programs for consumer and small business deposit products and payment services
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Maintain compliance risk expertise and consulting for projects and initiatives with moderate to high risk, over multiple business lines
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Oversee the Front Line's execution and challenges appropriately on compliance related decisions
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Develop, oversee, and provide independent credible challenge to standards with subject matter expertise
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Provide direction to the business on developing corrective action plans and effectively managing regulatory change
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Identify and recommend opportunities for process improvement and risk control development
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Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
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Monitor the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management
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Oversee the Front Line's execution and challenges appropriately on compliance related decisions
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Interpret policies, procedures, and compliance requirements
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Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
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Work with complex business units, rules and regulations on moderate to high risk compliance matters
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Interface with Audit, Legal, Independent Testing, external agencies, and regulatory bodies on risk related topics
Required Qualifications, US:
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5+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
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Demonstrated experience implementing compliance programs that support adherence to financial services regulations and/or prudential regulatory guidance
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Experience identifying and assessing regulatory compliance risk for large complex financial institutions
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Knowledge and demonstrated experience applying consumer compliance laws and regulations, including UDAAP, Reg. E, FCRA, Privacy, BSA/AML, Reg. DD
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Experience with issue management and root cause analysis
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A BS/BA degree or higher, JD, or paralegal experience
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An active Certified Regulatory Compliance Manager (CRCM), or CAMS, or CIPP
Job Expectations:
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Willingness to work on-site at stated location on the job opening
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Advanced Microsoft Office skills
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Excellent verbal, written, and interpersonal communication skills
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Strong analytical skills with high attention to detail and accuracy
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Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
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Ability to exercise independent judgment to identify and resolve problems using the power of influence
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Demonstrated ability to efficiently condense complex information and scenarios to essential elements for executive recommendations & consumption
Locations:
- Charlotte, NC
- St. Louis, MO
- Minneapolis, MN
- West Des Moines, IA
- Irving, TX
- Tempe, AZ
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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or status as a protected veteran.
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5+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
