Wells Fargo is seeking a Senior Compliance Specialist in Corporate Risk as part of Compliance Quality Assurance. This role will be an individual contributor on the Compliance Quality Assurance team. Similar to Audit testing, the Quality Assurance team performs reviews of the quality of design and execution for Compliance processes, controls, milestones, etc. The Quality Assurance team provides the Chief Compliance Officer a view into the quality of execution (i.e. timeliness, data quality, policy/process adherence, etc.) of Compliance Processes and controls supporting the Compliance Program. Learn more about the career areas and lines of business at wellsfargojobs.com .
In this role, you will:
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
Support the oversight or monitoring of a risk-based compliance program
Provide support in developing and overseeing standards with some business and functional knowledge
Provide compliance risk insight and support projects and initiatives with low to moderate risk for a business line or functional area
Work with a business unit, a defined set of rules and regulations on low to moderate risk compliance matters
Support 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
Provide support in reporting findings and drafting recommendations to management
Support and implement initiatives with low to moderate risk
Interact with team to support risk oversight and monitoring
Manage and ensure accuracy of data
Troubleshoot system issues to determine root cause
Research and implement new regulatory rules and manage other Registration Team related projects
Identify and recommend opportunities for process improvement and risk control development
Establish and maintain effective relationships with various teams
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
Interact with internal customers
Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
Required Qualifications:
4+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
2+ years of Audit, Testing, or Quality Assurance experience
1+ years of experience writing test scripts and executing test scripts
Knowledge and understanding of process controls, to include control design and or execution
Ability to influence and collaborate at all organizational levels, particularly senior management
Excellent verbal, written and interpersonal communication skills
Experience preparing and delivering presentations, management reporting, and analysis
Strong analytical skills with high attention to detail and accuracy
Ability to interact with all levels of an organization
Ability to work effectively, as well as independently, in a team environment
Ability to develop partnerships and collaborate with other business and functional areas
Experience delivering results in a fast-paced, deadline driven environment
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
A Bachelor's Degree or higher
Job Expectations:
Locations:
401 S Tryon Street - Charlotte, NC
600 Wells Fargo - Minneapolis, MN
800 S Jordan Creek Pkwy - West Des Moines, IA
250 E John Carpenter Frwy - Irving, TX
1150 W Washington Street - Tempe, AZ
114 N Beaumont St - St Louis, MO
This position offers a hybrid work schedule.
Required locations listed above. Relocation assistance is not available for this position.
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. $84,000.00 - $149,400.00 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: 14 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.