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About this role:
Wells Fargo is seeking a Senior Lead Regulatory Relations (RR) Specialist in the Chief Operating Office (COO) Regulatory Relations Team. The COO Regulatory Relations Team is responsible for leading end-to-end regulatory engagements impacting COO, including, but not limited to, regulatory examinations, supervisory meetings, information requests, and responses to regulatory findings.
The Senior Lead Regulatory Relations Specialist will function as primary contact for regulators for information requests and coordinate updates to regulators on remediation activities, as well as provide regulatory interaction support including meeting preparation, meeting facilitation and notes, and follow up actions for COO.
Experienced staff for this role may lead implementation of strategic initiatives with moderate to high risk and complexity, for COO and their relevant partners in the lines of defense. This role will require routine interaction with key business partners, including senior leaders, operations, control, risk and functional leaders, members of governance committees and the Regulatory Relations team.
Learn more about the career areas and lines of business at wellsfargojobs.com
In this role, you will:
Function as an advisor to senior leadership to develop or influence regulatory relations objectives, plans, specifications, resources, and long-term goals for highly complex regulatory commitments, engagements, and interactions across multiple groups, functions, and regulatory agencies
Lead the strategy and resolution of highly complex and unique regulatory relations challenges requiring in-depth evaluation across multiple areas or companywide, delivering solutions that are long-term, large-scale and require vision, creativity, innovation, advanced analytical and inductive thinking, and coordination of highly complex activities and guidance to others, ensuring appropriate accountability and interaction with regulators
Strategically engage with all levels of professionals and managers companywide and serve as an expert advisor to leadership, ensuring integrated approach for matters which cross functions or regulatory agencies
Lead projects, virtual teams, and serve as a peer mentor to ensure appropriate preparation, accountability, and consistent delivery on regulatory commitments, execution of regulatory relations policy and procedures, or other initiatives
Represent regulatory relations, in concert with business partners, before regulatory agencies on policy matters, responses, commitments, needs, and approach in adherence to policy and procedure
Research and assess internal and external regulatory environment to identify and report on themes, emerging trends, and risks, sharing insights with team and leadership to resolve concerns
Collaborate with partners to aggregate and report on regulatory actions for key stakeholders including executive leadership, the board of directors, and regulators to ensure consistency with strategy and approach
Required Qualifications:
7+ years of Regulatory Relations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Demonstrated experience managing response process for federal regulatory examinations across a broad range of regulatory subject matters, stakeholders and risk types
Knowledge and understanding of financial services industry: compliance, regulatory, or legal operations
Ability to synthesize trends in examinations across regulatory bodies, throughout the organization, and among peer institutions to provide holistic advice to leadership regarding business risks
Honed verbal and written communication skills with exceptional ability to negotiate and facilitate collaboration at all levels of the organization
Ability to communicate understanding across key stakeholders to drive efficient and concise execution of regulatory engagements
Job Expectations:
This position is not eligible for Visa sponsorship
This position offers a hybrid work schedule
Posting Location:
150 E 42nd St New York, NY
550 S 4th St Minneapolis, MN
2800 S Price Rd Chandler, AZ
401 S Tryon Street Charlotte, NC
2801 Market St, F & L Bldg St. Louis, MO
800 S Jordan Creek Pkwy West Des Moines, IA
The Chief Operating Office adheres to a location strategy; therefore, your candidacy may be determined based on your current location. Remote work locations are not available for these roles, so if you are not in a location listed on the posting, you must commit to relocation within an agreed upon timeframe.
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: 23 Nov 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.