About this role:
Wells Fargo is seeking a Lead Compliance Officer to support CSBB Compliance engagement in Audit and Examinations, Issues Management and Escalations. The role will work directly with CSBB Compliance Senior Leaders to plan, prepare and execute Audit and Exam responses for submission on behalf of CSBB Compliance. Learn more about the career areas and lines of business at wellsfargojobs.com.
In this role, you will:
- BACO responsible for coordinating all Audit and Examination requests, gathering artifacts and preparing responses on behalf of CSBB Compliance.
- Oversight of CSBB Front Line Compliance risk related Audit and Exam responses.
- Liaise with Regulatory Relations (Corp Risk and CSBB), Compliance Audit Relations Management and CSBB front line to enable consistent responses across engagements.
- Coordinates responses to the Corporate Risk Control team for CSBB Compliance Owned Issues and Corrective Actions.
- Assist CSBB Compliance in opening Compliance Owned Issues as well as Issues opened by CSBB Compliance regarding CSBB front line deficiencies identified through independent second line monitoring, and CSBB Compliance oversight routines.
- Coordinate Escalation reviews to determine Compliance impact and complete the potential violation of law review.
- Provide oversight and monitoring of business group risk based compliance programs
- Maintain compliance risk expertise and consulting for projects and initiatives with moderate to high risk, over multiple business lines
- 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
- Provide direction to the business on developing corrective action plans and effectively managing regulatory change
- Report findings and make recommendations to management and appropriate committees
- Identify and recommend opportunities for process improvement and risk control development
- Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
- Monitor the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management
- Oversee the Front Line's execution and challenges appropriately on compliance related decisions
- 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
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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
- Experience managing work requests across multiple lines of businesses, supporting inquiries from audit teams, governance and quality assurance functions and external agencies
- Ability to influence all levels of professionals and managers to obtain the best solutions
- Experience in Internal Audit and/or as a Regulatory Examiner
- Demonstrated ability to build and maintain strong relationships with key stakeholder groups including executive management, internal and external auditors
- Excellent verbal, written, and interpersonal communication skills, including the ability to articulate complex concepts in a clear manner across all levels of the organization
- Certified Regulatory Compliance Manager (CRCM)
- Solution-oriented mindset with experience developing process improvement strategies
Locations:
- NC-Charlotte: 401 S Tryon St - Charlotte, NC
- MN-Minneapolis: 600 S 4th St - Minneapolis, MN
- Ability to travel up to 5% of the time
- This position offers a hybrid work schedule
- This position is not eligible for VISA sponsorship
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.
$111,100.00 - $197,500.00
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
13 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.