About this role:
Wells Fargo is seeking a Lead Compliance Officer on the Credit Card Compliance Team as part of Consumer Lending Compliance Team. Learn more about the career areas and lines of business at wellsfargojobs.com .
This business-aligned compliance officer role is responsible for independent compliance oversight of the Credit Card business, which offers products and services including cashback, travel rewards and balance transfer targeting a broad consumer base .
In this role, you will:
- Serve as trusted strategy compliance partner to the Credit Card business, providing guidance, oversight and challenge to ensure regulatory compliance while enabling business objectives (e.g., interpret regulations, determine applicability and provide insightful actions.
- Provide expertise on applicable laws, regulations, policies and procedures as applicable to the business (e.g., Reg Z, UDAAP, ECOA, FCRA etc.)
- Advise business on regulatory expectations and best practices
- Interpret new or updated regulations and regulatory enforcement actions to assess impact on Credit Card business
- Review and ensure appropriate controls are in place to mitigate compliance risks.
- Partner and collaborate with business, controls, corporate risks, and legal teams to integrate compliance into business strategies.
- Conduct risk assessments to identify compliance gaps and recommend mitigation strategies.
- Regulatory Change Management: Monitor, manage and implement regulatory change initiatives (e.g., CFPB, OCC, FRB) and assess their impact on the Credit Card business.
- Issue management: (issue identification intake, tollgate, and Issue Closure): Role will provide compliance risk support to issues and provides timely advice and credible challenge to the business
- Third Party Risk Management: Provide compliance risk advisory to the business by ensuring external vendors, service providers and other third parties comply with regulatory requirements and internal policies and procedures. Activities include assessing processes the third party will perform for WF, assessing compliance risks associated with those activities and ensuring the third party meets the regulatory requirements.
- Exam/Internal Testing support: Provide compliance risk support to internal and external testing teams. Activities include reviewing testing scope, providing regulatory requirements, reviewing testing workpapers, reviewing issues and working with the business to mitigate any identified issues.
- Compliance Program Support: Assist in the development, implementation and enhancement to the Wells Fargo Compliance Program. Activities include support compliance or business-related governance forums, review, policies, procedures
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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
- Knowledge and understanding of Consumer Credit Card products and/or industry knowledge related to credit card lending.
- Experience interpreting and applying state, federal, and agency legal and regulatory compliance requirements specific to Consumer lending including but not limited to Regulation Z, Regulation B, Fair Credit Reporting Act, CAN SPAM, UDAAP, SCRA, MLA, and Fair Lending.
- Experience in risk management and regulatory compliance
- Knowledge and understanding of lending policies, regulations, and compliance
- Active Certified Regulatory Compliance Manager (CRCM) designation
- Experience developing, implementing, and monitoring a risk-based compliance program to assure compliance with federal, state, agency, legal and regulatory requirements or providing oversight to a compliance function.
- Ability to review and monitor issues and corrective actions relating to regulatory compliance
- Proven track record of building and maintaining strong working relationships and coordinating with stakeholders to achieve goals
- This position offers a hybrid work schedule.
- Willingness to work onsite at stated location on the job posting.
- This position is not eligible for VISA sponsorship.
- Ability to travel up to 5% of the time
- Three Wells Fargo Center, 401 S Tryon St, Charlotte, NC
- 600 Wells Fargo, Minneapolis, 600 S 4th St, Minneapolis, MN,
- West Des Moines Campus, 800 S Jordan Creek Pkwy, West Des Moines, IA,
- 250 E John Carpenter Frwy, Irving, TX
- D Building, 114 N Beaumont St - D Bldg., Saint Louis, MO
- 1150 W Washington, Tempe, AZ
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
30 Mar 2025
* 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.