About this role:
Wells Fargo is seeking a Senior Lead Compliance Officer to cover the Insurance, Venture Capital, and other groups within Finance. The Senior Lead Compliance Officer will perform compliance monitoring and oversight according to the Risk Management Framework and Compliance Program Policy. The Senior Lead Compliance Officer is accountable for assessment of applicable compliance obligations, control identification, and review and challenge of compliance-risk related controls and procedures. Learn more about the career areas and lines of business at wellsfargojobs.com .
In this role, you will:
- Lead oversight, governance, and monitoring of the bank's Insurance, Venture Capital and other businesses as assigned
- Engage with other Compliance Officers and multiple stakeholders in Independent Risk Management ("IRM") to oversee, advise, and credibly challenge on complex compliance risk matters in moderate to high-risk areas of Finance
- Willingness to take on or change coverage areas and learn new regulations as needed or directed by management to ensure complete compliance coverage
- Effectively use subject matter expertise of laws, rules, and regulations to ensure proper awareness and control of compliance risk
- Work extensively with Finance and IRM on regulatory initiatives to identify and document requirements for comprehensive regulatory source inventory
- Maintain deep subject matter expertise of laws, rules, and regulations which impact Senior Lead Compliance Officer's coverage area
- Monitor and independently challenge the reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding compliance risk management
- Provide regulatory compliance risk expertise and consulting for front line and IRM risk and control self-assessments ("RCSAs"), projects, and initiatives
- Interface with executive management, audit, legal, external agencies, and regulatory bodies on risk related topics
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- 7+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Deep subject matter expertise on bank regulations and willingness to quickly learn new regulations, laws, rules, or guidance. Expertise on 12 CFR 225 ("Regulation Y"), Volcker Rule, and 12 CFR Part 223 ("Regulation W") is desirable
- Ability to work independently with multiple stakeholders and directly with senior business leadership
- Comfortable providing reporting to senior managers at the appropriate level of detail
- Flexibility to manage through multiple priorities
- Ability to take initiative and work independently with minimal supervision in a structured environment
- Willingness to work on-site at stated location on the job opening
- Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.
- 401 S Tryon St Charlotte, NC
- 600 S 4th St, Minneapolis, MN
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
7 Apr 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.