Compliance Specialist

About this role:

Wells Fargo is seeking a Compliance Specialist for the Implementation and Monitoring team as part of Corporate Compliance Regulatory Change Management (CRCM). Learn more about the career areas and lines of business at wellsfargojobs.com.

The Implementation and Monitoring team is dedicated to ensuring that Wells Fargo’s regulatory changes are implemented by supporting the CRCM’s operations, efficiency gains, assurance of enterprise policy and procedures adherence, and maintain quality and control standards.

In this role, you will:

• 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 to challenge appropriately on compliance related decisions.
• Support the oversight or monitoring of a risk-based compliance program.
• Support developing oversight standards requiring 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 business units and Business Aligned Compliance to define a 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 regulatory changes.
• Provide direction to the business on developing corrective action plans and effectively managing regulatory changes.
• Provide support in reporting gaps or deficiencies and drafting recommendations to management.
• Support and implement initiatives with low to moderate risk.
• Interact with stakeholders to support risk oversight and monitoring.
• Manage and ensure accuracy and timely updating of data.
• Troubleshoot system issues to determine root cause and recommend solutions.
• 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:

• 2+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• 2+ years of financial services industry experience.

Desired Qualifications:

• 2+ years of process design and optimization experience.
• Strong analytical skills, critical thinking with problem solving competency.
• Experience collaborating and building strong relationships across multiple stakeholder groups.
• Effective communication and presentation skills for varying levels of information.

Job Expectations:

• Ability to work at one of the approved locations in the job posting. Relocation assistance is not available for this position.
• This position is not eligible for visa sponsorship.
• This position offers a hybrid schedule.
• This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance 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.
• 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.

Locations:

• 401 South Tryon Street - Charlotte, North Carolina
• 250 East John Carpenter Freeway - Irving, Texas
• 600 South 4th Street - Minneapolis, Minnesota
• 114 North Beaumont Street – Saint Louis, Missouri

U.S. Only – Pay Range:

Minneapolis – Minnesota: $63,600.00 - $113,000.00 USD annual

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.

Posting End Date:

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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.

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.