Lead Compliance Officer

Compliance: As a part of Wells Fargo's second line of defense and Independent Risk Management team, covers jobs responsible for establishing, implementing, and maintaining risk standards and programs to drive compliance with federal, state, agency, legal, and regulatory and/or Corporate Policy requirements.
About this role: Wells Fargo is seeking a Lead Compliance Officer to advise, monitor, and challenge the Corporate and Investment Banking (CIB) business group in managing its regulatory compliance risk.
In this role, you will: Provide oversight and monitoring of CIB risk-based compliance programs.
Build and maintain compliance risk expertise applicable to CIB.
Assume primary responsibility for providing Compliance coverage for assigned Risk Assessable Units (RAUs) in CIB business lines.
Duties include participating in annual Risk and Control Self-Assessment (RCSA) workshops and providing oversight and challenge of change management activities applicable to assigned RAU(s) including assessing regulatory change impacts.
Become knowledgeable in all aspects of the compliance risk program for assigned RAUs, including applicable regulations (Major Compliance Requirements), design and implementation effectiveness of controls that mitigate regulatory risk, applicable issues tagged with compliance risk and associated corrective actions, and Independent Testing & Validation engagement.
Provide clear, concise, executive-level summaries of activities, verbally and in writing.
Proactively engage business, Control Management, and independent risk colleagues to effectively support compliance risk management activities.
Consult for projects and initiatives with moderate to high risk, over multiple business lines within CIB, including international regions.
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 challenge appropriately on compliance related decisions.
Provide direction to the business on developing corrective action plans.
Advise the business on 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.
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 Required Qualifications, US: 5+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: Knowledge of SEC/FINRA/MSRB and CFTC/NFA regulations applicable to the regulated entities in CIB, including broker dealers, swap dealer, futures commission merchant, security-based swap dealer, and municipal products dealer Compliance or Business experience in regulated entities FINRA license (active or lapsed) Juris Doctorate Degree Experience in managing Sr.
Management reporting activities and deliverables.
Experience developing, implementing, and monitoring a risk-based project and program from concept to completion.
Ability to articulate complex analytical concepts in a clear manner.
Ability to navigate a large and complex organization with a matrixed operating environment.
Ability to influence audiences or stakeholders, build credible relationships and lead discussions comfortably with senior levels of management.
Ability to execute in a fast-paced, high-demand, environment while balancing multiple priorities with a high degree accuracy and attention to detail.
Advanced Microsoft Office skills: In particular, the ability to create high quality presentations and expertise in PowerPoint Job Expectations: This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check.
Internal transfers are subject to comply 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.
Ability to travel up to 5% of the time.
This position offers a hybrid work schedule.
This position is not eligible for VISA sponsorship.
Job Locations: Charlotte, NC Minneapolis, MN 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.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities.
Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Drug and Alcohol Policy Wells Fargo maintains a drug free workplace.
Please see our Drug and Alcohol Policy to learn more.