Senior Lead Compliance Officer

About this role: Wells Fargo is seeking a Senior Lead Compliance Officer in Corporate Risk as part of Corporate & Investment Banking (CIB) Compliance.
Learn more about the career areas and business divisions at wellsfargojobs.
com .
This Senior Lead Compliance Officer will be responsible for ensuring that the Compliance Program appropriately addresses the regulatory risks relative to all of CIB's business activities and ensure the appropriate teams are engaged.
This role will also provide advice and guidance to management on the implications of compliance trends and issues affecting the business related to the multiple regulators such as FINRA, SEC, NFA, and CFTC.
In this role, you will: 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 Work with complex business units, rules, and regulations on moderate to high-risk compliance matters Monitor and independently challenge the reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding compliance risk management Provide direction to the business on developing corrective action plans and effectively managing regulatory change Develop, oversee, and provide expert business and regulatory compliance functional knowledge Provide regulatory compliance risk expertise and consulting for projects and initiatives with high risk over multiple business lines Identify and recommend opportunities for process improvement and risk control development Consult and engage business on developing corrective action plans and effectively managing regulatory change Report findings and make recommendations to management or directors and appropriate committees 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: 7+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: Expert-level knowledge of the Broker-Dealer and Swap Dealer Regulators including but not limited to: the OCC, SEC, FINRA, Federal Reserve, NFA, and CME and associated compliance programs Experience in Swap Dealer, Broker-Dealer and Futures Commission Merchants activities Deep understanding of the ever-evolving governance and regulatory environments as well as industry and compliance risk-related best practices Strong analytical, critical thinking and problem-solving skills, coupled with an ability to translate ambiguous ideas/issues into well-defined plans/solutions with a track-record for delivering results Effective communicator, both orally and in writing, able to ask well-crafted questions and present ideas in a clear and compelling manner; good listener who engenders creative thinking and teamwork Ability to develop and articulate sound proposals to key stakeholders and an ability to influence and drive timely decision-making Proven ability to cultivate relationships and collaborate with multiple stakeholders and constituencies, including business leaders, legal, audit and multiple U.
S.
and non-U.
S.
regulators A master's degree, Master of Business Administration (MBA) or Juris Doctor (JD) Job Expectations: Ability to travel up to 10% of the time This position offers a hybrid work schedule This position is not eligible for VISA sponsorship 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.
Pay Range $144,400.
00 - $300,000.
00 Benefits Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future.
Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.
401(k) Plan Paid Time Off Parental Leave Critical Caregiving Leave Discounts and Savings Health Benefits Commuter Benefits Tuition Reimbursement Scholarships for dependent children Adoption Reimbursement Posting End Date: 15 Mar 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.