Lead Compliance Officer - CSBB Program and Governance

Company: Wells Fargo
Location: Saint Louis
Posted on: August 7, 2022

Job Description:

Job Posting Title: Lead Compliance Officer -CSBB Program and Governance Job Description Summary: 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. Job Description At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. About this role: Wells Fargo is seeking a Lead Compliance Officer. This Compliance Officer role within Consumer & Small Business Banking (CSBB) Program and Governance is an exciting opportunity to drive quality compliance risk management processes across CSBB. Specifically, this role will focus on Independent Risk Management Monitoring Program and Independent Testing & Validation Oversight. Learn more about the career areas and lines of business at .In this role, you will:

• Provide oversight and monitoring of business group risk based compliance programs
• Maintain compliance risk expertise and consulting for projects and initiatives with moderate to high risk, over multiple business lines
• 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
• Provide direction to the business on developing corrective action plans and 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
• Oversee the Front Line's execution and challenges appropriately on compliance related decisions
• 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 topicsRequired Qualifications, US:
  • 5+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:
    • Knowledge and understanding of consumer compliance laws and regulations
    • Demonstrated ability to efficiently condense complex information and scenarios to essential elements for executive recommendations & consumption
    • Demonstrated experience implementing compliance programs that support adherence to financial services regulations and/or prudential regulatory guidance
    • Experience identifying and assessing regulatory compliance risk for large complex financial institutions
    • A BS/BA degree or higher
    • An active Certified Regulatory Compliance Manager (CRCM) designation
    • Extensive experience in banking regulationsJob Expectations:
      • Willingness to work on-site at stated location on the job opening
      • Advanced Microsoft Office skills
      • Excellent verbal, written, and interpersonal communication skills
      • Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
      • Strong analytical skills with high attention to detail and accuracy
      • Ability to exercise independent judgment to identify and resolve problems using the power of influencePosting locations: Charlotte, NCMinneapolis, MNDes Moines, IADallas, TXSt. Louis, MOPhoenix, AZ Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered for current Wells Fargo employees. Job posting may come down early due to volume of applicantsWe 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, or status as a protected veteran. 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.

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