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At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.Corporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk.The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.Within Wells Fargo Compliance, the Enterprise Testing group is responsible for establishing and maintaining a consolidated Enterprise Testing program at the corporate level. Enterprise Testing is responsible for developing a common methodology and standards, providing governance and oversight, executing testing; and conducting horizontal reviews. Testing and validation teams are responsible for implementing the Enterprise Testing methodology and standards, and executing group- specific testing.Wholesale Testing and Validation (T&V), within Enterprise Testing (ET), is seeking a Compliance Consultant 4 to lead and assist with the development and execution of testing and issue validation activities, including independently assessing the design and operating effectiveness of Commercial Banking business controls in accordance with Enterprise and Wholesale standards and Line of Business (LOB) specific requirements.Specifically, this Compliance Consultant 4 will:
Lead and coach other team members throughout multiple concurrent reviews.
Establish and maintain strong relationships across Wholesale Testing & Validation teams, Wholesale lines of business, and Wells Fargo Audit Services (WFAS).
Lead and/or participate in planning, scoping, executing and reporting on regulatory and policy requirement testing and issue validation reviews.
Conduct interviews within the lines of business to develop a strong understanding of relevant processes and controls that mitigate risk of regulatory and policy non-compliance.
Document process walk-throughs that clearly and concisely explain the key process steps and how they are performed.
Complete timely and efficient tests to support conclusions on the design and performance of controls and overall effectiveness of the control environment to ensure regulatory and policy compliance.
Complete issue validation activities to assess the adequacy of corrective actions that address the risk and control issues identified during compliance testing reviews.
Document test steps and results in a clear and concise manner that support the work completed and can be easily understood by an independent person.
Review testing documentation and results completed by team members on reviews and provide feedback to ensure work papers are fully supported.
Communicate testing results to management, at the appropriate time and with the necessary level of detail, to ensure no surprises.
Create recommendations for improvement of processes and/or controls to remediate deficiencies and work with LOB stakeholders and internal risk partners to ensure appropriate corrective actions are defined to resolve weaknesses.
Ensure alignment of controls, procedures, and testing to compliance requirements, policies, and practices.
Required Qualifications:
6+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both
Desired Qualifications:
Advanced Microsoft Office skills
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy
Ability to interact with all levels of an organization
3+ years of commercial real estate experience
Ability to travel up to 10% of the time
Job Expectations:
Ability to travel up to 10% of the time
How to Express Interest in This Job: Wells Fargo invites you to apply for this job at https://employment.wellsfargo.com/psc/PSEA/APPLICANTNW/HRMS/c/HRSHRAMFL.HRSCGSEARCHFL.GBL?Page=HRSAPPJBPSTFL&FOCUS=Applicant&SiteId=1&JobOpeningId=5511013&PostingSeq=1.All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.Relevant military experience is considered for veterans and transitioning service men and women.Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.Relevant military experience is considered for veterans and transitioning service men and women.Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
