About this role:Wells Fargo is seeking a Lead Compliance Officer in Corporate Risk as part of Technology Compliance. Learn more about the career areas and business divisions at wellsfargojobs.com . This Lead Compliance Officer is responsible for compliance monitoring and oversight of the Technology Function according to the Risk Management Framework and Compliance Program Policy.In this role, you will:
Provide oversight and monitoring of Third-Party Compliance including review of Third-Party engagement risk assessments and completion of the Third-Party Compliance assessments and coordination with other Compliance Subject Matter Experts (SMEs)
Conduct Business Aligned Compliance Officer (BACO) responsibilities including engagement in Risk and Control Self-Assessment Activities (RCSA)
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 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:
Third Party Program experience
Risk and Control Self-Assessment (RCSA) Program experience
Demonstrated technology risk, information security risk and business resiliency risk experience
Knowledge and understanding of domestic and international laws applicable to financial institutions technology, information security and business resilience functions
Ability to draft materials for senior management in a clear and concise manner in written form which will require strong PowerPoint and ability to consult and influence through these skills
Ability to adapt to changing and competing priorities in a continually evolving area of risk
Self-motivated, detail oriented, and organized to successfully work on several unrelated projects at the same time
Ability to independently provide credible challenge, while exercising sound judgment and professionalism, in order to address a broad spectrum of risk issues
Proven ability to influence without authority, cultivate relationships, and collaborate with multiple stakeholders, including business leaders, legal, and audit
Job Expectations:
Ability to travel up to 5% of the time
This position offers a hybrid work schedule
This position is not eligible for VISA sponsorship
Posting End Date:19 Mar 2024Job posting may come down early due to volume of applicants.We Value DiversityAt 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.Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.Company: WELLS FARGO BANKReq Number: R-348229-4Updated: Wed Mar 13 00:00:00 UTC 2024Location: SAINT LOUIS,Missouri
