Join the World's Top Legal Talent Network

About This Role

Wells Fargo is seeking a Compliance Director in Corporate Risk as part of Compliance Conduct Risk. Learn more about the career areas and business divisions at wellsfargojobs.com . Compliance Conduct Risk is an independent risk management function responsible for establishing requirements and providing independent assessment of, and challenge to, front line management of conduct risks.

This Compliance Director will manage a team that is responsible for end-to-end allegations risk governance and oversight, including Conduct Risk oversight of the front-line Allegations Management Program, Allegations Element Ownership under the Compliance Program Policy, and allegations monitoring through the existing Allegations Independent Monitoring Group (AIMG).

In This Role, You Will

• Manage and lead the team with the implementation of the companywide compliance program with high risk complexity
• Manage and develop the execution and challenges on compliance related decisions
• Drive meetings with executive leadership in both the first and second line regarding Allegations-related topics and initiatives
• Set program standards and requirements through the maintenance of the Allegations Management Policy
• Direct and oversee complex regulatory environments including establishing standards
• Oversee the Front Line's execution and challenges appropriately on compliance related decisions
• Manage an aspect of the companywide compliance program for a business group or functional area with moderate risk and complexity, or oversee and monitor specific elements of the companywide compliance program
• Provide compliance risk and regulatory subject matter expertise for a defined set of moderate risk compliance program elements
• Recommend opportunities for process improvement and risk control development
• Identify reporting, escalation, timely remediation of issues and deficiencies or regulatory matters regarding compliance risk management
• Make decisions and resolve issues to meet business objectives
• Interpret policies, procedures, and compliance requirements
• Interface and foster relationships with corporate, business leaders, Legal, Audit, regulators, and industry partners on risk related topics
• Lead team to achieve objectives
• Manage allocation of people and financial resources for Compliance
• Develop and guide a culture of talent development to meet business objectives and strategy
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
• Identify and recommend opportunities for process improvement and risk control development
• Interface with Audit, Legal, external agencies, and regulatory bodies on risk-related topics

Required Qualifications:

• 8+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 4+ years of Management experience

Desired Qualifications:

• Financial services industry experience
• Demonstrated experience in identifying and managing conduct risks, including building and executing an Allegations Management program
• Ability to develop mentor and train less senior staff
• Ability to work across multiple lines of business leading large scale initiatives, while influencing senior management decisions
• Virtual leadership experience with the ability to effectively drive results, provide feedback, and manage and build relationships with leaders and employees in a geographically dispersed team environment
• Demonstrated experience in managing executive-level leadership meetings
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Ability to make timely and independent judgment decisions while positively navigating ambiguity and changing environments
• Excellent verbal, written, and interpersonal communication skills with an ability to articulate complex concepts in a clear manner
• Experience driving and leading organizational change in a dynamic environment
• Demonstrated experience in managing internal and external audit engagements or exams, including experience providing written responses
• Demonstrated experience identifying and designing controls for effectiveness while identifying control gaps and designing effective solutions
• A professional risk designation such as a Certified Risk Compliance Manager (CRCM), Certified Enterprise Risk Professional (CERP), Certified Fraud Examiner (CFE), Certificate in Operational Risk Management (ABA), Certificate in Risk Management (CRMA), Certified Risk and Compliance Management Professional (CRCMP), Certified Compliance & Ethics Professional (CCEP), or Certified Risk Professional Program (CRP)

Job Expectations:

• Ability to travel up to 10% of the time
• Willingness to work on-site at stated location on the job opening
• 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.

Posting End Date:

9 Jul 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.

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 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.

Reference Number

R-376992-2