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About This Role

Wells Fargo is seeking a Senior Lead Compliance Officer in Corporate Risk as part of Home Lending Compliance. Learn more about the career areas and business divisions at wellsfargojobs.com .

This Senior Lead Compliance Officer assist the team developing best practices, driving strategic initiatives, and providing regulatory expertise in Home Lending Performing Servicing . This compliance officer will be is responsible for the strategic management and execution of the implementation of Enterprise Compliance requirements and identifying efficiencies within the Compliance and business teams. With exceptional knowledge of both Compliance Program requirements and Mortgage Servicing regulations, the Senior Lead Compliance Officer in this key role is knowledgeable and well versed in the connectivity of compliance program elements and mortgage servicing processes, can influence business leadership through effective risk-based compliance analysis, and produces data driven compliance monitoring outcomes that can drive leaderships insight into business performance and risks.

In This Role, You Will

• Develop best practices, enhance the risk-based compliance program to assure compliance with federal, state, agency, legal and regulatory requirements.
• Interact with cross-functional Leaders to influence outcomes, address conflicts, and ensure alignment with Wells Fargo's Compliance Program Policy, and be a central point of contact for Risk Measurement and Assessment escalations.
• Establish, implement, and maintain risk appetite, risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and Corporate Policy requirements.
• Make decisions and resolve issues to meet business objectives.
• Build relationships with corporate, business leaders, Legal, Audit, CRO, Operations Risk partners, Control, regulators, and industry partners on risk related topics.
• Develop and execute business objectives and strategy.
• Provide oversight and governance of a business group or manage companywide compliance programs.
• 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:

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

Desired Qualifications:

• Ability to think strategically and align compliance initiatives with the overall business strategy of the organization.
• Innovative mindset with the ability to find creative ways to streamline compliance process, automate repetitive task, leverage emerging technologies to enhance compliance effectiveness.
• Proficiency in using technology tools and software to monitor and manage the compliance process effectively, including creating dashboards and reporting materials.
• Experience working with prudential regulators including CFPB, OCC, and FRB
• A Certified Regulatory Compliance Manager (CRCM) or Juris Doctorate (JD)
• Ability to articulate complex concepts in a clear manner including succinct writing skills geared for executive management presentations.
• Knowledge and understanding of mortgage lending Laws, Rules, and Regulations
• Ability to exercise independent judgment and creative problem-solving techniques
• Ability to review and monitor issues and corrective actions relating to regulatory compliance
• Proven track record of building and maintaining strong working relationships and coordinating with stakeholders to achieve goals
• Strategic vision to drive and execute change both with partners and amongst their team
• Experience executing and supporting risk management and compliance risk programs.
• Understanding of banking risk and control systems and issue management processes.

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:

23 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.

Wells Fargo Recruitment And Hiring Requirements

• Third-Party recordings are prohibited unless authorized by Wells Fargo.
• Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Reference Number

R-384432-3