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About This Role

Wells Fargo is seeking a Lead Compliance Officer to join the Home Lending Originations Compliance team. Learn more about the career areas and lines of business at wellsfargojobs.com

The Lead Compliance Officer will support and provide compliance oversight to Home Lending Processing and Underwriting related areas, including oversight of business processes and initiatives, issue management, providing expertise and challenge to the business daily and providing consulting and oversight for implementation projects and testing. The Lead Compliance Officer will also participate in testing and exam activities, coordinating responses, maintaining knowledge of processes and controls as well as overseeing performance of those processes and controls, creating reporting for leaders, and communicating updates to stakeholders. This role may also participate in special projects supporting the compliance team.

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
• 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

• Strong understanding of mortgage business processes, regulations, and mortgage risk management systems
• Experience managing engagements with regulators and auditors
• Experience with regulations related to Marketing processes and Marketing business knowledge
• Understanding of banking risk and control systems and issue management processes
• Ability to communicate complex concepts in a clear, simplified manner to executive leadership and law department partners
• An active Certified Regulatory Compliance Manager (CRCM) designation
• Strong background with mortgage consumer protection regulations including TILA, FCRA, ADA, RESPA, and Privacy

Job Expectations

• Locations:
• NC-Charlotte: 401 S Tryon St - Charlotte, NC
• TX-Irving: 250 E John Carpenter Frwy - Irving, TX
• IA-West Des Moines: 800 S Jordan Creek Parkway - West Des Moines, IA
• MN-Minneapolis: 600 S 4th St - Minneapolis, MN
• AZ-Tempe: 1150 W Washington St - Tempe, AZ
• MO-Saint Louis: 114 N Beaumont - Saint Louis, MO
  • This position offers a hybrid work schedule
  • Required location(s) listed above. Relocation assistance is not available for this position.
  • This position is not eligible for Visa sponsorship

Posting End Date:

8 Sep 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-396101-3