About this role:

Wells Fargo is seeking a role of Senior Compliance Specilasit.

In this role, you will:

Establish, implement and maintain risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and Corporate Policy requirementsOversee the Front Line's execution and challenges appropriately on compliance related decisionsProvide oversight and monitoring of risk-based compliance programsDevelop and oversee standardsProvide subject matter expertise with comprehensive knowledge of business and functional areaProvide compliance risk expertise and consulting for projects and initiatives with moderate risk for a business line or functional areaMonitor reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk managementProvide direction to the business on developing corrective action plans and effectively managing regulatory changeProvide compliance risk expertiseConsult for projects and initiatives with moderate risk for a business lineIdentify and recommend opportunities for process improvement and risk control developmentProvide direction to the business on developing corrective action plans and effectively managing regulatory changeReport findings and make recommendations to management appropriate committeesInterpret policies, procedures, and compliance requirementsCollaborate and consult with peers, colleagues and managers to resolve issues and achieve goalsWork with complex business units, rules and regulations on moderate risk compliance mattersReceive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Required Qualifications:

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

Desired Qualification:

Handle the day to day control room activities and support the follow the sun coverage model;Maintain the Bank’s Watch List and Restricted List and liaise with the front line to obtain the deal updates;Review and facilitating the barrier crossing requests;Carry out review and investigation of potential violations of Control Room and personal investment related policies and procedures and work closely with Trade Surveillance for escalated cases;Manage the violation process including issuance of violation notice, escalation and maintain records on the violation for APAC Control Room;Support the development, rollout and administration of Control Room and personal account of related policies and procedures;Support the design and involve in the implementation, coordination, delivery and ongoing support for the APAC Control Room training;Provide supporting on MI and its reporting by preparing and maintaining control room activities related MI on regular and ad hoc basis, conducting review and analysis on the MI if requested by senior management or relevant parties.Provide support and work closely with other compliance teams and relevant functions on regulatory, internal audit, testing and validation engagement.Provide coverage on certain personal investment work in APAC including review and pre-clearance of personal trade request; andInvolve in global projects and system enhancement and provide support on other ad hoc tasks assigned by the line manager.

Job Expectations:

Strong interpersonal, communication (written and presentation) skills and organizational abilities are essential with an ability to liaise professionally and with diplomacy across all levels of staff in a clear manner.Strong technology skills.Strong project management skills, including ability to administer complex projects from inception to implementation.Ability to quickly learn business processes, including Compliance policies and procedures.High degree of initiative and strong ability to meet key responsibilities with limited direction and oversight.Strong relationship building and collaboration skills, proven experience working with senior bank management and/or regulators is helpful.Strong organizational and time management skills, with the ability to manage multiple responsibilities and tasks simultaneously.Proficiency in MS Office and MS Outlook.

Posting End Date: 

26 Feb 2025

*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:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.