Lead Compliance Officer

About this role:

Wells Fargo is seeking a Lead Compliance Officer who will oversee compliance risk management activities for the COO Payment Operations Compliance program. Learn more about the career areas and lines of business at wellsfargojobs.com .

This Compliance Officerwill oversee compliance program execution in operational functions, management of regulatory changes and oversight of regulatory requirements under these horizontal compliance programs. This role will work across the enterprise requiring collaboration with various key stakeholders including Legal, Risk, Compliance partners and business leaders. This Compliance Officerwill be expected to apply proper attention and engagement to compliance matters and oversee the escalation and resolution of any compliance risk management issues within or applicable to the assigned group/function, driving consistent processes for end-to-end assessment and management of specific regulatory compliance risks across the enterprise, enabling Wells Fargo to demonstrate compliance with applicable laws, rules, and regulations. Successful candidates will bring a high degree of analytical skills and an ability to assess issues, make quick decisions, implement solutions, and influence change.

In this role, you will:

Provide compliance risk and regulatory expertise for compliance program elements.

Identify and recommend opportunities for process improvement and risk control development.

Lead the reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding compliance risk management.

Report on the Compliance Program to more experienced compliance leaders, committees, and appropriate business management.

Make decisions and resolve issues to meet business objectives.

Interpret policies, procedures, and compliance requirements.

Collaborate and influence all levels of professionals including managers.

Build relationships with corporate, business leaders, Legal, Audit, regulators, and industry partners on risk related topics.

Required Qualifications:

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

Desired Qualifications:

Advanced-level knowledge of Payment regulations at the federal (i.e., Reg E, Reg CC, etc.) and state level and associated compliance programs.

Experience designing and executing enterprise compliance programs, including regulatory change management, risk identification and assessment processes, compliance issue management, new product/business review, complaint handling, compliance monitoring and reporting, compliance training.

Organizational courage and willingness to make tough, informed decisions and thoughtfully share independent perspectives.

Effective communicator, both orally and in writing, able to ask well-crafted questions and present ideas in a clear and compelling manner, good listener who engenders creative thinking and teamwork.

Job Expectations:

Posting Location:

Minneapolis, MN

Charlotte, NC

St. Louis, MO

West Des Moines, IA

Irving, TX

Tempe, AZ

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

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$111,100.00 – $197,500.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits – Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

Health benefits

401(k) Plan

Paid time off

Disability benefits

Life insurance, critical illness insurance, and accident insurance

Parental leave

Critical caregiving leave

Discounts and savings

Commuter benefits

Tuition reimbursement

Scholarships for dependent children

Adoption reimbursement

Posting End Date:

26 Oct 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 units 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.

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.

Company: WELLS FARGO BANK

Req Number: R-403609-6

Updated: Tue Oct 22 00:39:40 UTC 2024

Location: WEST DES MOINES,Iowa