About this role:

Wells Fargo is seeking a Senior Compliance Specialist

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 requirements

Oversee the Front Line's execution and challenges appropriately on compliance related decisions

Provide oversight and monitoring of risk-based compliance programs

Develop and oversee standards

Provide subject matter expertise with comprehensive knowledge of business and functional area

Provide compliance risk expertise and consulting for projects and initiatives with moderate risk for a business line or functional area

Monitor 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

Provide compliance risk expertise

Consult for projects and initiatives with moderate risk for a business line

Identify and recommend opportunities for process improvement and risk control development

Provide direction to the business on developing corrective action plans and effectively managing regulatory change

Report findings and make recommendations to management appropriate committees

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 risk compliance matters

Receive 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 Qualifications:

Bachelor's degree in corporate laws/ legal/ Regulatory Affairs/ACA/ACS or equivalent.

Relevant Risk and Regulatory certifications will be an advantage

Experience in Indian Regulations will be an advantage.

General knowledge of industry standards and best practices around regulatory compliance, control evaluations / testing, internal audit and risk management processes.

Ability to execute large complex initiatives in a large corporate environment, while effectively partnering with others

Relevant experience in Financial Services industry and / or risk & control domains covering operational risk, controls testing / evaluation, compliance, internal audit, risk management etc.

Ability to credibly challenge, conduct tough conversations and effectively communicate with various levels of management, including senior leaders and executives.

Highly developed interpersonal skills, with an ability to communicate effectively with both the line of business and technical Team Members

Job Expectations:

Discuss Legal & Public Affairs related laws (vast & Complex) with I&P Senior Leadership and Key Stakeholders in the US.

Review frontline’s compliance to in-country laws, rules and regulations

Provide oversight and governance of Legal & Public Affairs related compliance risk in India.

Partner with US Compliance teams to integrate compliance processes, procedures, and System of Record with the Global practices.

Establish, implement and maintain risk standards and programs to drive compliance with 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

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

Creative and strategic thinking skills, including the ability to analyze business issues and identify key risks/mitigating controls, combined with a pragmatic approach to problem solving.

Strong analytical skills with high attention to detail and accuracy.

Excellent verbal, written, interpersonal communication skills and stakeholder management.

Demonstrate positive attitude and readiness to work in a challenging and dynamic environment.

Flexibility to multitask and work across domains and business groups.

Posting End Date:

27 Mar 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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.

Req Number: R-438926