Senior Compliance Specialist

About this role:Wells Fargo is seeking a Senior Compliance Specialist who will provide Servicemembers Civil Relief ACT (SCRA) compliance expertise. Learn more about the career areas and lines of business at wellsfargojobs.com . This Senior Compliance Specialist will consult with the business to develop corrective action plans and effectively manage change to ensure regulatory compliance. They will identify training opportunities, where they may design or coordinate the development of training materials and training delivery. They will report findings and recommendations to senior management. Manage and/or coordinate production of periodic compliance performance reports for senior management, including trend analysis and recommended strategies. They may provide input on the management and/or coordination of site, agency or other examinations conducted by external parties.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:

Experience with SCRA.

Compliance/Risk Management experience

Experience with Risk and Control Self-Assessment (RCSA)

Experience with Regulatory Change Management

Certified Regulatory Compliance Manager (CRCM) certification, or similar certified compliance/audit/legal credentials

Experience working with Compliance and Operational Risk policies and procedures, and with corporate Operational Risk Platform tools such as SHRP (Archer)/ORP/Veritas

Ability to work both independently and collaboratively as part of a team within Compliance and with senior line of business associates and other support partners, including the ability to negotiate with numerous parties with varying opinions and positions and reach agreeable solutions

Analytical and detail oriented with ability to multitask and adapt to changing priorities

Ability to build partnerships and interact with all levels of an organization.

Job Expectations:

This position offers a hybrid work schedule.

This position is not eligible for Visa sponsorship

Job posting may come down early due to volume of applicantsPosting End Date:31 Mar 2024Job posting may come down early due to volume of applicants.We Value DiversityAt 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 DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.Company: WELLS FARGO BANKReq Number: R-352291-6Updated: Wed Mar 27 00:00:00 UTC 2024Location: WEST DES MOINES,Iowa