Lead Compliance Officer - Global Compliance Control Group

About this role:

Wells Fargo is seeking a Lead Compliance officer for Compliance Control Room, the position will be a key role to cover daily activities of Control Room, support the follow the sun model of Global Compliance Control Group and working as partnership with business and other compliance/control functions for risk management and mitigation. Learn more about the career areas and lines of business at wellsfargojobs.com.

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

• 5+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 8+ years of Compliance or Control Room experience, or equivalent demonstrated through one or a combination of the following: work experience (preferably banks, financial services or regulators)

Desired Qualifications:

• 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.
• Handle the day to day control room activities and support the follow the sun coverage model;
• Maintain the Banks 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 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 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; and
• Involve in global projects and system enhancement and provide support on other ad hoc tasks assigned by the line manager.