Senior Lead Compliance Officer - Finance

About the position

Wells Fargo is seeking a Senior Lead Compliance Officer to cover the Insurance, Venture Capital, and other groups within Finance. The Senior Lead Compliance Officer will perform compliance monitoring and oversight according to the Risk Management Framework and Compliance Program Policy. The Senior Lead Compliance Officer is accountable for assessment of applicable compliance obligations, control identification, and review and challenge of compliance-risk related controls and procedures.

Responsibilities

• Lead oversight, governance, and monitoring of the bank's Insurance, Venture Capital and other businesses as assigned
• Engage with other Compliance Officers and multiple stakeholders in Independent Risk Management ('IRM') to oversee, advise, and credibly challenge on complex compliance risk matters in moderate to high-risk areas of Finance
• Willingness to take on or change coverage areas and learn new regulations as needed or directed by management to ensure complete compliance coverage
• Effectively use subject matter expertise of laws, rules, and regulations to ensure proper awareness and control of compliance risk
• Work extensively with Finance and IRM on regulatory initiatives to identify and document requirements for comprehensive regulatory source inventory
• Maintain deep subject matter expertise of laws, rules, and regulations which impact Senior Lead Compliance Officer's coverage area
• Monitor and independently challenge the reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding compliance risk management
• Provide regulatory compliance risk expertise and consulting for front line and IRM risk and control self-assessments ('RCSAs'), projects, and initiatives
• Interface with executive management, audit, legal, external agencies, and regulatory bodies on risk related topics

Requirements

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

Nice-to-haves

• Deep subject matter expertise on bank regulations and willingness to quickly learn new regulations, laws, rules, or guidance
• Expertise on 12 CFR 225 ('Regulation Y'), Volcker Rule, and 12 CFR Part 223 ('Regulation W') is desirable
• Ability to work independently with multiple stakeholders and directly with senior business leadership
• Comfortable providing reporting to senior managers at the appropriate level of detail
• Flexibility to manage through multiple priorities
• Ability to take initiative and work independently with minimal supervision in a structured environment

Benefits

• 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