Senior Lead Compliance Officer - Futures Commission Merchant (FCM) - Executive Director

About this role:

Wells Fargo is seeking a Senior Lead Compliance Officer to provide strategic and hands-on compliance oversight for Futures Commission Merchant (FCM) of Wells Fargo Securities, LLC activities within the Corporate & Investment Banking (CIB) Markets business.

This role will report to the head of Equities Compliance within the Corporate & Investment Banking (CIB) Markets Compliance team.

This role is accountable for leading a team of compliance officers, providing oversight to the business, and serving as a trusted advisor to Front Line stakeholders. The role will proactively partner with front office to support business activities, provide clear and practical regulatory guidance, and foster strong, collaborative relationships while ensuring adherence to regulatory expectations.

Success in this role requires a strong ability to influence, build trust, and establish strong, collaborative relationships with front office stakeholders, while effectively balancing regulatory requirements with business objectives in a dynamic and complex environment.

In this role, you will:

• Provide oversight and credible challenge to Front Line activities, actions, and new business initiatives while maintaining strong partnership with business stakeholders

• Lead and develop a team of compliance officers supporting FCM activities, ensuring high-quality execution, guidance, and development of talent

• Direct and oversee complex regulatory environments, including establishing standards and driving consistent program execution

• Lead the enhancement and execution of the FCM compliance program, ensuring alignment with regulatory expectations and business needs

• Act as a key advisor to business leadership and front office stakeholders on compliance-related matters, providing clear, practical, and risk-based guidance

• Drive effective engagement and collaboration across stakeholders, including business leadership, Legal, Audit, and Compliance, to support transparency and alignment

• Oversee enterprise compliance program elements related to this line of business, including compliance risk assessments, initiative management, metrics, and reporting

• Provide reporting on the state of compliance to executive leadership, committees, and senior management

• Foster an environment of open communication, partnership, and accountability across the three lines of defense

• Sustain a strong risk culture that identifies, escalates, and addresses existing and emerging compliance risks across business groups, legal entities, and jurisdictions

• Drive continuous improvement in compliance processes and stakeholder engagement, enhancing both effectiveness and efficiency of the compliance function

• Build and maintain strong working relationships with regulators and internal stakeholders to support effective compliance oversight

Required Qualifications:

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

Desired Qualifications:

• Deep experience in Futures Commission Merchant (FCM) activities, Expert-level knowledge of regulatory regimes including, but not limited to the CFTC, NFA, CME and associated compliance programs.

• Extensive 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.

• Expert-level knowledge of compliance program operations including compliance risk assessment, compliance monitoring programs, compliance issues management, and compliance risk data architecture and technology platforms commensurate with large financial institution independent risk management programs.

• Significant experience operating in a business-facing compliance role, providing advisory support to front office or trading environments

• Proven ability to build, influence, and maintain strong relationships with business stakeholders, including front office leadership

• Deep understanding of the ever-evolving governance and regulatory environments as well as industry and compliance risk-related best practices.

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

• Strong analytical, critical thinking and problem-solving skills, coupled with an ability to translate ambiguous ideas/issues into well-defined plans/solutions with a track-record for delivering results.

• 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.

• An ability to develop and articulate sound proposals to key stakeholders, and an ability to influence and drive timely decision-making. 

• Proven ability to cultivate relationships and collaborate with multiple stakeholders and constituencies, including business leaders, legal, audit and multiple U.S. and non-U.S. regulators.

• Proven experience establishing a large-scale vision, developing the strategy to support the vision, gaining consensus across key functional leadership areas through effective communication and successful delivery against goals and objectives.

• Experience driving and influencing large-scale organizational change.

Job Expectations

• Willingness to work on-site at stated location on the job opening.

• Not Eligible for Visa Sponsorships

• This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents

• Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Job Posting Location:

• 30 Hudson Yards, New York, NY

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

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:

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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.

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.