Skip To Content
Laptop

Compliance Director - Fair Lending Analytics

About this role:

Wells Fargo is seeking a Compliance Director of Fair Lending Analytics (FLA), part of Independent Risk Management . Learn more about the career areas and lines of business at wellsfargojobs.com .

An essential element of a strong Compliance Management System, this role directs and provides overall strategic management of an enterprise team mandated to detect, quantify, and remediate potential discrimination, model bias, disparate impact, or disparate treatment in decision-making and consumer–impacting practices and models, in connection with consumer financial products or services across Banking and Lending.  Incumbent is responsible to communicate and escalate identified risks through interactions with business heads, Corporate Risk Officers, Control Directors, Compliance Directors and Executives, various Risk and Control Committees, the Risk Modeling Group, Regulators, and the Legal Department. This role formulates an annual risk-based plan, and directs others to successfully execute business practice studies, identify impact/treatment focal points to analyze, formulate/design review requirements, partner with the modeling team on appropriate fair lending statistical methodologies, test customer impacting models for bias - including Artificial Intelligence/Machine Learning, End User Computing Tools, and Algorithms, conduct file reviews and risk assessments from the results of statistical analyses, and prescribe risk mitigants commensurate with identified risks (e.g., control enhancements, policy or practice changes, model restrictions, additional diagnostic analyses, corrective actions). The Director owns a suite of models and sub-models as statistical tools and must manage them to Corporate Model Risk policies. The Director role reports to the Fair Lending Compliance CRA, and HMDA Director under Responsible Banking Compliance – a Horizontal Compliance Program.


In this role, you will:

  • Manage and lead team activities with the implementation of the companywide compliance program with high-risk and complexity
  • Establish, implement, and maintain risk standards and programs to drive compliance with federal, state, agency, legal and regulatory, and Corporate Policy requirements
  • Own Fair Lending Models used to test business risks and business model bias
  • Provide compliance risk and regulatory expertise for compliance program elements
  • Identify and recommend opportunities for process improvement and risk control development
  • Lead the reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding compliance risk management
  • Report on the Compliance Program (Fair Lending Analytics results)  to more experienced compliance leaders, committees, and appropriate business management
  • Make decisions and resolve issues to meet business objectives
  • Interpret policies, procedures, and compliance requirements
  • Collaborate and influence all levels of professionals including managers
  • Build relationships with corporate, business leaders, Legal, Audit, regulators, and industry partners on risk related topics
  • Lead team to achieve objectives

Required Qualifications, US:

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


Desired Qualifications:

  • Exposure to fair lending regulations or concepts, particularly ECOA, Fair Housing Act, HMDA, UDAAP and other fair lending laws
  • Ability to simultaneously lead multiple projects, assess issues, make quick decisions, implement solutions, and influence change, exercising independent judgment and creative problem-solving techniques
  • Prior exposure to statistical modeling/ knowledge and understanding of statistical analysis
  • Ability to revise and communicate program level documentation
  • Certified Regulatory Compliance Manager (CRCM) preferred
  • Demonstrated Risk/Compliance Management leadership experience
  • Testing knowledge and experience


Job Expectations:

  • Willingness to work on-site at stated location on the job opening
  • Ability to travel up to 10% of the time

Posting locations:

  • Charlotte, NC
  • Minneapolis, MN
  • Des Moines, IA
  • Irving, TX
  • St. Louis, MO
  • Tempe, AZ

*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, or status as a protected veteran.

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.


How we hire

This is an example of some common job content that can be shown at the bottom of every job description. It is added in the CMS and then shown on every job. It can be used to supplement the job content that comes from the ATS.

Egestas faucibus lacus a ac aptent ac condimentum risus iaculis a parturient a enim suscipit semper hendrerit feugiat suspendisse lobortis facilisis vel at dolor ornare rutrum a elementum mi. Rhoncus mollis curae penatibus scelerisque suspendisse faucibus phasellus porttitor maecenas amet a amet hac facilisi a urna a vestibulum vestibulum maecenas per adipiscing ultrices.

Block Values

Our hiring process

Answer 1

Answer 2

Answer 3

 

Answer 4

Find the right careers for you

Clouds Lake

Sub Title

Feature 1

Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text

Home
Clouds Lake

Sub Title

Feature 2

Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text Text

Home

Rejoignez notre communauté de talents

Renseignez-vous sur les événements à venir et les possibilités de carrière chez Wells Fargo.

Adhérer maintenant
JK 1212 1236 B 4MP