About this role:
Wells Fargo is seeking a Compliance Manager in Compliance team. Learn more about the career areas and lines of business at wellsfargojobs.com.
In this role, you will:
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Developing, maintaining and enhancing an effective compliance infrastructure in Japan (WFBNA Tokyo Branch and WFSJ) to accommodate applicable regulatory requirements; and mitigate regulatory and compliance risks
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Implementing and administering compliance control systems and procedures and monitoring programmes for all “Corporate and Investment Banking business” activities, discussing findings or issues and remedial action with business lines
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Undertaking ad hoc issue escalation and periodic reporting to senior management
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Providing comprehensive compliance advisory support in current and new business initiatives and rationalization of businesses in WFBNA Tokyo Branch and WFSJ
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Interacting with regulatory authorities with respect to licensing, ongoing conduct requirements and new business initiatives; leading in the management of internal audits and external regulatory exams
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Developing and delivering compliance training to enhance awareness and knowledge of applicable laws and regulatory requirements
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Collaborating and partnering closely and effectively with regional and global Compliance in APAC, EMEA and US to deliver the compliance program and desired outcome.
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Managing a compliance team to maximise support capacity for the WFBNA Tokyo Branch and WFSJ
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Supporting Reg Relations as its delegate for interacting/managing with local regulators and authorities.
Required Qualifications:
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4+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
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2+ years of Leadership experience
Desired Qualifications:
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Relevant university degree and minimum of ten years of relevant experience such as regulatory, financial crime, and operational
risk management gained in an international financial centre.
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Legal and regulatory background viewed advantageously
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Work experience in double-hatting or interlocked environment is also a plus
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Excellent up-to-dated knowledge of banking and securities
laws and regulations in Japan including Banking Act, KYC Law, Foreign Exchange and Foreign Trade Law, etc. and Company Act are a must.
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Some familiarity with banking and bank holding company laws and regulations in US desirable
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Sound understanding of the operation of international financial markets, regulatory oversight, risk management and corporate governance
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Good understanding of full service global financial institution and knowledge of financial products desirable
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Ability to identify compliance and operational risk and advise on, develop and implement suitable policies and procedures to effectively monitor and mitigate compliance risk
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Ability to identify and advise business line management of changes in the regulatory and compliance environment and design and implement appropriate compliance solutions
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Ability to influence stakeholders outside immediate area of control
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Excellent oral, presentation and written communication skills; confident to communicate proactively and effectively with
peers, senior management, and regulators
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Strong team player
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, age, 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.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
