Senior Lead Compliance Officer - CIB

About this role:

Wells Fargo is seeking a Senior Lead Compliance Officer.  This role will report to the head of Equities Compliance within the Corporate & Investment Banking (CIB) Markets Compliance team and will provide compliance oversight to the Futures Commission Merchant (FCM) activities of Wells Fargo Securities, LLC.  The role is accountable for leading the compliance officers providing oversight to those lines of business as well as reporting and escalating concerns to management. 

In this role, you will:

• Challenge Front Line activities, actions, and new business initiatives
• Direct and oversee complex regulatory environments including establishing standards
• Accountable for enhancement and execution of the FCM compliance programs
• Direct and oversee key enterprise compliance program elements with respect to this line of business, including compliance risk assessments, initiative management, metrics and reporting.
• Work with other business aligned compliance officer teams to provide reporting on the state of compliance in the CIB line of business to the CIB Compliance Executive, appropriate committees, and executive management.
• Foster an environment that ensures strong communication and cooperation across the three lines of defense, including business line leadership, Legal, Audit, Compliance and other corporate stakeholders to facilitate transparency, balance, and credible challenge.
• Sustain a strong risk culture that identifies and provides oversight and escalation of existing and emerging compliance issues across business groups, legal entities, geographies, and jurisdictions; and ensure that escalated compliance issues receive immediate senior management attention.
• Create a culture of excellence by proactively attracting, retaining, and developing a team of talented and diverse compliance professionals to support the execution of the CIB compliance program.

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:

• 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.
• Expert-level knowledge of regulatory regimes including, but not limited to the CFTC, NFA, CME and associated compliance programs; deep experience in FCM activities.
• 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.

Job Posting Location:

• 150 E 42nd, 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.