Compliance Associate (maternity cover FTC)Job ID 46124BR
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading global financial services company with $2.0 trillion in assets and offices in over 37 countries. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides asset management, capital raising and advisory, financing, foreign exchange, payments, risk management, and trade finance services to support customers who conduct business in the global economy. At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We also value the viewpoints of our team members and encourage them to be their best. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. Learn more at our International Careers website.
Market Job Description
The WFBI Compliance department forms part of the EMEA Compliance function which includes regulatory compliance and the management of regulator relationships. The Compliance Program incorporates the following activities:
Board and Senior Management Oversight
Risk Identification and Assessment
Regulatory Change Management
Policies, Procedures, and Related Controls
Compliance Monitoring, Testing, and Assurance
Technology and Data Management
Business Process Risk Management
Third Party Service Provider Compliance Risk Management
Compliance Issue Management and Escalation
New Business Initiatives and Product Management
The position of compliance consultant is a wide-ranging role and the selected candidate may be involved in any of the activities of the compliance program as outlined above.
The candidate will assist the Compliance Manager in managing regulatory compliance risks for WFBI by participating in and providing compliance support for local and regional projects and initiatives and to identify, assess and mitigate regulatory risk in WFBI business activities.
Market Skills and Certifications
Perform horizon scanning when required and notify the relevant stakeholders of any new regulatory changes that may impact WFBI.
Update and maintain the WFBI Upstream Regulatory Log with all new regulatory changes that may impact WFBI.
Liaise with the EMEA Regulatory Development team who compile the EU Regulatory Tracker. Take part in any of the meetings regarding the EU Regulatory Tracker. Compile the WFBI Regulatory Tracker which will comprise of both EU and Irish new regulatory changes.
Circulate WFBI Regulatory Tracker to the WFBI Senior Management team.
Represent WFBI Compliance and assist WFBI Support Functions in local projects, initiatives and forums as requested by the Compliance Manager.
Actively engage and collaborate with EMEA compliance and participate in and provide compliance support in EMEA and US led projects and initiatives to help improve processes and procedures and to mitigate regulatory risk, ensuring compliance tasks and deliverables are being met/on track.
Assist in delivery of Compliance Training as required
Perform monitoring activities as required and outlined in the WFBI Compliance Monitoring Plan.
Actively engage in compliance team meetings and collaborate with EMEA compliance colleagues to ensure all regulatory compliance tasks and deliverables are being met/ on track
Provide support and advice to business and senior management on regulatory compliance queries
Escalate compliance issues to the Compliance Manager and where possible support in the resolution of all identified issues
Act as back up to the WFBI Compliance Manager when requested.
Strong compliance experience in financial services
Proficient in Microsoft Office
Strong people and presentational skills
Strong communication skills (written and verbal)
Good report writing skills
Strict attention to detail
A strong team player
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.