Compliance Assoc

Job Description
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell" or "Cellular" in the contact information of your application.
At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
As the company's second line of defense, Corporate Risk - or Independent Risk Management - provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework and ensure all employees understand their individual accountability for managing risk.
This position supports Commercial Real Estate (CRE) line of business as part of the CIB Compliance team, reporting to Katy Soudmand with a focus on the lending and capital markets. The candidate will be responsible for helping develop, implant, monitor and report on a risk-based compliance programs to identify, assess and mitigate any non-compliance with federal, state or agency law.
The candidate will work with the existing business unit compliance officers and help implement effective compliance program in accordance with the requirements of the Compliance department.
Specific duties include, but are not limited to, the following:

• Working with the current compliance program as well as identifying and implementing additional procedures and controls, as needed, to assure compliance with regulatory requirements, enterprise and wholesale policies and procedures. Gaining a detailed understanding of bank, broker dealer and holding company regulations is imperative;
• Evaluate industry practices and collaborate with internal partners to understand and develop policies and procedures for proposed regulations impacting the business;
• Develop in-depth knowledge of the products offered by the business, the inherent risks of such products and the policies, procedures and controls surrounding them;
• Update and enhance such policies, procedures and controls to meet the changing needs of the businesses;
• Report findings and develop business cases to influence senior management on the need for controls to mitigate risk;
• Identify training opportunities; design/coordinate the development of training materials and training delivery;
• Assist in planning and preparation for exams and audits; prepare and gather documents to respond to regulatory inquiries;
• Review to determine if employees are appropriately licensed;
• Conduct compliance risk assessments and control implementation;
• Work with other compliance partners and provide compliance risk expertise and consulting for projects and initiatives;
• Consult with the business to develop corrective action plans and effectively manage change to ensure regulatory compliance;
• Apply critical thinking skills to make independent assessments, articulate recommendations and defend conclusions;
• Build strong relationships and collaborate effectively with the business and other risk partners, including operational risk, legal partners, credit and market risk partners;
• Provide regulatory advisory support to the LOB;
• Monitor and assess regulatory changes and impacts;
• Support implementation and maintenance of compliance surveillance programs;
• Some travel may be required

Minimum Qualifications

• 3+ years of experience in compliance advisory
• Proven knowledge of regulatory compliance, risk management and risk standards/controls
• Adaptable to dynamic work environment with multiple priorities and strict timelines
• Understanding of capital markets and lending regulations
• Ability to organize workload and prioritize for responsiveness and efficiency both individually and for the team
• Meets deadlines and works under pressure in a fast paced environment
• Ability to effectively communicate through oral, written and interpersonal communication skills to all levels of the organization
• Experience writing policies and procedures
• Experience preparing and presenting training
• Sound judgment; demonstrates analytical and problem solving capabilities with the ability to prioritize and escalate issues appropriately
• Demonstrated strong research and documentation skills
• Ability to work well in a team-oriented environment
• Bachelor's Degree

Preferred Skills

• Certified Regulatory Compliance Manager (CRCM), Law Degree or other advanced degree or designation
• Understanding traditional lending regulations, including but not limited to: Regulation B, FCRA, UDAAP, SCRA, Regulation W, Regulation O, FDPA, 12CFR1, Debts Previously Contracted, FIRREA, Anti-Tying and Anti-Competitive Behavior
• Knowledge of CFPB/consumer lending regulations

Required Qualifications

• 2+ years of experience in risk (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management demonstrated through work or military) or 1+ year in the foregoing or financial services industry and a BS/BA degree or higher in business or a related field

Other Desired Qualifications

• 3 years experience in compliance preferably in advisory role.
• Certified Regulatory Compliance Manager (CRCM), Law Degree or other advanced degree or designation

Salary Information
The salary range displayed below is based on a Full-time 40 hour a week schedule.

AZ-PHX-Central Phoenix: Min: $56,800 Mid: $80,000
IA-West Des Moines: Min: $56,800 Mid: $80,000
SC-Fort Mill: Min: $56,800 Mid: $80,000
AZ-Chandler: Min: $56,800 Mid: $80,000
MN-Minneapolis: Min: $56,800 Mid: $80,000
AZ-PHX-Northwest Phoenix: Min: $56,800 Mid: $80,000
NY-New York: Min: $68,200 Mid: $96,000
TX-Irving: Min: $56,800 Mid: $80,000
MN-Saint Louis Park: Min: $56,800 Mid: $80,000
MN-Minneapolis: Min: $56,800 Mid: $80,000
NC-Charlotte: Min: $56,800 Mid: $80,000
TX-Plano: Min: $56,800 Mid: $80,000
TX-DAL-Downtown Dallas: Min: $56,800 Mid: $80,000
NJ-Summit: Min: $68,200 Mid: $96,000
NC-Charlotte: Min: $56,800 Mid: $80,000
NC-Charlotte: Min: $56,800 Mid: $80,000
NC-Charlotte: Min: $56,800 Mid: $80,000
MO-Saint Louis: Min: $56,800 Mid: $80,000
IA-Des Moines: Min: $56,800 Mid: $80,000

Street Address
NC-Charlotte: 301 S College St - Charlotte, NC
NC-Charlotte: 128 South Tryon Street - Charlotte, NC
NC-Charlotte: 401 S Tryon St - Charlotte, NC
NC-Charlotte: 1525 W Wt Harris Blvd - Charlotte, NC
SC-Fort Mill: 3480 State View Blvd - Fort Mill, SC
TX-DAL-Downtown Dallas: 1445 Ross Ave - Dallas, TX
TX-Irving: 250 E John Carpenter Freeway - Irving, TX
TX-Plano: 4975 Preston Park Blvd - Plano, TX
IA-Des Moines: 206 8th St - DES MOINES, IA
IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA
MN-Minneapolis: 600 S 4th St - Minneapolis, MN
MN-Minneapolis: 2650 Wells Fargo Way - Minneapolis, MN
MN-Saint Louis Park: 435 Ford Rd - Saint Louis Park, MN
NY-New York: 150 E 42nd St - New York, NY
NJ-Summit: 190 River Rd - Summit, NJ
AZ-PHX-Central Phoenix: 100 W Washington St - Phoenix, AZ
AZ-PHX-Northwest Phoenix: 2222 W Rose Garden Ln - Phoenix, AZ
AZ-Chandler: 2700 S Price Rd - Chandler, AZ
MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits Summary
Benefits

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