Manila,

About Wells Fargo


Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. 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.

Market Job Description


About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. 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.

Department Overview


The Compliance team is responsible for establishing, implementing and maintaining risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and/or Corporate Policy requirements. As part of the Independent Risk Management function, Compliance oversees the Front Line's execution and challenges appropriately on compliance related decisions. Compliance Organization is accountable for providing independent risk management oversight for all Global Delivery related risk in India & Philippines (I&P).

About the role
The function of this role is to provide a comprehensive and a holistic oversight/view of geographic risk while reporting the aggregated risk for I&P to Operations Leadership and applicable Business/Enterprise Function leadership. Compliance Officer will serve as a extension to Business Aligned Compliance Officers (BACO's) and provide oversight and governance support by engaging with the India & Philippines business owners & the Control teams.

Note: This role is an individual contributor role.


Responsibilities:

  • Drive integration with Compliance teams aligned to LOBs to ensure adherence to Line of Business and enterprise standards and review any material service changes relating to the Compliance requirements for the work that India and Philippines (IP) and various in- region Third Parties executes on behalf of the business
  • Support Compliance Reviews of proposed delivery activities supported by India & Philippines; this will include review of Legal Review and Global Delivery Risk reviews
  • Implement integrated Compliance Risk oversight to actively discuss compliance risks and as required create reporting, escalation and various governance routines with LOB and Compliance teams aligned to Enterprise Control functions.
  • Quarterly aggregate reporting to various key stakeholders (International/Regional Head of Compliance, Regional Risk Officers and IP Leadership
  • Supports initiatives and Enterprise wide Projects for the Risk group, tracking of project deliverables and tasks with a high degree of understanding of highly complex processes and systems and their interdependencies, and regulatory and internal control requirements
  • Conducting deep dives into specific areas of focus based on Risk and Regulatory priorities
  • Conduct an ongoing operational review of the risk policies and practices, including the continuous identification and implementation of process and system improvements.


Market Skills and Certifications


Essential Qualifications:

  • Must be a graduate of a 4 year degree preferably in the area of legal studies
  • Candidates who passed the bar exams are highly preferred but not required
    Must have at least 10 years of experience in risk and compliance, preferably in the banking and financial services space.
  • Familiarity of laws and regulations in Philippines relevant to Wells Fargo's banking activities. Some familiarity with U.S. banking and regulations
  • Understanding of the general operation of international financial markets, international trade, and the conduct of business on a cross-border basis
  • Understanding of the purpose and importance of effective regulatory oversight, risk management and corporate governance
  • Knowledge of full service global financial institution, knowledge of financial products/services offered by Wells Fargo, including features and life-cycle and a general understanding of how these businesses operate, desirable
  • Ability to identify Compliance and Operational Risks and advise on, promote, develop and implement suitable controls, policies and procedures to effectively monitor and mitigate those risks
  • Ability to identify and advise management of changes in the regulatory and compliance environment and design and implement appropriate Compliance and Operational Risk solutions
  • Experience of providing timely and prudent counsel and advice involving Compliance and Operational Risk issues and solutions
  • Qualities of character to build and maintain strong relationships with key stakeholder groups, including senior management, Compliance and Operational Risk team members, internal auditors and regulators / examiners; ability to influence stakeholders outside immediate area of control
  • Excellent oral, presentation and written communication skills; self-motivated; confidence to communicate pro-actively and effectively with peers and senior management; ability to manage to a set of deadlines and deliverables with limited supervision
  • Must be willing to work in McKinley Hill, BGC, Taguig City
  • Work hours: 10:00AM to 6:00PM Philippine Time


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. 70375

Manila,

At Wells Fargo, we’ve been proudly supporting military veterans and their families for more than 170 years.

We value the leadership, discipline, and skills you’ve gained through your service to our country and recognize the contributions our veteran team members bring to the table. We’re so committed to hiring and retaining military veterans, veterans with disabilities, National Guard members, and Reservists that we’ve made it our goal is to employ 20,000 veterans by 2020.

As a Wells Fargo team member, you’ll find a work culture that is team-oriented, collaborative, structured, and challenging. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance. You may choose to join our Veteran’s Team Member Network, a group of thousands who share an interest in veterans’ matters, and that promotes greater awareness and job development within the veteran community. To learn more about opportunities at our company, please visit wellsfargojobs.com/military. Let’s talk about turning your military experience into a great civilian career.

Similar jobs