Irving, Texas

Job Posting Title: Lead Compliance Officer

Job Description Summary:

Wells Fargo is seeking a Lead Compliance Officer. You will be 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.

Job Description

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.

About this role:

Wells Fargo is seeking a Lead Compliance Officer on the Consumer Data and Engagement Platforms Compliance Team under Consumer and Small Business Banking. Learn more about the career areas and lines of business at wellsfargojobs.com.

In this role, you will:

  • Provide oversight and monitoring of business group risk based compliance programs

  • Maintain compliance risk expertise and consulting for projects and initiatives with moderate to high risk, over multiple business lines

  • Establish, implement and maintain risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and Corporate Policy requirements

  • Oversee the Front Line's execution and challenges appropriately on compliance related decisions

  • Develop, oversee, and provide independent credible challenge to standards with subject matter expertise

  • Provide direction to the business on developing corrective action plans and effectively managing regulatory change

  • Report findings and make recommendations to management and appropriate committees

  • Identify and recommend opportunities for process improvement and risk control development

  • Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

  • Monitor the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management

  • Oversee the Front Line's execution and challenges appropriately on compliance related decisions

  • Make decisions and resolve issues to meet business objectives

  • Interpret policies, procedures, and compliance requirements

  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

  • Work with complex business units, rules and regulations on moderate to high risk compliance matters

  • Interface with Audit, Legal, external agencies, and regulatory bodies on risk related topics

Required Qualifications, US:

  • 5+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education


Desired Qualifications:

  • Strong analytical and organizational skills with high attention to detail and accuracy

  • Ability to effectively work in a complex financial institution and virtual team environment, across levels and business lines, where flexibility and collaboration are important

  • Ability to adapt to the requirements and expectations of a Line of Business Compliance team, managing multiple deliverables and deadlines while driving results in a fast-paced work environment where priorities or focus may need to shift frequently

  • Ability to say 'no' to a request tactfully while offering alternative options to get to 'yes,' if appropriate

  • A Bachelor's degree or higher in a related discipline strongly preferred

  • CRCM designation 

  • Understanding of Consumer and Small Business Banking (CSBB) businesses

Job Expectations:

  • Knowledge of consumer financial law and regulations impacting the CSBB organization such as UDAAP, Fair Lending and FCRA as well as Privacy requirements

  • Knowledge and understanding of marketing activities in the financial services industry as well as understanding of banking and related regulatory compliance requirements

  • Ability to review and credibly challenge compliance risks, ask questions and provide subject matter expertise and guidance as a trusted advisor

  • Review new processes and significant changes to existing processes and provide credible challenge as appropriate to ensure activities are all executed and managed appropriately, having clear visibility into program components and compliance risks

  • Be willing to work on site.

Posting locations:

Charlotte, NC

Minneapolis, MN

Des Moines, IA

Dallas, TX

St. Louis, MO

Phoenix, AZ

Other locations may be considered.

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, 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.

Irving, Texas

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 committed to hiring and retaining military veterans, veterans with disabilities, National Guard, Reservists, and Military Spouses.

As a Wells Fargo employee, 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 Connection Employee Resource Group, 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.

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