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Compliance Consultant 3

Job Description

It starts with you. Our goal is to attract, develop, retain and motivate the most talented people - those who care and who work together as partners across business units and functions. We value and promote diversity and inclusion in every aspect of our business and at every level of our organization.

Corporate Risk provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, this group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.

KEY JOB RESPONSIBILITIES (ESSENTIAL POSITION FUNCTIONS):
Wholesale Group Risk Office (WGRO) has an exciting opportunity on the Testing Execution Team. This position is for an Compliance Consultant 3 who will be responsible for supporting the execution of regulatory compliance testing within the Wholesale Bank, with a focus on Wells Fargo Securities.

Key responsibilities may include (but are not limited to):

  • Working with complex lines of business to execute required regulatory compliance testing in accordance with Regulatory Compliance Risk management (RCRM) policies and procedures
  • Complete validation coverage activities to assess the adequacy of corrective actions that address the risk and control issues identified by regulators, WFAS, or compliance testing examinations
  • Provide credible challenge and evaluate the adequacy and effectiveness of policies, procedures, processes, and internal controls while maintaining professional independence throughout the testing engagement
  • Document end to end process flows including dependencies, controls, inputs/outputs, systems, gap identification, etc.
  • Report findings and provide recommendations to key stakeholders
  • Provide compliance expertise and potential solutions to identified gaps and associated risks as applicable to the lines of business
  • The ability to quickly learn different processes across multiple lines of business
  • The ability to effectively communicate with stakeholders within the following groups, WGRO, RCRM, and WFAS

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through our many locations, ATMs, the internet (wellsfargo.com) and mobile banking. To learn more, Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.

Required Qualifications

  • 2+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both
  • 2+ years of experience in one or a combination of the following: additional compliance, additional operational risk management, IT systems security, business process management or financial services industry experience; or a BS/BA degree or higher in business or a related field

Desired Qualifications

  • Intermediate Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
  • Ability to interact with all levels of an organization
  • Ability to work effectively, as well as independently, in a team environment
  • Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important

Other Desired Qualifications
  • Current or previous experience in Wells Fargo’s Corporate Risk group
  • Experience executing detailed test instructions, deciphering complex documentation, and conducting quality assurance reviews to assess controls or process effectiveness
  • Execution of risk and/or process assessments
  • Individual accountability in a highly complex, changing, and fast paced environment
  • Experience with Wells Fargo controls tools such as CRAS+, SHRP, ORIS reporting
  • Experience building a control validation program
  • Proficiency in securities and banking regulations relating to the business of Wells Fargo Securities
  • Experience auditing or testing an institutional broker dealer/investment bank subsidiary of a bank holding company
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.


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