COMPLIANCE CONSULTANT 4 in San Francisco, California | DiversityInc Careers
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Job Description

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. We focus on three key risk areas: credit risk, operational risk and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take appropriate action when business activities exceed the risk tolerance of the company.

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

The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the 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

This is an opportunity to join the Wells Fargo’s Global Sanctions Governance Office, part of the bank’s Financial Crimes Risk Management Group.  In this role, the successful candidate will play an integral role in the development, implementation and management of Wells Fargo’s Global Sanctions Program.

Duties include:

  • Assist with developing, implementing and monitoring a risk-based compliance program to ensure compliance with regulatory requirements and firm policies and procedures
  • Drafting correspondence with the U.S. Treasury’s Office of Foreign Assets Control (OFAC), including responses to administrative subpoenas, voluntary self-disclosures and license applications
  • Reviewing and recommending approval or denial to requests for exceptions to policy
  • Evaluating the sufficiency of policies, procedures and screening solutions at the line of business level
  • Identifying risks associated with financial products and assisting in approval process for new or modified products
  • Identifying potential gaps in LOB processes and procedures with regard to compliance with sanctions regulations
  • Providing guidance to LOBs on sanctions issues, including interpretations of law and internal Wells Fargo policies, and assisting LOBs in strengthening procedures
  • Working with the Global Sanctions Screening and Reporting Group on a number of issues, including the preparation and approval of the Annual Report of Blocked Property, drafting of correspondence with OFAC, and resolving issues involving Wells Fargo’s global sanctions screening solutions
  • Training LOBs on sanctions issues
  • Assisting with the annual OFAC risk assessment
  • Coordinating with other parts of Financial Crimes Risk Management on potential sanctions issues

*Open to any location within the Wells Fargo Footprint*

Required Qualifications

  • 6+ 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; or 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both
  • 3+ years of experience with BSA/AML/OFAC laws and regulations

Desired Qualifications

  • Advanced 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
  • A BS/BA degree or higher
  • A Juris Doctor (JD) degree
  • Securities industry experience
  • Ability to exercise independent judgment to identify and resolve problems
  • Ability to identify and recommend new policies/programs that improve existing products or develop new programs
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Certified Anti Money Laundering Specialist (CAMS)

Other Desired Qualifications
  • Thorough understanding of products and services provided by a global financial institution, particularly products with an international nexus, including international payment flows and trade finance.
  • Basic knowledge of the securities industry, including its products and business models.
  • Sound judgment; demonstrates analytical and problem solving capabilities with the ability to prioritize and escalate issues appropriately.

Job Expectations

  • Ability to work additional hours as needed


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.