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Compliance Manager 3

Job Description

Within Wells Fargo Compliance, this group provides an independent oversight function within the second line of defense, establishing and maintaining a consolidated Enterprise Testing function at the corporate level. They are responsible for developing a common methodology and standards, providing governance and oversight, executing testing; and conducting horizontal reviews. Testing and validation teams throughout corporate risk will be responsible for implementing the Enterprise Testing methodology and standards, and executing group-specific testing.

The Compliance Manager 3 – Issue Validation Manager is responsible for managing a team that is responsible for planning and performing validation activities (e.g., process adherence reviews, monitoring and testing) that independently evaluate the adequacy, comprehensiveness and effectiveness of corrective actions taken to address issues. He or she will be responsible for ensuring timely and high quality validation activities, as well as, for identifying issues, validation concerns, and observations, recommending corrective actions, presenting results of validation review, interfacing with key business partners, writing and editing reports, and tracking timely corrective actions.

Specific duties for this position include, but are not limited to:

  • Manage a team of 4+ compliance professionals.
  • Plan and ensure timely and high quality compliance validation activities that independently evaluate the adequacy, comprehensiveness and effectiveness of corrective actions taken by WF businesses to address an issue or remediation.
  • Plan and ensure performance of substantive testing as necessary to validate that corrective actions have adequately addressed issues in our scope of work (e.g., WFC identified issues).
  • Identify deficiencies and recommend solutions to complex issues.
  • Work with the businesses’ compliance risk management teams to agree on corrective actions to develop comprehensive and effective corrective action plans and strengthen both preventive and detective internal controls.
  • Ensure identified deficiencies are promptly addressed and effectively resolved.
  • Write reports or presentations that clearly articulate the results/conclusions of compliance validation activities and communicate to key stakeholders across the company.
  • Lead or assist in investigating and reporting issues, as needed, conducting inquires, obtaining and reviewing necessary documents and interviewing personnel, as appropriate.
  • Assist on compliance projects.
  • Work collaboratively with internal and external stakeholders.
  • Maintain an understanding of the Issue Management and Remediation Management Policies and the interconnectivity of its key components.
  • Maintain an understanding of business operations and regulatory guidance/expectations.
  • Provide compliance support and guidance during risk assessment processes and state of compliance reporting
  • Present results to the Enterprise Testing Management, key business professionals, and other senior executives.
  • As appropriate, assist with the management of regulatory examinations and internal audits of assigned activities.
  • Understand and ensure effectively application of corporate testing standards and procedures.
  • Work collaboratively across groups/LOBs and with other risk management teams.

As a Team Member Manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:

  • Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.
  • Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.

Please Note: Based on the volume of applications received, this job posting may be removed prior to the indicated close date. If you do not apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells Fargo.



Required Qualifications

  • 8+ 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 8+ years of IT systems security, business process management or financial services industry experience, of which 4+ years must include direct experience in compliance, operational risk management, or a combination of both
  • 3+ years of management experience



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 articulate complex concepts in a clear manner
  • Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members
  • Ability to take initiative and work independently with minimal supervision in a structured environment
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Ability to articulate issues, risks, and proposed solutions to various levels of staff and management
  • Advanced Microsoft Office (Word, Excel, Outlook, PowerPoint, Access, and Project) skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy



Other Desired Qualifications
  • Audit, testing creation or execution, and validation experience.
  • Experience evaluating processes, procedures, and issue resolution as consulting around failure points and remediation preferably in the Compliance or Audit function
  • Ability to adapt with experience leading a team successfully in a constantly changing and complex environment.
  • Consumer Lending products and services experience
  • Experience interviewing, hiring, coaching, and providing performance evaluations.
  • Experience in multiple areas of regulatory compliance risk and risks related to the consumer protection and general banking regulations of the OCC, FRB, CFPB and other federal, state and local regulations and laws
  • Experience with compliance tracking systems, preferable with Wells Fargo internal risk systems such as SHRP.
  • Professional certification (e.g., CRCM, CIA)
  • Bachelor’s, Master’s, or Law Degree preferred
  • SharePoint site management experience


Job Expectations

  • Ability to travel up to 25% of the time



Street Address

IA-Des Moines: 800 Walnut St - Des Moines, IA
TX-DAL-North Dallas: 14241 Dallas Parkway - Dallas, TX
NJ-Summit: 190 River Rd - Summit, NJ
NY-New York: 150 E 42nd St - New York, NY
SC-Fort Mill: 3480 State View Blvd - Fort Mill, SC
MN-Minneapolis: 600 S 4th St - Minneapolis, MN
NC-Charlotte: 401 S Tryon St - Charlotte, NC



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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