About this role:Wells Fargo is seeking a
Sr. Compliance Specialist to join the
Regulatory Change & Inventory Management (RCIM) team within Wells Fargo Compliance. As part of the RCIM team, the Senior Compliance Specialist will lead several critical tasks required to support the development and maintenance of Wells Fargo's regulatory inventory, as well as the management and implementation of regulatory changes.
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In this role, you will:- Support management and maintenance of an inventory of enterprise-wide regulatory citations for the compliance regulatory change management function
- Review change alerts and complete impact assessments to determine if a regulatory change affects the regulatory inventory.
- Add and revise Major Requirements (MCRs) within the compliance system of record, summarizing applicable and actionable requirements, drafting new or modified MCR Summaries using the appropriate format in the MCR Style Guide; inclusive of when changes are triggered by regulatory change or other events.
- Populate and conform citations for inclusion in the citation grid for use by Enterprise Testing and Validation.
- Maintain required fields in the compliance system of record, inclusive of the foundational components.
- Consult with the Legal Department on finalizing draft MCR summaries leveraged by partners in Compliance, the Legal Department and front-line business groups.
- Consult with Business Aligned Compliance Officers (BACOs) when updating the regulatory inventory.
- Work with complex business units, rules, and regulations on moderate to high-risk compliance matters.
- Leverage various compliance technology systems to perform daily tasks.
- Provide support and guidance to Compliance Officers in regard to all aspects of the regulatory change management process.
- Maintain scope documents for the Compliance teams, documenting periodic updates needed to their business rules in the regulatory change system of record and coordinating the system updates.
- Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.
- Provide concise written responses to requests from Internal Audit or other partners, as needed.
- Engage with risk officers across all risk types, Internal Audit, and the Legal Department.
Required Qualifications:- 4+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:- Juris doctorate preferred.
- Advanced understanding of legal and regulatory information globally for laws and rules applicable to Wells Fargo businesses.
- 3+ years of experience in reviewing laws and regulations and preparing written analysis and memoranda for attorneys, business leaders, and impacted stakeholders.
- Solid problem solving and analytical skills with high attention to detail and accuracy.
- Excellent verbal, written, and interpersonal communication skills.
- Ability to effectively organize and prioritize work while handling multiple deliverables.
- Ability to work effectively in a complex environment with a high degree of collaboration.
Job Expectations:Locations: - 401 S Tryon Street, Charlotte, NC
- 250 E John Carpenter Frwy, Irving, TX
- 600 S 4th Street, Minneapolis, MN
- 1150 W Washington Sr, Tempe, AZ
- Willingness to work on-site at stated location on the job opening.
- This position offers a hybrid work scheduled.
- This position is not eligible for Visa sponsorship.
- This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
- Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.
Pay RangeReflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$84,000.00 - $149,400.00
Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Posting End Date:26 Mar 2025
* Job posting may come down early due to volume of applicants. We Value DiversityAt 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, status as a protected veteran, or any other legally protected characteristic.
Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
