Job
Description
In this role, you will: 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 Provide oversight and monitoring of risk-based compliance programs Develop and oversee standards Provide subject matter expertise with comprehensive knowledge of business and functional area Provide compliance risk expertise and consulting for projects and initiatives with moderate risk for a business line or functional area Monitor reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management Provide direction to the business on developing corrective action plans and effectively managing regulatory change Provide compliance risk expertise Consult for projects and initiatives with moderate risk for a business line Identify and recommend opportunities for process improvement and risk control development Provide direction to the business on developing corrective action plans and effectively managing regulatory change Report findings and make recommendations to management appropriate committees 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 risk compliance matters Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements 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: The Senior Specialist will be part of the Governance & Reporting Team and support with the execution of Compliance program elements and Compliance related activities, primarily the Governance & Reporting activities, Compliance Program Effectiveness Assessment requirements, International Compliance Planned Activities and MTL, whilst also supporting wider Program activities or other projects/initiatives as necessary. The Senior Specialist will also seek to drive synergies with counterparts across other regions, helping to shape a scalable and sustainable operating model. Support the Governance & Reporting team in all reporting matters including and not limited to International Compliance meetings, Legal Entities Governance Reporting and Enterprise Reporting. Support the review of the annual Compliance Program Effectiveness Assessment review for International Compliance, working in conjunction with CIB Compliance to ensure that International Compliances inputs and artefacts are being considered as part of the assessment. Coordinate and support the tracking and monitoring of the International Compliance Planned Activities with the respective deliverable owners. Ensure that timely reporting/escalation are provided to the International Compliance Leadership Team (ICLT) and the respective Legal Entity Governance Committee as appropriate. Assist with project management and coordination of Compliance initiative on MTL (Move The Line) to ensure timely completion of the activity and all required documentation/governance are in place. Assist with issue management, IT&V, Audit Management and Regulatory Engagements where required. Cross train to support other team tasks across the Compliance Program, being fungible across deliverables to support the wider team whilst also considering interdependencies. Support with any other Compliance related strategic projects and initiatives as required, either driven/led by Enterprise Compliance/CIB Compliance or International Compliance. Candidates with Law degree LLB/ LLM/ Companies Secretary would be preferred. Fluency in any of the foreign languages such as Chinese, Japanese, French, Spanish, and German would be an added advantage. Expertise in technology data entry related to laws, rules and regulations Ability to follow directions for using the SHRP Governance Management system (Archer platform) Excellent verbal and written communication skills Ability to articulate complex concepts in a clear manner Advanced Microsoft Office skills Good eye for detail and accuracy Execution oriented, professional demeanor, self-starter behavior and able to recognize opportunities for improvement in the business and to act on those opportunities Working knowledge on SharePoint would be an added advantage Job Expectations: Experience in Compliance, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education. Strong educational background with a university degree Experience in the compliance and regulatory field within financial services and extensive knowledge of Global Markets at a leading global financial services firm(s). Good understanding of the market and regulatory environment. Seasoned Compliance professional with capabilities, including but not limited to: ability to make critical decisions, working collaboratively, ability to develop others, enabling high performance, building self-insight and effective risk and control environment. Good intellectual capability and flexibility, able to consider issues from multiple angles and lead debates and discussions with multiple stakeholders. Good sense of judgement and absolute commitment to Wells Fargo transformation journey Ability to forge relationships across multiple functions to enhance the Compliance brand. Ability to deal with change and exhibit a service led mindset to support our stakeholders. Ability to challenge independently and constructively. Communicate effectively and confidently, orally and in writing at all levels of the organization. A team player that actively looks to partner with and support team members with workloads and challenges
