Job
Description
About this role: Wells Fargo is seeking a Senior Compliance Specialist 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: Bachelor's degree in corporate laws/ legal/ Regulatory Affairs/ACA/ACS or equivalent. Relevant Risk and Regulatory certifications will be an advantage Experience in Indian Regulations will be an advantage. General knowledge of industry standards and best practices around regulatory compliance, control evaluations testing, internal audit and risk management processes. Ability to execute large complex initiatives in a large corporate environment, while effectively partnering with others Relevant experience in Financial Services industry and or risk & control domains covering operational risk, controls testing evaluation, compliance, internal audit, risk management etc. Ability to credibly challenge, conduct tough conversations and effectively communicate with various levels of management, including senior leaders and executives. Highly developed interpersonal skills, with an ability to communicate effectively with both the line of business and technical Team Members Job Expectations: Discuss Legal & Public Affairs related laws (vast & Complex) with I&P Senior Leadership and Key Stakeholders in the US. Review frontlines compliance to in-country laws, rules and regulations Provide oversight and governance of Legal & Public Affairs related compliance risk in India. Partner with US Compliance teams to integrate compliance processes, procedures, and System of Record with the Global practices. Establish, implement and maintain risk standards and programs to drive compliance with Corporate Policy requirements Oversee the Front Line's execution and challenges appropriately on compliance related decisions Develop, oversee, and provide independent credible challenge to standards with subject matter expertise Work with complex business units, rules and regulations on moderate to high-risk compliance matters Monitor and independently challenge the 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 Develop, oversee, and provide expert business and regulatory compliance functional knowledge Provide regulatory compliance risk expertise and consulting for projects and initiatives with high risk over multiple business lines Identify and recommend opportunities for process improvement and risk control development 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 to high-risk compliance matters Interface with Audit, Legal, external agencies, and regulatory bodies on risk related topics Creative and strategic thinking skills, including the ability to analyze business issues and identify key risks/mitigating controls, combined with a pragmatic approach to problem solving. Strong analytical skills with high attention to detail and accuracy. Excellent verbal, written, interpersonal communication skills and stakeholder management. Demonstrate positive attitude and readiness to work in a challenging and dynamic environment. Flexibility to multitask and work across domains and business groups.
