Lead Compliance Officer

at  Wells Fargo

Wells Fargo is seeking a Lead Compliance Officer who will have compliance oversight of fraud prevention, detection, and resolution processes in Fraud and Claims Management. This role will cover independent compliance risk management activities, including but not limited to: Change Management, RCSA, Compliance Monitoring, and Issue Management. This individual will provide subject matter expertise on Regulation E and will review and challenge business line fraud controls and procedures.

In this role, you will:

• Oversee the Front Line’s execution and challenge appropriately on compliance related decisions
• Maintain compliance risk expertise and consulting for projects and initiatives with moderate to high risk, over multiple business lines
• Monitor the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management
• Establish and execute independent compliance monitoring of federal, state, agency, legal and regulatory and Corporate Policy requirements
• Identify and recommend opportunities for process improvement and risk control development
• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
• Make decisions and resolve issues to meet business objectives
• 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

Required Qualifications:

• 5+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Financial services consumer compliance and fraud experience
• Experience with fraud claims systems and processes
• CRCM, CAMS or CERP certified
• Paralegal or JD
• Strong problem-solving skills with proven ability to be resourceful
• High attention to detail and accuracy
• Professional communication and collaboration skills
• Practical experience with Regulation E, UDAAP, ADA, Regulation Z, FCRA and Bank Secrecy Act

Job Expectations:

• This role is not eligible for visa sponsorship. This includes all candidates requiring immediate sponsorship of H1-B, TN or E-3 visas as well as future sponsorship of STEM (F-1/OPT) visas.
• Must be willing to work on site in one of the following locations: Charlotte, NC; Irving, TX; St. Louis, MO; Minneapolis, MN; West Des Moines, IA; Tempe, AZ. No other locations will be considered.

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

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

• Oversee the Front Line’s execution and challenge appropriately on compliance related decisions
• Maintain compliance risk expertise and consulting for projects and initiatives with moderate to high risk, over multiple business lines
• Monitor the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management
• Establish and execute independent compliance monitoring of federal, state, agency, legal and regulatory and Corporate Policy requirements
• Identify and recommend opportunities for process improvement and risk control development
• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
• Make decisions and resolve issues to meet business objectives
• 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 topic