Head of Canada Compliance and Operational Risk

Wells Fargo & Company•Toronto, ON

7d•CA$164,000 - CA$279,000•Onsite

About The Position

Wells Fargo is seeking a Head of Canada Compliance and Operational Risk. The role is a senior leader based in Canada, responsible for the effective design, oversight, and governance of Compliance and Operational Risk frameworks for the Canadian legal entities. The role ensures that Canada operates a well-governed, enterprise-aligned Compliance and Operational Risk framework, consistent with Canadian regulatory requirements, international expectations, enterprise standards, and defined risk appetite. The role provides independent second-line oversight and challenge while leading Canada-based Compliance and Operational Risk teams (excluding FCRM / MLRO activities). The role is for a vacancy in our Toronto office.

Requirements

7+ years of Compliance and Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
3+ years of management or leadership experience
Must be able to work at the posted location

Nice To Haves

Strong regulatory and compliance judgment, ability to translate regulatory expectations into practical policies, controls, and operating procedures
Ability to interpret and apply prudential, conduct, AML/financial crime, and regulatory obligations using a risk‑based approach
Capability to lead regulatory examinations
Expertise in the end-to-end operational risk lifecycle (RCSA, issues, events, KRIs, thematic risk)
Strong understanding of control design, operating effectiveness, and sustainable remediation
Ability to design and operate clear governance frameworks, escalation thresholds, and decision rights
Strong senior management level communication skills
Experience operating within a three lines of defense model while avoiding duplication or gaps
High personal integrity, resilience, and independence under regulatory and business pressure

Responsibilities

Lead the Canada Country Compliance and Operational Risk team, including designation as the Chief Compliance Officer (CCO) for the Canadian legal entities within a matrix management structure.
Provide independent second-line oversight and challenge of Compliance and Operational Risk management across Canadian legal entities.
Establish, implement, and maintain risk standards, programs, and governance frameworks aligned with enterprise requirements and local regulatory obligations.
Ensure material Compliance and Operational Risk issues are identified, escalated, remediated, and tracked in line with enterprise standards.
Oversee and execute Enterprise Compliance and Operational Risk Programs within Canada, leveraging international and enterprise processes where appropriate.
Serve as a key regulatory and Compliance risk advisor, engaging with regulators and senior stakeholders as required.
Translate regulatory requirements into practical, sustainable policies, controls, and procedures.
Provide oversight and challenge to Lines of Business operating in Canada across risk identification, control effectiveness, issue management, governance, and reporting routines.
Lead and develop Canada-based Compliance and Operational Risk resources to ensure effective coverage, resilience, and continuity.