Head of Equities Compliance

Wells Fargo•New York, NY

9d•$185,000 - $300,000•Onsite

About The Position

Wells Fargo is seeking a Compliance Director to serve as Head of Equities Compliance within Corporate & Investment Banking (CIB) Markets. This senior leadership role provides second-line compliance oversight across the Equities business and leads the team responsible for compliance coverage of Cash Sales & Trading, Equity Derivatives, Equity Finance, and Prime Brokerage activities. The role serves as a trusted advisor to Equities and CIB leadership while maintaining independent challenge and credible oversight. The leader is accountable for identifying, assessing, escalating, and helping mitigate compliance risks; translating regulatory requirements into practical guidance; overseeing the Equities Compliance coverage model; and representing Compliance in governance, regulatory, and senior management forums. The position is expected to work on-site at the stated job-opening location. It is not eligible for visa sponsorship and is subject to FINRA background screening and ongoing regulatory requirements. Specific policies may apply to outside activities and personal investing.

Requirements

10+ years of Compliance experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination of these.
4+ years of management or leadership experience.
Willingness to work on-site at the stated job-opening location.
Successful completion and clearance of a FINRA background check; candidates must also meet ongoing regulatory requirements, including additional screening and reporting certain incidents.
Not eligible for visa sponsorship.
Employees affected by applicable outside-activity or personal-investing policies must provide information to the Wells Fargo Personal Account Dealing Team and comply with applicable policy requirements if hired.

Nice To Haves

Extensive compliance, legal, regulatory, or risk experience supporting institutional equities activities through one or more registered broker-dealers.
Demonstrated knowledge of Cash Equities, Equity Derivatives, Equity Finance, Prime Brokerage, and the regulatory framework applicable to U.S. broker-dealers.
Experience leading a compliance function or a team responsible for complex, multi-product Markets coverage.
Experience advising senior business leaders and providing credible challenge on significant regulatory, conduct, operational, and reputational risk matters.
Experience with SEC, FINRA, and exchange requirements applicable to Equities and related activities.
Experience leading regulatory examinations, investigations, audits, compliance reviews, risk assessments, monitoring, surveillance, and issue remediation.
Strong judgment and ability to analyze complex facts, identify material risks, make timely decisions, and communicate a clear compliance position.
Organizational courage and willingness to make tough, informed decisions and thoughtfully share independent perspectives.
Effective oral and written executive communication, including the ability to present complex issues clearly and influence timely decision-making.
Ability to cultivate relationships and collaborate across business, Legal, Risk, Operations, Business Control, Internal Audit, and Compliance stakeholders.
Ability to lead through change, set priorities, allocate resources, and develop talent in a fast-paced regulatory environment.

Responsibilities

Lead and develop the Equities Compliance team, establish clear coverage accountabilities, and promote consistent, risk-based execution across the Equities platform.
Maintain detailed knowledge of Equities products, services, business strategies, control environments, and relevant regulatory obligations.
Serve as the primary Compliance partner to Equities leadership and a senior subject matter expert on regulatory requirements and internal policies applicable to Equities products, services, clients, and operating activities.
Provide strategic and day-to-day compliance guidance across Cash Sales & Trading, Equity Derivatives, Equity Finance, and Prime Brokerage activities.
Provide independent challenge and second-line oversight of business strategies, new products, significant transactions, client and market conduct matters, conflicts of interest, and changes to operating models or controls.
Oversee the identification, assessment, escalation, and remediation of compliance risks, issues, incidents, control weaknesses, and regulatory concerns affecting the Equities business.
Assess regulatory developments and enforcement trends, determine potential business and control impacts, and oversee timely implementation of required changes.
Oversee Equities-related compliance risk assessments, monitoring, surveillance, testing coordination, metrics, management reporting, and issue management activities.
Partner with Legal, Risk, Business Control, Internal Audit, and other Front Line-aligned Compliance teams to promote coordinated risk management and clear accountability.
Work closely with Operations Compliance teams on Equities-related items, including customer safekeeping, margining, confirmations, and other relevant requirements.
Lead Compliance support for regulatory examinations, inquiries, internal reviews, audits, and responses involving the Equities business.
Prepare and present concise, decision-useful materials for senior management, governance committees, and other oversight forums.
Escalate material compliance matters promptly and provide clear recommendations regarding risk acceptance, remediation, or business restrictions.
Attract, retain, coach, and develop a high-performing team with strong technical expertise, sound judgment, and effective stakeholder management capabilities.
Provide timely escalation and transparent reporting of material compliance risks, issues, and emerging concerns to appropriate governance and senior management forums.
Oversee completion of compliance risk assessments, monitoring and surveillance activities, metrics, reporting, regulatory change management, and issue remediation for Equities.
Engage directly with regulators and internal oversight functions, as appropriate, on matters affecting the Equities business.