Senior Compliance Specialist - Surveillance Team

Wells Fargo•Charlotte, NC

3d•Onsite

About The Position

Wells Fargo is seeking a Senior Compliance Specialist on the Surveillance team within the Global Compliance Control Room, part of Enterprise Compliance Operations. The Surveillance team oversees employee and firm trading, primarily within the Corporate and Investment Bank, as well as retail client and discretionary trading. This role executes oversight of the team’s risk and control monitoring and management reporting in accordance with policies, procedures, and the Target Operating Model. It also monitors the flow of material nonpublic information and identifies suspicious activity that may violate the firm’s Information Barrier program or regulatory requirements. The position conducts risk-based surveillance of institutional, employee, and client trading; investigates alerts and exceptions; and prepares evidence-based dispositions and escalations. It supports surveillance scenario design and enhancement, works with Technology and Data teams on issues affecting surveillance, and helps identify and remediate control gaps and process inefficiencies. The role also oversees and monitors compliance programs, participates in governance and self-assurance activities, and develops and maintains surveillance governance documentation. It addresses moderate-risk compliance matters involving complex business units, rules, and regulations, and requires collaboration, independent judgment, and continued development of knowledge about the function and applicable requirements. The required location is 550 S. Tryon Street, Charlotte, North Carolina. Relocation assistance and visa sponsorship are not available. The position is subject to FINRA background screening and ongoing regulatory requirements, and may be subject to policies concerning outside activities and personal investing.

Requirements

4+ years of Compliance experience, or equivalent demonstrated through work experience, training, military experience, education.

Nice To Haves

2+ years of surveillance or monitoring experience.
Working knowledge of artificial intelligence (AI) tools and the ability to use them responsibly.
Familiarity with Equity, Derivative and Fixed Income securities/products.
Experience with governance and oversight programs.
Prior Information Barrier/Control Group or related experience.
Excellent verbal, written, and interpersonal communication skills.
Strong analytical skills with high attention to detail and accuracy.
Ability to interact with all levels of an organization.
Securities Series 7 licensing.
Ability to adapt to a collaborative work environment with multiple priorities and strict timelines.

Responsibilities

Conduct risk-based surveillance of institutional, employee, and client trading to detect potential misuse of material nonpublic information, insider trading, Information Barrier concerns, and Restricted List violations.
Investigate surveillance alerts and exceptions by analyzing trading activity, positions, accounts, employees, desks, securities, market events, and relevant restrictions.
Prepare clear, accurate, evidence-based alert dispositions and escalate potentially significant activity to Compliance leadership, Legal, Financial Crimes, or other appropriate partners.
Support the design and enhancement of surveillance scenarios by translating regulatory requirements, policies, risks, and business needs into detection logic, data requirements, workflows, user stories, and acceptance criteria.
Partner with Technology and Data teams to identify and resolve data-quality and system issues affecting surveillance.
Identify surveillance gaps, control weaknesses, data limitations, manual dependencies, and process inefficiencies, and partner with stakeholders to develop practical remediation plans.
Oversee and monitor compliance programs.
Participate in governance activities, including risk indicator monitoring and self-assurance reviews.
Develop and maintain procedures, methodologies, business requirements, data documentation, testing evidence, control records, and other surveillance governance materials.
Collaborate with peers, colleagues, and managers to resolve issues and achieve objectives.
Address moderate-risk compliance matters involving complex business units, rules, and regulations.
Follow leadership direction while exercising independent judgment and building knowledge of the function, policies, procedures, and compliance requirements.