Senior Lead Compliance Officer - CIB

Wells Fargo•New York, NY

4d•Onsite

About The Position

Wells Fargo is seeking a Senior Lead Compliance Officer. This role will report to the head of Equities Compliance within the Corporate & Investment Banking (CIB) Markets Compliance team and will provide compliance oversight to the Futures Commission Merchant (FCM) activities of Wells Fargo Securities, LLC. The role is accountable for leading the compliance officers providing oversight to those lines of business as well as reporting and escalating concerns to management. In this role, you will: Challenge Front Line activities, actions, and new business initiatives Direct and oversee complex regulatory environments including establishing standards Accountable for enhancement and execution of the FCM compliance programs Direct and oversee key enterprise compliance program elements with respect to this line of business, including compliance risk assessments, initiative management, metrics and reporting. Work with other business aligned compliance officer teams to provide reporting on the state of compliance in the CIB line of business to the CIB Compliance Executive, appropriate committees, and executive management. Foster an environment that ensures strong communication and cooperation across the three lines of defense, including business line leadership, Legal, Audit, Compliance and other corporate stakeholders to facilitate transparency, balance, and credible challenge. Sustain a strong risk culture that identifies and provides oversight and escalation of existing and emerging compliance issues across business groups, legal entities, geographies, and jurisdictions; and ensure that escalated compliance issues receive immediate senior management attention. Create a culture of excellence by proactively attracting, retaining, and developing a team of talented and diverse compliance professionals to support the execution of the CIB compliance program.

Requirements

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

Nice To Haves

Extensive experience designing and executing enterprise compliance programs, including regulatory change management, risk identification and assessment processes, compliance issue management, new product/business review, complaint handling, compliance monitoring and reporting, compliance training.
Expert-level knowledge of compliance program operations including compliance risk assessment, compliance monitoring programs, compliance issues management, and compliance risk data architecture and technology platforms commensurate with large financial institution independent risk management programs.
Expert-level knowledge of regulatory regimes including, but not limited to the CFTC, NFA, CME and associated compliance programs; deep experience in FCM activities.
Deep understanding of the ever-evolving governance and regulatory environments as well as industry and compliance risk-related best practices.
Organizational courage and willingness to make tough, informed decisions and thoughtfully share independent perspectives.
Strong analytical, critical thinking and problem-solving skills, coupled with an ability to translate ambiguous ideas/issues into well-defined plans/solutions with a track-record for delivering results.
Effective communicator, both orally and in writing, able to ask well-crafted questions and present ideas in a clear and compelling manner, good listener who engenders creative thinking and teamwork.
An ability to develop and articulate sound proposals to key stakeholders, and an ability to influence and drive timely decision-making.
Proven ability to cultivate relationships and collaborate with multiple stakeholders and constituencies, including business leaders, legal, audit and multiple U.S. and non-U.S. regulators.
Proven experience establishing a large-scale vision, developing the strategy to support the vision, gaining consensus across key functional leadership areas through effective communication and successful delivery against goals and objectives.
Experience driving and influencing large-scale organizational change.

Responsibilities

Challenge Front Line activities, actions, and new business initiatives
Direct and oversee complex regulatory environments including establishing standards
Accountable for enhancement and execution of the FCM compliance programs
Direct and oversee key enterprise compliance program elements with respect to this line of business, including compliance risk assessments, initiative management, metrics and reporting.
Work with other business aligned compliance officer teams to provide reporting on the state of compliance in the CIB line of business to the CIB Compliance Executive, appropriate committees, and executive management.
Foster an environment that ensures strong communication and cooperation across the three lines of defense, including business line leadership, Legal, Audit, Compliance and other corporate stakeholders to facilitate transparency, balance, and credible challenge.
Sustain a strong risk culture that identifies and provides oversight and escalation of existing and emerging compliance issues across business groups, legal entities, geographies, and jurisdictions; and ensure that escalated compliance issues receive immediate senior management attention.
Create a culture of excellence by proactively attracting, retaining, and developing a team of talented and diverse compliance professionals to support the execution of the CIB compliance program.