Compliance Officer
Wells Fargo
Lead Compliance OfficerWells Fargo is seeking a Lead Compliance Officer to join our Home Lending Compliance organization. As a part of Wells Fargo's second line of defense and Independent Risk Management team, covers jobs responsible for establishing, implementing, and maintaining risk standards and programs to drive compliance with federal, state, agency, legal, and regulatory and/or Corporate Policy requirements.In This Role, You WillProvide oversight and monitoring of business group risk based compliance programsMaintain compliance risk expertise and consulting for projects and initiatives with moderate to high risk, over multiple business linesEstablish, implement and maintain risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and Corporate Policy requirementsOversee the Front Line's execution and challenges appropriately on compliance related decisionsDevelop, oversee, and provide independent credible challenge to standards with subject matter expertiseProvide direction to the business on developing corrective action plans and effectively managing regulatory changeReport findings and make recommendations to management and appropriate committeesIdentify and recommend opportunities for process improvement and risk control developmentReceive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirementsMonitor the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk managementMake decisions and resolve issues to meet business objectivesInterpret policies, procedures, and compliance requirementsCollaborate and consult with peers, colleagues and managers to resolve issues and achieve goalsWork with complex business units, rules and regulations on moderate to high risk compliance mattersInterface with Audit, Legal, external agencies, and regulatory bodies on risk related topicsRequired Qualifications5+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired QualificationsStrong understanding of mortgage business processes, regulations, and mortgage risk management systemsExperience managing engagements with regulators and auditorsExperience with regulations related to Capital Markets processes and Capital Markets business knowledgeUnderstanding of banking risk and control systems and issue management processesAbility to communicate complex concepts in a clear, simplified manner to executive leadership and law department partnersAn active Certified Regulatory Compliance Manager (CRCM) designationStrong background with mortgage consumer protection regulations including TILA, Reg B, FCRA, SCRA, ADA, RESPA, Privacy, State Law, etc.Job ExpectationsWillingness to work on-site at designated locationThis position offers a hybrid work scheduleThis position does not offer Visa sponsorshipLocations401 S. Tryon St, Charlotte, NC800 S. Jordan Creek Pkwy, West Des Moines, IA401 Las Colinas Blvd W Bldg B, Irving, TX1150 W Washington St, Tempe, AZ600 S. 4th St, Minneapolis, MNPay RangeReflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.$119,000.00 - $206,000.00BenefitsWells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.Health benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursement
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