Compliance Specialist

About this role:

Wells Fargo is seeking for a Compliance Specialist.

In this role, you will:

• Establish, implement and maintain risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and Corporate Policy requirements
• Oversee the Front Line's execution and challenges appropriately on compliance related decisions
• Support the oversight or monitoring of a risk-based compliance program
• Provide support in developing and overseeing standards with some business and functional knowledge
• Provide compliance risk insight and support projects and initiatives with low to moderate risk for a business line or functional area
• Work with a business unit, a defined set of rules and regulations on low to moderate risk compliance matters
• Support the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management
• Provide support in reporting findings and drafting recommendations to management
• Support and implement initiatives with low to moderate risk
• Interact with team to support risk oversight and monitoring
• Manage and ensure accuracy of data
• Troubleshoot system issues to determine root cause
• Research and implement new regulatory rules and manage other Registration Team related projects
• Identify and recommend opportunities for process improvement and risk control development
• Establish and maintain effective relationships with various teams
• Make decisions and resolve issues to meet business objectives
• Interpret policies, procedures, and compliance requirements
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
• Interact with internal customers
• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Required Qualifications:

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

Desired Qualifications:

• B.Com, MBA or M.Com with experience in Banking and Financial Services, and experience in risk management (includes compliance, regulatory change management, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management).
• Experience in Compliance, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

• Candidates with Law degree LLB/ LLM/ Companies Secretary would be preferred.
• Expertise in technology data entry related to laws, rules and regulations
• Ability to follow directions for using the SHRP Governance Management system (Archer platform)
• Excellent verbal and written communication skills
• Ability to articulate complex concepts in a clear manner
• Advanced Microsoft Office skills
• Good eye for detail and accuracy
• Execution oriented, professional demeanor, self-starter behavior and able to recognize opportunities for improvement in the business and to act on those opportunities
• Working knowledge on SharePoint would be an added advantage

Job Expectations:

• Create regulatory change alerts in the system of record
• Create compliance change requests in the regulatory inventory tool
• Perform citation research for various laws, rules and regulations applicable to Wells Fargo
• Perform quality checks on the work performed by junior resources in the team
• Engage with Quality Assurance, Vendor partners, Legal and Compliance teams to discuss key process updates and clarify questions
• Coach and train junior resources in the team
• Monitor process KPIs, metrics and support in timely execution of the deliverables as per the agreed quality standards and procedures
• Assist process manager in driving process efficiencies
• Assist in keeping the process procedures up to date

Posting End Date:

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.