Job Description

Compliance Executive

As the company's second line of defense, Corporate Risk - or Independent Risk Management - provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework and ensure all employees understand their individual accountability for managing risk.

Wells Fargo is seeking a Compliance Executive who will oversee compliance risk management activities the UDAAP and Fair Lending horizontal compliance programs. This leader will oversee compliance program execution in operational functions, management of regulatory changes and oversight of regulatory requirements under these horizontal compliance programs. This role will work across the enterprise requiring collaboration with various key stakeholders including Legal, Risk, Compliance partners and business leaders. This Compliance leader will be expected to apply proper attention and engagement to compliance matters and oversee the escalation and resolution of any compliance risk management issues within or applicable to the assigned group/function, driving consistent processes for end-to-end assessment and management of specific regulatory compliance risks across the enterprise, enabling Wells Fargo to demonstrate compliance with applicable laws, rules, and regulations.

In this role, you will:

• Provide vision and set direction for Compliance including multiple high impact initiatives to achieve long term strategic objectives that impact management across functions.
• Manage and lead team with the implementation of the companywide compliance program with high-risk complexity.
• Direct and oversee complex regulatory environments including establishing standards
• Oversee the Front Line's execution and challenges appropriately on compliance related decisions.
• Manage an aspect of the companywide compliance program for a business group or functional area with high risk and complexity. Oversee and monitor specific elements of the companywide compliance program.
• Effectively engage and collaborate across all areas of the Compliance Program
• Develop and deliver high quality presentations to senior management, Audit, and regulators.
• Provide compliance risk and regulatory subject matter expertise for a defined set of moderate risk compliance program elements.
• Provide reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding compliance risk management.
• Identify and recommend opportunities for process improvement and risk control development
• Engage regularly with the Legal Department on current and emerging compliance risks and interact routinely with Audit and regulators on compliance related topics.
• Make decisions and resolve issues to meet business objectives
• Interpret policies, procedures, and compliance requirements
• Collaborate and influence all levels of professionals including managers
• Manage allocation of people and financial resources for Compliance
• Develop and guide a culture of talent development to meet business objectives and strategy

The Candidate

Required Qualifications:

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

Desired Qualifications:

• 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 UDAAP and fair lending regulations at the federal and state level, [including relevant aspects of the Dodd Frank Act (e.g., Title VII and the Volcker Rule)] and associated compliance programs.
• Deep experience in the areas of UDAAP and Fair Lending
• 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.
• 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 large-scale organizational change
• Proven ability to build and lead high-performing teams, ensuring proper staffing and expertise, and manage the establishment of major policies and relevant compliance programs across major business divisions within a large and complex organization.
• Ethical integrity and proven ability to serve as a role model by reinforcing and demonstrating Wells Fargo's Company Expectations
• Advanced Degree preferred (Masters, MBA, or JD)

Job Expectations:

• Ability to travel up to 15% of the time

Total Base Pay Range

• $207,900.00 - $431,900.00 Annual

Benefits

• Information about Wells Fargo's employee benefits

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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