Senior Compliance Specialist (Consumer Lending Shared Services)

About this role:

Wells Fargo is seeking a Compliance Specialist as part of Consumer Lending Shared Services Compliance Team.  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 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
• Provide oversight and monitoring of risk-based compliance programs
• Develop and oversee standards
• Provide subject matter expertise with comprehensive knowledge of business and functional area
• Provide compliance risk expertise and consulting for projects and initiatives with moderate risk for a business line or functional area
• Monitor reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management
• Provide direction to the business on developing corrective action plans and effectively managing regulatory change
• Provide compliance risk expertise
• Consult for projects and initiatives with moderate risk for a business line
• Identify and recommend opportunities for process improvement and risk control development
• Provide direction to the business on developing corrective action plans and effectively managing regulatory change
•  Report findings and make recommendations to management appropriate committees
•  Interpret policies, procedures, and compliance requirements
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
•  Work with complex business units, rules and regulations on moderate risk compliance matters
•  Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Required Qualifications:

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

Desired Qualifications:

• Knowledge and understanding of Fair Lending, UDAAP and Community Reinvestment Act regulations and laws 
• Demonstrated experience executing compliance programs that support adherence to financial services regulations and/or prudential regulatory guidance
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
•  Ability to exercise independent judgment to identify and resolve problems using the power of influence
• Experience identifying and assessing regulatory compliance risk for large complex financial institutions
•  Demonstrated ability to efficiently condense complex information and scenarios to essential elements for executive recommendations & consumption
• Experience with issue management and root cause analysis
• Strong analytical skills with high attention to detail and accuracy
• Ability to communicate effectively, in both written and verbal formats, with senior - level leaders

Job Expectations:

• Willingness to working on-site, hybrid work schedule.
• This position is not eligible for VISA sponsorship

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$84,000.00 - $149,400.00

Benefits

Wells 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 benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption rei