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Senior Compliance Specialist; Trust Services Compliance Team

Wells Fargo

Wells Fargo

Multiple locations
Posted on Sunday, September 10, 2023

About this role:

Wells Fargo is seeking a Senior Compliance Specialist on the Fiduciary Compliance Team as part of Independent Risk Management. Learn more about the career areas and lines of business at This role will support Trust Services as part of the business aligned compliance team. This role supports business aligned compliance oversight for Trust Services; provides oversight and credible challenge on trust administration, philanthropic, and IRA. This role will work to support RCSA (both workshops and Annual Refresh, EBCE, SAA, etc.), along with a range of other BACO oversight and execution activities.

In this role, you will:

  • Provide subject matter expertise with comprehensive knowledge of compliance risk for fiduciary administration, specialty asset management, and Trust Services business.

  • Provide oversight of the Trust Services business through governance committee attendance and credible challenge.

  • 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

  • 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

  • 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:

  • Testing experience (WFAS, ITV), operational risk experience, familiarity with Agile/technology project management, regulatory experience/familiarity with the 12 CFR 9

  • Knowledge and understanding of financial services industry: trust, fiduciary law, and federal regulations

  • Knowledge and understanding of Risk and Control Self-Assessment (RCSA) or Shared Risk Platform (SHRP)

  • Advanced knowledge of issue management policy

  • Industry certification including, CFIRS, CAMS, CRCM, CTFA

  • Excellent verbal, written, and interpersonal communication skills

  • Strong analytical skills with high attention to detail and accuracy

  • Ability to evaluate risks and the impact of decisions on an overall organization

  • Ability to interact with integrity and a high level of professionalism with all levels of team members and management

  • Experience creating reports in response to management, audit, or regulatory requirements

  • Ability to articulate complex changes, issues, risks, and proposed solutions to various levels of staff and management in a clear concise manner

  • Advanced Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills

Job Expectations:

  • Willingness to work on-site at stated location on the job opening

  • This position offers a hybrid work scheduled

Posting Location:

  • Charlotte, NC

  • St. Louis, MO

  • Minneapolis, MN

  • West Des Moines, IA

  • Irving, TX

  • Tempe, AZ

This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Job posting may come down early due to volume of applicants

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.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.