GBBC Member Careers

Lead Compliance Officer

Wells Fargo

Wells Fargo

Multiple locations
Posted on Sunday, September 10, 2023

About this role:

Wells Fargo is seeking a Lead Compliance Officer in Independent Risk Management (IRM) to join the Consumer, Small & Business Banking (CSBB) Compliance organization. This role will provide Business Aligned Compliance oversight for several strategic efforts lead by the CSBB Branch Systems & Transformation and the National Advice & Acquisition areas.

This compliance professional will engage with the front-line overseeing projects and business process implementations, reviewing business materials, and providing significant contributions to the Risk and Control Self-Assessment (RCSA) activities for their respective Risk Assessable Units (RAUs). This role will partner closely with the Control Management team as well as IRM partners and Legal. In addition, this Business Aligned Compliance Officer (BACO) role will be responsible for establishing, implementing, and maintaining risk standards and programs to drive compliance with federal, state, agency, legal, and regulatory and/or Corporate Policy and Compliance Program Policy requirements.

In this role, you will:

  • Provide oversight and monitoring of business group risk based compliance programs for consumer and small business

  • Leverage compliance risk expertise while consulting for projects and initiatives with moderate to high risk, over multiple business lines

  • 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 challenge appropriately on compliance related decisions

  • Provide direction to the business on developing corrective action plans and effectively managing regulatory change

  • Develop subject matter expertise on all compliance related policies and support front line partners in interpretation and effective execution of policy requirements

  • Independently recognize and proactively inform compliance leadership of emerging risks

  • Report findings and make recommendations to management and appropriate committees

  • Identify and recommend opportunities for process improvement and risk control development

  • Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

  • Monitor the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management

  • Oversee the Front Line's execution and challenges appropriately on compliance related decisions

  • 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

  • Work with complex business units, rules and regulations on moderate to high risk compliance matters

  • Interface with Audit, Legal, Independent Risk Management and Independent Testing & Validation on risk related topics

Required Qualifications, US:

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

Desired Qualifications:

  • A BS/BA degree or higher, Juris Doctor or paralegal experience

  • Active Certified Regulatory Compliance Manager (CRCM) designation

  • Knowledge and demonstrated experience applying consumer compliance laws and regulations, including UDAAP, Fair Banking, Reg. E, FCRA, Privacy, ADA, and Truth in Savings (Regulation DD)

  • Demonstrated ability to build strong partnerships with front line while effectively influencing a risk management mindset

  • Experience supporting Risk and Control Self-Assessment (RCSA) work

  • Solution-oriented mindset with experience developing process improvement strategies

  • Excellent verbal, written, and interpersonal communication skills

  • Strong analytical skills with high attention to detail and accuracy

  • Ability to interact with all levels of an organization, in a complex matrixed environment

Job Expectations:

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

  • This position offers a hybrid work schedule

  • This position is not eligible for Visa Sponsorship


  • NC-Charlotte: 401 S Tryon St - Charlotte, NC

  • TX-Irving: 250 E John Carpenter Fwy - Irving, TX

  • IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA

  • MN-Minneapolis: 600 S 4th St - Minneapolis, MN

  • AZ-Tempe: 1150 W Washington St - Tempe, AZ

  • MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO

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.