Wells Fargo
Lead Compliance Officer-SHIFT Auto Lending Business Aligned Compliance Officer (
Wells Fargo, Irving, Texas, United States, 75084
About this role:
Wells Fargo is seeking a Lead Compliance Officer for the Auto Lending Business Aligned Compliance (BACO) Team as part of Consumer Lending Compliance. The Lead Compliance Officer will be responsible for providing compliance support to Auto Brand and Product Managers development and implementation of brand strategies. In addition, this role is responsible for overseeing certain aspects of the business' implementation of the Compliance Program Policy and the Auto Lending Compliance team's implementation of the Compliance Program Policy.
With respect to the compliance program work, this individual may be asked to undertake or lead the Auto Lending Compliance team's work with one or more of the elements of the compliance program, which could include compliance risk assessments, initiative management, implementation of policies and standards, compliance issue management, metrics, and reporting.
Learn more about the career areas and lines of business at wellsfargojobs.com (https://www.wellsfargojobs.com/career-areas/) .
In this role, you will:
Provide Compliance support for Auto business growth strategies and evaluation
Compliance oversight for the coordination of SHIFT and Wells Fargo relationship, including communication and execution between the brands and the two organizations
Provide Compliance oversight of the Front line’s execution of the program and potential compliance impacts
Partner with Front Line to review proposed changes and provide insight into potential compliance risks that require further assessment or mitigation
Document and provide regulatory compliance risk expertise and consulting for projects and other strategic initiatives
Provide oversight and monitoring of business group risk-based compliance programs
Serve as a point of contact for risk, control, self-assessment questions tied to program
Maintain compliance risk expertise and 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
Provide direction to the business on developing corrective action plans
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
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, external agencies, and regulatory bodies on risk related topics
Required Qualifications:
5+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Experience in risk management, regulatory consumer compliance and management consulting
5+ years of Auto Lending Compliance experience
Experience developing, implementing, and monitoring a risk-based compliance program to assure compliance with federal, state, agency, legal and regulatory requirements
Experience performing credible challenge related to change management
Strong organizational and tracking skills to close out on agreed upon action items
Strong written and verbal communication skills
Ability to create ad hoc compliance risk assessments and monitoring plans for complex, wide-reaching projects and/or initiatives
Ability to be a thought leader and proactively present concerns and escalations to senior management
MBA, JD, Bachelor’s degree, Paralegal degree, certification or equivalent education
An active Certified Regulatory Compliance Manager (CRCM) designation or working toward getting the CRCM
Job Expectations:
Ability to travel up to 15% of the time.
This position offers a hybrid work schedule.
Willingness to work onsite at stated location on the job posting.
This position is not eligible for VISA sponsorship.
Posting End Date:
26 Nov 2024
*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, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-drug-and-alcohol-policy) 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.
Req Number: R-418317
Wells Fargo is seeking a Lead Compliance Officer for the Auto Lending Business Aligned Compliance (BACO) Team as part of Consumer Lending Compliance. The Lead Compliance Officer will be responsible for providing compliance support to Auto Brand and Product Managers development and implementation of brand strategies. In addition, this role is responsible for overseeing certain aspects of the business' implementation of the Compliance Program Policy and the Auto Lending Compliance team's implementation of the Compliance Program Policy.
With respect to the compliance program work, this individual may be asked to undertake or lead the Auto Lending Compliance team's work with one or more of the elements of the compliance program, which could include compliance risk assessments, initiative management, implementation of policies and standards, compliance issue management, metrics, and reporting.
Learn more about the career areas and lines of business at wellsfargojobs.com (https://www.wellsfargojobs.com/career-areas/) .
In this role, you will:
Provide Compliance support for Auto business growth strategies and evaluation
Compliance oversight for the coordination of SHIFT and Wells Fargo relationship, including communication and execution between the brands and the two organizations
Provide Compliance oversight of the Front line’s execution of the program and potential compliance impacts
Partner with Front Line to review proposed changes and provide insight into potential compliance risks that require further assessment or mitigation
Document and provide regulatory compliance risk expertise and consulting for projects and other strategic initiatives
Provide oversight and monitoring of business group risk-based compliance programs
Serve as a point of contact for risk, control, self-assessment questions tied to program
Maintain compliance risk expertise and 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
Provide direction to the business on developing corrective action plans
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
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, external agencies, and regulatory bodies on risk related topics
Required Qualifications:
5+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Experience in risk management, regulatory consumer compliance and management consulting
5+ years of Auto Lending Compliance experience
Experience developing, implementing, and monitoring a risk-based compliance program to assure compliance with federal, state, agency, legal and regulatory requirements
Experience performing credible challenge related to change management
Strong organizational and tracking skills to close out on agreed upon action items
Strong written and verbal communication skills
Ability to create ad hoc compliance risk assessments and monitoring plans for complex, wide-reaching projects and/or initiatives
Ability to be a thought leader and proactively present concerns and escalations to senior management
MBA, JD, Bachelor’s degree, Paralegal degree, certification or equivalent education
An active Certified Regulatory Compliance Manager (CRCM) designation or working toward getting the CRCM
Job Expectations:
Ability to travel up to 15% of the time.
This position offers a hybrid work schedule.
Willingness to work onsite at stated location on the job posting.
This position is not eligible for VISA sponsorship.
Posting End Date:
26 Nov 2024
*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, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-drug-and-alcohol-policy) 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.
Req Number: R-418317