Wells Fargo & Company (NYSE: WFC) is a leading global financial services company with $2.0 trillion in assets and offices in over 37 countries. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides asset management, capital raising and advisory, financing, foreign exchange, payments, risk management, and trade finance services to support customers who conduct business in the global economy. At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We also value the viewpoints of our team members and encourage them to be their best. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. Learn more at our International Careers website .
Corporate Risk Corporate Risk provides senior management and the Board with an independent perspective of the level of risk to which the Company is exposed and helps identify areas that may become major strategic or reputation risk for the Company. Corporate Risk's responsibilities include among others, developing, reviewing, and implementing company-wide risk governance documents; reporting on risk appetite and inner and outer boundary metric triggers; and credibly challenging Front Line risk decisions.
Corporate Compliance Wells Fargo Compliance is the company's compliance Independent Risk Review function, providing company-wide leadership, standards, support, and independent oversight to ensure that all business groups abide by applicable laws, rules, regulations and regulatory guidance (regulatory requirements), meet compliance responsibilities, and manage compliance risks. Wells Fargo Compliance credibly challenges management decisions, business processes and activities, and evaluates and assesses adherence to applicable regulatory requirements. It provides appropriate analysis, reporting, and escalation to senior management and the Board of Directors, sets minimum standards for the company, and gives advice, guidance, and supports compliance risk management activities across the enterprise.
Enterprise Functions Compliance (EFC) is responsible for overseeing compliance risk management across corporate staff functions, including Enterprise Risk. In addition, the group oversees regulatory requirements aligned to other Risk functions as well as a number of regulations and compliance programs that cross multiple lines of business.
Market Job Description
The Enterprise Functions Compliance Lead, based in Toronto, will oversee and execute EFC activities across the Americas region, including management of regulatory changes and oversight of Enterprise Functions regulatory requirements managed by other Risk groups. The role will also support the creation and support of Legal Entity Compliance risk assessments for Americas region. This role will work across the enterprise, requiring relationships with various key stakeholders including Enterprise Functions Compliance, Finance, Legal, Corporate Risk, Human Resources, and Technology. The role will drive consistent processes for end-to-end assessment and management of specific regulatory compliance risks in Americas region and across the enterprise enabling Wells Fargo to demonstrate compliance with applicable laws, rules, and regulations.
The Americas region Enterprise Functions Compliance Lead strives to foster an environment that ensures strong communication and cooperation among the three lines of defense and sustains a strong risk culture that identifies and provides oversight and escalation of existing and emerging compliance risk exposures across business groups, legal entities, geographies, and jurisdictions.
The Americas region Enterprise Functions Compliance Lead is accountable for coordinating with Enterprise Functions and LOB Compliance teams to ensure appropriate Compliance Coverage and Compliance Program execution for all enterprise functions, including Enterprise Finance, Technology and Data, Corporate Risk, Human Resources and Stakeholder Relations. This will include coverage of:
Managing the Enterprise Functions Compliance requirements of the Compliance Program in Americas region;
Managing or oversight (as appropriate) of those Americas region Major Compliance Requirements that relate to Enterprise Functions
Providing oversight for Enterprise Control Activity in Americas regions relating to Accounting and Reporting (including Tax), Human Resources, Legal, Business Continuity Planning and Data; and
Supporting the Head of Canada and LATAM Compliance in producing a single regulatory view of Americas region Compliance risk (inclusive of EFC).
The Americas region EFC Consultant will also support:
Regulatory change management;
Major Compliance Requirement Evaluations;
Control identification and/or development;
Credible challenge of business process management;
New business initiatives and product management;
Annual Compliance plan;
Compliance Aggregated Risk Assessment (CARA);
Compliance executive reporting;
Compliance monitoring coordination; and
Compliance issue management and escalation.
Market Skills and Certifications
10+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 10+ years of IT systems security, business process management or financial services industry experience, of which 5+ years must include direct experience in compliance, operational risk management, or a combination of both.
Advanced Microsoft Office skills
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
Education: A BSC/BA degree or higher
Knowledge/Skills/Ability to prepare presentations, management reporting, and statistical analysis
Demonstrated experience working with banking regulations and/or prudential regulatory guidance.
Demonstrated experience with regulatory change management, including monitoring new regulations or changes to existing regulations to determine impact.
Experience in identifying and assessing emerging regulatory compliance risk associated with Enterprise Functions.
Experience communicating with financial services regulators and or internal audit.
Ability to integrate end-to-end business process knowledge and assessment into oversight activities.
Experience with conducting risk assessments - assessing the adequacy of policies, procedures, processes, and compliance and operational controls in a significantly large and complex organization.
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, colour, gender, gender identity, sexual orientation, national or ethnic origin, age, disability, religion or any other status protected by applicable legislation, 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.
Internal Number: 6735196
About Wells Fargo
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