Wells Fargo is hiring

Lead Business Execution Consultant - Compliance Monitoring Program job at Wells Fargo, St. Louis

This job is expired

Find similar jobs



At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

About this role:

Wells Fargo is seeking a Lead Business Execution Consultant on the Compliance Strategy, Planning & Governance Team as part of Independent Risk Management. Learn more about the career areas and lines of business at wellsfargojobs.com .

The Lead Business Execution Consultant will be an individual contributor of the Monitoring and Controls Office with primary focus on the Compliance Monitoring Program. Similar to Audit testing, the Monitoring and Controls Office will perform quality assurance (QA) of the quality of design and execution for Compliance monitoring activities, plans, processes, controls, milestones, etc.

Responsibilities include:
  • Supporting the management and execution of the Compliance Monitoring Program in adherence to the Independent Risk Management (IRM) Monitoring Policies and Procedures.
  • Applying a consistent and repeatable process engaging with stakeholders to understand monitoring activities, plans, processes, associated controls, design custom QA scripts for that process, execute and document high-quality Quality Assurance Reviews (to include employing a sampling strategy), and report on the findings.
  • Documenting all findings and communicate and defend the reason for the findings when appropriate.
  • Engage and communicate with senior Compliance leaders.
  • The Monitoring and Controls Office will provide the Chief Compliance Officer a view into the quality of execution (i.e. timeliness, data quality, policy adherence, etc.) of the Compliance Monitoring Program.
In this role, you will:
  • Provide oversight and monitoring of business group risk based compliance programs
  • 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
  • Oversee the Front Line's execution and challenges appropriately on compliance related decisions
  • Develop, oversee, and provide independent credible challenge to standards with subject matter expertise
  • Provide direction to the business on developing corrective action plans and effectively managing regulatory change
  • 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, external agencies, and regulatory bodies on risk related topics
Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered for current Wells Fargo employees.

Required Qualifications, US:
  • 5+ years of Management Consulting, Strategy Consulting, or Business Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
  • Prior experience leading Compliance Program Monitoring
  • Experience reviewing testing strategies and methodologies; evaluating the adequacy and effectiveness of policies, procedures, processes, initiatives, products and internal controls; and identifying issues resulting from internal and/or external compliance examinations
  • Business process testing experience
  • Knowledge and understanding of Six Sigma methodology or related business process experience
  • An active Certified Public Accountant (CPA) designation or other related designations or certifications
  • Experience working with the Shared Risk Platform (SHRP) or ARCHER
  • Experience working with the Independent Risk Management Monitoring (IRMM) Tool
  • Ability to communicate effectively, in both written and verbal formats, with senior executive-level leaders
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, 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.


Job country: United States

City: St. Louis

Category: Business Operations Specialists, All Other

Location: St. Louis, MO, United States

Job posted 2022-06-04

This job is expired

Find similar jobs