Compliance Consultant 4

Wells Fargo - Minneapolis, MN

Full-time
Job Description
At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. We focus on three key risk areas: credit risk, operational risk and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take appropriate action when business activities exceed the risk tolerance of the company.

Within Wells Fargo Compliance, the Enterprise Testing group is responsible for establishing and maintaining a consolidated Enterprise Testing program at the corporate level. Enterprise Testing is responsible for developing a common methodology and standards, providing governance and oversight, executing testing; and conducting horizontal reviews. Testing and validation teams are responsible for implementing the Enterprise Testing methodology and standards, and executing group-specific testing.

The Consumer Banking (CB) and Payments, Virtual Solutions and Innovation (PVSI) Enterprise Testing team, is seeking five Compliance Consultant 4's to execute the financial crimes testing plan for all of CB and PVSI. These team members will primarily serve in a review lead capacity for the financial crimes (BSA/AML and OFAC) reviews but may also execute in a tester capacity. They will be responsible for execution of all aspects of the Enterprise Testing methodology including: Plan and Prepare, Execute, Identify Issues and Corrective Actions, and Report and Escalate Results will be expected.

Specific Job Responsibilities include:
Lead all phases of BSA/AML/OFAC regulatory compliance test engagements, including planning, scoping, designing testing strategy and test steps, executing testing, presenting findings to management and writing final reports
Execute process walkthroughs, identifying and understanding primary/key controls, evaluating control design and the suite of controls
Manage engagements to planned dates, resources, and hours
Execute throughout the life cycle of the review activities to ensure the adequacy/accuracy of scope, sampling, testing approach, issues, work papers, quality reviews, etc.
Develop subject matter expertise and a thorough understanding of the processes and regulations reviewed
Receive quality assurance feedback positively and take appropriate actions to address areas requiring attention
Identify continuous improvement opportunities, and implement routines to drive effectiveness and efficiency
Influence line of business and control executive teams to resolve issues, develop sound corrective actions, and strengthen internal controls
Write reports that clearly articulate work performed and summarize testing results to business leadership, executive management, and the board
This role will be open to any location with in the Corporate Risk Footprint

Required Qualifications

6+ 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 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both

Desired Qualifications

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
A BS/BA degree or higher
2+ years of financial crimes experience
2+ years of BSA/AML experience
Experience creating, executing, and documenting compliance testing
Certified Anti Money Laundering Specialist (CAMS)
Solid critical thinking skills
An active Certified Regulatory Compliance Manager (CRCM) designation
Certified Internal Auditor (CIA)
Exposure to Wells Fargo s Shared Risk Platform (SHRP)

Other Desired Qualifications
Experience in Audit, Compliance, Risk, and Testing
Experience reviewing business processes and identifying control gaps
Ability to read, analyze, and interpret regulations, policies, reports and business processes
Experience developing and enhancing compliance programs
Experience working effectively across business units to identify and mitigate risk
Demonstrated leadership on high risk projects or initiatives
Working knowledge of Bank Secrecy Act and financial services related regulations and expectations
Experience using data analytics strategies to analyze populations and assess compliance and/or controls
Ability to coordinate and manage projects
Advanced degree preferred (e.g., JD, MBA, etc.)
Wells Fargo systems knowledge (Hogan, UW, etc.)

Salary Information
The salary range displayed below is based on a Full-time 40 hour a week schedule.

CA-SF-Financial District: Min: $96,600 Mid: $138,000
MN-Minneapolis: Min: $80,500 Mid: $115,000
NY-New York: Min: $96,600 Mid: $138,000
MO-Saint Louis: Min: $80,500 Mid: $115,000
IA-Des Moines: Min: $80,500 Mid: $115,000
NC-Charlotte: Min: $80,500 Mid: $115,000

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

CORP RISK/CORPORATE RISK