View Job

Compliance Consultant 5-Virtual Channels-Digital

Wells Fargo | Saint Louis MO 63199 USA | Full Time | Posted: 08/16/2019

Job Descriptiontop

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. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk.
The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.

Payments, Virtual Solutions and Innovations (PVSI) Compliance institutes the development, implementation, and execution of the compliance strategy for PVSI supporting its’ payments platforms including digital capabilities, online, mobile, and phone channels, and innovation teams. PVSI Compliance provides independent oversight and support to PVSI lines of business including Operations, Cards & Retail Services, Deposit Products Group, Wells Fargo Virtual Channels, Innovations, and Treasury, Merchant Payments & Solutions.    

This position supports WF Digital Channel that provides digital capabilities, online and mobile banking, digital payments and wallets. In this role, the Compliance Consultant will provide independent Compliance oversight and support for WF Digital Channel team and digital products and services.

Primary Duties and Responsibilities:

  • Promote a strong Compliance culture throughout the Virtual Channels - Digital line of business
  • Provide Compliance oversight and subject matter expertise on regulatory compliance requirements
  • Provide advice to business management in the development of procedures and controls for the Digital Channel, designed to achieve and ensure compliance with corporate and regulatory requirements and corporate policies. 
  • Assess New Business Initiatives (proposed new products and services) and other key business projects for compliance risks; provide regulatory compliance requirements and controls, credible challenges and Compliance approvals.
  • Identify and escalate emerging risks or issues to management and risk partners as appropriate.  Collaborate with the business, control teams, legal and risk partners to document process and fulfillment concerns and propose solutions.
  • Monitor key business compliance issues, issue identification and timely resolution.
  • Maintain and foster strong relationships with product teams, Control partners, legal and other line of business to facilitate discussions and resolve issues.
  • Support Business Process mapping to ensure key compliance controls are identified/developed/documented.
  • Business Process and Controls- Evaluate business processes and controls impacted by emerging risk, recommend control enhancements; monitor key controls, identify, assess, escalate process issues and control gaps.
  • Assist in managing responses and addressing compliance issues raised in audit reports, independent testing and Self-Assessment reviews. 
  • May oversee junior compliance consultants in performing duties above

***Please Note:  Based on the volume of applications received, this job posting may be removed prior to the indicated close date. If you do not apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells Fargo.



Required Qualifications

  • 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



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
  • Ability to identify and present processes/operational enhancements
  • Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment
  • Ability to prepare management level presentations
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
  • Knowledge and understanding of financial services industry: compliance, regulatory, or legal operations
  • Experience consulting, influencing and partnering with business executives, leadership, human resources partners and peers



Other Desired Qualifications

Beyond experience, the right personal style and attitude are critical to success in this role

  • Strong knowledge and in depth understanding of digital banking channels, digital services, functionality and payments
  • Experience with the interpretation of laws, rulings and regulations impacting the Digital Channels and advise the business as appropriate, including (but not limited to) Reg E,  Reg P, Reg B, Reg Z,  TCPA, FCRA, UDAAP, eSign, Authentication as well as OCC guidances; subject matter expertise in one or more of these regulations is preferred
  • Providing advice that protects the Bank’s reputation and mitigates regulatory risk.
  • Ability to think critically, prioritize, work effectively and independently in a fast-paced, changing
  • Ability to present to senior management in a clear and concise manner in written and oral form
  • Experience in building and maintaining relationships, experience in collaborating with and providing credible challenge to business and risk management partners
  • Ability to partner with Regulatory Relations and Audit Services.   




Salary Information

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

MN-Minneapolis: Min: $110,600 Mid: $158,000
IA-West Des Moines: Min: $110,600 Mid: $158,000
IA-Des Moines: Min: $110,600 Mid: $158,000
NC-Charlotte: Min: $110,600 Mid: $158,000
TX-DAL-North Dallas: Min: $110,600 Mid: $158,000
MO-Saint Louis: Min: $110,600 Mid: $158,000
TX-San Antonio: Min: $110,600 Mid: $158,000
OR-Portland: Min: $110,600 Mid: $158,000



Street Address

MN-Minneapolis: 600 S 4th St - Minneapolis, MN
IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA
IA-Des Moines: 800 Walnut St - Des Moines, IA
NC-Charlotte: 550 S Tryon St - Charlotte, NC
TX-DAL-North Dallas: 14241 Dallas Parkway - Dallas, TX
MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO
TX-San Antonio: 4101 Wiseman Blvd - San Antonio, TX
OR-Portland: 1300 Sw 5th Ave - Portland, OR



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.

Job Detailstop

Location Saint Louis, MO, 63199, United States
Categories Quality Assurance/Safety

Location Maptop

Contact Informationtop

Contact Name -
How to apply Employer provided a link where your application will be accepted. Click on the link below and follow instructions.
Apply Click Here (apply to job)
Job Code 5494056-7
Advertisement

Featured Employers - view all