|Compliance Sr Associate (Governance Risk & Compliance Controls Team)|
Company: Wells Fargo
Location: New York, NY
Employment Type: Full Time
Date Posted: 06/24/2021
Expire Date: 07/29/2021
Job Categories: Accounting/Auditing, Banking, Finance/Economics, Financial Services, Information Technology, Insurance, Law Enforcement, and Security, Military, Quality Control, Research & Development
Compliance Sr Associate (Governance Risk & Compliance Controls Team)|
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.
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.
As the company's second line of defense, Corporate Risk — or Independent Risk Management — provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework and ensure all employees understand their individual accountability for managing risk.
This Compliance Sr Associate will (1) assist with the build-out of a regulatory monitoring program, performing initial impact assessments and/or assessing the applicability of regulatory changes affecting the CIB compliance program; (2) assist with the implementation of new laws, regulations, policies, Corporate requirements, and new products (including the effective transition to the new RCSA platform for Risk Identification and Assessment and oversight of SHRP DQ initiative); (3) facilitate the determination in close coordination with Business Unit Compliance Officers (BUCOs) relative to the applicability of regulations and laws and/or policies to their respective coverage area(s); (4) facilitate in close coordination with the BUCOs the applicability, design, documentation, and overall effectiveness of front line controls intended to mitigate risk of certain laws, regulations, and/or policies; (5) facilitate the identification of monitoring controls in close coordination with BUCOs in an effort to construct a comprehensive compliance monitoring program pursuant to corporate policy; (6) assist with maintaining the Wells Fargo enterprise risk management systems of record on behalf of the CIB compliance program, in conjunction with input from BUCOs, Control Executives, Regulatory Proponents, and other support partners relative to the data points reported in those systems. This role is a priority because it is integral to the corporate Risk Transformation.
Other Desired Qualifications
NC-Charlotte: 550 S Tryon St - Charlotte, NC
Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.