Compliance Sr. Associate; Conduct Risk Program Execution Team- Aggregated Reporting and Analys

Saint Louis Park, Minnesota
November 21 2020
Job Description

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 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.

Conduct Risk is responsible for establishing a set of policies and risk management requirements to enable Wells Fargo to effectively manage current and emerging conduct risks in a manner consistent with the company's values, ethical principles, and supervisory guidance and expectations; performing independent oversight and credible challenge to the front line's adherence to those requirements; and providing independent oversight to the management of misconduct allegations, and customer complaints.

Role supports conduct risk oversight and ensures conduct risk data/metrics, risk aggregation, and risk profiling is developed and monitored adequately. Addresses regulatory expectations and compliance requirements.

Additional responsibilities include:
  • Identify, develop, and execute on reporting needs. Partner with peer teams to develop and deliver on reporting to senior management, risk committees, and board reporting.
  • Review reporting and data to identify emerging risk, trends, areas needing focus, and direction of risk. Per form deep dives into data to identify concentration of risk, and work with peer team to understand root causes and next actions.
  • Recommend metrics or data sets to better monitor the various conduct risk types. Identify connection points in different data sets to connect lifecycle of sales practices misconduct and outcomes.
  • Use data to answer leader, board, and regulator inquiries on state and direction of the various conduct risk types.
  • Develop and contribute to reporting for management, senior management, compliance committee, and board. Contribute to regulator reporting.
  • Identify and use data to report on level of the various conduct risk types, identify metrics over time, and measure outcomes. Understand the various conduct risk types processes and data sets within lines of business and enterprise functions.
  • Understand data and data collection processes and develop repeatable, sustainable processes for reporting. Develop documentation and provide evidence for judgments and risk decisions, and communicate with auditors and regulators to explain process.
  • Documentation of process and procedures

***Due to high volumes, this position may close to applicants earlier than anticipated.***

Required Qualifications

  • 5+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 5+ years of financial services industry experience, of which 3+ years must include direct experience in risk management

Desired Qualifications

  • Excellent verbal, written, and interpersonal communication skills
  • Good analytical skills with high attention to detail and accuracy
  • Ability to exercise independent judgment to identify and resolve problems
  • Advanced Microsoft Office skills
  • Ability to quickly establish credibility to build and maintain effective working relationships
  • Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members
  • Experience communicating and presenting complex information to multiple levels of the organization
  • Tableau experience
  • Experience using and adjusting model-based representations to collect, aggregate or disaggregate complex information within a business
  • Knowledge and understanding of metrics based analysis: reporting and trend analysis
  • Exposure to Wells Fargo s Shared Risk Platform (SHRP)
  • Operational risk, conduct risk or compliance domain experience

Other Desired Qualifications
  • Ability to understand key concepts of conduct risk (sales practices, ethics, insider threat, and internal fraud) and how conduct risk is identified and mitigated within lines of business and enterprise functions; ability to identify gaps, areas of improvement, and best practices.
  • Experience with documentation of policy and procedures/
  • Working knowledge of ARCHER
  • Certificate in Operational Risk Management (ABA)
  • Certificate In Risk Management (CRMA)
  • Certified Risk And Compliance Management Professional (CRCMP)
  • Certified Compliance & Ethics Professional (CCEP)
  • Certified Risk Professional Program (CRP)
  • An active Certified Regulatory Compliance Manager (CRCM) designation
  • Certified Fraud Exami

Job Expectations

  • Ability to travel up to 10% of the time
  • Willingness to work on-site at stated location on the job opening

Street Address

NC-Charlotte: 301 S College St - Charlotte, NC
NC-Charlotte: 401 S Tryon St - Charlotte, NC
TX-DAL-Downtown Dallas: 1445 Ross Ave - Dallas, TX
TX-Irving: 250 E John Carpenter Freeway - Irving, TX
TX-Plano: 4975 Preston Park Blvd - Plano, TX
IA-Des Moines: 206 8th St - DES MOINES, IA
IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA
MN-Minneapolis: 600 S 4th St - Minneapolis, MN
MN-Minneapolis: 2650 Wells Fargo Way - Minneapolis, MN
MN-Saint Louis Park: 435 Ford Rd - Saint Louis Park, MN
NY-New York: 150 E 42nd St - New York, NY
NJ-Summit: 190 River Rd - Summit, NJ
AZ-PHX-Central Phoenix: 100 W Washington St - Phoenix, AZ
AZ-PHX-Northwest Phoenix: 2222 W Rose Garden Ln - Phoenix, AZ
AZ-Chandler: 2700 S Price Rd - Chandler, AZ
MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO


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.

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