Senior Compliance Specialist – Fiduciary Compliance
| Company | Wells Fargo |
|---|---|
| Location | West Des Moines, IA, USA, Tempe, AZ, USA, Charlotte, NC, USA, St. Louis, MO, USA, Minneapolis, MN, USA, Irving, TX, USA |
| Salary | $84000 – $149400 |
| Type | Full-Time |
| Degrees | |
| Experience Level | Mid Level, Senior |
Requirements
- 4+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Responsibilities
- Provide subject matter expertise with comprehensive knowledge of compliance risk for fiduciary administration, specialty asset management, and Trust Services business.
- Provide oversight of the Trust Services business through governance committee attendance and credible challenge.
- Provide regulatory change management support for Trust Services business.
- Provide review and challenge of Trust Services policies and procedures.
- Develop and execute Compliance Monitoring Activities for Trust administration and specialty asset management.
- Participate and provide challenge to the RCSA process and lifecycle for Trust Services administrative and specialty asset management RAUs.
- 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.
- Provide oversight and monitoring of risk-based compliance programs.
- Provide compliance risk expertise and consulting for projects and initiatives with moderate risk for a business line or functional area.
- Monitor reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management.
- Provide direction to the business on developing corrective action plans and effectively managing regulatory change.
- Provide compliance risk expertise.
- Consult for projects and initiatives with moderate risk for a business line.
- Identify and recommend opportunities for process improvement and risk control development.
- 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 risk compliance matters.
- Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.
Preferred Qualifications
- 4+ years of trust services, philanthropic or estate settlement experience
- Ability to successfully explain and guide people through the process and manage any low-level process requirements
- Strong Analytical skills, critical thinking with problem solving competency
- Ability to redesign processes and enhance solutions through identifying technical solutions
- Experience collaborating and building relationships across multiple stakeholders
- Demonstrated ability to build and maintain strong relationships with key stakeholder groups
- Effective communication and presentation skills for varying levels of information
- Certified Trust And Fiduciary Advisor (CTFA) or Certified Regulatory Compliance Manager (CRCM)