Lead Compliance Officer – Fixed Income Sales & Trading Compliance
| Company | Wells Fargo |
|---|---|
| Location | Charlotte, NC, USA, New York, NY, USA |
| Salary | $111100 – $237100 |
| Type | Full-Time |
| Degrees | |
| Experience Level | Senior |
Requirements
- 5+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Responsibilities
- Serve as the regulatory subject matter expert in a diverse range of regulatory requirements
- Provide regulatory compliance advice to the business within the Fixed Income Sales & Trading coverage and support day-to-day compliance inquiries and regulatory initiatives related to the Fixed Income Sales & Trading compliance program
- Execute on compliance activities related to the Fixed Income Sales & Trading and Strategic Relationship Management Groups
- Support the day-to-day Fixed Income Sales & Trading compliance program and address inquiries related to regulatory requirements.
- Prepare and provide management ready communications and reporting of compliance issues and activities
- Be accountable for executing on compliance initiatives impacting the Fixed Income Sales & Trading Compliance Team
- Provide oversight and monitoring of business group risk-based compliance programs
- Maintain compliance risk expertise and consulting for projects and initiatives with moderate to high risk, over multiple business lines
- 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
- Develop, oversee, and provide independent credible challenge to standards with subject matter expertise
- Provide direction to the business on developing corrective action plans and effectively managing regulatory change
- Report findings and make recommendations to management and appropriate committees
- Identify and recommend opportunities for process improvement and risk control development
- Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
- Monitor the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management
- Oversee the Front Line’s execution and challenges appropriately on compliance related decisions
- Make decisions and resolve issues to meet business objectives
- 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 to high risk compliance matters
- Interface with Audit, Legal, external agencies, and regulatory bodies on risk related topics
Preferred Qualifications
- Experience with Fixed Income
- Knowledge and understanding of FINRA and SEC rules and regulations
- Ability to provide advice and counsel to management on initiatives to improve risk management and internal controls
- Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
- Excellent verbal, written, and interpersonal communication skills, including the ability to articulate complex concepts in a clear manner across all levels of the organization
- Ability to leverage critical thinking skills while developing and executing action plans
- FINRA registration including FINRA Series 7 (or FINRA recognized equivalents)