Senior Compliance Specialist - Home Lending Default Servicing

About This Role

Wells Fargo is seeking a Senior Compliance Specialist in Corporate Risk as part of Home Lending Default Servicing Compliance. Wells Fargo Compliance Group is the company's compliance independent risk management function, providing company-wide leadership, standards, support, and independent oversight to ensure that all front-line business groups abide by applicable laws, rules, regulations, and regulatory guidance (regulatory requirements), meet compliance responsibilities, and manage compliance risks. Wells Fargo Compliance challenges management decisions, business processes and activities, and evaluates and assesses adherence to applicable regulatory requirements. It provides appropriate analysis, reporting, and escalation to senior management and the Board of Directors, sets minimum standards for the company, and gives advice, guidance, and support for compliance risk management activities across the enterprise.

Learn more about the career areas and business divisions at wellsfargojobs.com .

In This Role, You Will

• Support the Enterprise Compliance Program Policy, as it relates to Home Lending Servicing functions, including coordinating with the front line, risk and compliance teams on metric development and enhancement, monthly metric reporting, monitoring and escalations, engagement in complex systemic projects for regulatory impact, etc.
• Consult with partners and develop, implement, challenge and monitor a comprehensive suite of risk-based metrics designed to identify root cause in adherence to key Home Lending Service functions
• Provide subject-matter guidance for home lending related topics
• Monitor metric results and identify breaches of risk appetite and key indicators, oversee and challenge root cause analysis and facilitate action plan remediation, as needed
• Escalate breaches in a timely manner to appropriate governance committees and business leadership
• Communicate and present complex analysis to management, front line, risk partners, legal and audit specific to performance of key Home Lending servicing functions
• Collaborate to assist and identify regulatory impact within the agile framework, challenge business requirements that translate business needs into complex analysis designs and recommendation
• Lead creation and/or review and challenge of new/updated procedures and guidelines; considered subject matter expert
• Lead implementation of complex initiatives with high risk, generally spanning multiple areas
• Works independently, leads projects and mentors but does not manage other employees
• Build relationships with corporate, business leaders, Legal, Audit, CRO, Operations Risk partners, Control, regulators, and industry partners on risk related topics.
• Provide direction to the business on developing corrective action plans and effectively managing regulatory change.
• 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
  
  

Required Qualifications:

• 4 years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  
  

Desired Qualifications:

• Strong understanding of mortgage servicing business processes, risk and control requirements
• Knowledge and understanding of risk-based regulatory compliance including the industry and Consumer Protection laws and regulations that apply to Default or Performing Home Mortgage Servicing
• Experience communicating and coordinating with senior management, Front Line Control Executive teams, the Law Department, Internal Audit and external customers as necessary
• An active Certified Regulatory Compliance Manager (CRCM) designation
• Proven track record of building and maintaining strong working relationships and coordinating with stakeholders to achieve goals
• Strategic vision to drive and execute change both with partners and amongst their team
• Ability to integrate compliance requirements across a large, highly complex business
• Experience serving as regulatory compliance advisor to business management
• Ability to communicate complex concepts in a clear, simplified manner
  
  

Job Expectations:

• Ability to travel up to 15% of the time.
• This position offers a hybrid work schedule.
• Willingness to work onsite at stated location on the job posting.
• This position is not eligible for VISA sponsorship.
  
  

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$84,000.00 - $149,400.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement
  
  

Posting End Date:

6 Apr 2025

• Job posting may come down early due to volume of applicants.
  
  

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Applicants With Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment And Hiring Requirements

• Third-Party recordings are prohibited unless authorized by Wells Fargo.
• Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
  
  

Reference Number

R-445998-6