Senior Compliance Specialist Trade Surveillance

About this role:

Wells Fargo is seeking a Senior Compliance Specialist to help establish, implement, and maintain risk standards and programs to drive compliance with federal, state, agency, legal, and regulatory and/or Corporate Policy requirements. The Senior Compliance Specialist will join the Enterprise Compliance Control Group Surveillance team.  This team is part of the broader Enterprise Compliance Operations team (“ECO”) that reports into the Chief Compliance Officer of Wells Fargo Corporation.

The Sr. Compliance Specialist is responsible for monitoring the flow of material nonpublic information and preventing/detecting insider trading using an information barrier program, a key component of which is trade surveillance. The Enterprise Compliance Control Group surveillance team is tasked with monitoring employee, and institutional trading activity within the Corporate and Investment Bank, as well as retail client and discretionary trading activity within Wealth and Investment Management to identify any suspicious activity associated with trading on material non-public information for issuers on the firm’s Watch List or for compliance with the firm’s Restricted List policies.  Additionally, a responsibility of this role is to assist in the execution of the team’s technology book of work associated with the trade surveillance platform.

In this role, you will:

• Conducting Retail information barrier trade surveillance for customer and employee activity.

• Review, research and disposition market abuse and rule-based trade surveillance alerts across different asset classes.

• Investigate and escalate suspicious trading activity while maintaining thorough documentation of findings.

• Monitoring the flow of material nonpublic information (MNPI) to detect potential breaches of the firm's Information Barrier Policy, restricted list, and insider trading.

• Assist in regulatory inquiries, audits, and examinations by preparing reports and documentation.

• Provide oversight and monitoring of risk-based compliance programs.

• Make decisions and resolve issues to meet compliance surveillance objectives.

• Support the reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding compliance risk management.

• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.

• Evaluate potential exceptions based on securities laws, regulations, and internal policy.

• Participating in the design and implementation of surveillance tools, monitoring processes and strategies to manage Information Barrier risk.

• Support and implement initiatives with low to moderate risk.

• Troubleshoot system issues to determine root cause.

• Identify and recommend opportunities for process improvement and risk control development.

• Establish and maintain effective relationships with various teams.

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:

• Extensive experience in the review of trade surveillance alerts across market conduct / abuse behaviors as well as rules-based surveillance using surveillance

• Prior Compliance information barrier/Control Group or surveillance related experience

• Understanding of securities products and trade processes including stocks, bonds and options

• Proficient knowledge of data sets for trading in all asset classes/products, including but not limited to quotes, orders and executions

• Excellent verbal, written, and interpersonal communication skills

• Strong analytical skills with high attention to detail and accuracy

• Ability to interact and partner within all levels of an organization

• Adaptable to a collaborative work environment with multiple priorities and strict timelines

Job Expectations:

• This position offers a hybrid work schedule

• This position is not eligible for Visa sponsorship

• This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents

• Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Posting End Date: 

*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.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.