Senior Lead Compliance Officer - Fair Lending Consumer Compliance

About this role:

Wells Fargo is seeking a Senior Lead Compliance Officer in Fair Lending within the Horizontal Compliance Program who will be responsible for assisting in the development, implementation, and oversight of a risk-based, independent enterprise Fair Lending program to ensure compliance with Fair Lending laws, rules, and regulations and the WFC Fair Lending policy. Learn more about the career areas and lines of business at wellsfargojobs.com.

In this role, you will:

• Build out a Fair Lending program to include oversight and monitoring of business group risk-based compliance programs specific to mitigating potential discrimination in non-lending products and services.

• Provide strategic direction for the overall Fair Lending program to strengthen risk management including alignment with regulatory risk management expectations. 

• Provide oversight and monitoring of business group risk-based compliance programs specific to discrimination in lending and non-lending products and services. Report findings and make recommendations to management and appropriate committees.

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

• 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. Interface with Audit, Legal, external agencies, and regulatory bodies on risk related topics.

• Develop, oversee, and provide independent credible challenge to standards with subject matter expertise. Work with complex business units, rules and regulations on moderate to high-risk compliance matters.

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

• Report findings and make recommendations to management and appropriate committees.

Required Qualifications:

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

Desired Qualifications:

• Extensive understanding of the customer discrimination laws as they are applicable to lending and non-lending products and services.

• Regulatory experience such as having recently focused on consumer compliance in large banks at a regulatory agency or worked directly with regulators to drive large bank compliance risk management with a deep regulatory knowledge of consumer practices and related regulations and requirements.

• Ability to work with project managers and business partners to design and establish oversight processes for newly developed programs or requirements.

• Ability to work with complex business and/or special programs; providing compliance and risk expertise and consulting for special projects and initiatives with high risk to identify and mitigate fair lending and banking risk.

• Ability to prepare associated fair lending and banking related reports as needed.

• Experience monitoring status of fair lending and banking reviews in progress and those completed along with any associated corrective actions.

• Ability to collaborate with key Fair Lending Program stakeholders.

• Strong, clear, and concise written and oral communication skills.

• Ability to simultaneously lead multiple projects.

• Ability to assess issues, make quick decisions, implement solutions, and influence change.

Job Expectations:

• 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.

• Ability to travel up to 15% of the time

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.

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:

*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:

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.