About this role:

Wells Fargo is seeking a Senior Lead Compliance Officer in Corporate Risk as part of Corporate and Investment Banking (CIB) Compliance. Learn more about the career areas and lines of business at wellsfargojobs.com . Specifically, this role will join the Research Compliance team, responsible for administering the compliance program for the Equity Research and Economics businesses. The team provides timely guidance to the business unit on matters related to the Global Equity Research Settlement and FINRA Rule 2241 as well as all other applicable Firm and regulatory requirements. The team monitors new rules and regulations and industry standards and maintains written policies. The team is also responsible for monitoring interactions between Equity Research and Investment Banking including the chaperone program.

In this role, you will:

• Analyze complex issues related to, among other things Research independence, conflicts of interest, information barriers, cross-border issues, interactions with clients, and internal groups such as Banking, Sales, and Trading
• Advise Research Department pursuant to applicable Research regulations including Global Research Settlement, and SEC, FINRA regulations and MiFID and other relevant regulations applicable to the Research
• Communicate with Research supervisors, analysts, and infrastructure personnel to assess risk and remediate issues and coordinate with Research Legal and Control personnel as appropriate
• Have familiarity with industry standard technologies including, but not limited to BlueMatrix, Bloomberg, Thomson ONE and other Sell-Side Research technology tools
• Actively monitor regulatory developments and trends; Act as an SME on matters concerning new rule proposals, existing and new Research products as well as chaperoning calls between Research and Banking
• Perform the monitoring, testing and surveillance of Research-related regulations and assist in the development and completion of additions to the program based on new business, regulation or anticipated regulatory focus
• Participate in Research industry groups to discuss regulatory expectations and industry best practices
• Participate in New Product Approval process, review new product, establish guidelines surrounding the approval of each initiative
• Participate in internal reviews, perform ad-hoc testing, assist in responding to regulatory inquiries, and coordinate internal and external audits and inspections
• Interact with Risk Management to ensure business processes remain compliant with Firm and Department policies and industry regulation
• Develop, enhance, and coordinate oversight metrics for supervisors
• Conduct onboard training and other ad hoc Research training and awareness activities, as needed.
• Assist with the implementation of the Risk Framework as the business goes through the Risk and Control Self-Assessment (RCSA) process
• Assist in the preparation of Compliance reports for Compliance Management, Senior Management, Executive Committees, and Risk Committees etc. as required
• Write policies and procedures from a second line of defense perspective
• Establish, implement, and maintain risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and Corporate Policy requirements
• 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
• Identify and recommend opportunities for process improvement and risk control development
• Make decisions and resolve issues to meet business objectives
• 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, US:

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

Desired Qualifications:

• Knowledge and understanding of the role of a Research Analyst or Economist as well as the inherent conflicts associated with Research, Information Barriers, and concepts related to sensitive and material non-public information
• Experience with how the Equity Research and Research Sales activities of a Sell-Side firm intersect
• Strong analytical skills, well organized, energetic, and able to juggle multiple projects and assignments
• Excellent verbal, written, and interpersonal communication skills
• Experience communicating clearly in both written and verbal formats with varying levels of the organization including leadership
• Highly motivated self-starter with ability to work collaboratively within a team and to deliver on time
• Ability to apply concepts from the research settlement, as well as SEC, FINRA, CFTC and MiFID regulations with respect to Conflicts of Interest Rules and other relevant areas
• Ability to assess potential conflicts of interest and liaise with various departments to manage conflicts
• A BS/BA degree or higher

Job Expectations:

• This position offers a hybrid work schedule

Posting Location:

• Charlotte, NC
• St. Louis, MO
• Minneapolis, MN
• Irving, TX
• West Des Moines, IA
• Tempe, AZ

Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered for Wells Fargo current employees.

This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply 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.

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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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.

Drug and Alcohol Policy

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