Lead Compliance Officer - Home Lending

About the role

Wells Fargo is seeking a Lead Compliance Officer to join the Home Lending Compliance organization. As part of Wells Fargo's second line of defense and Independent Risk Management team, this role is responsible for establishing, implementing, and maintaining risk standards and programs to drive compliance with federal, state, agency, legal, regulatory, and Corporate Policy requirements.

Responsibilities

• 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, across multiple business lines.
• Establish, implement, and maintain risk standards and programs to ensure compliance with federal, state, agency, legal, regulatory, and Corporate Policy requirements.
• Oversee the Front Line's execution and appropriately challenge 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.
• Monitor the reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding compliance risk management.
• 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.

Requirements

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

Qualifications

• Strong understanding of mortgage business processes, regulations, and mortgage risk management systems.
• Experience managing engagements with regulators and auditors.
• Experience with regulations related to Capital Markets processes and Capital Markets business knowledge.
• Understanding of banking risk and control systems and issue management processes.
• Ability to communicate complex concepts in a clear, simplified manner to executive leadership and law department partners.
• An active Certified Regulatory Compliance Manager (CRCM) designation.
• Strong background with mortgage consumer protection regulations including TILA, Reg B, FCRA, SCRA, ADA, RESPA, Privacy, State Law, etc.

Job Expectations

• Willingness to work on-site at a designated location.
• This position offers a hybrid work schedule.
• This position does not offer Visa sponsorship.

Locations

• 401 S. Tryon St, Charlotte, NC
• 800 S. Jordan Creek Pkwy, West Des Moines, IA
• 401 Las Colinas Blvd W Bldg B, Irving, TX
• 1150 W Washington St, Tempe, AZ
• 600 S. 4th St, Minneapolis, MN

Pay

$119,000.00 - $206,000.00 base pay range. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

Benefits

• 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