About this role:
Wells Fargo is seeking a Senior Compliance Manager for the Political Law Pre-Clearance Reporting ("PLPR") Team within the Conduct Risk Conflicts of Interest Governance and Oversight ("CR") group under Enterprise Compliance Operations ("ECO") in Corporate Risk.
The PLPR team is a global function responsible for the review of pre- clearance requests and federal, state, and local jurisdictional laws related to activities including:
Giving and Receiving gifts and entertainment as defined by the Gifts and Entertainment (G&E) Policy;
Personal political contributions made by Covered Employees and their immediate family members as well as Outside Directors;
Certain personal charitable contributions ;
Political volunteer activities , and;
Certain Wells Fargo sponsorships as required by the Brand and Sponsorship Policy
PLPR also manages the Wells Fargo procurement lobbying registration process for solicitation of business from government officials or government entities, including the preparation and filing of various jurisdictional reports as required by law.
About the Conduct Risk Conflicts of Interest Governance and Oversight team:
Conduct Risk , an Independent Risk Management (IRM) f??unction within Compliance is responsible for governance and oversight of employee and business conflicts of interest risks, including but not limited to outside activities, gifts and entertainment, and political contributions, along with the related policy ownership and related pre-clearance review operations.
In addition, the group provides independent oversight and review and challenge to the front line's adherence to those requirements.
In this role, you will:
Manage and coach a team of Compliance professionals responsible for establishing, implementing and maintaining risk standards to drive compliance with applicable federal, state, agency, local and regulatory laws and enterprise and line of business policy requirements.
Coach the PLPR team to analyze and respond to employee disclosure, pre-clearance requests and inquiries in accordance with related policies. This includes FINRA, MSRB and CFTC regulatory disclosure requirements for registered and associated persons.
Responsible for the overall management and administration of Wells Fargo's Procurement Lobbying Registration program. This includes overseeing the research of lobbying pre-clearance requests to determine lobbyist registration requirements, the facilitation of lobbyist registration with outside counsel, and completion of registration renewals. Execute appropriate coordination and collection of lobbyist activities, expenses and compensation to create periodic jurisdictional activity reporting.
Through daily management activities and engagement, develop team to build strong proficiency and working knowledge of pre-clearance policies, regulatory requirements for covered employees and other related policies. Proactively share new information, research and resources to increase team pre-clearance knowledge, related assessment skills and consistency in the review process. Manage team pre-clearance assessment workflow, requests and disclosure submissions using the Global Preclearance System (GPS) and other related tools and systems.
Collaborate with peers and colleagues on various projects and initiatives related to pre-clearance, policies, regulatory requirements and GPS technology enhancements.
Partner with appropriate corporate and line of business compliance partners and stakeholders on pre-clearance and disclosure related matters, projects and initiatives.
Provide advice, counsel and interpretation of the COI, BA, G&E and relevant line of business policies to employees, leadership and partners as needed. Work with policy owners to apply, interpret and recommend revisions to policies, as needed.
Provide advice, counsel and interpretation of regulatory disclosure requirements to employees, leadership and partners as needed.
Assist in developing, reviewing and delivering pre-clearance/disclosure related training, presentations and/or communications that are effective in domestic and international business environments
Review and comment on enterprise-wide and line of business policies and standards
Support other Conduct Risk and compliance related projects/activities as needed
Recommend opportunities for process improvement and risk control development
Manage coordination and communication with leadership regarding compliance risks and escalated matters
Make decisions and resolve issues to meet business objectives
Mentor and guide talent development of direct reports, including the hiring of talent for Compliance.
Required Qualifications:
6+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
3+ years of management or leadership experience
Desired Qualifications:
Knowledge and understanding of compliance practices and methodologies, including risk assessment, monitoring, and testing activities, regulatory change
Knowledge of related regulations and "Pay-to-Play" rules
Prior experience building or maintaining key relationships across departments and functions, and establishing a culture of engagement and collaboration
Proven ability to positively and creatively influence change and champion critical change initiatives; help others to anticipate and manage through change
Ability to work in a highly complex organization and influence the outcomes of decisions to ensure the most appropriate risk posture in a rapidly changing environment
Ability to think beyond the risks today and those related to immediate activities, and to look at the risks associated with emerging technologies, capabilities and activities that could drive risks we have not managed previously
Proven ability to share lessons learned and best practices across an organization
Extensively influences and negotiates with senior management, executive sponsors, and other key stakeholders
Anticipates emerging issues and develops strategies to meet business needs
Ability to develop partnerships and collaborate with other business and functional areas
Ability to gather, organize, and interpret complex matters and data
Ability to manage large scale program initiatives in a complex and changing environment
Ability to identify and implement process improvements for program based on workflow and trends.
Excellent verbal, written, and interpersonal communication skills
Proficiency with technology. Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
Solid problem solving and critical thinking skills to manage and mitigate risk
Strong analytical skills with high attention to detail and accuracy
Strong policy interpretation skills, including applying policy to complex and identifying potential conflicts, inconsistencies and risks.
Assist in driving the centralization of Gifts and Entertainment and other PLPR related pre-clearance processes across the enterprise.
Assist with harmonization and rationalization of applicable PLPR compliance policies and procedures across to ensure timely updates pursuant to Risk Policy requirements
Ensure appropriate and timely identification and escalation of issues and emerging risks
Active participation and contribution to Compliance and corporate initiatives including enhancing Global Pre-clearance System technology, the Compliance Suite Modernization Initiative, Compliance Hub, enterprise/LOB/Regional pre-clearance policy harmonization, and other initiatives.
Train new staff and cross train existing staff on new policies, processes, procedures, technology, systems, etc. as needed.
Job Expectations:
Ability to travel up to 25% 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.
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.
Job Locations:
Three Wells Fargo Center, 401 S Tryon St, Charlotte, NC
600 Wells Fargo, Minneapolis, 600 S 4th St, Minneapolis, MN,
West Des Moines Campus, 800 S Jordan Creek Pkwy, West Des Moines, IA,
250 E John Carpenter Frwy, Irving, TX
D Building, 114 N Beaumont St - D Bldg., Saint Louis, MO
1150 W Washington, Tempe, AZ
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.
$144,400.00 - $300,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) 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:
30 Mar 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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-442141
S:CLZTX-CLZCENTRALTX
