Lead Compliance Officer - Fixed Income Sales & Trading Compliance, Wells Fargo

Wells Fargo

Location:
United States, New York ▼
Charlotte

Category:
Finance

Contract Type:
Employment contract

Salary:

111100.00 - 237100.00 USD / Year

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Job Description:

Wells Fargo is seeking a Lead Compliance Officer in Corporate Risk as part of Corporate & Investment Banking (CIB) Compliance. As the Lead Compliance Officer, you will support the business aligned compliance functions on the Fixed Income Sales & Trading Compliance Team. Will be responsible for supporting the following coverage areas: Business Aligned Compliance Officer (BACO) for the Strategic Relationship Management Team, and Compliance subject matter expert for Non-Financial Regulatory Reporting (e.g. TRACE, SDR), and 3rd party compliance programs. Business Aligned Compliance Officer (BACO) for the Cross-Asset Sales and Market Strategy Groups, with the Structured Products Group business.

Job Responsibility:

Serve as the regulatory subject matter expert in a diverse range of regulatory requirements
Provide regulatory compliance advice to the business within the Fixed Income Sales & Trading coverage and support day-to-day compliance inquiries and regulatory initiatives related to the Fixed Income Sales & Trading compliance program
Execute on compliance activities related to the Fixed Income Sales & Trading and Strategic Relationship Management Groups
Support the day-to-day Fixed Income Sales & Trading compliance program and address inquiries related to regulatory requirements
Prepare and provide management ready communications and reporting of compliance issues and activities
Be accountable for executing on compliance initiatives impacting the Fixed Income Sales & Trading Compliance Team
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, over multiple business lines
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
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
Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
Monitor the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management
Oversee the Front Line's execution and challenges appropriately on compliance related decisions
Make decisions and resolve issues to meet business objectives
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
Experience with Fixed Income
Knowledge and understanding of FINRA and SEC rules and regulations
Ability to provide advice and counsel to management on initiatives to improve risk management and internal controls
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Excellent verbal, written, and interpersonal communication skills, including the ability to articulate complex concepts in a clear manner across all levels of the organization
Ability to leverage critical thinking skills while developing and executing action plans
FINRA registration including FINRA Series 7 (or FINRA recognized equivalents)

Nice to have:

Experience with Fixed Income
Knowledge and understanding of FINRA and SEC rules and regulations
Ability to provide advice and counsel to management on initiatives to improve risk management and internal controls
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Excellent verbal, written, and interpersonal communication skills, including the ability to articulate complex concepts in a clear manner across all levels of the organization
Ability to leverage critical thinking skills while developing and executing action plans
FINRA registration including FINRA Series 7 (or FINRA recognized equivalents)

What we offer:

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

Additional Information:

Job Posted:
April 30, 2025

Expiration:
May 16, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Lead Compliance Officer - Fixed Income Sales & Trading Compliance