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Lead Compliance Officer - Macro Sales and Trading Compliance Team

https://www.wellsfargo.com/ Logo

Wells Fargo

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Location:
United States, Charlotte

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Category:
Finance

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Contract Type:
Employment contract

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Salary:

119000.00 - 187000.00 USD / Year

Job Description:

This role within the Macro Sales & Trading Compliance Team is a Business Aligned Compliance Officer (BACO). The BACO for this area will serve as the regulatory subject matter expert in a diverse range of regulatory requirements. The responsibilities of this role include the maintenance and execution of the Compliance responsibilities required under the Macro Compliance Program with a primary focus on the Interest Rates Sales and Trading Line of Business. The individual in this role is responsible for establishing policy requirements, training, and monitoring activities, as well and providing advice and credible challenge to ensure ongoing compliance. Macro Compliance covers the Interest Rates and Foreign Exchange Lines of Business as well as the CFTC Swap Dealer within the Markets Division. This role will provide regulatory compliance advice to the business and support day-to-day compliance inquiries and regulatory initiatives related to the Macro compliance program.

Job Responsibility:

  • 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 Institutional Interest Rates Compliance, including Primary Dealer activities, CFTC Swap Dealer and Foreign Exchange Sales and Trading
  • The ability to understand and communicate regulatory requirements
  • The ability to handle and prioritize multiple initiatives and inquires
  • Strong written and verbal communication of complex issues
  • Critical thinking and ability to develop and execute action plans
  • FINRA Series 7 or 24, or willingness to obtain within twelve months of hire date

Nice to have:

  • Experience with Institutional Interest Rates Compliance, including Primary Dealer activities, CFTC Swap Dealer and Foreign Exchange Sales and Trading
  • The ability to understand and communicate regulatory requirements
  • The ability to handle and prioritize multiple initiatives and inquires
  • Strong written and verbal communication of complex issues
  • Critical thinking and ability to develop and execute action plans
  • FINRA Series 7 or 24, or willingness to obtain within twelve months of hire date
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:
August 15, 2025

Expiration:
August 22, 2025

Employment Type:
Fulltime
Work Type:
Hybrid work
Job Link Share:
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