Senior Lead Compliance Officer - Global Surveillance Oversight
The Senior Lead Compliance Officer - Global Surveillance Oversight at Wells Fargo is a pivotal role within the Corporate & Investment Banking (CIB) Compliance organization. This position is integral to the Global Surveillance Oversight team, which functions as the second line of defense, ensuring robust oversight and monitoring of associated risks. The team provides independent oversight of the first-line CIB Market Conduct & Supervision Program and all related market abuse surveillance activities.
Key responsibilities include providing oversight, monitoring, and effective challenge of the front-line CIB trade and communications surveillance programs in line with federal, state, agency, legal, regulatory, and corporate policy requirements. The role involves overseeing the front line's execution and appropriately challenging surveillance and market abuse risk-related decisions. Additionally, the officer will manage and develop oversight program initiatives and activities, including but not limited to quality assurance activities, and monitor and independently challenge the reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding front-line oversight.
The ideal candidate will possess a minimum of 7 years of compliance experience, or equivalent demonstrated through work experience, training, military experience, or education. Desired qualifications include a demonstrated understanding of market abuse concepts and experience operating surveillance platforms, an understanding of corporate and investment banking business operations, processes, products, and customer interactions, prior experience with trade data review, documentation, and aggregation, strong analytical skills with high attention to detail and accuracy, and good communication skills, including the ability to concisely articulate complex concepts in a clear manner.
Wells Fargo offers a comprehensive compensation package for this position, with a base pay range of $159,000 to $305,000 annually. The company provides eligible employees with a comprehensive set of benefits, including health benefits, a 401(k) plan, paid time off, disability benefits, life insurance, critical illness insurance, accident insurance, parental leave, critical caregiving leave, discounts and savings, commuter benefits, tuition reimbursement, scholarships for dependent children, and adoption reimbursement.
Wells Fargo is committed to fostering a diverse and inclusive workplace, emphasizing a strong risk-mitigating and compliance-driven culture. Employees are accountable for executing all applicable risk programs, including credit, market, financial crimes, operational, and regulatory compliance. The company places 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.