Senior Compliance Specialist - Surveillance Team

About this role:

Wells Fargo is seeking a Senior Compliance Specialist on the Surveillance team within the Global Compliance Control Room, which sits within Enterprise Compliance Operations (“ECO”) and reports to the Chief Compliance Officer of Wells Fargo Corporation. The Surveillance team oversees employee and firm trading, primarily within the Corporate and Investment Bank, as well as retail client and discretionary trading. The Senior Compliance Specialist is responsible for the execution performing oversight of the team’s risk and control monitoring and reporting to management based on our Policies and Procedures, and Target Operating Model (TOM). The role also monitors the flow of material nonpublic information and identifies suspicious activity that may violate the firm’s Information Barrier program or regulatory requirements. Learn more about our career areas and lines of business at wellsfargojobs.com.

In this role, you will:

• Conduct risk-based surveillance of institutional, employee, and client trading to detect potential misuse of material nonpublic information, insider trading, Information Barrier concerns, and Restricted List violations.
• Investigate surveillance alerts and exceptions by analyzing trading activity, positions, accounts, employees, desks, securities, market events, and relevant restrictions.
• Prepare clear, accurate, evidence-based alert dispositions and escalate potentially significant activity to Compliance leadership, Legal, Financial Crimes, or other appropriate partners.
• Support the design and enhancement of surveillance scenarios by translating regulatory requirements, policies, risks, and business needs into detection logic, data requirements, workflows, user stories, and acceptance criteria.
• Partner with Technology and Data teams to identify and resolve data-quality, and system issues affecting surveillance.
• Identify surveillance gaps, control weaknesses, data limitations, manual dependencies, and process inefficiencies, and partner with stakeholders to develop practical remediation plans.
• Oversee and monitor compliance programs.
• Participate in governance activities, including risk indicator monitoring and self-assurance reviews.
• Develop and maintain procedures, methodologies, business requirements, data documentation, testing evidence, control records, and other surveillance governance materials.
• Collaborate with peers, colleagues, and managers to resolve issues and achieve objectives.
• Address moderate-risk compliance matters involving complex business units, rules, and regulations.
• Follow leadership direction while exercising independent judgment and building knowledge of the function, policies, procedures, and compliance requirements.

Required Qualifications:

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

Desired Qualifications:

• 2+ years of surveillance or monitoring experience
• Working knowledge of artificial intelligence (AI) tools and the ability to use them responsibly
• Familiarity with Equity, Derivative and Fixed Income securities/products
• Experience with governance and oversite programs
• Prior Information Barrier/Control Group or related experience
• Excellent verbal, written, and interpersonal communication skills
• Strong analytical skills with high attention to detail and accuracy
• Ability to interact with all levels of an organization
• Securities Series 7 licensing
• Adaptable to a collaborative work environment with multiple priorities and strict timelines

Posting Locations:

• 550 S. Tryon Street - Charlotte, North Carolina

Job Expectations:

• Required location(s) listed above. Relocation assistance is not available for this position
• 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.

• Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Posting End Date:

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our 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.