Job Description

About Wells Fargo: Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune's 2017 rankings of America's largest corporations. Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories .

The Role

The APAC Senior Compliance Specialist plays an integral part in supporting Wells Fargo's ability to manage and oversee regulatory compliance risk in the region.

Compliance Monitoring Activities (MA)

• Act as the APAC subject matter expert on compliance monitoring, lead and contribute to any MA related initiatives in APAC.
• Coordinate with CIB Compliance and APAC Compliance Officers on the maintenance of APAC MAs and ensure MA results are submitted in the Bank's dedicated system on time and at the quality as stated in the Compliance Monitoring Activity Desktop Procedures.
• Support with early identification of any necessary MA and creation (including socialization with relevant stakeholders) of MA in the Bank's dedicated system.
• Prepare the necessary management information / management reports on the MAs and their results.

Compliance projects / initiative supports

• Coordinate and support the oversight of the implementation of assigned initiatives / projects.
• Identify the necessary tasks required and determine / propose appropriate timeline and milestones.
• Facilitate and perform Compliance credible challenge, if necessary, and support Compliance teams across the region with the required tasks, as necessary.
• Determine intersections with other relevant risk and control related initiatives / projects, liaising with other risk coverage teams as necessary.
• Contribute to the development of a model that ensures ongoing sustainability of implemented deliverables
• Provide regular updates to stakeholders through management reporting and address any request for information from project teams and management, when required.

Regulatory change management (RCM)

• Support the APAC RCM process to be performed in an effective and timely manner in accordance with the relevant policy and associated procedures.
• Engage with front line, control, enterprise functions and Legal teams for the assessment and implementation of the regulatory changes.
• Coordinate and oversight the regulatory change monitoring to ensure new / revised regulatory developments timely and accurately.
• Facilitate the maintenance of regulatory inventory within the Bank's system.
• Assist in the ongoing enhancement of the RCM process and controls.
• Assist APAC Compliance with discharging its responsibilities with respect to relevant compliance program elements, with a focus on regulatory risk identification and regulatory change management.

The candidate is also required to provide other ad-hoc support to APAC Compliance management as directed.

Minimum Qualifications

• Relevant experience, preferably 5 years + Compliance or Legal experience in a global financial institution, a bank, and/or a broker dealer. Professional legal/accounting/finance qualifications highly regarded.
• Strong communication skills, both written and verbal.
• Strong technology skills, experience in Microsoft SharePoint and Microsoft Visio highly regarded.
• Ability to quickly learn business processes, including Compliance policies and procedures.
• High degree of initiative and strong ability to meet key responsibilities with limited direction and oversight.
• Strong relationship building, and collaboration skills, with proven experience working with senior management and/or regulators.
• Strong interpersonal skills and ability to deal effectively with senior management and team members at all levels.
• The ability to work unsupervised and meet deadlines.
• Strong organizational and time management skills, with the ability to manage multiple responsibilities and tasks simultaneously.
• Reliability, conscientiousness, and ability to produce work of a high quality.
• Candidates with less experience will be considered as Compliance Specialist.

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, or status as a protected veteran.

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.