Compliance Specialist

About this role:Wells Fargo is seeking a Compliance Specialist who will conduct surveillance and oversight through analysis and evaluation of activity, as well as, assessment of supervisory action, considering alignment with regulations and policies.Within Wells Fargo Advisors Compliance, the Retail Surveillance & Oversight group conducts surveillance of retail brokerage transactions and oversight of supervision through both systematic and targeted monitoring. The team interacts with business partners, providing guidance on brokerage sales practice issues, and promoting compliance with the firm’s internal policies and procedures and with applicable rules and regulations governing the securities industry.Learn more about the career areas and lines of business at wellsfargojobs.com.In this role, you will:• 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• Support the oversight or monitoring of a risk-based compliance program• Provide support in developing and overseeing standards with some business and functional knowledge• Provide compliance risk insight and support projects and initiatives with low to moderate risk for a business line or functional area• Work with a business unit, a defined set of rules and regulations on low to moderate risk compliance matters• Support the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management• Provide direction to the business on developing corrective action plans and effectively managing regulatory change• Provide support in reporting findings and drafting recommendations to management• Support and implement initiatives with low to moderate risk• Interact with team to support risk oversight and monitoring• Manage and ensure accuracy of data• Troubleshoot system issues to determine root cause• Research and implement new regulatory rules and manage other Registration Team related projects• Identify and recommend opportunities for process improvement and risk control development• Establish and maintain effective relationships with various teams• 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• Interact with internal customers• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirementsRequired Qualifications:• 2+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:• Excellent verbal, written, and interpersonal communication skills• Strong analytical skills with high attention to detail and accuracy.• Ability to evaluate risks and the impact of decisions on an overall organization.• Ability to interact with integrity and a high level of professionalism with all levels of team members and management.• Ability to motivate staff to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.• Experience in Annuities either in sales or supervision/compliance is a plus.• 2+ years of securities retail compliance /supervisory/risk/audit experience.• Ability to identify and manage complex issues and negotiate solutions within a geographical area• Experiences with various applications, including SmartStation and Beta.• Proficient in MS office applications, including Excel, Outlook, Sharepoint, and Adobe Acrobat.• FINRA Registration including Series 7 and 66 (or 63 and 65), FINRA recognized equivalents or willingness to obtain if not available for transfer upon hire• FINRA Registration including Series 9/10 or 24, FINRA recognized equivalents or willingness to obtain if not available for transfer upon hireJob Expectations:• 114 N Beaumont St, St Louis, MO• This position offers a hybrid work schedule.• Required locations 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.Posting End Date:30 Sep 2024• Job posting may come down early due to volume of applicants.We Value DiversityAt 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, status as a protected veteran, or any other legally protected characteristic.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 DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.Drug and Alcohol PolicyWells 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.