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Chicago, IL Full Time Posted: Thursday, 10 October 2019
Job Description

At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk.
The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.

Wells Fargo Compliance is the company's compliance independent risk management function, providing company-wide leadership, standards, support, and independent oversight to ensure that all front-line business groups abide by applicable laws, rules, regulations and regulatory guidance (regulatory requirements), meet compliance responsibilities, and manage compliance risks. Wells Fargo Compliance credibly challenges management decisions, business processes and activities, and evaluates and assesses adherence to applicable regulatory requirements. It provides appropriate analysis, reporting, and escalation to senior management and the Board of Directors, sets minimum standards for the company, and gives advice, guidance, and support for compliance risk management activities across the enterprise.

Within Wells Fargo Advisors (WFA) Compliance, the Retail Branch Examinations team is responsible for conducting on-site compliance examinations of the WFA retail distribution channels and central supervision units in order to monitor for compliance with securities regulations and the internal policies and procedures established by the Firm.

The Branch Examiner is responsible for contributing to the protection of the Firm's clients, employees, assets and reputation by performing on-site compliance reviews of WFA's retail channels: Private Client Group, International Private Client Group, Wealth Brokerage Services, and Wells Fargo Advisors Financial Network. The Examiner works independently under limited supervision, is a senior individual contributor, knows the standard examination check-list, and also understands what questions to ask to uncover potential underlying issues that are not obviously stated. Specific Job Responsibilities include but are not limited to:
Performs reviews of policies, procedures and controls within the assigned area through the performance of on-site compliance examinations
Schedules and coordinates on-site office examinations with sales office management
Coordinates with other professionals, both before and after the on-site visit, including Surveillance Analysts and Business Channel Supervisors
Ensures appropriate pre- and post-examination reports and analyses are completed and submitted in a timely manner
Participates with sales office management and other professionals on regulatory and training matters
Leads and/or participates on departmental and/or business unit project teams
Provides leadership and/or mentoring for more junior staff as appropriate, including possible participation in the new hire interview processes

Required Qualifications

  • 6+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both
  • Successfully completed FINRA Series 7 exam to qualify for immediate registration (or FINRA recognized equivalents)

Desired Qualifications

  • Advanced Microsoft Office skills
  • 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
  • A BS/BA degree or higher
  • Strong collaboration and partnering skills
  • Strong organizational, multi-tasking, and prioritizing skills

Other Desired Qualifications
  • Knowledge and understanding of financial services industry: compliance, regulatory, or legal operations

Job Expectations

  • Ability to travel up to 30% of the time

Salary Information

The salary range displayed below is based on a Full-time 40 hour a week schedule.

IL-Chicago: Min: $88,600 Mid: $126,500

Street Address

IL-Chicago: 10 S Wacker Drive - Chicago, IL


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Chicago, IL, United States of America
Wells Fargo
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10/10/2019 10:29:48 PM

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