Job Information
Wells Fargo Home Lending Reg W -Lead Business Accountability Specialist in CHANDLER, Arizona
About this role:
Wells Fargo is seeking a Home Lending Reg W Lead in the Home Lending business.
In this role, you will:
Execute key controls associated with identifying and tracking Reg W covered transactions between applicable affiliates including coordinating with offshore resources that drive this process
Prepare and maintain accurate Home Lending Reg W capital allocation reporting for internal stakeholders and regulatory entities, as necessary
Monitor Home Lending Reg W capital allocations to ensure Home Lending is operating within Reg W limits and take appropriate action when Home Lending is approaching limits
Serve as key Home Lending liaison between Compliance, Risk, Treasury and Reg W Governance Office to coordinate Reg W review meetings and escalate issues as necessary
Assist in maintaining and updating policies and procedures to reflect changes in Reg W and Home Lending processes
Monitor Reg W system of record to ensure all Reg W transactions have been accurately identified, reported, properly collateralized, conducted on market terms, and are in compliance with Reg W
Lead complex initiatives with broad impact which are designed to mitigate current and emerging business risk issues and concerns; act as key participant in cross-functional planning for the business
Assess, analyze, and design complex and multi-faceted controls, protocols, and approaches with respect to risk mitigation and the control environment, including ensuring effective planning for sustainability, ongoing control adherence, reporting, measurement, technology impacts, and monitoring
Make decisions in complex and multifaceted situations requiring solid understanding of business’s functional area or products, operations, and regulatory environment; facilitate decision-making and issue resolution, and support implementation of developed solutions and plans; influence and lead key business partners to meet deliverables and drive new initiatives
Strategically collaborate and consult with peers, colleagues, and mid to senior-level managers to identify current and emerging risks associated with business activities and operations, and provide guidance in interpreting, developing, and implementing risk-mitigating strategies
Act as liaison for the business with external parties to support timeliness, appropriate response strategy, and effectiveness of communications and materials
Required Qualifications:
- 5+ years of risk management, business controls, quality assurance, business operations, compliance, or process experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Strong understanding of Reg W, including but not limited to, affiliate transactions, Attribution Rule, Reg W capital and collateral requirements and exemptions
Experience developing monthly reports for key financial/regulatory purposes
Strong attention to detail and proficiency in analyzing large datasets using reporting tools such as Excel and Tableau
Home Lending and/or Wealth and Investment Management experience including product/account knowledge
Experience in risk management and/or compliance
Cross-functional collaboration and excellent communication skills
Job Expectations:
This position is not eligible for Visa sponsorship.
This position offers a hybrid work schedule
Posting Locations:
11601 N Black Canyon Hwy, PHOENIX, AZ
600 S 4th St, MINNEAPOLIS, MN
550 S. Tryon St, CHARLOTTE, NC
800 S. Jordan Creek Pkwy, DES MOINES, IA
250 E John Carpenter Frwy, IRVING, TX 7
4101 Wiseman Blvd Bldg 205, SAN ANTONIO, TX
1150 W. Washington St, Tempe, AZ
2850 S Price Rd, Chandler, AZ
Posting End Date:
22 Dec 2024
*Job posting may come down early due to volume of applicants.
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, 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 Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-423528
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