Randstadeos

Senior Compliance Specialist (Reporting)

Posted Sep 11, 2024
Project ID: R-399537
Location
Chennai, Tamil Nadu
Hours/week
45 hrs/week

About this role:

Wells Fargo is seeking a Senior Compliance Specialist. We believe in the power of working together because great ideas can come from anyone. Through collaboration, any employee can have an impact and make a difference for the entire company. Explore opportunities with us for a career in a supportive environment where you can learn and grow.”

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

  • Provide oversight and monitoring of risk-based compliance programs

  • Develop and oversee standards

  • Provide subject matter expertise with comprehensive knowledge of business and functional area

  • Provide compliance risk expertise and consulting for projects and initiatives with moderate risk for a business line or functional area

  • Monitor 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 compliance risk expertise

  • Consult for projects and initiatives with moderate risk for a business line

  • Identify and recommend opportunities for process improvement and risk control development

  • Provide direction to the business on developing corrective action plans and effectively managing regulatory change

  • Report findings and make recommendations to management appropriate committees

  • Interpret policies, procedures, and compliance requirements

  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

  • Work with complex business units, rules and regulations on moderate risk compliance matters

  • Receive direction from leaders and exercise independent judgment while developing the knowledge to understand 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 Qualification:

  • 4+ Years in to Reporting

  • Exposure in to Risk and Compliance.

Job Expectations:

  • Deliver on all CLSS reporting requirements, including but not limited to horizontal regulation reporting, CLSS State of Compliance, all bi-weekly reporting due to Senior Management.

  • This role will also produce operational reporting for Compliance Model governance, including review completions and projected and upcoming reviews and support other reporting requirements within the broader governance groups such as Complaints, Conduct and Third-party reporting, as needed


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