Compliance Consultant 4 - In-Bank Brokerage Group Compliance

Wells Fargo Saint Louis, MO

About the Job

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume prior to submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message.  In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

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 Compliance, the In-Bank Brokerage Group Compliance Consultant supports the Compliance Program for brokerage activities conducted in Bank offices across Community Bank/Wealth Management/Private Banking by providing oversight of the policies and procedures reasonably designed to achieve compliance with applicable rules and federal securities laws and regulations.  Responsibilities include monitoring changes in regulatory requirements, advising compliance and/or business management on compliance risk and regulatory issues and providing compliance support for cross-business channel initiatives. The Compliance Consultant must partner with other areas of WFA Compliance which may include those responsible for:

  • RSNIP Compliance
  • Branch Exams and Surveillance
  • Regulatory initiatives, exams and inquiries
  • Compliance Advertising and Review
  • Discipline and Heightened Supervision
  • Internal Investigations
  • Pre-hire, Registration and Employees Activities Group
  • Product Compliance
  • Policy
  • Other Advisor Led Advice and Services Compliance Teams

The Compliance Consultant must also build solid relationships with key Compliance and business partners across Community Banking & Wealth Management to help employ and maintain an effective Compliance Program.  As a Compliance Consultant for the intersection of the brokerage and bank business models, it is critical to be able to successfully work within bank and brokerage compliance requirements and to understand how the requirements may overlap or diverge. This includes partnering closely with other business and Compliance team members in support of the Wells Fargo RSNIP program.  Requires the ability to provide compliance guidance in a fluid environment and recognize initiatives that may cross over in to bank brokerage areas supported by other Compliance personnel.  Initial areas of focus will include Training, Marketing & Branding, Teaming & Compensation, Business Development, Partnerships, Product & Service Enhancements and Communications.  S/he must be an effective communicator, strategic thinker and be able to drive initiatives to completion. As a key member of the Advisor Led, Advice & Services Compliance team, the Compliance Consultant will meet regularly with Compliance management and business leaders to achieve program goals and build momentum for longer-term strategic initiatives.

Please note: Based on the volume of applications received, this job posting may be removed prior to the indicated close date. If you do not apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells Fargo


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

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
  • Ability to articulate complex concepts in a clear manner

Other Desired Qualifications
  • Strong understanding of, and experience with, Brokerage and Banking business models and corresponding federal securities laws and regulations from a control and/or compliance perspective.
  • Deep knowledge and demonstrated track record of compliance/risk assessment and ideally familiarity with banking compliance.
  • Ability to develop long-term strategic plans in partnership with line of business leaders.
  • Ability to translate Compliance policies into actionable roadmaps within the Brokerage and Banking environments.
  • Proven experience in influencing and building relationships with LOB stakeholders, Compliance colleagues, internal service providers and regulators.
  • Well-developed/proven project management and planning skills. Must be able to execute on initiatives.
  • Series 7, 63/66, 9/10 and/or 24 desired

Street Address

MN-Minneapolis: 600 S 4th St - Minneapolis, MN
NC-Charlotte: 401 S Tryon St - Charlotte, NC
MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO


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.