Compliance Sr Officer, Futures Commission Merchant (FCM) Compliance Senior Officer - New York - job 636684

Wells Fargo

Date: 02/23/2021

City: New York, New York

Employment type: Full-time

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 when 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.

This individual contributor position is responsible for the day-to-day oversight of the Firm's FCM Compliance program.

The Compliance Senior Officer will ensure that the FCM's activities and policies and procedures adhere to applicable regulatory requirements, including, but not limited to, the rules and regulations of the CFTC, CME, and NFA, as well as the applicable rules and regulations of various exchanges and clearinghouses. The Firm's FCM activities are subject to significant regulatory oversight, including daily reporting of customer funds held by the Firm, annual examinations by the Firm's Designated Self-Regulatory Organization, and periodic regulatory inquiries (generally multiple such events per month). This position will be the lead Compliance Officer for managing the CIB Compliance FCM program and will review and coordinate such activity. Further, this position will be responsible for making policy determinations based on changing regulatory requirements or changing business practices. This position will be expected to meet regularly with FCM senior management and to provide updates to the CCO of the FCM. Finally, this position will be expected to partake in industry forums in an effort to ensure awareness of industry practices.

Required Qualifications

  • 10+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 10+ years of financial services industry experience, of which 7+ years must include direct experience in risk management

Desired Qualifications

  • A BS/BA degree or higher

  • Excellent verbal, written, and interpersonal communication skills

  • Ability to lead and operate collaboratively, execution focused, and results oriented

  • Experience developing partnerships and collaborating with other business and functional areas

Other Desired Qualifications

  • 7+ years of experience in FCM regulation, either in the compliance department of a regulated entity or with a regulatory authority (such as a government regulator or exchange/DSRO)

  • Ability to collaborate with others, initiate action, challenge others, make difficult decisions, generate creative solutions, and achieve results. the ability to effectively interact with all levels of management required

  • Must be organized and have the ability to engage in several projects at one time

Street Address

NY-New York: 150 E 42nd St - New York, NY

NJ-Summit: 190 River Rd - Summit, NJ

NC-Charlotte: 301 S College St - Charlotte, NC

NC-Charlotte: 128 South Tryon Street - Charlotte, NC

NC-Charlotte: 401 S Tryon St - Charlotte, NC

NC-Charlotte: 1525 W Wt Harris Blvd - Charlotte, NC

SC-Fort Mill: 3480 State View Blvd - Fort Mill, SC


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.

How to apply:

To apply for this job you have to sign in to our website (My profile link in the header).

If you don't have an account with us yet, please Sign up.

Share you skills and get paid! All from the comfort of your home. Sign up for!