Lead Compliance Officer
Wells Fargo Bank
Portland, OR
07.2015 - Current
- Support COO Compliance Program for operations activities within COO for Regulatory Operations team for six Authoritative Sources and sixteen Major Compliance Requirements
- Partner with Businesses Managers and Executive Control Teams providing advise and credible challenge on compliance and operational risk matters
- Conduct MR evaluations: Determining applicability of MCR, assess inherent risk profile of likelihood, assign and evaluate effectiveness of business-specific controls to mitigate risk of Major Requirements.
- Ensure alignment with Control Data Standards and remediation schedule for Control Data Quality Project.
- RCSA- Leading compliance facilitator providing independent review and challenge over front line execution of RCSA process for Financial Crimes Risk Assessable Units.
- Perform review and challenge over MCRs that relate to Inherent Risks.
- Responsible for reviewing and challenging completeness, data quality, and accuracy of control information captured in centralized control inventory, ensuring alignment with Internal Control Policy.
- Maintain awareness of relevant, significant changes to the control assessment, such as changes to control ratings and control status.
- Provide credible challenge of procedures, processes and controls, and monitoring of identified internal control deficiencies.
- Review business policies and procedures anchored to any MCRs that do not have an associated corporate policy prior to implementation.
- Engagement on technology projects and new business initiatives and initiatives with high risk to identify and mitigate regulatory and/or operational risks in business activities.
- Maintain close connection with front line business partners by proactively hosting monthly meetings to discuss business updates and initiatives, compliance matters, regulatory changes, reviews and any relevant regulatory/policy matter that have impact to the businesses.
- Manage, coordinate and participate in production of periodic compliance and/or operational risk performance metrics for senior management.
