MinneapolisRecruiter Since 2001
the smart solution for Minneapolis jobs

Compliance Consultant 5 - CoBranding and Retail Services

Company: Wells Fargo
Location: Minneapolis
Posted on: October 13, 2019

Job Description:

Job Description
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. We focus on three key risk areas: credit risk, operational risk and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take 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.Payments, Virtual Solutions, and Innovations (PVSI) Compliance institutes the development, implementation, and execution of the compliance strategy for PVSI supporting its' payments platforms including digital capabilities, online, mobile, and phone channels, and innovation teams. PVSI Compliance provides independent oversight and support to PVSI lines of business including Operations, Cards & Retail Services, Deposit Products Group, Wells Fargo Virtual Channels, Innovations, and Treasury, Merchant Payments & Solutions.Primary Duties and Responsibilities will include:

  • As individual contributor and under the direction and/or delegation of the Compliance Manager:
  • Individual contributor generally recognized as a subject matter expert in compliance risk
  • Responsible for advising on compliance risk for Co-Brand Credit Cards over product lifecycle (i.e., product development, marketing, application, underwriting, fulfillment and servicing)
  • Advise Co-Brand Credit Card business on compliance requirements and provide credible challenge in assessment and management of compliance risk;
  • Review and provide guidance for new business initiatives and product/service modifications
  • Advise on the management of compliance issues to ensure effective root cause analysis, development and timely implementation of effective corrective actions, sustained risk mitigation, and escalation of any gaps or delays as needed.
  • Participate in the review of third party risk assessments for compliance with applicable laws and regulations
  • Review and challenge front line on corrective actions and remediation (C2C) activities Perform compliance review of business policy and procedure development and modification
  • Support Enterprise Testing in compliance review activities involving Co-Brand Credit Cards
  • Produce materials for delivery in various oversight and steering committees
  • Develop and produce reporting to inform senior management and/or the board of directors on relevant compliance matters
  • Support timely implementation of applicable state and federal regulatory changes for consumer credit card
  • Support in the management of Co-Brand partner oversight, including the development of trainings, reporting, monitoring and/or testing
  • Ensure maintenance of effective partnerships with internal and external stakeholders
  • May directly manage 1-2 specialists/consultants.As a Team Member Manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:
    • Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.
    • Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.

      Required Qualifications
      • 10+ 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 10+ years of IT systems security, business process management or financial services industry experience, of which 5+ 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
        • Ability to articulate complex concepts in a clear manner

          Other Desired Qualifications
          • Ability to negotiate, influence, and collaborate to build successful relationships
          • Ability to exercise independent judgment and creative problem solving techniques
          • Experience working with examiners and internal auditors
          • CRCM designation or prior experience as Examiner or Auditor
          • Knowledge and understanding of credit card products and related compliance requirements

            Job Expectations
            • Ability to travel up to 10% of the time

              Disclaimer

              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.

Keywords: Wells Fargo, Minneapolis , Compliance Consultant 5 - CoBranding and Retail Services, Hospitality & Tourism , Minneapolis, Minnesota

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Hospitality & Tourism Jobs


Grocery Shopper and Delivery Driver
Description: Earn a 350 bonus Become an approved shopper and deliver 35 orders on time, with no promo pay within the first month to qualify. Shipt is a membership-based marketplace that helps people get the things (more...)
Company: Shipt
Location: Minnetonka
Posted on: 10/22/2019

Supermarket Shopper & Delivery
Description: Earn a 350 bonus Become an approved shopper and deliver 35 orders on time, with no promo pay within the first month to qualify. Shipt is a membership-based marketplace that helps people get the things (more...)
Company: Shipt
Location: Saint Paul Park
Posted on: 10/22/2019

Cook
Description: Are you looking for an opportunity to work in your community that allows you to build relationships and make a difference Our Folkestone community is seeking a Full Time Cook to join their team. If you (more...)
Company: Presbyterian Homes & Services
Location: Wayzata
Posted on: 10/22/2019


Macys Seasonal Retail Beauty Sales, Part Time: Ridgedale Center
Description: Job Overview: The Seasonal Cosmetics/Fragrances Associate is responsible for providing professional service to customers by selling and demonstrating cosmetics and fragrances, as well as contributing (more...)
Company: Macy's
Location: Minnetonka
Posted on: 10/22/2019

Cashier
Description: Restaurant Team Member - Crew 265 - Burnhaven 19028256 DescriptionAt Chipotle, weve created something special: a better place to eat and work. Many employees start just expecting a paycheck, but end (more...)
Company: Chipotle
Location: Burnsville
Posted on: 10/22/2019

Food Store Shopper and Delivery Driver
Description: Earn a 350 bonus Become an approved shopper and deliver 35 orders on time, with no promo pay within the first month to qualify.Shipt is a membership-based marketplace that helps people get the things (more...)
Company: Shipt
Location: Rosemount
Posted on: 10/22/2019

Supermarket Shopper & Delivery - Victoria
Description: Earn a 350 bonus Become an approved shopper and deliver 35 orders on time, with no promo pay within the first month to qualify.Shipt is a membership-based marketplace that helps people get the things (more...)
Company: Shipt
Location: Victoria
Posted on: 10/22/2019

Grocery Shopper and Delivery Driver
Description: Earn a 350 bonus Become an approved shopper and deliver 35 orders on time, with no promo pay within the first month to qualify.Shipt is a membership-based marketplace that helps people get the things (more...)
Company: Shipt
Location: Hamel
Posted on: 10/22/2019

Seasonal Retail Commission Jewelry Sales, Part Time: Ridgedale Center
Description: Job Overview: The Seasonal Jewelry Sales associate is responsible for providing outstanding customer service in the Jewelry Watch Complex. This includes meeting hourly sales and Star Rewards goals on (more...)
Company: Macy's
Location: Minnetonka
Posted on: 10/22/2019

Work in Retail? Earn Extra Cash Delivering Groceries
Description: Earn a 350 bonus Become an approved shopper and deliver 35 orders on time, with no promo pay within the first month to qualify.Shipt is a membership-based marketplace that helps people get the things (more...)
Company: Shipt
Location: Dayton
Posted on: 10/22/2019

Log In or Create An Account

Get the latest Minnesota jobs by following @recnetMN on Twitter!

Minneapolis RSS job feeds