FICC and Equities Compliance Specialist (AVP)

Wells Fargo & Company; London; On-site; GBP 45,000 - 80,000; Full time

Job summary

An established industry player is seeking a Senior Compliance Specialist to join their team in London. This pivotal role involves supporting compliance programs across various asset classes, ensuring adherence to regulations, and managing regulatory risks. You will collaborate with internal teams, monitor compliance behaviors, and provide guidance on compliance matters. The ideal candidate will have a strong educational background, experience in financial services compliance, and the ability to communicate effectively with stakeholders. This is an exciting opportunity to contribute to a compliance-driven culture in a leading financial institution.

Qualifications

• Experience in Compliance or equivalent through work experience or education.
• Strong educational background with a university degree.

Responsibilities

• Assist BACO team in compliance-related decisions and monitoring.
• Provide Compliance advice and guidance on regulations.

Skills

Compliance experience

Regulatory knowledge

Risk management

Relationship building

Effective communication

Education

University degree

Professional qualifications in Compliance

Job description

About this Role:

Wells Fargo is seeking a Senior Compliance Specialist. The role will assist the current team of Advisory compliance officers, covering a number of asset classes, including Equities, FX, Rates, Credit and SPG within the International Business. The Specialist’s key responsibilities will be to support the Business Aligned Compliance Officers (BACO) and their involvement in Compliance programs, in place to assist in the adherence to in scope regulation and manage the associated regulatory risks. The Specialist will be tasked to assist with internal Compliance risk management strategies, policies & procedure ownership as well as engaging with other central Compliance teams to partner and support Compliance programs. Within the role, the Specialist will undertake operational tasks and processes relating to Risk Assessments, Regulatory Change management, Management Information creation and reporting, BACO task tracking, drafting, coordinating and maintaining Monitoring activities, as well as the timely execution of such activities.

As well as the above, other responsibilities include monitoring compliance risk behaviours and providing Compliance advice to support the Wells Fargo businesses and functions by providing guidance on regulations and rules and interpretation on internal policies.

This role will be based in London and report directly into International FICC and Equities Compliance.

In this role, you will:

• Assist the BACO team to oversee the Front Line's execution of and challenge appropriately on compliance related decisions
• Collaborate with other internal teams including, Legal, Controls, Operations, COO teams
• Monitor reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding compliance risk management
• 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
• Assist with regulatory inquiries
• Report findings and make recommendations to appropriate management committees
• Interpret policies, procedures, and compliance requirements
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
• Work with Markets business units, to advise on rules and regulations on moderate risk compliance matters
• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand the Compliance policies, procedures, and compliance requirements

Required Qualifications:

• Experience in Compliance, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• Strong educational background with a university degree.
• Experience in the compliance and regulatory field within financial services. and proficient knowledge of Global Markets at a leading global financial services firm(s).
• Good understanding of the market and regulatory environment in which Wells Fargo operates.
• Good intellectual capability and flexibility, able to consider issues from multiple angles and lead debates and discussions with multiple stakeholders.
• Good sense of judgement and absolute commitment to Wells Fargo transformation journey.
• Ability to forge relationships across multiple functions to enhance the Compliance brand.
• Ability to deal with change and exhibit a service led mindset to support our stakeholders.
• Ability to challenge independently and constructively.
• Communicate effectively and confidently, orally and in writing at all levels of the organization.
• A team player that actively looks to partner with and support team members with workloads and challenges.

Desired Qualifications:

• Strong educational background ideally with a university degree and academic track record.
• Professional qualifications, certificates, and/or registrations relevant to Compliance/financial services.
• Corporate and Investment Banking experience, either in Compliance, Legal, Risk or the Business.

Job Expectations:

• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Compliance Strategy and Wells Fargo Policies, and Procedures.
• Embed a performance culture aligned to the Wells Fargo Values.

Posting End Date:

20 May 2025

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.