Download App | FOLLOW US ON SOCIAL MEDIA
 Upload Your Resume   Employers / Post Jobs 

Banking Attorney in San Francisco, CA

Wells Fargo Oct 22,2014 Location USA San Francisco CA
This job is expired...

In-House

Attorney

Finance - Banking

Litigation - Whistleblower - CFTC

Min 5 yrs required

Profile

Compliance Consultant V Duties: Safeguards the company by ensuring that all businesses abide by applicable rules, laws, regulation and internal policy as well as manage regulatory risks and meet compliance responsibilities. Serves as a second line of defense by providing independent oversight and coordination of business-based regulatory compliance risk management activities by working in conjunction with the groups/lines of business (LOBs) and other corporate risk management programs to help ensure proper execution of regulatory compliance and internal requirements. Partners with Company Group/ lines of business risk and compliance functions as well as the other enterprise risk management programs to perform its oversight function effectively. Executing independent compliance monitoring and testing plans across a broad spectrum of risks (consumer protection, bank and securities rules and regulations, internal policies and forensic reviews requested by senior management) across the company. Responsible for developing, planning and performing risk-based review activities relevant to Consumer businesses. Performing independent compliance monitoring and testing activities, end-to-end process and control reviews/assessments, and enterprise-wide reviews for key regulations that evaluate the adequacy, comprehensiveness and effectiveness of business compliance programs. Responsible for evaluating RCRM’s adherence to applicable internal policy requirements. Responsible for planning objectives and scope for multiple reviews as well as identifying issues, determining corrective actions, writing and editing reports, and tracking timely corrective actions. Demonstrate subject matter expertise in compliance MandT programs and related processes and methodologies, effective internal controls and other risk mitigation strategies, and be proficient in performing audit reviews and/or independent compliance monitoring and testing activities and compliance risk assessments. Report directly to the RCRM Consumer M and T Manager. Develop, plan and perform compliance reviews that independently evaluate the adequacy, comprehensiveness and effectiveness of Consumer Group/ lines of business compliance monitoring and testing functions. Develop, plan and perform risk-based compliance review activities that independently evaluate the bank’s compliance with key regulations relevant to Company’s Consumer businesses. Develop, plan and perform compliance review activities that independently evaluate the adequacy and effectiveness of critical end-to-end processes and controls relevant Consumer businesses. Periodically, or on an as-needed basis, evaluate RCRM’s adherence to applicable internal policy requirements. Identify deficiencies and recommend solutions to complex issues. Work with Group/ lines of business compliance risk management teams to agree on corrective actions to strengthen monitoring and testing programs. Ensure identified deficiencies are promptly addressed and effectively resolved. Write reports or presentations that clearly articulate the results/conclusions of compliance review activities and communicate to key stakeholders across the company. Lead or assist in investigating and reporting issues, as needed, conducting inquires, obtaining and reviewing necessary documents and interviewing personnel. Assist on compliance projects. Work collaboratively with internal and external stakeholders. Maintain an understanding of the RCRM Framework and the interconnectivity of its key components. Maintain an understanding of business operations and regulatory guidance/expectations. Anticipate changes in the internal and external environment and adapt the testing program accordingly. Provide compliance support and guidance during risk assessment processes and state of compliance reporting. Present results to the Chief Compliance Officer, Compliance Monitoring and Testing Director and other senior executives. Assist with the management of regulatory examinations and internal audits of assigned activities. Respond to regulatory inquiries. Assist with the development of training materials. Work across groups/ lines of businessand with other risk management teams. Work with senior management, Law Department and other key constituencies to encourage, promote and enhance a culture that encourages ethical conduct and a commitment to compliance with applicable laws and regulations. Ensure proper and effective communication (including developing reporting) is in place. Develop effective working relationships will team members while distinguishing self as a leader.

Qualification and Experience

Qualifications: Bachelor’s, Master’s, or Law Degree preferred. CRCM certification. 10+ years in compliance, operational risk, IT systems security, business process management or financial services, of which 5+ years must include direct experience in compliance or 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). 10 years in Audit, Legal and/or Compliance Risk Management, including experience performing audit reviews and/or independent compliance monitoring and testing activities. 5+ years of Retail/Consumer banking experience. Experience in multiple areas of regulatory compliance risk and risks related to the consumer protection and general banking regulations of the OCC, FRB, CFPB and other federal, state and local regulations and laws. Experience with overseeing projects/work flow across a global institution. Experience with a global financial institution or Big 4 accounting firm.

Additional info

Ref:5045335.

Company info