Business Execution Director - Regulatory Affairs Reporting - Wells Fargo
WASHINGTON, DC
About the Job
Why Wells Fargo:
This is where your true career begins. We ranked #2 on the 2023 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career” in the U.S. At Wells Fargo, we support employees’ career aspirations and growth. We’re proud of our employee-welfare-centered business approach and our commitment to diversity, equity, and inclusion in the workplace.
We offer competitive salaries and one of the richest benefits packages in the industry. Our Total Rewards program focuses on wellness, work-life balance and the financial health of our employees. Our customers invest with us, we invest in you. Apply today.
About this role:
Wells Fargo seeks a Business Execution Director to lead the Regulatory Affairs Reporting team. This role reports to the Chief Regulatory and Policy Affairs Executive in Regulatory and Policy Affairs (RAPA) within the Chief Operating Office.
The Head of Regulatory Affairs Reporting is responsible for advising on and executing Regulatory Affairs’ reporting strategy and establishing and maintaining associated processes. This includes preparing and managing board level, senior management, committee, and business/enterprise function presentations, reports, and communications regarding regulatory matters, with a strong emphasis on timely, effective, and high-quality material preparation.
This role is visible, challenging, and rewarding, interacting regularly with senior business and functional leaders and with members of governance committees and the Corporate Secretary’s office, as appropriate. The individual who assumes this role will be a member of the Regulatory and Policy Affairs Leadership Team, manage a team of direct reports and interact with the Chief Regulatory and Policy Affairs Executive and other RAPA leaders frequently. The incumbent and their team must identify and report significant updates and themes, synthesize complex information into clear and concise reporting, and ensure rigorous attention to detail and quality assurance.
Learn more about the career areas and lines of business at wellsfargojobs.com (https://www.wellsfargojobs.com/career-areas/)
In this role, you will:
+ Manage the Regulatory Affairs Reporting team responsible for preparing and delivering regulatory matters, and other RAPA, reporting materials and presentations
+ Prepare and manage board-level, senior management, committee, and business/enterprise function materials, presentations, and reports, including weekly Operating Committee reports and regular Board of Directors Regulatory Compliance Operating Committee (RCOC) reports
+ Interface with Regulatory Affairs colleagues to stay abreast of current regulatory engagements and policy and consumer practices initiatives
+ Interact with senior management and key partners to maintain awareness of the regulatory environment and status of significant regulatory matters
+ Develop and maintain data, reporting and dashboards regarding status of regulatory matters
+ Oversee development, maintenance, and execution of Regulatory Affairs Reporting processes and controls
Required Qualifications:
+ 8+ years of Business Execution, Implementation, or Strategic Planning experience, including Management experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
+ 4+ years of management experience
Desired Qualifications:
+ 8 years of suitable executive and/or board reporting, regulatory relations, business execution, implementation, legal, or strategic planning
+ Experience establishing, maintaining, and executing reporting to senior management and/or boards of directors in a large financial institution or comparable organization
+ Experience in regulatory relations involving the Office of the Comptroller of the Currency, the Federal Reserve, the FDIC, and/or the Consumer Financial Protection Bureau
+ Strong knowledge of the financial services industry and regulatory environment
+ Proven ability to interact with executives and business leaders, remain calm under pressure, navigate conflicting priorities, and handle challenge
+ Demonstrated ability to execute effectively, build and maintain strong credible relationships, and develop partnerships with multiple business and risk areas
+ Ability to identify business risks and to plan and execute process improvements to mitigate such risks
+ Excellent organizational and time management skills with ability to multi-task, prioritize and deliver exceptional work product in fast paced and dynamic work environment
+ Flexible approach and comfort with time-sensitive requests and changing priorities
+ Demonstrated ability to effectively drive results, provide feedback/direction, and manage and build constructive and effective relationships with leaders and team members in a geographically dispersed team environment
+ BA/BS Degree, Graduate degree preferred
+ Excellent verbal and written communication skills, and interpersonal skills
+ Strong attention to detail and accuracy
Job Expectations:
This position is not eligible for Visa sponsorship
This position offers a hybrid work schedule
Posting Location:
401 S Tryon Street Charlotte, NC
10 S Wacker Dr Chicago, IL
150 E 42nd St New York, NY
125 High St Boston, MA
1700 K St NW Washington, DC
The Chief Operating Office adheres to a location strategy; therefore, your candidacy may be determined based on your current location. Remote work locations are not available for these roles, so if you are not in a location listed on the posting, you must commit to relocation within an agreed upon timeframe.
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$144,400.00 - $300,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.
+ Health benefits
+ 401(k) Plan
+ Paid time off
+ Disability benefits
+ Life insurance, critical illness insurance, and accident insurance
+ Parental leave
+ Critical caregiving leave
+ Discounts and savings
+ Commuter benefits
+ Tuition reimbursement
+ Scholarships for dependent children
+ Adoption reimbursement
Posting End Date:
27 Oct 2024
* _Job posting may come down early due to volume of applicants._
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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 US: 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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-410925
This is where your true career begins. We ranked #2 on the 2023 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career” in the U.S. At Wells Fargo, we support employees’ career aspirations and growth. We’re proud of our employee-welfare-centered business approach and our commitment to diversity, equity, and inclusion in the workplace.
We offer competitive salaries and one of the richest benefits packages in the industry. Our Total Rewards program focuses on wellness, work-life balance and the financial health of our employees. Our customers invest with us, we invest in you. Apply today.
About this role:
Wells Fargo seeks a Business Execution Director to lead the Regulatory Affairs Reporting team. This role reports to the Chief Regulatory and Policy Affairs Executive in Regulatory and Policy Affairs (RAPA) within the Chief Operating Office.
The Head of Regulatory Affairs Reporting is responsible for advising on and executing Regulatory Affairs’ reporting strategy and establishing and maintaining associated processes. This includes preparing and managing board level, senior management, committee, and business/enterprise function presentations, reports, and communications regarding regulatory matters, with a strong emphasis on timely, effective, and high-quality material preparation.
This role is visible, challenging, and rewarding, interacting regularly with senior business and functional leaders and with members of governance committees and the Corporate Secretary’s office, as appropriate. The individual who assumes this role will be a member of the Regulatory and Policy Affairs Leadership Team, manage a team of direct reports and interact with the Chief Regulatory and Policy Affairs Executive and other RAPA leaders frequently. The incumbent and their team must identify and report significant updates and themes, synthesize complex information into clear and concise reporting, and ensure rigorous attention to detail and quality assurance.
Learn more about the career areas and lines of business at wellsfargojobs.com (https://www.wellsfargojobs.com/career-areas/)
In this role, you will:
+ Manage the Regulatory Affairs Reporting team responsible for preparing and delivering regulatory matters, and other RAPA, reporting materials and presentations
+ Prepare and manage board-level, senior management, committee, and business/enterprise function materials, presentations, and reports, including weekly Operating Committee reports and regular Board of Directors Regulatory Compliance Operating Committee (RCOC) reports
+ Interface with Regulatory Affairs colleagues to stay abreast of current regulatory engagements and policy and consumer practices initiatives
+ Interact with senior management and key partners to maintain awareness of the regulatory environment and status of significant regulatory matters
+ Develop and maintain data, reporting and dashboards regarding status of regulatory matters
+ Oversee development, maintenance, and execution of Regulatory Affairs Reporting processes and controls
Required Qualifications:
+ 8+ years of Business Execution, Implementation, or Strategic Planning experience, including Management experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
+ 4+ years of management experience
Desired Qualifications:
+ 8 years of suitable executive and/or board reporting, regulatory relations, business execution, implementation, legal, or strategic planning
+ Experience establishing, maintaining, and executing reporting to senior management and/or boards of directors in a large financial institution or comparable organization
+ Experience in regulatory relations involving the Office of the Comptroller of the Currency, the Federal Reserve, the FDIC, and/or the Consumer Financial Protection Bureau
+ Strong knowledge of the financial services industry and regulatory environment
+ Proven ability to interact with executives and business leaders, remain calm under pressure, navigate conflicting priorities, and handle challenge
+ Demonstrated ability to execute effectively, build and maintain strong credible relationships, and develop partnerships with multiple business and risk areas
+ Ability to identify business risks and to plan and execute process improvements to mitigate such risks
+ Excellent organizational and time management skills with ability to multi-task, prioritize and deliver exceptional work product in fast paced and dynamic work environment
+ Flexible approach and comfort with time-sensitive requests and changing priorities
+ Demonstrated ability to effectively drive results, provide feedback/direction, and manage and build constructive and effective relationships with leaders and team members in a geographically dispersed team environment
+ BA/BS Degree, Graduate degree preferred
+ Excellent verbal and written communication skills, and interpersonal skills
+ Strong attention to detail and accuracy
Job Expectations:
This position is not eligible for Visa sponsorship
This position offers a hybrid work schedule
Posting Location:
401 S Tryon Street Charlotte, NC
10 S Wacker Dr Chicago, IL
150 E 42nd St New York, NY
125 High St Boston, MA
1700 K St NW Washington, DC
The Chief Operating Office adheres to a location strategy; therefore, your candidacy may be determined based on your current location. Remote work locations are not available for these roles, so if you are not in a location listed on the posting, you must commit to relocation within an agreed upon timeframe.
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$144,400.00 - $300,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.
+ Health benefits
+ 401(k) Plan
+ Paid time off
+ Disability benefits
+ Life insurance, critical illness insurance, and accident insurance
+ Parental leave
+ Critical caregiving leave
+ Discounts and savings
+ Commuter benefits
+ Tuition reimbursement
+ Scholarships for dependent children
+ Adoption reimbursement
Posting End Date:
27 Oct 2024
* _Job posting may come down early due to volume of applicants._
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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 US: 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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-410925
Source : Wells Fargo
