Wells Fargo First Clearing Compliance Solutions Lead 

United States, Missouri, Saint Louis 

200922689

About this role:

First Clearing provides services to independently-owned and licensed broker dealers and investment advisors. Primary services include transaction processing (trading and settlement), custody of securities and funds, and generation of client trade confirmations and monthly statements. Services may also can include a variety of other offerings including technology tools, supervisory tools, reporting tools, practice management support and FA recruiting assistance. First Clearing also makes available to these broker dealers and investment advisers, WFA/WFCS products such as advisory programs, and margin and lending products.

In this role, you will:

• Understand the regulatory landscape and its impact on our broker-dealer and investment advisor clients, leveraging Wells Fargo’s extensive compliance and risk organizations to provide consulting services, best practices, and education events. Events include Compliance Symposium discussions and in-person Risk and Compliance Forums.
• Manage client relationships and lead initiatives regarding use, servicing, change management and risk routines for First Clearing’s suite of compliance, supervisory and regulatory reporting tools. These tools include the SuperVision application for trade/surveillance reviews, Actimize-SAS alerts for AML support, and Equifax Interconnect application for CIP support.
• Lead or participate in regulatory change management efforts impacting the First Clearing line of business or First Clearing’s clients.
• Exercise independent judgment and advocacy to drive client satisfaction.
• Provide effective communication and exceptional understanding of the line of business platform.
• Collaborate and consult with peers, colleagues and leaders to resolve issues and achieve goals.

Required Qualifications:

• 5+ years of Business Relationship experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• 5+ years experience in supervisory control and/or regulatory compliance for brokerage and advisory businesses
• 3+ years experience with compliance, supervisory, and regulatory reporting tools
• Strong interpersonal and communications skills, including a demonstrated ability to summarize and present complex information in a simple and easy format.
• Ability to interact with all levels, including client firm leadership
• Ability to work on multiple efforts, adjusting priorities as needed to drive client satisfaction while meeting business deadlines
• Series 7, 24, 9/10, or 66 Series license(s) desired

Job Expectations:

• This position is not eligible for Visa sponsorship
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.
• This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Posting Location:

• 2801 Market Street - Saint Louis, MO 63103
• Required location listed above. Relocation assistance is not available for this position.

13 Apr 2025

Wells Fargo Recruitment and Hiring Requirements:

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