Wells Fargo APAC Country Compliance Senior Manager 

Singapore 

707238187

About this role:

The APAC Country Compliance Senior Manager will be the designated Chief Compliance Officer (CCO) for Singapore Branch, alongside management, leadership, strategic direction and decision making for the various countries in region. This includes overseeing regulatory priorities and compliance with enterprise-wide compliance standards and the regulatory requirements​ of the countries in which the region operates.

This role is based in Singapore and will report to the International Head of Legal EntityCompliance. Learn

In this role, you will:

• Lead the APAC Country Compliance Team, alongside responsibility as the designated CCO for the Singapore Branch.
• Responsible for all aspects of Compliance risk management and oversight within APAC for the relevant Legal Entities in conjunction with the designated country CCO, Business Aligned Compliance and other Legal Entity Compliance teams
• Support APAC senior management in identifying, assessing, documenting, and monitoring potential compliance risks, based on a comprehensive, effective and efficient APAC compliance programme and framework, which leverages International and/or Enterprise processes and resources.
• Monitor and report on Compliance risk to relevant stakeholders, including the relevant Executive and Boards for Singapore, alongside consistent updates across the other APAC Legal Entities in conjunction with the International Governance and Reporting team.
• Support APAC senior management by developing good working relationships with APAC regulators and/or supporting the country CCO’s, as required, including assisting in the management of regulatory examinations and inquiries.
• Provide appropriate compliance knowledge and procedural training and by guiding and educating staff on compliance rules and standards.
• Assess the appropriateness of APAC compliance-related policies, procedures, standards and associated controls, promptly following up any identified deficiencies and, where necessary, formulating proposals for amendments to existing Enterprise processes, where possible.
• Act as trusted advisor and pro-active partner to APAC senior management on regulatory compliance rules and standards.
• Monitor compliance with applicable legal requirements, rules, standards and decisions and all internal policies and processes and actively monitor and plan for any changes in same.
• Ensure that services provided to APAC Legal Entities centrally are well-managed and documented appropriately in line with the Enterprise Third Party Risk Management processes in conjunction with the International Horizontally Aligned Compliance team.
• Simplify processes leveraging Enterprise and WFIP, with appropriateoversight/intra-groupoutsourcing arrangements that are proportionate to the size and scale of the business.
• Promptly inform appropriate stakeholders of any serious compliance risk incident of which you become aware, including but not limited to Audit or testing team findings, regulatory requests, monitoring results, or any other escalations related to the Compliance Programme elements.
• Be engaged in the approval process with respect to any new products or services or material changes to existing products or services in conjunction with International Business Aligned Compliance team.
• Actively contribute to the development and maintenance of a culture that encourages a positive attitude towards risk control and compliance and a robust and comprehensive internal control framework.

• Actively own, contribute and drive forward related Compliance owned RCSA RAUs, controls, and Issues Management.
• Provide management and leadership across all teams operating out of APAC, India and the Philippines that support Legal Entity Compliance Programme elements.
• Establish, implement, and maintain high risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and Corporate Policy requirements with a pragmatic risk management mindset.
• Provide compliance risk and regulatory expertise for Compliance Programme elements, with active check and challenge of the Front-Line and other relevant stakeholder groups.
• Collaborate, influence, and build relationships with all levels of cross-functional stakeholders including but not limited to, Front-Line, BACOs, other relevant LOB/Enterprise Compliance teams, Legal, Audit, and Risk to facilitate a comprehensive approach to Compliance risk management.
• Identify and recommend opportunities for process improvement and risk control development, with an enterprise, risk management, and valued service mindset, whilst benching with industry practices.
• Lead the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding compliance risk management, including timely escalation and reporting to ICLT, other senior leadership, committees, and appropriate business management.
• Make decisions and resolve issues to meet business objectives.
• Lead, build, and develop a high performing team to achieve business objectives and strategy, operate with a risk management, value-add and execution mindset, whilst guiding a culture of talent development, inclusivity, speak up, and innovation.
• Be an integral part of the International Legal Entity management team, supporting peers, and ICLT with other portfolio of work and cross-functional strategic projects.

Required Qualifications:

• 6+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 3+ years of management or leadership experience
• Strong experience in Compliance risk management, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• Management and leadership experience, including global matrix reporting environment across multiple locations.

• Proven experience in the compliance and regulatory field within financial services and extensive knowledge of APAC Country Compliance, Regulatory Change, Risk Assessments, Policies, and Learning processes at a leading global financial services firm(s).
• Strong understanding of the market, regions, and regulatory environment in which Wells Fargo operates.
• Strong analytical, critical thinking and problem-solving skills, coupled with an ability to translate ambiguous ideas/issues into well-defined plans/solutions with a track-record for delivering results.
• Seasoned Compliance professional with matured leadership capabilities, including but not limited to: ability to make critical decisions, work collaboratively, ability to develop others, enabling high performance, building self-insight and effective risk and control environment.
• Self-starter with the ability to meet or exceed deadlines, prioritize, multi-task and maintain flexibility in fast paced, changing environment.
• Vision, direction setting and forward planning.
• Strong intellectual capability and flexibility, balanced by a practical and pragmatic approach and able to consider issues from multiple angles and lead debates and discussions with multiple stakeholders.
• Able to exercise independent thought, and influence/challenge senior stakeholders, including an ability to confront conflict and difficult issues in a professional, assertive, and proactive manger while remaining sensitive to business needs.
• Good sense of judgement and absolute commitment to Wells Fargo transformation journey
• Ability to lead projects with a focus on pace of execution and stakeholder collaboration.
• 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.
• Capable of distilling complex processes and conveying them in concise and simple ways.

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 APAC regulatory requirements, Compliance Programme Strategy and Wells Fargo Policies, and Procedures.
• Embed a performance culture aligned to the Wells Fargo Values.

Wells Fargo Recruitment and Hiring Requirements:

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