CMG Compliance Senior Consultant

Wachovia Corporation (NYSE:WB) is one of the nation’s largest diversified financial services companies, providing 13.4 million household and business relationships with a broad range of banking, asset management, wealth management and corporate and investment banking products and services. Wachovia has retail and commercial banking operations in 16 states with 3,109 offices from Connecticut to Florida and west to Texas and California. Two core businesses operate under the Wachovia Securities brand name: retail brokerage in 49 states and in Latin America, and corporate and investment banking in selected industries nationwide. Globally, Wachovia serves clients through more than 40 international offices. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com, and investment products and services at evergreeninvestments.com. Wachovia had assets of $553.6 billion, market capitalization of $86.0 billion and stockholders’ equity of $48.9 billion at June 30, 2006.

The proposed merger with Golden West Financial Corporation (NYSE: GDW), parent of World Savings Bank, is expected to close in the fourth quarter of 2006, pending shareholder and regulatory approval. With this proposed merger, Wachovia would strengthen its position in California, Texas, Florida, New Jersey and New York, and enter attractive metropolitan areas in five additional states: Arizona, Colorado, Illinois, Kansas and Nevada. The combined company would serve banking customers through 3,400 offices in 21 states and Washington, D.C. In addition, Wachovia would gain mortgage lending operations under the World Savings Bank name in 39 states.

Requirements:

As a key member of the Retirement, Insurance and Asset Management Compliance Unit, you will focus on analyzing/developing policies, procedures and controls associated with Wachovia Securities’ annuity and insurance businesses. This includes consulting with assigned business unit to ensure adherence to laws, regulations, and internal policies and procedures by supporting the development and implementation of effective compliance processes, such as new regulations, product development, training issues, mergers/conversions, etc. You will also partner with line of business leadership for ongoing identification and resolution of compliance matters and you will need to maintain a thorough knowledge and understanding of relevant laws and regulations.
REQUIREMENTS
In addition to five plus years’ annuity, insurance and securities compliance experience, compliance experience related to IRAs, qualified plans or asset management accounts is preferred. A college degree or equivalent experience is required, as is the ability to communicate complex compliance issues in a credible and convincing manner.

Wachovia recognizes and values the diversity of its employees, customers and business partners. EOE,M/F/D/V