Lead Financial Crimes Officer

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

About this role:

Wells Fargo is seeking a Lead Financial Crimes Officer to support the Financial Crimes Risk Management (FCRM) Risk Assessment Team. Learn more about the career areas and business divisions at wellsfargojobs.com . The Lead Financial Crimes Officer will be responsible for leading various risk assessment processes and assisting in the execution of Financial Crimes Risk Assessments. The Enterprise-wide Financial Crimes Risk Assessment team covers Bank Secrecy Act, Anti-Money Laundering (BSA/AML), Global Sanctions, and Anti-Bribery and Corruption.

The Wells Fargo FCRM Risk Assessment Team executes the annual enterprise-wide BSA/AML, Global Sanctions, and Anti-Bribery and Corruption Risk Assessment in addition to targeted Risk Assessments that have BSA/AML and Sanctions in-scope. Financial Crimes Risk Managements Risk Assessment program enables Wells Fargo to identify its exposure to illicit finance risks and accomplishes the objectives set out in relevant guidance documents, such as the FFIEC BSA/AML Examination Manual and the OFAC Framework.

In this role, you will:

Lead various Pre-Risk Assessment activities which may include reviewing material changes to the Wells Fargo Corporate Risk Hierarchy among other activities, such as updating the FCRM Risk Assessment Survey questions, Methodology, and/or Operating Procedure.

In accordance with the FCRM Risk Assessment Operating Procedure and related Guidance, execute a review and challenge of AML, GS, and ABC survey responses submitted by the Front Line in the Financial Crimes Risk Assessment Tool. The Review and Challenge process includes evaluating survey responses for reasonableness and ensuring documented rationales are properly added to survey responses for: 1) Quantitative inherent risk data; 2) Qualitative risk survey responses; and 3) Control Design & Effectiveness ratings selected by the Front Line.

Communicate findings, observations, and recommendations to the respective Front Line Business Assessor as it pertains to survey questions being challenged, whether its due to inadequate or missing rationales to support survey responses, lack of supporting documentation, or data entry issues.

Build relationships with Risk Assessment Stakeholders, FCRM Partners, and others to discuss lines of business and overall control environments.

Make recommendations to help optimize and improve the end-to-end Financial Crimes Risk Assessment process.

Required Qualifications:

5 years of Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, Corruption experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

Advanced knowledge/understanding of Financial Crimes Risk Assessments (any combination of Lines of Business, Products, Channels, etc.).

2 years of experience performing risk & control work (Issues, Corrective Actions, MREs, Audit Findings).

Demonstrated experience in developing, articulating, and organizing findings to draft executive level reporting.

Ability to influence stakeholders at all levels to ensure Business Groups and Corporate Functions are engaged and allocating resources as necessary to assist in FCRM Risk Assessments.

Strong understanding of illicit finance risks (Anti-Money Laundering, Counter-Financing of Terrorism, Sanctions, and Anti-bribery & Corruption).

Active Certified Anti Money Laundering Specialist (CAMS), Certified Regulatory Compliance Manager (CRCM), and/or Wells Fargo AML/Sanctions Credential.

Highly analytical with the ability to perform independent research (e.g., Open-source, Internal resources, assess applicability of specific policies and procedures that exist within FCRM and in the Businesses).

Embrace ambiguity and be proactive in identifying enhancement opportunities and process improvements.

Time Management skills and ability to prioritize work assignments in an environment with competing priorities.

Flexibility and assist the FCRM Risk Assessment Leadership Team by performing various tasks and completing assignments that are broad in nature and may not always align with Targeted FCRM Risk Assessments (e.g., Assisting the Enterprise-wide FCRM Risk Assessment Team, if needed).

Job Expectations:

Willingness to work on-site at stated location on the job opening.

This position offers a hybrid work schedule.

This position is not eligible for Visa sponsorship.

Job posting may come down early due to volume of applicants

Posting Locations:

401 S Tryon Street, Charlotte, NC

250 E John Carpenter Frwy, Irving, TX

600 S 4th Street, Minneapolis, MN

800 S Jordan Creek Pkwy, West Des Moines, IA

114 N Beaumont Street, Saint Louis, MO

1150 W Washington Street, Tempe, AZ

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.

$111,100.00 – $197,500.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits – Wells Fargo Jobs 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:

2 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 units 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 .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our 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.

Company: WELLS FARGO BANK

Req Number: R-404256-5

Updated: Tue Oct 01 02:55:21 UTC 2024

Location: TEMPE,Arizona