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Wholesale Banking provides financial solutions to businesses across the United States and globally. Our nine major business lines include Business Banking, Middle Market Banking, Government and Institutional Banking, Corporate Banking, Commercial Real Estate, Financial Institutions Group, Wells Fargo Commercial Capital, Wells Fargo Securities, and the Investment Portfolio. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.
This is a Financial Crimes Consultant 2 position with the Wells Fargo Securities (WFS) Financial Crimes Risk Management (FCRM) Gift and Entertainment (G&E) Oversight team currently supporting Wells Fargo Securities and supporting lines of business. The WFS G&E Oversight team provides credible challenge to G&E expenses and is part of the first line of defense regarding all G&E related expense activity compliance. As a member of this team you will be expected provide advisory, guidance and support across a multitude of businesses with an understanding of FINRA/MSRB rules and regulations related to gifts and entertainment and general expense management, Foreign Corrupt Practices Act (FCPA), the UK Bribery Act, and other regulatory risk and compliance.
Daily responsibilities include:
Review of G&E expense activity and data management
Review of Meeting and Events activity
Review of Spotlight Ticket Management System
Review of Sponsorship and Charitable Contributions
Management of the pre-clearance process
Fielding questions from the Line of Business
G&E report generation and communications
Additional responsibilities are to create efficiencies by revising key processes and tools, applying new technologies and approaches to increase the capacity and effectiveness of the WFS G&E Program.
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 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.
Team members 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 and if 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.
Data management experience
Ability to escalate issues
Ability to exercise independent judgment to identify and resolve problems
Ability to initiate action, make difficult decisions, and generate creative solutions
Ability to interact with all levels of an organization
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
Excellent verbal, written, and interpersonal communication skills
Knowledge and understanding of complex regulatory/compliance issues and potential solutions
Knowledge and understanding of data management concepts, process, tools, and environments
Knowledge and understanding of project coordination and expense tracking
Solid conflict management and decision making skills
Strong analytical and technical skills
Strong attention to detail and accuracy skills
Strong organizational, multi-tasking, and prioritizing skills
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
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