At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
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.
The Wholesale Financial Crimes Risk & Controls (WFCRC) team is responsible for the coordination, oversight and ultimate execution of Wholesale Banking's commitments to key internal and external stakeholders as it relates to the management of financial crimes risk with the Wholesale Bank. In addition to having responsibility for Wholesale Banking's execution of the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) program, WFCRC is also responsible for the remediation of the OCC BSA/AML Consent Order. This team will partner with line of business ("LOB"), operations, risk and compliance team members, Wholesale Control Executive Office, Enterprise Financial Crimes Risk Management, Wells Fargo Audit Services, and Testing & Validation to advocate and ensure alignment in scope, purpose, expectations and execution of the Wholesale Financial Crimes Program. The team will achieve this through a focus on strong communication, strategic planning, thoughtful and meaningful tracking/reporting, and timely escalation and change management.
The newly created Wholesale Financial Crimes EDD Underwriting team within Wholesale Financial Crimes Operations is seeking a dynamic leader. This organization will provide operations support for the completion of relationship memos, with particular focus on assessing AML/BSA/sanctions/corruption risk. Specifically, this leader will manage the newly formed EDD Risk Assessment team for Wholesale Banking. The team will interact with the front line team members, relationship managers and/or line of business (LOB) Financial Crimes teams to ensure accurate, timely and successful completion of relationship memos. Most common tasks involve document review, AML/BSA/sanctions/corruption risk assessment, and building a consistent process for completion of relationship memos. The team is geographically disbursed and this leader will be responsible for managing multiple work sites. This leader will interact with LOBs, independent risk management, and audit.
Managing the use of internal and external data, including publicly available information
Performing risk assessments, leveraging experience within reputational and operational risk management or control functions
Collaboration with all levels of management and functional groups
Executing communication routines with impacted stakeholders inclusive of members of the risk team as well as the LOB
Day to day support of LOB teams and clear understanding of business goals/objectives as well as applicable Financial Crimes risk
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 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.
Advanced Microsoft Office skills
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy
Ability to articulate complex concepts in a clear manner
Ability to interact with all levels of an organization
Other Desired Qualifications
6+ years of experience in operational risk management processes, compliance, audit and/or regulatory programs with Know Your Customer (KYC) responsibilities, half of which in an enterprise/wholesale function
4+ years Financial Services Industry at a full-service financial institution with domestic and international operations with at least 1 year in Wholesale Banking or similar experience
In-depth knowledge of Wholesale Banking processes and operating requirements at a large, complex, and globally-diverse financial institution
Thorough understanding of CIP/CDD/EDD requirements
Onboarding, Monitoring, Surveillance, KYC customer processing experience
Financial Crimes Compliance experience
Ability to motivate team members, actively lead and facilitate discussions, and drive toward decisions that are in the best interest of Wells Fargo and our customers
A proactive self-starter who values personal accountability and thrives under pressure in a fast-paced and demanding environment
Advanced Microsoft Office skills: Word, Excel, PowerPoint, Visio, and MS Project
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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