Wholesale Financial Crimes Operational Risk Consultant (Orc4), Wholesale Financial Crimes Risk Control (Wfcrc)

Wells Fargo Dallas , TX 75201

Posted 4 weeks ago

Job Description:

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume prior to submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell" or "Cellular" in the contact information of your application.

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 four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.

Wholesale Control

The Wholesale Control (WC) organization serves as the front line risk management organization within the Wholesale Banking group of Wells Fargo supporting the Wholesale businesses with risk strategy, implementation, and execution. The Wholesale Control team is accountable to assess and effectively manage risks across all risk types and Wholesale businesses delivering an integrated view of risks, producing a sustainable control environment, and instilling a culture of strong risk management. The team is responsible to identify and assess risks, design and implement controls, and execute and monitor the controls to ensure they are working effectively to manage risk across Wholesale. Wholesale Control interfaces with Independent Risk Management and Audit to drive comprehensive and consistent implementation of regulatory and corporate risk policies and programs across Wholesale.

Wholesale Financial Crimes Risk Control (WFCRC) 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.

This role will:

  • Research, analyze, develop and review content about Wholesale Financial Crimes Risk Control's (WFCRC's) risks and controls in corporate risk tools such as the Shared Risk Platform's (SHRP's) Business Profile Management - Compliance Management, and SHRP Risk and Control Self-Assessment (RCSA) to ensure it is accurate, complete, and aligns with corporate standards

  • Coordinate with Wholesale business Financial Crimes risk control teams to analyze, develop, and help ensure their Financial Crimes content in the relevant SHRP tools is accurate, complete, and aligns with corporate standards

  • Analyze and provide guidance to Wholesale business Financial Crimes teams to help them correctly resolve corporate credible challenge, as needed, and

  • Complete ad-hoc risk assignments.

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.

Primary work locations are listed in the position description but telecommuting within these locations may be considered

Required Qualifications

  • 6+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both

Desired Qualifications

  • Advanced Microsoft Office skills

  • Excellent verbal, written, and interpersonal communication skills

  • Strong analytical skills with high attention to detail and accuracy

  • Ability to interact with all levels of an organization

  • A BS/BA degree or higher

Other Desired Qualifications

  • Demonstrated knowledge of and abilities researching Financial Crimes regulations, policies, programs, risk assessments, procedures, and controls

  • At least 6+ years' experience at a full-service financial institution with domestic and international operations to include at least 2 years in Wholesale Banking

  • Demonstrated ability to build collaborative working relationships across a wide variety of business teams and groups to complete cross-organizational projects in an efficient, effective and timely manner

  • Ability to pro-actively organize and facilitate discussions; demonstrate creative thinking and problem-solving skills to identify practical solutions; and help implement solutions that are in the best interest of Wells Fargo, the Wholesale Banking Group, and our customers

  • Shared Risk Platform (SHRP) experience, particularly with Wells Fargo's SHRP Business Profile Management, SHRP Business Process Management, and SHRP RCSA, highly desirable

  • Must be a proactive self-starter who values personal accountability and thrives under pressure in a fast-paced and demanding environment

  • Proven ability to navigate through ambiguity and maintain momentum, driving for results and clarity in uncertain situations

  • Ability to collaborate with geographically dispersed team members and matrixed relationships

  • Proven track record to meet deadlines consistently and with high quality

  • Certified Anti-Money Launderings Specialist (CAMS) a plus, or willingness to obtain within 2 years of hire

  • Prior Audit experience a plus

The ideal candidate will have proven skills collaborating cross-organizationally to complete assignments through positive influence rather than direct reporting relationships; working independently or as part of a small team; communicating effectively both orally and in writing; and accurately completing a wide variety of concurrent assignments with varying degrees of complexity and a high degree of accuracy under short deadlines.

Job Expectations

  • Ability to travel up to 5% of the time

Disclaimer

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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Wholesale Financial Crimes Operational Risk Consultant (Orc4), Wholesale Financial Crimes Risk Control (Wfcrc)

Wells Fargo