FCRM Product Governance - New Business Initiative Lead - Financial Crimes Officer

Job description

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 when 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 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.

As the company's second line of defense, Corporate Risk - or Independent Risk Management - provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework and ensure all employees understand their individual accountability for managing risk. Corporate Risk roles depend on a variety of skills, including: Data analysis and synthesis, root cause analysis, change management, process management & execution, risk governance, risk strategy, risk identification & assessment, risk prevention, controls & mitigation, risk monitoring, reporting & escalation, risk systems & technology.

The Financial Crimes Risk Management (FCRM) group within the Corporate Compliance organization is the independent risk management function for the financial crimes risk disciplines which include BSA/AML, Sanctions, OFAC, and Anti-Bribery and Corruption. FCRM owns the Global Financial Crimes Risk Management (FCRM) Program that documents how FCRM manages financial crimes risk in a comprehensive and effective manner to protect the Company and its reputation.

The FCRM Product Governance Team is responsible for establishing the financial crimes new business initiative risk management framework and providing oversight and guidance to businesses and groups as they perform and document assessments of initiatives. These oversight activities include reviews of assessments of specific initiatives, especially new and modified products and services, performed on an ongoing basis to independently evaluate the adequacy and effectiveness of businesses' assessments of financial crimes risk and mitigating controls.

We currently have an opportunity on our FCRM Product Governance Team for an experienced individual contributor to lead the oversight activities related to new and modified products and services associated with the areas of asset management, sophisticated financing arrangements, and securities related activities. As an integral contributing member of the FCRM Product Governance Team, you will be responsible for independent and critical reviews of assessments prior to consideration for approval of the initiative at the IRM level.

• 7+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 7+ years of financial services industry experience, of which 5+ years must include direct experience in risk management

• 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
• 6+ years of BSA/AML experience
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Ability to develop and manage business relationships

• A BS/BA degree or higher, especially in finance, economics, law, engineering, or systems technology
• Knowledge and understanding of brokerage, asset management, capital finance or complex finance and investment strategies
• Demonstrated ability to evaluate complex programs and initiatives and provide credible challenge
• Demonstrated experience with issue resolution including root cause analysis, mitigation plans and remediation activities
• 6+ years of securities, brokerage or complex financing experience
• Certified Anti Money Laundering Specialist (CAMS), or equivalent
• Knowledge and understanding of financial crimes monitoring and/or investigation

• Ability to travel up to 5% of the time

The salary range displayed below is based on a Full-time 40 hour a week schedule.

IA-West Des Moines: Min: $110,600 Mid: $158,000
AZ-Tempe: Min: $110,600 Mid: $158,000
MN-Minneapolis: Min: $110,600 Mid: $158,000
TX-Irving: Min: $110,600 Mid: $158,000
NC-Charlotte: Min: $110,600 Mid: $158,000
MO-Saint Louis: Min: $110,600 Mid: $158,000

NC-Charlotte: 401 S Tryon St - Charlotte, NC
TX-Irving: 5000 Riverside Drive - Irving, TX
IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA
MN-Minneapolis: 600 S 4th St - Minneapolis, MN
AZ-Tempe: 1150 W Washington St - Tempe, AZ
MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO

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.

Benefits

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