Financial Crimes Sr Assoc

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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.

Financial Crimes Risk Management (FCRM) has an opportunity for a Financial Crimes Senior Associate to support the team's administration and execution of Risk and Control Self-Assessment (RCSA), and Financial Crimes Risk Management Monitoring, a part of the larger Independent Risk Management Monitoring Plan, required by the Independent Monitoring, Testing and Validation Policy. For RCSA, the team member will act as the FCRM point of contact to the business, control teams, Business Aligned Compliance Officers, and Operational Risk Business Oversight teams as needed for RCSA work. The team member will be responsible for providing challenge to RCSA templates to ensure that correct financial crimes risks are represented and mitigated. Specifically, reviewing RCSA materials during Pre-workshop, assessing Major Requirement applicability, appropriate risks are identified, and reviewing controls. For Monitoring, this role leads efforts in FCRM to document, provide challenge, perform quality control, facilitate integration efforts into the IRM Program, and reports on activities that meet the criteria for monitoring.

The team further provides guidance and direction to business partners and Financial Crimes oversight team on BSA/AML or RCSA matters, and may handle high priority and ad hoc requests.

Work associated with this role will require a solid understanding of the Risk Management Framework, Internal Control Policy, Risk and Control Self-Assessment Policy and Methodology, and working knowledge of financial crimes laws and regulations. Additionally, this role will require strong collaboration with key partners in Financial Crimes Risk Management such as Anti-Bribery and Corruption, International FCRM, and oversight teams.

Required Qualifications

• 5+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) demonstrated through work or military experience; or 5+ years of financial services industry experience, of which 3+ years must include direct experience in risk management

Desired Qualifications

• A BS/BA degree or higher
• Ability to articulate complex concepts in a clear manner
• 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 skills
• Excellent verbal, written, and interpersonal communication skills
• Strong analytical skills with high attention to detail and accuracy
• Certified Anti Money Laundering Specialist (CAMS)

Other Desired Qualifications

• Superior critical thinking and analysis skills in areas of high subjectivity (e.g. non-prescriptive/non-recurring areas of review)
• Keen business acumen
• Experience independently executing projects with high visibility
• Advanced written and verbal presentation skills; an expectation to produce high quality deliverables
• Advanced research and discovery skills; ability to identify and proactively follow up on key points/new information and ensure a thorough understanding of key facts; flexibility to adjust approach as new information is identified.
• Advanced ability to proactively obtain and understand key facts, analyze detailed information, decipher key themes, and formulate relevant conclusions for discussion and reporting to Wells Fargo senior management and leadership
• Demonstrated ability to articulate, support and defend key conclusions in the face of conflicting views
• Excellent writing skills with superior attention to detail and accuracy; awareness of intended audience
• Demonstrated ability to provide proactive and relevant credible challenge with value added feedback
• Knowledge of financial crimes legal and regulatory requirements (e.g. BSA/AML, Fraud)
• Strong technical knowledge of risk management frameworks and internal control objectives
• Seasoned contributor with experience working on high performing teams
• Demonstrated direct experience working with senior level management
• Previous experience working with Risk and Control Self Assessment (RCSA)

Job Expectations

• Ability to travel up to 10% of the time

Salary Information

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

NC-Charlotte: Min: $80,500 Mid: $115,000
TX-Irving: Min: $80,500 Mid: $115,000
IA-West Des Moines: Min: $80,500 Mid: $115,000
MN-Minneapolis: Min: $80,500 Mid: $115,000
AZ-Tempe: Min: $80,500 Mid: $115,000
MO-Saint Louis: Min: $80,500 Mid: $115,000

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.

Benefits Summary

Benefits

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