Lead Financial Crimes Officer

About This Role

Wells Fargo is seeking a Lead Financial Crimes Officer in Financial Crimes Risk Management as part of Independent Risk Management. Learn more about career areas and business divisions at www.wellsfargojobs.com . Responsibilities may include but are not limited to:

• Risk Concurrence of due diligence reviews conducted by business groups.
• Ensuring procedures are accurately documented.
• Providing guidance and advisory support on questions related to AML policy requirements and AML risk.
• Providing support on AML program related initiatives.
  
  

In this role, you will:

• Lead complex initiatives with broad impact and act as a key participant in large-scale planning.
• Implement and maintain an effective financial crimes program for the company that complies with all applicable laws, regulations, and regulatory expectations including Bank Secrecy Act, Anti-Money Laundering, Counter Terrorist Financing, Global Sanctions and Fraud.
• Act as an escalation point for more complex cases.
• Create, update, maintain processes and procedures to ensure awareness of schemes and trends.
• Review and examine complex, larger scale, or longer-term business, that require in-depth evaluation of multiple factors including intangibles or unprecedented factors.
• Conduct or lead investigative research, root cause examination and consult on transactions, suspicious situations, policy violations, referrals, customers, and related parties that present moderate to high risk or complexity, and some visibility.
• Lead implementation of initiatives with moderate to high risk.
• Provide guidance for development and delivery of training.
• Make decisions in complex situations requiring understanding of policies, procedures and compliance requirements that influence and lead a broader work team to meet deliverables and drive new initiatives.
• Partner with more experienced leaders to develop innovative methods and adjustments to strategies that will minimize portfolio risk and maximize profits.
• Represent organization in handling court appearances, depositions, mediations, arbitrations, etc.
• Lead projects, and virtual teams and mentor less experienced staff.
• Collaborate strategically with peers, colleagues and managers to resolve issues and achieve goals.
• Inform peers, line of business and other external partners on findings.
• Liaise with Legal and law enforcement agencies.
• Collaborate internally with Audit, Legal, external agencies, and regulatory bodies for oversight of risk management.
  
  

Required Qualifications:

• 5 years of Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, Corruption experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
  
  

Desired Qualifications:

• Anti-Money Laundering (AML) / Bank Secrecy Act (BSA) experience including knowledge and understanding of Customer Identification Program, Customer Due Diligence, and Politically Exposed Persons (PEPs).
• Experience in drafting and maintaining business procedures.
• Experience building partnerships and consulting effectively with leadership.
• Proven abilities in critical thinking, execution across multiple and competing priorities.
• Disciplined thinker who can manage in a complex and changing environment.
• Excellent written and verbal communication skills with experience with presentation and ability to articulate key messages.
• Risk management experience in the areas of fraud, bank regulations, anti-money laundering, anti-terrorism financing, risk policy, due diligence, and/or process risk.
• CAMS, CFE, or other comparable risk certification.
  
  

Job Expectations:

• Ability to work at one of the approved locations in the job posting.
• This position is not eligible for Visa sponsorship.
• This position offers a hybrid work schedule.
• 10% business travel.
  
  

Job Locations:

• 401 S. Tryon Street - Charlotte, North Carolina
• 250 E. John Carpenter Freeway - Irving, Texas
• 600 S. 4th Street - Minneapolis, Minnesota
• 114 N. Beaumont Street, Bldg D - Saint Louis, Missouri
• 1150 W. Washington Street - Tempe, Arizona
• 800 S. Jordan Creek Parkway - West Des Moines, Iowa
  
  

U.S. Only - Pay Range:

Minneapolis - Minnesota: $111,100.00 - $197,500.00 USD annual

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$111,100.00 - $197,500.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement
  
  

Posting End Date:

14 Feb 2025

• Job posting may come down early due to volume of applicants.
  
  

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees 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.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Applicants With Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment And Hiring Requirements

• Third-Party recordings are prohibited unless authorized by Wells Fargo.
• Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
  
  

Reference Number

R-425243-2