Senior Lead Financial Crimes Officer - CB Financial Crimes Advisory

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About This Role

Wells Fargo is seeking a Senior Lead Financial Crimes Officer to join Financial Crimes Risk Management's (FCRM) Commercial Banking (CB) Business Advisory team. Learn more about the career areas and business divisions at wellsfargojobs.com . This team sits in the second line of defense and is responsible for providing independent oversight, challenge, and advisory of the Financial Crimes programs across Commercial Banking. The Senior Lead will engage with various front line risk teams on the development, implementation, and monitoring of complex business-specific Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Office of Foreign Assets Control (OFAC), and Anti-Bribery & Corruption (ABC) risk mitigation programs and activities. This team member will work with teams across Commercial Banking, along with partners across FCRM, Compliance, Control, Legal, and others regarding risk management. The team member will lead efforts and provide mentorship and guidance to others but will not directly manage other team members.

In This Role, You Will

• Provide financial crimes expertise and guidance for CB related activities and projects to ensure adherence to policy requirements and risk mitigation expectations.
• Provide oversight of assigned financial crimes related issues and corrective actions to ensure control deficiencies are effectively resolved. This includes (but is not limited to):
• Oversight by engaging with issue and corrective action owners as well as Control and other issues management teams to stay abreast of existing and emerging issues to see them through resolution.
• Technical Issues Management Policy-focused assessments of issues and corrective actions to ensure proper issue hygiene and documentation.
• Substantive assessments of issues documentation to ensure that risk is effectively mitigated by the raising of issues and execution of corrective actions.
• Execute second line's own deliverables that tie issues with enterprise high-priority matters.
  
  

• Provide second-line engagement on product-related risk. This includes (but is not limited to):
• Providing guidance on product risk where needed.
• Engaging on risk matters that are tangentially related to products in the broader product-related space, such as transactions, channels, etc.
• Engaging front line and second line teams on various risk and coverage assessments as needed, such as Transaction Monitoring Coverage Assessments, Product Risk Assessments, Targeted Risk Assessments, Enterprise-Wide Risk Assessments, etc.
• Identify risk exposure based on emerging risks and changes in business processes or risk tolerance.
• Continuously monitor CB's financial crimes risk environment and identify and escalate financial crimes risk matters to management and risk forums as appropriate.
• Work cross-functionally with both front line and second line teams on solutions, and strategic objectives.
• Engage front line and second line teams on net-new and ad hoc initiatives, deliverables, and risk matters as needed.

Required Qualifications:

• 7 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:

• 5 years of experience in Financial Crimes Risk Management, specifically in regulatory expectations, controls, new product, business initiatives.
• 5 years of experience in risk management (includes compliance, financial crimes, operational risk, audit and legal).
• 5 years of experience in handling formally documented issues, including overseeing issue populations, reporting, driving closure, drafting corrective actions, and other aspects of issue management.
• Experience with implementing Financial Crimes requirements within Commercial Banking lines of businesses.
• In-Depth experience Identifying, mitigating, and consulting around financial crime risk and regulations.
• Experience successfully influencing, leading, and negotiating with executives, senior business leaders and partners to gain commitment to accomplish business goals.
• Strong understanding of policies, procedures, and programs to ensure appropriate and effective risk mitigation controls are in place.
• Experience creating presentation decks for different audiences that can outline/highlight the topic in a clear and concise manner.
• Analytical skills with the ability to grasp complex business issues quickly and be able to successfully explain to an independent third party.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to work independently, prioritize, meet deadlines and work under pressure in a dynamic and complex environment.
  
  

Job Expectations:

• This position offers a hybrid work schedule.
• Willingness to work onsite at stated location on the job posting.
• This position is not eligible for VISA sponsorship.
  
  

Posting Locations:

401 S Tryon Street, Charlotte, NC

250 E John Carpenter Frwy, Irving, TX

600 S 4th Street, Minneapolis, MN

800 S Jordan Creek Pkwy, West Des Moines, IA

114 N Beaumont Street, Saint Louis, MO

1150 W Washington Street, Tempe, AZ

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.

$144,400.00 - $300,000.00

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:

25 Mar 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-444217-6