Lead Financial Crimes Officer - Product Risk Oversight
Lead Financial Crimes Officer - Product Risk Oversight
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
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.
About this role:
Wells Fargo is seeking a Lead Financial Crimes Officer to join the AML Emerging Risk and Product Risk group within Financial Crimes Risk Management. Learn more about the career areas and business divisions at . The Lead Financial Crimes Officer will be responsible for product risk oversight emerging risk escalations (e.g. virtual currency cannabis) AML program trends and root cause analysis stemming from AML related issues testing results etc.
In this role you will:
Focus on completing product risk oversight reviews for inherent AML risk and new business initiatives performing research and trend analysis for emerging AML risks performing root cause analysis for AML areas of interest and managing emerging AML risk inquiries and escalations.
Manage work to meet enterprise commitments and strategic objectives.
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.
Establish and monitor KPIs and KRIs inclusive of reporting to senior leadership and risk committees.
Develop and implement procedures controls analytics and trend assessment to ensure identify and mitigate financial crimes risk in a timely and effective manner.
Identify opportunities and strategies for process improvement and risk control development.
Balance risk in decision making while operating within the Companys risk appetite.
Maintain an awareness of financial crimes regulatory requirements and industry best practices.
Build strong relationships with all levels of professionals including senior leaders through fostering an environment that ensures communication and cooperation across the three lines of defense to facilitate transparency balance and credible challenge.
Partner across all levels of senior leadership in Financial Crimes to develop innovative methods and adjustments to strategies that will minimize portfolio risk and maximize profits while maintaining alignment to the Companys Risk Management Framework and the Wells Fargo Financial Crimes Risk Management Program.
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:
Previous experience in Anti Money Laundering specifically in Client Risk Management.
Experience in Financial Crimes Risk Management including supporting regulatory initiatives controls new product & business initiatives.
Proven ability to cultivate relationships and collaborate with multiple stakeholders and constituencies including business leaders legal audit and multiple U.S. and non-U.S. regulators.
Understanding of Wells Fargos products services customers entities and geographic locations and the potential money laundering and terrorist financing risks associated with those activities.
Deep understanding of the ever-evolving governance and regulatory environments as well as industry and risk-related best practices.
Organizational courage and willingness to make tough informed decisions and thoughtfully share independent perspectives.
Strong analytical critical thinking and problem-solving skills coupled with an ability to translate ambiguous ideas/issues into well-defined plans/solutions with a track record for delivering results.
Effective communicator both orally and written with the ability to ask well-crafted questions and present ideas in a clear and compelling manner good listener who engenders creative thinking and teamwork.
Ability to develop and articulate sound proposals to key stakeholders and an ability to influence and drive timely decision making.
Experience supporting large-scale organizational change.
Job Expectations:
Willingness to work on-site at stated location on the job opening.
This position offers a hybrid work schedule
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.
$111100.00 - $197500.00Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits many of which are listed below. VisitBenefits - 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:
10 Jul 2025*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. 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.
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 units risk appetite and all risk and compliance program requirements.
Applicants with Disabilities
To request a medical accommodation during the application or interview process visitDisability 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:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Required Experience:
Unclear Seniority
Employment Type
Full-Time
