Senior Lead Financial Crimes Officer - CIB Advisory

Wells Fargo • Charlotte, NC

112d • $144,400 - $300,000 • Hybrid

About The Position

Wells Fargo is seeking a Senior Lead Financial Crimes Officer to join the Financial Crimes Risk Management - Corporate and Investment Bank (CIB) Financial Crimes Advisory team as part of Independent Risk Management. In this role, you will advise CIB Business and support teams on strategies to manage financial crime risk across Corporate and Investment Banking (CIB), including Correspondent Banking, FinTechs, Money Services Businesses, and Corporations; as well as collaborating with teams across 1st and 2nd lines of defense to help senior leadership identify and manage financial crime risk across the CIB platform.

Requirements

• 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.

Nice To Haves

• 7+ years of experience within global financial institutions, regulatory, law enforcement or intelligence community working on international financial crime and emerging risk programs.
• Strong understanding of Anti-Money Laundering regulatory principles covering correspondent banking, wholesale banking, markets, and MSB/Payment portfolios and federal and state money transmitter requirements covering MSBs and Payment Intermediaries preferred.
• Develop strategic and tactical financial crimes risk assessments using data and analytics to inform senior business and financial crime leadership of emerging risk within the CIB platform.
• Collect intelligence from multiple sources (open source, professional networks, etc.) and provide actionable recommendations to senior management.
• Knowledge of United States and International AML and Sanction Regulations as well as emerging financial crimes risk associated with cybercrime and cryptocurrencies.
• Ability to work with multiple teams and stakeholders to deliver on company objectives.
• Experienced communicator at all levels within an organization from senior executives to junior staff.
• Strong written communication who is able to provide guidance and supportive feedback to business and operational teams on company policies and procedures.
• Bilingual speaking, reading, and writing proficiency in: Spanish, Arabic, or Mandarin.

Responsibilities

• Perform Independent Risk Management (IRM) oversight, advisory, and credible challenge of CIB financial crimes-related issues, controls and initiatives, ensuring compliance with Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Sanctions regulatory and policy requirements.
• Evaluate long-term implications and consequences of strategic business decisions and recommend appropriate alternatives for risk management.
• Deliver solutions that are long-term, large-scale and require vision, creativity, innovation, advanced analytical thinking, and coordination of highly complex issue-related activities and guidance to key stakeholders and other members of CIB Financial Crimes Advisory.
• Advise CIB functional leaders on customer and product risk, and ensure alignment with Wells Fargo's policies and business line objectives.
• Identify potential risks when implementing change along with developing mitigation strategies and plans.
• Act as an escalation point for complex customer and product issues between 1st and 2nd LOB, issue management and initiatives.
• Determine appropriate strategies and actions of multiple business groups to meet moderate to high complex deliverables in managing financial crimes risk.
• Interpret procedures and processes, and provide leadership to strategize and execute a variety of financial crime programs, services, and initiatives that are significant in scope, complexity, and risk.
• Collaborate with and influence functional business partners, leaders, and executive management to provide support and drive strategic initiatives for the business.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 1,001-5,000 employees