About this role: Wells Fargo is seeking a BSA/AML Testing & Exam Specialist to join the Consumer and Small Business Banking (CSBB) Bank Secrecy Act (BSA), Anti-Money Laundering (AML) Transformation team. Learn more about the career areas and business divisions at www.wellsfargo.com .
The Lead Business Accountability Specialist is responsible for financial crimes risk coverage across CSBB. Ideal candidates have a strong ability to identify, assess, manage, and mitigate current and emerging risk exposures associated with BSA/AML and related activities and operations.
The group is responsible for complex business specific BSA, AML, Office of Foreign Assets Control (OFAC), and Anti-Bribery & Corruption (ABC) programs. This position is within the CSBB BSA/AML Transformation team and supports the Audit and exam coordination activities related to CSBB Financial Crimes.
Work with key stakeholders across CSBB BSA/AML Transformation, including CSBB FC Program Execution, Governance, and Emerging Risk Initiatives and Strategies partners on high priority and complex requests related to the financial crimes program.
Demonstrate a high level of risk management expertise, discretion with sensitive material, and ownership of CSBB BSA/AML Transformation Audit and exam process.
Collaborate internally with frontline Financial Crimes, Independent Risk Management (IRM), Regulatory Relations and Audit partners. This position may lead project/virtual teams and may mentor but does not manage other team members.
In this role, you will:
- Act as primary contact for coordination of CSBB BSA/AML Transformation Audit, testing and exam activities working with CSBB FC consultants, Regulatory Relations, and FCRM partners.
- Conduct and coordinate testing engagements, related scheduled and ad hoc activities including maintaining ongoing calendar of reviews and reporting for stakeholder awareness.
- Escalate potential challenges for completing the CSBB BSA/AML Transformation functions related to timely responses and routines for highly visible engagements.
- Maintain and foster strong relationships with peers and leaders within the BSA/AML Transformation team, Control, and Independent Risk Management (IRM) partners, Legal and other business units to facilitate discussions and resolve concerns and requests. Maintain transparency, provide guidance and coordinate with across partner groups.
- Work independently, lead meetings, collect, maintain, and archive artifacts and evidence.
- Assist with aggregating information and communications for CSBB BSA/AML Transformation.
- Project manage deliverables across multiple activities, ensuring accountability and accuracy in execution.
Required Qualifications:
- 5+ years of risk management, business controls, quality assurance, business operations, compliance, or process experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Desired Qualifications:
- Experience coordinating regulatory affairs, policy analysis or related fields
- Ability to work collaboratively with diverse stakeholders and navigate complex regulatory environments
- Strong understanding of Audit, exam, and governance processes related to financial crimes requirements.
- Strong analytical, critical thinking and problem-solving skills, coupled with an ability to translate ambiguous ideas/issues into well-defined plans/solutions with a record of accomplishment for delivering results
- Excellent verbal, written, and interpersonal communication skills
- Ability to take initiative, work effectively and independently in a fast-paced changing environment.
- Advanced Microsoft Office skills
- Ability to develop partnerships and collaborate with other business and functional areas
Job Expectations:
- Ability to travel up to 10% of the time
- This position is not eligible for Visa sponsorship
- This position offers a hybrid work schedule
Locations:
- 1525 W WT Harris Blvd - Charlotte, North Carolina
- 401 S Tryon - Charlotte, North Carolina
- 550 S 4th Street - Minneapolis, Minnesota
- 1801 Park View Drive - Shoreview, Minnesota
- 11601 N Black Canyon Hwy - Phoenix, Arizona
- 2700 S Price Road - Chandler, Arizona
- 250 E John Carpenter Frwy - Irving, Texas
- 2200 Concord Pike Wilmington Delaware
- 150 E 42nd St New York, New York
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 - $237,100.00
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: 5 Sep 2024
- 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: 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.
