Financial Crimes Operations Lead Compliance Officer

at  Wells Fargo

Wells Fargo is seeking a Lead Compliance Officer to support the Operational Risk business aligned oversight of Wells Fargo’s COO Operations functions which includes Financial Crimes and Regulatory Operations processing.
This role provides the opportunity to apply subject matter expertise in industry and financial institution financial crimes & regulatory operations processing and risk management. This role will assist the Shared Services Operations oversight leader with Global Operations and Ongoing Customer Due Diligence and Sanction Screening and all matters pertaining to Compliance Risk coverage and oversight. In this capacity, this role reviews and challenges significant Front Line compliance risk identification and mitigation.

In this role, you will:

• Oversee and challenge Financial Crimes & Regulatory Operations functions across all compliance risk routines including plan, identify and assess, control, and mitigate, test and validate, monitor and report
• Perform independent risk assessment of the operations functions, inclusive of emerging risks
• Use financial crimes and regulatory subject matter expertise and industry knowledge to provide independent oversight and credible challenge to the Line of Business’ compliance risk management activities
• Active engagement in key risk governance routines inclusive of strategic planning sessions, governance committees and business reviews
• Engage with subject matter experts supporting various risk types and related business aligned oversight partners to execute oversight and challenge of Operations functions
• Develop and maintain relationships with Business Managers, Independent Risk teams, and Group Control Executive teams to drive change and improvement of risk management effectiveness.
• Build and sustain a strong risk culture including a balanced approach through working in cooperation and consultation with all lines of defense across the enterprise
• Leverage experience to bring industry leading standards, practices, and tools to the organization

Required Qualifications:

• 5+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Advanced knowledge of multiple financial crimes related business lines
• Experience developing strong working relationships with key senior business, audit, legal, compliance and risk leaders
• Demonstrated experience with enterprise risk management framework, including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance
• Prior experience in Independent Risk Management
• Experience in building or evaluating Risk Management Programs (e.g., ERIA, IORA, Issue Management, etc.)
• RCSA (Risk and Control Self-Assessment) knowledge and experience
• Experience with governance committee and/or new business/products
• Ability to articulate issues, risks, and proposed solutions to various levels of staff and management
• Ability to execute in a fast paced, high demand, environment while balancing multiple priorities
• Experience developing and delivering comprehensive report/presentations to senior management, stakeholders, and risk and management committees

Job Expectations:

• This role is not eligible for visa sponsorship. This includes all candidates requiring immediate sponsorship of H1-B, TN or E-3 visas as well as future sponsorship of STEM (F-1/OPT) visas.
• Must be willing to work on site in one of the following locations: Charlotte, NC or Minneapolis, MN. No other locations will be considered.

APPLICANTS WITH DISABILITIES

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

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

• Oversee and challenge Financial Crimes & Regulatory Operations functions across all compliance risk routines including plan, identify and assess, control, and mitigate, test and validate, monitor and report
• Perform independent risk assessment of the operations functions, inclusive of emerging risks
• Use financial crimes and regulatory subject matter expertise and industry knowledge to provide independent oversight and credible challenge to the Line of Business’ compliance risk management activities
• Active engagement in key risk governance routines inclusive of strategic planning sessions, governance committees and business reviews
• Engage with subject matter experts supporting various risk types and related business aligned oversight partners to execute oversight and challenge of Operations functions
• Develop and maintain relationships with Business Managers, Independent Risk teams, and Group Control Executive teams to drive change and improvement of risk management effectiveness.
• Build and sustain a strong risk culture including a balanced approach through working in cooperation and consultation with all lines of defense across the enterprise
• Leverage experience to bring industry leading standards, practices, and tools to the organizatio