Global Trade Finance Risk & Issues Management Specialist

at  Wells Fargo

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

Required Qualifications:

• 4+ 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, educatio

Desired Qualifications:

• Global Commercial Trade Finance, Payments, or Commercial Credit experience
• Financial Crime & Trade Based Money Laundering experience (BSA/AML/TBML/CFT/CAMS)
• Strong understanding of Red Flag Reviews, Sanctions, Antiboycott, Embargo and other OFAC, BAFT/ICC Guidelines and rules
• Experience with CDD (Client Due Diligence), EDD (Enhanced Due Diligence), Fintech and Reg tech related to KYC (Know your customer), KYT (Know your transaction), anomaly detection, resolution, and remediation.
• Executive presence, communication, meeting materials development for stakeholders, risk committees, executives and officers from LOB, Front line, IRM and external agencies and regulators.
• Exceptional organization, data analysis, risk and fact decision making, and problem resolution.
• Advanced Microsoft tools such as Excel, PowerPoint, Data Analysis & Power BI skills
• Ability to develop partnerships and collaborate with other business and functional areas.
• Ability to execute in a fast paced, high demand, environment while balancing multiple priorities.
• Ability to take initiative and work independently with minimal supervision in a structured environment and guide and advise global operations team and leaders on risk and mitigation plans.
• Experience monitoring performance metrics, including Key Performance Indicators (KPI) and Key Risk Indicators (KRI), ORE’s, OKR’s etc.
• Experience identifying process, procedural, system, and/or control deficiencies • Control testing.
• and/or control design experience
• Experience recommending remediation or corrective action plans.
• Experience evaluating solutions to ensure gaps are remediated and sustainable and delivered timely

Wells Fargo’s Global Commercial Trade Operations (GTO) is currently seeking a Global Trade Finance Risk & Issues Management Specialist.
This role has a strong focus on process governance and requires experience with Risk and Controls assessment (RCSA), Controls design, effectiveness & testing, issue management, audit and exam management, risk models and data analysis, operational risk management, and guidance on procedures, process improvement, quality assurance & regulatory program management.
This role will also focus on developing consistent and effective framework, protocols, and responses for ongoing business change events, change in business risks, and newly identified critical matters impacting Global Trade operations related to policy, compliance, safety & soundness, and industry rules.
The Specialist will act as a key liaison between Global Operations (US, APAC & EMEA), line of business, processing and quality control teams, compliance, legal, line of businesses, process and technology engineers and support services teams ensuring consistent and timely deliverables for the execution of process governance activities mentioned above.

In this role, you will:

• Lead or participate in moderate to highly complex initiatives and deliverables within business and contribute to large-scale, cross functional planning related to mitigation of current and emerging business risk issues and concerns.
• Assess, analyze, and design complex controls, protocols, and approaches with respect to risk mitigation and the control environment, including ensuring effective planning for sustainability, ongoing control adherence, reporting, measurement, technology impacts, and monitoring.
• Independently make decisions and resolve moderate to high complex issues while leveraging solid understanding of the business’s functional area or products, operations, and regulatory environment related to Trade Finance, Payments, and Financial Crime policies; facilitate decision-making and issue resolution, and support implementation of developed solutions and plans; lead peers and key business partners to meet deliverables and drive new initiatives.
• Manage ongoing Testing by Front line- Self-assurance/Business testing), Second line (Internal testing & Validation) and third line (Internal Audit (IA), and External Audits (Regulatory or other Agency Exams) preparation and coordination which includes oversight of documentation request, drafting transparent risk-based responses for any observations or findings, and keeping management apprised on testing.
• Support timely and accurate resolution of issues including ensuring corrective actions are substantive and leverage technology, data analysis and reporting where applicable
• Ensure business processes and procedures align to Global Trade Operations documented suite of controls
• Ensure GTO controls align with internal control design and documentation methodology.
• Support Risk Control Self-Assessment (RCSA) activities by providing subject matter expertise in GTO processes, risk identification, and existing risk mitigating controls.
• Consult and provide guidance on the development, implementation, and monitoring of business performance improvement opportunities.
• Present to executive management on business performance and recommend strategies to implement changes and improvements.

Required Qualifications:

• 4+ 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:

• Global Commercial Trade Finance, Payments, or Commercial Credit experience
• Financial Crime & Trade Based Money Laundering experience (BSA/AML/TBML/CFT/CAMS)
• Strong understanding of Red Flag Reviews, Sanctions, Antiboycott, Embargo and other OFAC, BAFT/ICC Guidelines and rules
• Experience with CDD (Client Due Diligence), EDD (Enhanced Due Diligence), Fintech and Reg tech related to KYC (Know your customer), KYT (Know your transaction), anomaly detection, resolution, and remediation.
• Executive presence, communication, meeting materials development for stakeholders, risk committees, executives and officers from LOB, Front line, IRM and external agencies and regulators.
• Exceptional organization, data analysis, risk and fact decision making, and problem resolution.
• Advanced Microsoft tools such as Excel, PowerPoint, Data Analysis & Power BI skills
• Ability to develop partnerships and collaborate with other business and functional areas.
• Ability to execute in a fast paced, high demand, environment while balancing multiple priorities.
• Ability to take initiative and work independently with minimal supervision in a structured environment and guide and advise global operations team and leaders on risk and mitigation plans.
• Experience monitoring performance metrics, including Key Performance Indicators (KPI) and Key Risk Indicators (KRI), ORE’s, OKR’s etc.
• Experience identifying process, procedural, system, and/or control deficiencies • Control testing.
• and/or control design experience
• Experience recommending remediation or corrective action plans.
• Experience evaluating solutions to ensure gaps are remediated and sustainable and delivered timely.

Job Expectations:

• Ability to travel up to 10% of the time.