Product Consultant AML & Transformation

at  Wells Fargo

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

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:

• 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 consulting on products with a lens of risk
• Strong experience utilizing Powerpoint
• Experience being able to convey complex ideas to varies audiences
• Experience in understanding and documenting unfamiliar processes in order to identify key risks, identify and evaluate controls and provide consulting to remediate control deficiencies preferably within financial services
• Demonstrated experience leading innovative solutions and improved processe

Wells Fargo is seeking a Product Consultant AML & Transformation in Consumer and Small Business Banking (CSBB) Financial Crimes team. Learn more about the career areas and business divisions at www.wellsfargo.com .
The group is responsible for financial crimes risk coverage across CSBB to identify, assess, manage and mitigate current and emerging risk exposures associated with their activities and operations. This position consults and provides guidance on the development, implementation, and monitoring of complex business-specific Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Office of Foreign Assets Control (OFAC), and Anti-Bribery & Corruption (ABC) programs. Works with Financial Crimes Risk Management (FCRM) partners in Independent Risk Management (IRM) on moderate to high risk and complex financial crimes programs. May interface with Audit, Legal, external agencies, and regulatory bodies regarding risk management of business-specific risk programs. Position may lead projects/initiatives and may mentor but does not manage other team members.

In this role, you will:

• Provide Financial Crimes expertise and guidance for CSBB related activities, specifically Small Business Banking Program Execution and Products/Payments processing requirements.
• Understand applicable AML and Sanctions regulations to develop controls to ensure compliance.
• Evaluate the applicability of policies for assigned business units, determines the adequacy and effectiveness of procedures and designs/develops new procedures for complex policies.
• Contribute to the development and enhancement of the business control environment for Financial Crimes.
• Consult with the business stakeholders on Financial Crimes related projects to identify and mitigate operational risks for end-to-end processes that span CSBB functions.
• Identify risk exposure based on emerging risks and changes in business processes.
• Assist with aggregating risk information and communicating the financial crimes risk profile for assigned business units.
• Work cross-functionally with Financial Crimes partners to identify issues, propose solutions, and drive strategic objectives. Assists in developing corrective actions to mitigate risks.
• Manage oversight of financial crimes related issues and corrective actions to ensure control deficiencies are effectively resolved.
• Support regulatory exams, internal audits, or Independent Risk Management reviews as required.
• Identify and escalates financial crimes risk matters to management, as appropriate.

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 consulting on products with a lens of risk
• Strong experience utilizing Powerpoint
• Experience being able to convey complex ideas to varies audiences
• Experience in understanding and documenting unfamiliar processes in order to identify key risks, identify and evaluate controls and provide consulting to remediate control deficiencies preferably within financial services
• Demonstrated experience leading innovative solutions and improved processes

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

Posting 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

Required locations listed above. Relocation assistance is not available for this position.
New York - New York Pay Range: $133,300 - $237,100 USD annual (this range may not be applicable to other locations)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