Senior Lead Financial Crimes Officer - Payments Advisory and Oversight

at  Wells Fargo

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

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:

• 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, educatio

Desired Qualifications:

• 5+ years’ experience with payments, in a correspondent banking or corporate/commercial banking settings.
• Proven knowledge of SWIFT usage standards, payment network rules, and both domestic and international payment settlement systems.
• In depth knowledge of core payment systems and rails, including wires, ACH, instant payments-including real time payments and FedNow-as well as Zelle or other P2P payment systems.
• Experience with implementing compliance or payment network requirements within a commercial or investment line of businesses.
• In-Depth experience identifying, mitigating and consulting on payments products from an end-to-end risk perspective.
• Experience successfully influencing, leading, and negotiating with executives, senior business leaders and partners to gain commitment to accomplish business goals.
• Strong understanding of policies, procedures, and programs to ensure appropriate and effective risk mitigation controls are in place.
• 5+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit and legal).
• Experience creating presentation decks for different audiences that can outline/highlight the topic in a clear and concise manner.
• Analytical skills with the ability to grasp complex business issues quickly and be able to successfully explain to an independent third party.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to work independently, prioritize, meet deadlines and work under pressure in a dynamic and complex environment

Wells Fargo is seeking a Senior Lead Financial Crimes Officer to join the Financial Crimes Risk Management Corporate and Investment Banking Advisory Group. Learn more about the career areas and business divisions at wellsfargojobs.com . This role will be within a new horizontal Payments Advisory and Oversight team, responsible for covering financial crime risk of Wells Fargo’s core payment businesses and enterprise functions. The group is responsible for advising on financial crimes implementation and regulatory guidance in the payment’s product ecosystem. This position provides guidance on the development, implementation, and monitoring of payment standards and program initiatives across the enterprise, most notably the ISO20022 message conversion. This role is an internal consultant and partner and may lead efforts and mentor but does not manage other team members

In this role, you will:

• Consult with Payments Product, Operational and technical partners across multiple business units.
• Advise on the applicability of policies, assess the adequacy and effectiveness of procedures, and provide challenge, when needed.
• Provide expertise on use of SWIFT and well as use of external financial institution/nostro providers.
• Work cross-functionally with partners to identify issues, propose solutions, and drive resolution. Assists in developing corrective actions to mitigate risks and monitors to completion.
• Contribute to the development of go forward payment controls around payment messages.
• Identify and challenge any risk exposures identified.
• Assist with creating and communicating the financial crimes risk in the ISO and greater Payment’s space.
• Assess and respond to Business escalations and consultation requests.
• Identify and escalate financial crimes risk matters to management, as appropriate.

Required Qualifications:

• 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

Desired Qualifications:

• 5+ years’ experience with payments, in a correspondent banking or corporate/commercial banking settings.
• Proven knowledge of SWIFT usage standards, payment network rules, and both domestic and international payment settlement systems.
• In depth knowledge of core payment systems and rails, including wires, ACH, instant payments-including real time payments and FedNow-as well as Zelle or other P2P payment systems.
• Experience with implementing compliance or payment network requirements within a commercial or investment line of businesses.
• In-Depth experience identifying, mitigating and consulting on payments products from an end-to-end risk perspective.
• Experience successfully influencing, leading, and negotiating with executives, senior business leaders and partners to gain commitment to accomplish business goals.
• Strong understanding of policies, procedures, and programs to ensure appropriate and effective risk mitigation controls are in place.
• 5+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit and legal).
• Experience creating presentation decks for different audiences that can outline/highlight the topic in a clear and concise manner.
• Analytical skills with the ability to grasp complex business issues quickly and be able to successfully explain to an independent third party.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to work independently, prioritize, meet deadlines and work under pressure in a dynamic and complex environment.

Job Expectations:

• This position offers a hybrid work schedule
• Willingness to work onsite at stated location on the job posting
• This position is not eligible for VISA sponsorship
• This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Job posting may come down early due to volume of applicants
Posting Locations:
401 S Tryon Street, Charlotte, NC
250 E John Carpenter Frwy, Irving, TX
600 S 4th Street, Minneapolis, MN
800 S Jordan Creek Pkwy, West Des Moines, IA
114 N Beaumont Street, Saint Louis, MO
1150 W Washington Street, Tempe, AZ