Lead Business Accountability Specialist

About this role:

Wells Fargo is seeking a Lead Business Accountability Specialist in Financial Crimes Operations as part of Enterprise Functions. Learn more about the career areas and lines of business at wellsfargojobs.com.

In this role, you will:

• Serve as financial crimes/anti-money laundering expert for the team. This includes supervising multiple workflows and leading exploratory projects.

• Lead a team of analysts that conduct deep transactional due diligence on Correspondent Banks, Money Service Businesses, and Third Party Payment Processors ("Payment Intermediaries") to identify, assess, monitor, measure, and assess risk.

• Assist in the development of strategies to identify risk among large sets (sometimes millions) of transactions.

• Mentor and lead new and existing employees through the research and transactional data analysis.

• Perform TRIG delegate secondary reviewer and approver duties. This includes reviewing the strategy, final report, and escalations, prior to the publication of each review.

• Collaborate, consult, and/or escalate material observations and escalations to management and maintain connectivity with peer LBAS across TRIG to ensure connectivity and identification of emerging financial crimes risks, trends, or typologies.

• Lead discussions with data partners, senior managers, and cross-functional business partners to ensure strategies developed include appropriate risk attributes.

• Act as a point of contact to the business, FCO and FCRM, when escalations require further discussions. This includes leading exploratory transactional reviews to scope target populations, managing and coordinating partner feedback and reviewing risk presentations that require visibility from senior management and governance.

• Review new or existing controls, procedures, or process modifications that impact the execution of the reviews.

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:

• Expert understanding of financial crimes risks.

• Knowledge of transactional products (wires, ACH, check, cash vault, etc.).

• Strong understanding of Wells Fargo AML policy/procedures, higher risk customers, and complex business models.

• Experience with higher risk customers such as financial institutions, money service businesses, third party payment processors, and fintechs.

• Excellent verbal, written, and interpersonal communication skills.

• Strong ability to develop partnerships and collaborate across business units.

• Experience managing workflows with ability to provide live direction, coaching and training on process/procedures.

• Advanced MS Excel with the ability to manage extremely large and complex sets of transactional data.

• Intermediate PowerPoint experience with the ability to present to senior management.

• Bachelor’s degree in business, Finance, Accounting, Economics, National Security & Intelligence Studies or other relevant fields.

• Industry certifications (e.g. CAMS certified and/or Wells Fargo AML/Sanctions Credential Program, etc.)

Job Expectations:

• This position offers a hybrid work schedule.

Posting End Date: 

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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.