Wells Fargo

Job Category:

Risk/Compliance

Location:

Charlotte, North Carolina

Country:

US

Approximate Salary:

Not Specified

Position Type:

Full Time

Phone:

415) 820-7800

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Operational Risk Manager 3

Wells Fargo - Charlotte, North Carolina

Posted: 12/7/2018

Job Description

At Wells Fargo, we have one goal: to satisfy our customers’ financial needs and help them achieve their dreams. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wholesale Banking provides financial solutions to businesses across the United States and globally, with annual sales generally in excess of $5 million. Our 10 major business lines include Business Banking, Middle Market Banking, Government and Institutional Banking, Corporate Banking, Commercial Real Estate, Financial Institutions Group, Wells Fargo Commercial Capital, Wells Fargo Insurance, Wells Fargo Securities, and Principal Investments. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.

Responsible for ensuring execution and ongoing management of a mid-size risk-based financial crimes program across the enterprise or a risk-based financial crimes program across large to mid-size business(es) with considerable related risk. Manages the development and implementation of procedures, controls, analytics and trend analysis to ensure proactive identification, prevention execution, detection, investigation, recovery and government/internal reporting of financial crime activity. Manages the use of internal and external data, including publicly available information Ensures compliance with regulatory requirements such as Bank Secrecy Act, USA PATRIOT Act, etc. Maintains an awareness of financial crimes activity across the enterprise and may provide subject matter expertise to business projects and initiatives. Manages relationships and fosters a team orientation with business heads, legal, audit and multiple US and/or non-US regulators. Represents the business(es) in the external community, including with senior regulators/auditors and law enforcement.

Specific Job Duties:

  • Leads the team and manages the process for Relationship Memos for customers within CBG industry verticals that have been identified as high risk or EDD.
  • Assists in overseeing the periodic high-risk customer reviews ensuring that these are executed in accordance with deadlines and standards and that the work product adequately identifies and mitigates any risk identified.
  • Creates and manages a sustainable process for tracking and monitoring the LOB's high risk and EDD customer population.
  • Builds and manages business line client relationships by providing superior service, ensuring responsiveness, proactively communicating with all areas of responsibility, and being able to adapt well to change.
  • Liaises between various CBG teams, EDDC, WFCRC, WFAS and other partners as needed.
  • Implements an internal quality control or peer review program to ensure a high level of quality in output.
  • Leads virtual team and mentors lower level staff.

***This is a Telecommute Optional Position***

Team members support the Bank’s 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, 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.

Required Qualifications

  • 8+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 8+ years of IT systems security, business process management or financial services industry experience, of which 4+ years must include direct experience in compliance, operational risk management, or a combination of both
  • 3+ years of management experience
Desired Qualifications

  • Advanced Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
  • Ability to articulate complex concepts in a clear manner
  • Excellent verbal, written, and interpersonal communication skills
  • Experience using business knowledge and critical thinking skills to deliver upstream and downstream project impacts
Other Desired Qualifications
  • Knowledge of government and regulatory requirements regarding AML, CDD, EDD and Sanctions.
  • An in-depth understanding of financial crimes risks across products, services, customers, and geographies within Wholesale Banking.
Disclaimer

  • All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

    Relevant military experience is considered for veterans and transitioning service men and women.
    Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

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