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Wells Fargo · 2 hours ago

CBL BSA/AML Senior Lead Business Accountability Specialist

WEST DES MOINES, IA

Full-time

Hybrid

Senior Level, Lead/Staff

$159K/yr - $279K/yr

7+ years exp

Wells Fargo is seeking a Senior Lead Business Accountability Specialist in the Consumer Banking and Lending (CBL) BSA/AML team. This role is responsible for managing financial crimes risk coverage, providing guidance on the development and monitoring of compliance programs, and collaborating with various stakeholders to mitigate risks associated with financial crimes.

BankingFinancial ServicesFinTechInsurancePayments

No H1B

Responsibilities

Collaborate with technology and product teams to integrate compliance requirements into product design and ongoing operations, ensuring effective controls are embedded from launch through scale

Manage oversight of financial crimes related issues and corrective actions to ensure control deficiencies are effectively resolved

Work cross-functionally with Financial Crimes partners to identify issues, propose solutions, and drive strategic objectives. Assists in developing corrective actions to mitigate risks

Provide Financial Crimes expertise and guidance for CBL related activities and projects

Support regulatory exams, internal audits, or Independent Risk Management reviews

Contribute to the development and enhancement of the business control environment to mitigate Financial Crimes risk

Consult with the business stakeholders on Financial Crimes related projects to identify and mitigate operational risks for end-to-end processes that span CBL 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

Understand applicable regulations to develop controls to ensure compliance

Identify and escalate financial crimes risk matters to management, as appropriate

Qualification

Financial Crimes expertiseRisk management experienceRegulatory compliance knowledgeIssue Management experienceAnalytical skillsProcess risk assessmentRisk toolsFinancial Crimes certificationsCommunication skillsCollaboration skillsWork independentlyPresentation skillsLeadership skills

Required

7+ 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

Preferred

6+ years of financial crimes experience with deep knowledge of regulations and requirements

Issue Management experience, including root cause analysis and corrective action planning and monitoring ensuring on-time resolution of risk

Experience with implementing Financial Crimes requirements within Consumer & Small Business Banking lines of business

Experience Identifying, mitigating and consulting around risk and regulations

Experience successfully influencing, leading, and negotiating with executives, senior business leaders and partners to gain commitment to accomplish business goals

Experience in understanding and documenting unfamiliar processes to identify key risks, identify and evaluate controls and provide consulting to remediate control deficiencies preferably within financial services

Experience creating presentation decks for different audiences that can outline/highlight the topic in a clear and concise manner

Strong understanding of policies, procedures, and programs to ensure appropriate and effective risk mitigation controls are in place

Experience developing partnerships and collaborating with various levels of business partners including Senior leaders and executive management

Experience in control, compliance, fraud, risk management, audit, or a related job function/role

Process risk and control assessment experience

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 prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

Ability to work independently in a virtual team environment where other team members, team management, and business partners are not local

Knowledge of Wells Fargo Operational Risk tools

Applicable Financial Crimes and risk related industry certifications, such as Certified Anti-Money Laundering Specialist (CAMS), Certified Regulatory Compliance Manager (CRCM), Certified Fraud Examiner (CFE), etc