Compliance Manager 3

Job Description

Risk management role in Corporate Banking Compliance Services team providing subject matter expertise across a variety of regulatory and risk management disciplines with heavy focus on BSA/AML. Manage and lead the Corporate Banking Compliance Services team and support the industry verticals. Serve as the subject matter expert for CDD, EDD and HRA/SARF files. Serve as primary coordinator for regulatory compliance team to ensure conformance to banking regulations and credit requirements. Manages team in order to facilitate the completion and approval of requests for client due diligence, credit investigations, screening and approvals of accounts. The Compliance Services team executes the completion of KYC customer requests for high risk customers and provides quality control review for low and moderate risk customers. Team mandate is to: 1) serve as an advisor to the verticals 2) facilitate completion and workflow manager for new & existing high risk customers 2) assess HRAs to determine SARF designation and work with EDD team to complete file 3) facilitate annual review/refreshes of file requirements 4) advise on negative news escalations and provide guidance on disposition and 5) execute quality control reviews of files. Lead advisor to the business in understanding material risk presented on due diligence reports for accounts. Technical expert for Cornerstone and serve as facilitator between technology support teams and industry verticals. Represent CBG in Cornerstone forums and wholesale working groups. Responsible for updating procedures, workflows, metrics and participation in system enhancements as applicable.

***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 (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.

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

  • Anti Money Laundering (AML) and Bank Secrecy Act (BSA) experience
  • Ability to execute in a fast paced, high demand, environment while balancing multiple priorities
  • Knowledge and understanding of banking products and services
  • Strong attention to detail and accuracy skills
  • Ability to articulate complex concepts in a clear manner
  • Advanced Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy

Other Desired Qualifications
  • KYC/CDD/ EDD manager experience including enhanced due diligence, PEP assessments, high risk attributes and adverse news assessment and disposition.

    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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