The Wholesale BSA/AML Remediation Team (“BART”) is responsible for the coordination, oversight and ultimate execution of Wholesale Banking’s commitments to key internal and external stakeholders. This team will partner with line of business (“LOB”) business, operations, risk and compliance team members, Wholesale Group Risk Office (in particular Financial Crimes Risk & Compliance), Enterprise Financial Crimes Risk Management, and Wells Fargo Audit Services to advocate and ensure alignment in scope, purpose, expectations and execution. The team will achieve this through a focus on strong communication, strategic planning, thoughtful and meaningful tracking/reporting, and timely escalation and change management.
BART has an exciting opportunity for an experienced, forward-thinking Operational Risk Manager (ORM). The Operational Risk Manager will report to the BART BSA/AML Manager and will help provide BSA/AML expertise and oversight to the Wholesale remediation efforts. This ORM specifically will review all initiatives with a BSA/AML lens to ensure deliverables are compliant not only with BSA/AML regulations but also regulatory expectations, with a focus on sustainable and repeatable processes. Duties will include review of critical artifacts that support remediation action plan items, as well as consultation and collaboration with the WGRO Financial Crimes Risk and Compliance team (FCRC) on developing business as usual sustainable/repeatable processes.
The ORM must be able to translate leadership vision into executable strategies and drive implementation efforts to achieve transformational change delivering business benefit. Key success criteria will be the ability to manage diverse relationships and foster a collaborative team dynamic with Risk Management, LOBs, Audit, Legal, and other stakeholders. The role will involve interactions with regulators and external stakeholders. However, at its core, this role is focused on providing an experienced, BSA/AML expertise and credible challenge to all remediation efforts, with a particular goal of validation by both internal (e.g. Audit) and external (e.g. regulator) stakeholders.
San Francisco, CA, Phoenix, AZ, Minneapolis, MN and Charlotte, NC are the preferred locations, but open to all Wells Fargo hub locations.Required Qualifications
Other Desired Qualifications
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.