Vacancy expired!
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. 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. Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.The CBG Financial Crimes Risk Control (CBG –FCRC) team is responsible for supporting CBG with risk strategy, implementation, and execution to meet regulatory, corporate, and group risk requirements concerning Financial Crimes Risk, which includes the risk (likelihood severity) that Wells Fargo customers (or their customers or counterparties) might use a Wells Fargo account or other product:
To facilitate material money laundering through the placement, layering or integration stages;
As part of terrorist financ scheme; or
To violate an economic sanctions program.
The Financial Crimes (“FC”) Escalations Team within the CBG –FCRC focuses on financial crimes risk decisions concerning specific customers or groups of customers in coordination with a wide group of stakeholders, both within CBG and other risk groups. This position will be rresponsible for assisting the Portfolio Financial Crimes Risk Approvals Manager in developing and implementing a data-driven AML risk analytics framework for customer risk decisions and approvals at the CBG portfolio level.Responsibilities will include:
Assist making risk decisions involving a large bank customer base through use of portfolio analysis on customer segment background and transactional patterns
Agile design and iterative implementation of a practical data analytic framework
Using structured and unstructured data elements obtained by other teams to drive portfolio level risk decisions across CBG customer business segments
Performs substantive risk analyses to detect patterns, trends, and anomalies to define AML risk baselines
Collaborate with geographic-oriented peers to help to evaluate and enhance CBG customer risk decisions
This position can sit in any WF hub location.Team members 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.Required Qualifications:
2+ years of experience in risk (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management demonstrated through work or military) or 1+ year in the foregoing or financial services industry and a BS/BA degree or higher in business or a related field
Desired Qualifications:
Excellent verbal, written, and interpersonal communication skills
Good data analytical and validation skills
Ability to travel up to 10% of the time
Job Expectations:
Ability to travel up to 10% of the time
How to Express Interest in This Job: Wells Fargo invites you to apply for this job at https://employment.wellsfargo.com/psc/PSEA/APPLICANTNW/HRMS/c/HRSHRAMFL.HRSCGSEARCHFL.GBL?Page=HRSAPPJBPSTFL&FOCUS=Applicant&SiteId=1&JobOpeningId=5535078&PostingSeq=1.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.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.
Vacancy expired!