Wells Fargo
Financial Crimes Associate Manager - Quality Assurance
About this role:
Wells Fargo is seeking a Financial Crime Associate Manager.
In this role, you will:
- Supervise entry to mid level roles in transactional or tactical less complex tasks and processes to ensure timely completion, quality and compliance
- Manage the implementation of procedures, controls, analytics and trend analysis to ensure identification, prevention execution, detection, investigation, recovery, government and internal reporting of financial crime activity
- Maintain awareness of financial crimes activity companywide and ensure all issues are proactively addressed, and escalated where necessary
- Ensure compliance with regulatory requirements such as Bank Secrecy Act, USA PATRIOT Act, and FACTA
- Identify opportunities for process improvement and risk control development in less complex functions
- Manage a risk based financial crimes program or functional area with low to moderate risk and complexity
- Lead implementation of multiple complex initiatives with low to moderate risk
- Make supervisory and tactical decisions and resolve issues related to team supervision, work allocation and daily operations under direction of functional area management
- Leverage interpretation of policies, procedures, and compliance requirements
- Collaborate and consult with peers, colleagues and managers
- Ensure coordination with team, line of business, other business units, Audit, and regulators on risk related topics
- Manage allocation of people and financial resources for Financial Crimes
- Mentor and guide talent development of direct reports and assist in hiring talent
Required Qualifications:
- 2+ years of Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, Corruption experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 1+ years of Leadership experience
Desired Qualifications:
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- Must possess strong leadership acumen
- Must be detail - oriented, flexible, and open minded and creative in problem solving approach.
- Able to articulate a complex problem, design, build and implement a solution and communicate in clear business terms the benefits of the proposed risk management approach.
- Must possess exceptional communication skills.
- Ability to learn, grasp, and understand intricate details of the Global Sanctions Screening & Reporting process, Credit Investigations, and the Enhanced Due Diligence -
Risk and regulatory compliance experience
BSA/AML experience
Experience with BSA/AML/OFAC laws and regulations
Experience working with laws, rules and regulations within regulatory guidelines or policies
Advanced Microsoft Office skills
Strong analytical skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Training delivery and facilitation experience
Ability to achieve high production and quality standards
Strong public speaking skills
Project management experience
Certified Anti Money Laundering Specialist (CAMS)
Job Expectations:
-
In this role, you will:
• Manage and develop a team of individual contributor roles performing quality assurance (QA) reviews• Engage stakeholders and internal partners
• Implement and maintain an effective financial crimes program for the company that complies with all applicable laws, regulations, and regulatory expectations including Bank Secrecy Act, Anti-Money Laundering, Counter Terrorist Financing, and Global Sanctions
• Manage procedures, controls, analytics and trend analysis to ensure proactive identification, prevention, execution, detection, investigation, recovery and reporting of financial crime activity
• Ensure 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 businesses with moderate risk and complexity
• Identify and recommend opportunities for process improvement and risk control development
Provide thoughtful independent credible challenge internally to supported lines of business, across other Corporate Risk programs, and across the enterprise
• Collaborate with peers, colleagues, and multiple level managers
• Manage communication and collaboration with business heads, Legal, Audit, and regulators on risk related topics
• Manage allocation of people and financial resources for Financial Crimes QA
• Mentor and guide talent development of direct reports and assist in hiring talent
Posting End Date:
6 Apr 2025
*Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees 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.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Top Skills
Wells Fargo Bangalore, Karnataka, IND Office
3 Vittal Mallya Road, Bangalore, Bangalore, India, 560001
Wells Fargo Bengaluru, Karnataka, IND Office
Outer Ring Road, , , Bengaluru, Karnataka , India, 560103
