Financial Crimes Associate Manager - Wells Fargo
PHILADELPHIA, PA
About the Job
About this role:
Wells Fargo is seeking a False Positive Mitigation Team Manager in Financial Crimes Risk Management as part of Independent Risk Management. Learn more about career areas and business divisions at www.wellsfargojobs.com.
In this role, you will:
+ Manage and develop a team of individual contributor roles with moderate complexity and risk.
+ Oversee the productivity and deliverable for offshore teams.
+ 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.
+ Mentor and guide talent development of direct reports and assist in hiring talent.
+ Collaborate with technology team and vendor to optimize the existing process and escalate issues with the vendor tools.
+ Coordinate and execute project deliverables.
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:
+ Experience building rules for the suppression of false positive alerts in a screening process.
+ Prior experience with Fircosoft and/or Bridger sanctions screening filters.
+ 2+ years of sanctions alert review experience.
+ Understanding of SWIFT, FED, and CHIPS payment formatting.
+ Experience with large scale process improvement or business application change projects.
+ Prior financial services industry experience.
+ Ability to execute in a fast-paced, high demand, environment while balancing multiple priorities.
+ Strong analytical skills with high attention to detail and accuracy, and ability to gather, organize, and interpret data.
+ Excellent verbal, written, and interpersonal communication skills.
+ Advanced Microsoft Office (Word, Excel, and Outlook) skills.
+ Strong time management skills and ability to meet deadlines.
Job Expectations:
+ Ability to work at one of the approved locations in the job posting.
+ This position is not eligible for Visa sponsorship.
+ This position offers a hybrid work schedule.
+ 10% business travel.
Job Locations:
+ 100 N. 18th Street – Philadelphia, Pennsylvania
+ 401 S. Tryon Street – Charlotte, North Carolina
+ 600 S. 4th Street – Minneapolis, Minnesota
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$84,000.00 - $164,400.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.
+ Health benefits
+ 401(k) Plan
+ Paid time off
+ Disability benefits
+ Life insurance, critical illness insurance, and accident insurance
+ Parental leave
+ Critical caregiving leave
+ Discounts and savings
+ Commuter benefits
+ Tuition reimbursement
+ Scholarships for dependent children
+ Adoption reimbursement
Posting End Date:
15 Dec 2024
* _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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-422755
Wells Fargo is seeking a False Positive Mitigation Team Manager in Financial Crimes Risk Management as part of Independent Risk Management. Learn more about career areas and business divisions at www.wellsfargojobs.com.
In this role, you will:
+ Manage and develop a team of individual contributor roles with moderate complexity and risk.
+ Oversee the productivity and deliverable for offshore teams.
+ 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.
+ Mentor and guide talent development of direct reports and assist in hiring talent.
+ Collaborate with technology team and vendor to optimize the existing process and escalate issues with the vendor tools.
+ Coordinate and execute project deliverables.
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:
+ Experience building rules for the suppression of false positive alerts in a screening process.
+ Prior experience with Fircosoft and/or Bridger sanctions screening filters.
+ 2+ years of sanctions alert review experience.
+ Understanding of SWIFT, FED, and CHIPS payment formatting.
+ Experience with large scale process improvement or business application change projects.
+ Prior financial services industry experience.
+ Ability to execute in a fast-paced, high demand, environment while balancing multiple priorities.
+ Strong analytical skills with high attention to detail and accuracy, and ability to gather, organize, and interpret data.
+ Excellent verbal, written, and interpersonal communication skills.
+ Advanced Microsoft Office (Word, Excel, and Outlook) skills.
+ Strong time management skills and ability to meet deadlines.
Job Expectations:
+ Ability to work at one of the approved locations in the job posting.
+ This position is not eligible for Visa sponsorship.
+ This position offers a hybrid work schedule.
+ 10% business travel.
Job Locations:
+ 100 N. 18th Street – Philadelphia, Pennsylvania
+ 401 S. Tryon Street – Charlotte, North Carolina
+ 600 S. 4th Street – Minneapolis, Minnesota
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$84,000.00 - $164,400.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.
+ Health benefits
+ 401(k) Plan
+ Paid time off
+ Disability benefits
+ Life insurance, critical illness insurance, and accident insurance
+ Parental leave
+ Critical caregiving leave
+ Discounts and savings
+ Commuter benefits
+ Tuition reimbursement
+ Scholarships for dependent children
+ Adoption reimbursement
Posting End Date:
15 Dec 2024
* _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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-422755
Source : Wells Fargo