Business Risk & Control Associate Manager / Wholesale Financial Crimes Quality Review Team
Charlotte, NC, USA
Job Description 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 Business Risk and Control team is responsible for the following:
Partnering with the relevant business group to identify, assess, manage and mitigate current and emerging risk exposures associated with their activities and operations. Monitors, measures, evaluates, and reports on the impact of decisions and controls to the relevant business group and enterprise function.
In partnership with business groups, manages and monitors business-specific programs and processes and controls to identify, assess, and mitigate risk.
Manages staff on the strategy and execution of activities associated with the risk and control for a business group or functional area with low to moderate risk.
Supports the business in the design of business-specific risk controls/processes and development of remediation plans to address any control weaknesses or gaps.
Supports the development of self-assurance activities.
Consults with Front Line management to ensure businesses adhere to Self-Assurance Activities Policy requirements.
Leads implementation of multiple complex initiatives with low to moderate risk.
Ensures coordination with team, line of business, other business units, Audit, and regulators regarding risk management of business-specific risk programs.
Manages a team of Sr Associates, Associates and/or Analysts in accomplishing goals.
The candidate will be responsible for a team of 8-12 team members performing quality reviews on files that are being On boarded or up for Periodic Review. Working with CDD policy, beneficial ownership, Onboarding, Periodic Review and Quality. Performing 1:1's with team members, managing production and quality of the team members, and working with the business groups peers we support will be required. Working with peer managers to ensure consistency within the teams will be a strong skill needed for the position As a Team Member Manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:
Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.
Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.
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.
5+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 5+ years of financial services industry experience, of which 3+ years must include direct experience in risk management
2+ years of leadership experience
Quality control review experience
2+ years of quality assurance experience
Anti Money Laundering (AML) and Bank Secrecy Act (BSA) experience
Knowledge and understanding of Know Your Customer (KYC) regulations
Strong analytical skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Strong time management skills and ability to meet deadlines
Strong organizational, multi-tasking, and prioritizing skills
Experience successfully collaborating with others in a change driven environment
Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
Ability to travel up to 15% of the time
Street Address NC-Charlotte: 1525 W Wt Harris Blvd - Charlotte, NC NC-Charlotte: 8505 Ibm Drive - Charlotte, NC
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.
Wells Fargo is committed to hiring and retaining military veterans, veterans with disabilities, National Guard members, and Reservists. Our goal is to employ 20,000 veterans by 2020. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance.
At Wells Fargo, you’ll find a culture that is team-oriented, collaborative, structured, and challenging. Our Veteran’s Team Member Network is made up of thousands who share an interest in veterans’ matters, and promotes greater awareness and job development within the veteran community.