Financial Crimes Risk & Controls Framework Specialist

About this role:

Are you ready to join a dynamic and evolving global bank? Wells Fargo are seeking a Risk and Controls Framework Financial Crimes Specialist to assist with the coordination and oversight of our regional Financial Crime Risk and Control environment. Providing support to both the Manager and Senior Specialist, activities will include the analysis and preparation of management information, the development of key reports and presentations, providing guidance to stakeholders on their control suite, and keeping abreast of change within a continually developing control environment. You’ll collaborate with international and enterprise teams, and act as a key point of contact in region for Financial Crime control related topics. In this role you’ll be providing day to day support on all areas of the Risk and Control framework activities assisting with the creation of materials, the assessment of control effectiveness, identifying opportunities to improve the risk and control environment and creating reporting and other materials for assessing the financial crime control impact within the EMEA region.

By joining the EMEA Financial Crime Risk Management Departments Risk and Control Framework team you will gain exposure to working across our AML, Sanctions, and ABC/ATE (Anti-bribery and Anti-Tax Evasion) risk areas, providing support and guidance to each risk stripe and stakeholder where needed. With a manager and a senior specialist with whom you’ll work closely with on a day-to-day basis, you'll play a crucial role in supporting the coordination, development, tracking, and execution of our Financial Crime risk and control framework responsibilities becoming a subject matter expert in the varied and challenging role. Embark on a rewarding journey with Wells Fargo, where your experience and expertise will help shape the future of global finance.

In this role, you will:

• Support the Risk and Controls Framework Manager to track and maintain oversight of Financial Crime Risks and Controls impacting the EMEA region.

• Working closely with the EMEA Financial Crime Risk teams i.e. Anti-Money Laundering, Sanctions, Anti-Bribery and Corruption, Anti-Tax Evasion and Business Advisory to provide support and guidance on all risk and control related activities.

• Collaboratively support the Risk and Controls Framework Manager in the coordination and uplift of FCRM controls resulting from internal testing team outcomes.

• Work in close collaboration with Audit, Testing and Operational Risk functions to ensure regional FCRM control related items are identified and resolved in a timely manner.

• Support the development, coordination and reporting of regional controls, tracking issues and corrective actions impacting control ratings.

• Provide input to a range of monthly meetings where appropriate and utilise excellent communication and presentation skills to provide key updates to the wider team.

• Support in the review of various risk assessments and internal remediation projects impacting Financial Crime.

• Support both the Manager and Senior Specialist in identifying recommendations for resolving more complex situations, helping to identify efficiencies and exercise independent judgement when needed while developing a deep knowledge of the function, policies, procedures and requirements. 

• Conduct reviews and remediation on control failures in financial crime processes and procedures.

• Support the Financial crime teams with the maintenance and update of control documentation and procedures to ensure in line with policy.  

• Support the EMEA FCRM’s review of the various lines of business risk and control environment.

• Work in close collaboration with country Money Laundering Risk Officers, Control Owners, regional Subject Matter Experts in both International and Global colleagues.

• Partner closely with teams across the EMEA region and internationally to minimize financial crime portfolio risk through innovative methods with the goal of managing financial crime risk effectively.

• Collaborate and consult with peers, colleagues, and mid-level managers to resolve issues and achieve goals.

Required Qualifications :

• Experience in Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, Corruption, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Previous experience in a risk based control environment including the review of complex financial crimes control requirements, policies, procedures, risk assessment and gap analysis documents.

• Ability to make decisions on informed judgements, working independently where needed.

• Collaborate, exchange information and influence all levels of professionals, including senior leadership.

• Highly developed communication and interpersonal skills – both written and verbal, demonstrating the ability to liaise professionally and with diplomacy across all levels of staff.

• Ability to complete work within established deadlines working independently and as part of a wider team.

• Exceptional analytical, organizational and documentation skills eg. Microsoft Excel, Word and Powerpoint

Posting End Date: 

7 Apr 2025

*Job posting may come down early due to volume of applicants.

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.