Financial Crime Risk Assessment Specialist - London, United Kingdom - Wells Fargo

Wells Fargo

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

About this role:

Wells Fargo is seeking a Financial Crime Risk Assessment Specialist.

The role will predominantly lead on the EMEA AML / Sanctions Enterprise Risk assessment, and also perform the role of the second reviewer of the Americas AML / Sanctions Enterprise Risk assessment.

In this role, you will:

Gather, aggregate and assure data relevant to the enterprise Risk Assessments
Review, opine and document on the UK RoE, Trust and BO registers
Participate in a variety of assigned and ongoing business risk management operations to ensure success in meeting goals and objectives
Identify opportunities for process improvement by conducting root cause testing of all compliance and business metrics
Review SLA's with Independent Risk Management execution teams for front line activities
Collaborate and consult with leaders and executive management
Provide work direction to less experienced Strategy and Execution staff
Financial Crimes Training (local training)
Identify employees requiring and areas of regional FC training
Test and Validation / Inter Audit assist in representing front line responsibilities
Understand Financial Crime Procedures (1FCP) and determine whether any regional procedural updates are required to be documented Determine areas of strength or Business Execution opportunity within defined scope of work
Undertake data gathering and analysis for AML risk assessment purposes
Utilise independent judgment to guide moderate risk deliverables
Present recommendations to develop, implement, and monitor strategic approaches, effectiveness of support function, and business performance improvement opportunities for managing risks in the business
Exercise independent judgment and provide guidance in diverse support functions and operations for a single business group within a line of business

Required Qualifications:

Experience in Business Operations, Leadership, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Ability to articulate complex concepts in a clear manner
Strong analytical skills with high attention to detail and accuracy
Familiarity in working on regional teams with global governance models
Excellent verbal, written, and interpersonal communication skill
Ability to exercise independent judgment to identify and resolve problems
Knowledge and understanding of risk management
Advanced Microsoft Office skills

Desired Qualifications:

Certified Anti-Money Laundering Specialist (ICA / CAMS) or equivalent qualification

Posting End Date:

13 Jun 2024

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

We Value Diversity

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.

Applicants with Disabilities

Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.