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Financial Crime Operations Lead Control Management Officer

Wells Fargo
London, United Kingdom
Posted 11 days ago Permanent Competitive
See job description for details
About this role:

Wells Fargo is seeking a Lead Control Management Officer to join the Operations Control Management - Financial Crimes Operations Control team supporting Wells Fargo's Financial Crimes Operations ('FCO') Utility's Europe, Middle East, and Africa (EMEA) group.

The Control group partners with FCO in support of FCO's strategic priorities by proactively identifying associated risks and ensuring existing and future FCO-owned controls are designed and operating to mitigate risks. The Control team focuses on five areas: Risk Identification & Assessment, Control Design & Evaluation, Issues & Control Deficiencies, Control Governance & Reporting, and Control Programs.

The Lead Control Manager for Financial Crimes Operations Controls in EMEA will assist the Control team in transforming and managing the risk environment for FCO. This includes control support (e.g., identification and evaluation of risks and controls, providing credible challenge), understanding and assisting with maintaining an appropriate control environment, risk and control self-assessments, ensuring compliance with company policies, and assisting with the design and execution of process improvements, including leveraging technology, to automate processes and implementation of internal controls. The Control group and this Lead Manager will also provide administrative support to FCO, as needed, for Audits, Regulatory Exams, and Compliance Testing & Validation engagements.

In this role, you will:
  • Lead and influence partnerships with the business process owner by consulting and providing expertise, guidance, and strategic direction in the control design to effectively mitigate risks, including design of effective means of measurement.
  • Continuously engage with business partners on business initiatives, providing Controls guidance and identifying potential impacts on the risk and control environment
  • Contribute to the development and enhancement of the business control environment by leading the execution of the Risk and Control Self-Assessment (RCSA) program.
  • Lead complex initiatives designed to mitigate current and emerging risks with broad impact
  • Monitor, measure, evaluate, and report on the impact of decisions and controls to the relevant business group or functional area
  • Monitor moderately complex business specific programs, and provide risk management consulting to support the business in designing and implementing risk-mitigation strategies
  • Collaborate with relevant business group to identify current and emerging risks associated with business activities and operations, and provide guidance in developing and implementing risk-mitigating strategies
  • Assess and design appropriate metrics to inform and monitor the health of the operational risk environment.
  • Lead Control Management projects or virtual teams
Required Qualifications:
  • Experience with US, EU, and UK AML and sanctions regulations/requirements
  • Certified Anti-Money Laundering Specialist (ACAMS) certification
  • Knowledge, understanding of, and experience with documenting and evaluating controls
  • Ability to identify risk factors and determine if appropriate controls are in place to adequately mitigate the risk
  • Familiarity with issue remediation and issue management processes
  • Ability to proactively manage and mitigate issues
  • The ability to effectively manage and build relationships within the business and partners aligned to all levels of the Control Management organization
  • Demonstrated critical thinking around framing business problems and providing clear solutions
  • Excellent collaboration skills
  • Ability to produce executive level presentations, including effective storytelling and a clear 'so-what'
  • Ability to effectively partner with key stakeholders and build relationships, including managing relationships with internal audit and independent risk management
  • Self-starter with the ability to work with minimal supervision
  • Confidence and ability to challenge and source for additional information when needed to determine when/if escalation is needed
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, or status as a protected veteran.

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.

Job ID  R-206549
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