About this role:
Wells Fargo is seeking an AML and BSA Transformation Director as part of our Consumer, Small and Business Banking organization. This role is crucial in ensuring compliance with regulations and protecting the financial integrity of the organization. Your responsibilities encompass developing and implementing strategies to enhance AML and BSA programs, mitigating financial crime risks and ensuring regulatory compliance. Learn more about the career areas and lines of business at wellsfargojobs.com .
In this role, you will:
- Oversee CSBB Emerging Risk program including development, review, and implementation of AML and BSA policies, procedures, and controls to ensure effectiveness in detecting, preventing, and reporting suspicious activities
- Conduct regular risk assessments to identify and evaluate potential money laundering and terrorist financing risks within the organization and implement measures to mitigate these risks
- Develop training programs and awareness campaigns to educate employees on AML and BSA requirements, including detection and reporting of suspicious activities
- Evaluate and implement advanced technologies and tools to enhance the effectiveness and efficiency of AML and BSA processes, such as automated transaction monitoring systems and risk assessment tools
- Lead a team of AML and BSA professionals, providing guidance, mentorship, and support to ensure the team's success in achieving organizational goals; interpret and develop range of policies and procedures for functions with moderate to high complexity and risk
- Collaborate with and influence all levels of professionals, including senior leadership, control management, risk, legal, and audit partners to successfully ensure appropriate management of business risk
- Partner with business units to integrate risk intelligence into day-to-day decision-making and operational processes
- Monitor and assess emerging financial crime trends, typologies, and threat vectors using internal and external data sources
- Translate complex data insights into actionable strategies for frontline teams, including fraud operations, onboarding, and transaction monitoring
- Collaborate with second line (compliance) and third line (audit) partners to ensure alignment while maintaining first-line ownership of risk
- Drive innovation in risk detection using machine learning, behavioral analytics, and real-time monitoring
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- 8+ years of risk management, business controls, or compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 4+ years of management or leadership experience
- Extensive experience in AML and BSA compliance within the financial services industry, with a strong understanding of regulatory requirements and industry trends
- Proven track record in developing and implementing AML and BSA programs, as well as managing regulatory examinations and audits
- Strong analytical, problem-solving, and decision-making skills, with the ability to think strategically and implement effective solutions
- Excellent communication and leadership skills, with the ability to collaborate with stakeholders at all levels of the organization
- Proven experience leading issue management, change management, intake and governance, internal and external audits, etc.
- Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators (including virtual) as well as across various levels within the organization
- CISA, CRISC and/or CAMS certification
- Ability to travel up to 5% of the time.
- This position offers a hybrid work schedule.
Posting Location(s):
- 150 E 42nd St. - New York, New York 10017
- 401 S Tryon St. - Charlotte, North Carolina 28202
- 2700 S Price Rd. - Chandler, Arizona 85286
- 11601 N Black Canyon Hwy. - Phoenix, Arizona 85029
- 550 S 4th St. - Minneapolis, Minnesota 55415
- 250 E John Carpenter Frwy. - Irving, Texas 75062
- 2200 Concord Pike - Wilmington, Delaware 19803
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.
$173,300.00 - $359,900.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs 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
24 May 2025
* Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. 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.
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
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.