Compliance Consultant 4

Job Description
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.
Corporate Risk helps all Wells Fargo businesses identify and manage risk.We focus on three key risk areas: credit risk, operational risk and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take appropriate action when business activities exceed the risk tolerance of the company.
A s one of the primary organizational units of Corporate Risk, the Financial Crimes Risk Management (FCRM) organization is the independent risk group for financial crimes risk disciplines which include BSA/AML, Sanctions, OFAC, and Fraud. FCRM owns the Global Financial Crimes Risk Management (FCRM) Program that documents how FCRM manages financial crimes risk in a comprehensive and effective manner to protect the Company and its reputation. The Chief Administrative Office (CAO) of the Financial Crimes Risk Management (FCRM) group supports the Corporate BSA Officer and other FCRM functions by acting as a central point of contact for the Financial Crimes Risk Management Program to Wells Fargo's lines of business (LOBs), risk functions, and external parties including regulatory agencies.

The Targeted Risk and Controls Evaluation (TRACE) Team within the FCRM CAO is responsible for executing targeted reviews in the areas of high and emerging financial crimes risk in accordance with the FCRM Review Activities Program (RAP). These review activities include targeted reviews that are conducted as needed to independently evaluate the adequacy and effectiveness of business processes or activities and mitigating controls.

We currently have an opportunity for an experienced contributor on our FCRM TRACE Team to perform the execution of targeted review activities in areas of high and emerging risk.

As an integral member of the FCRM TRACE Team, you will be responsible for executing targeted reviews (i.e. non-recurring reviews) across the enterprise, as required by the FCRM Review Activities Program. You will respond to existing and emerging risks within the lines of business to help identify and size potential issues, ensure proper reporting and escalation, and help define appropriate corrective actions. A successful candidate in this role will work with lines of business and other FCRM functions to identify, assess, and prioritize existing and emerging risks and determine where targeted reviews may be required. Additional responsibilities include providing consultation and compliance risk expertise to complex business units, assisting with high risk strategic projects and initiatives, and supporting the risk assessment and exam/audit management teams.

A successful candidate in this role will be a highly experienced thought champion with:

  • Superior critical thinking and analysis skills in areas of high subjectivity (e.g. non-prescriptive/non-recurring areas of review)
  • Keen business acumen
  • Experience independently executing projects with high visibility
  • Advanced written and verbal presentation skills; an expectation to produce high quality deliverables
  • Advanced research and discovery skills; ability to identify and proactively follow up on key points/new information and ensure a thorough understanding of key facts; flexibility to adjust approach as new information is identified.
  • Advanced ability to proactively obtain and understand key facts, analyze detailed information, decipher key themes, and formulate relevant conclusions for discussion and reporting to Wells Fargo senior management and leadership
  • Demonstrated ability to articulate, support and defend key conclusions in the face of conflicting views
  • Excellent report writing skills with superior attention to detail and accuracy; awareness of intended audience
  • Demonstrated ability to provide proactive and relevant credible challenge with value added feedback
  • Knowledge of financial crimes legal and regulatory requirements (e.g. BSA/AML, Fraud)
  • Strong technical knowledge of risk management frameworks, internal control objectives and testing methodologies; demonstrated experience independently executing audit/compliance reviews with high visibility
  • Seasoned contributor with experience working on high performing teams
  • Demonstrated direct experience working with senior level management
  • Understanding of IT systems development and operations
Please note: Based on the volume of applications received, this job posting may be removed prior to the indicated close date. If you do no apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells Fargo.

Required Qualifications
  • 6+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both


Desired Qualifications
  • Advanced Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
  • Ability to interact with all levels of an organization


Other Desired Qualifications
  • A BS/BA degree or higher in business or management
  • A Masters of Business Administration (MBA) or Juris Doctor (JD)
  • Management consulting experience at a top-tier consulting firm
  • 8+ years of audit, audit process, and audit plan management experience
  • Audit or internal controls testing experience
  • 8+ years of risk management experience
  • Solid critical thinking skills
  • Ability to deliver concise, time critical information to all levels of management, technology and business teams
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Financial crimes experience
  • Experience reviewing testing strategies and methodologies; evaluating the adequacy and effectiveness of policies, procedures, processes, initiatives, products and internal controls; and identifying issues resulting from internal and/or external compliance examinations
  • Experience working with internal and external auditors and examiners
  • Experience leading a large audit engagement or corporate-wide governance activities
  • Experience communicating testing results across an organization
  • Ability to articulate issues, risks, and proposed solutions to various levels of staff and management
  • Ability to create new reports based on management, audit, or regulatory requirements
  • Ability to identify gaps through risk based testing
  • Ability to learn and assimilate information from multiple people and sources
  • Ability to organize and present analysis in a holistic manner for management decisions
  • Ability to present complex material in a digestible, consumable manner to all levels of management
  • Knowledge and understanding of Anti Money Laundering (AML) and Bank Secrecy Act (BSA)
  • Strong analytical skills with high attention to detail and accuracy
  • Strong independent thinking skills
  • Strong organizational, multi-tasking, and prioritizing skills
  • Strong research and documentation skills
  • Strong risk management and compliance skills
  • Strong root cause analysis skills
  • Strong strategic and conceptual thinking skills
  • Superior project management skills
  • Strong time management skills and ability to meet deadlines
  • Knowledge and understanding of Shared Risk Platform (SHRP) such as reporting and issue management
  • An active Certified Regulatory Compliance Manager (CRCM) designation
  • Certified Anti Money Laundering Specialist (CAMS)
  • Certified Internal Auditor (CIA), Certified Information Systems Auditor, (CISA) Certification in Control Self-Assessment (CCSA), Certified Information Systems Security Professional, (CISSP) or other risk management discipline certification
  • Superior critical thinking and analysis skills in areas of high subjectivity (e.g. non-prescriptive/non-recurring areas of review)
  • Keen business acumen
  • Experience independently executing projects with high visibility
  • Advanced research and discovery skills; ability to identify and proactively follow up on key points/new information and ensure a thorough understanding of key facts; flexibility to adjust approach as new information is identified.
  • Advanced ability to proactively obtain and understand key facts, analyze detailed information, decipher key themes, and formulate relevant conclusions for discussion and reporting to Wells Fargo senior management and leadership
  • Demonstrated ability to articulate, support and defend key conclusions in the face of conflicting views
  • Excellent report writing skills with superior attention to detail and accuracy; awareness of intended audience
  • Demonstrated ability to provide proactive and relevant credible challenge with value added feedback
  • Knowledge of financial crimes legal and regulatory requirements (e.g. BSA/AML, Fraud)
  • Strong technical knowledge of risk management frameworks, internal control objectives and testing methodologies; demonstrated experience independently executing audit/compliance reviews with high visibility
  • Seasoned contributor with experience working on high performing teams
  • Understanding of IT systems development and operations


Job Expectations
  • Ability to travel up to 10% of the time


Street Address
MN-Minneapolis: 60 South 6th St - Minneapolis, MN
NC-Charlotte: 301 S Tryon St - Charlotte, NC
IA-Des Moines: 666 Walnut St - Des Moines, IA

Disclaimer

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.

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