Senior Lead Business Accountability Specialist – CBL Sanctions Risks and Initiatives

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About the position

About this role: Wells Fargo is seeking a Senior Lead Business Accountability Specialist for the Bank Secrecy Act (BSA) / Anti-Money Laundering (AML) group within Consumer Banking & Lending (CBL) team. The team is responsible for complex business-specific Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Office of Foreign Assets Control (OFAC), and Anti-Bribery & Corruption (ABC) programs. This position is within the CBL BSA/AML team to support sanctions specific program initiatives. This role will be responsible for overseeing CBL BSA/AML sanctions monitoring and ongoing coordination with other cross lines of business teams to evaluate new programs and product development to evaluate opportunities and risks. This leader will partner with stakeholders across the CSBB BSA/AML Transformation team as well as product, business, operations, technology, and risk teams to deliver CBL BSA/AML sanctions related strategic initiatives which may include engagement on products and capabilities, platform modernization, process improvements and issue and regulatory priorities. This leader must work well in a rapid-paced environment and be passionate about leading transformational change. Superior collaboration and relationship building skills with the ability to communicate effectively to all levels of the organization is a requirement. Learn more about the career areas and lines of business at wellsfargojobs.com . In this role, you will: Act as an advisor to senior leadership to develop or influence plans, specifications, resource needs, and goals for multi-faceted, highly complex, or long-term risk mitigation and control strategies on behalf of the business Lead the strategy and resolution of highly complex current and emerging risks which require understanding of business-specific knowledge related to financial crimes, operational risk, audit, legal, credit risk, market risk, IT, systems security, business process management, and applicable business acumen Provide vision, direction, and expertise to senior leadership on implementing innovative and significant business solutions that are large-scale, multi-faceted, long-term, or companywide strategies Strategically engage with all levels of professionals and managers companywide and serve as an expert advisor to leadership Partner with Product, Business, Operations, Technology, and Risk teams to Operational process improvements, Technology enhancements, business expansion opportunities, regulatory obligations, and Issues to create a unified plan for execution and delivery. Articulate BSA/AML vision, define scope, prioritize backlog, establish goals, and provide direction for teams to design, develop, and deliver technology and processes for updating, upgrading technologies and vendor relationships. Partner with subject matter experts across CSBB to develop User Acceptance Testing (UAT) strategy/planning to ensure high quality delivery. Own successful program delivery, including development and execution of key project milestones to achieve key dates. Hold stakeholder groups accountable for deliverables and taking appropriate escalation steps when needed. Drive working group discussions, set action items and key business decisions to execute on project deliverables and timelines. Works independently, leads meetings and mentors but does not manage other employees. Direct matrixed resources with the ability to influence support partners across multiple areas Collaborate with and influence management regarding trends and issues and recommend appropriate strategies or actions on a daily basis.

Responsibilities

  • Act as an advisor to senior leadership to develop or influence plans, specifications, resource needs, and goals for multi-faceted, highly complex, or long-term risk mitigation and control strategies on behalf of the business
  • Lead the strategy and resolution of highly complex current and emerging risks which require understanding of business-specific knowledge related to financial crimes, operational risk, audit, legal, credit risk, market risk, IT, systems security, business process management, and applicable business acumen
  • Provide vision, direction, and expertise to senior leadership on implementing innovative and significant business solutions that are large-scale, multi-faceted, long-term, or companywide strategies
  • Strategically engage with all levels of professionals and managers companywide and serve as an expert advisor to leadership
  • Partner with Product, Business, Operations, Technology, and Risk teams to Operational process improvements, Technology enhancements, business expansion opportunities, regulatory obligations, and Issues to create a unified plan for execution and delivery.
  • Articulate BSA/AML vision, define scope, prioritize backlog, establish goals, and provide direction for teams to design, develop, and deliver technology and processes for updating, upgrading technologies and vendor relationships.
  • Partner with subject matter experts across CSBB to develop User Acceptance Testing (UAT) strategy/planning to ensure high quality delivery.
  • Own successful program delivery, including development and execution of key project milestones to achieve key dates.
  • Hold stakeholder groups accountable for deliverables and taking appropriate escalation steps when needed.
  • Drive working group discussions, set action items and key business decisions to execute on project deliverables and timelines.
  • Works independently, leads meetings and mentors but does not manage other employees.
  • Direct matrixed resources with the ability to influence support partners across multiple areas
  • Collaborate with and influence management regarding trends and issues and recommend appropriate strategies or actions on a daily basis.

Requirements

  • 7+ years of risk management, business controls, quality assurance, business operations, compliance, or process experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 1+ years of direct BSA/AML experience including but not limited to Sanctions, Emerging Risks, Onboarding, Due Diligence, and Policy Management

Nice-to-haves

  • Broad experience with Banking applications, products, technology architecture and systems integration experience in consumer banking and lending, commercial banking and wealth and investment management
  • Experience leading large scale initiatives with multiple workstreams within Financial Services
  • Experience identifying gaps and areas of improvement to consultant around risk environment or emerging trends
  • Knowledge and understanding of various types and levels of testing (e.g unit, integration, and system testing)
  • Familiarity with enterprise architecture, data strategy, and platform thinking
  • Demonstrated experience to develop relationships and work with multiple departments
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Excellent verbal, written, and interpersonal communication skills with ability to adapt message to senior leadership
  • Knowledge and understanding regarding Financial Crimes
  • Strong understanding of project management principles and standards
  • Advanced Microsoft Office skills
  • Ability to travel up to 10% of the time.

Benefits

  • 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
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