Business Initiatives Manager

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.

The Wholesale Financial Crimes Risk Control (WFCRC) team is responsible for the coordination, assessment, and execution of Wholesale Banking’s Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Program. Specifically, WFCRC ensures that Wholesale Banking complies with Wells Fargo’s Enterprise BSA/AML Program and applies the Enterprise Program to Wholesale Banking to effectively manage BSA/AML risk. WFCRC provides the central governance for all Wholesale Banking lines of business (LOB) to drive consistency in approach, interpretation and execution, while coordinating and partnering with each LOB financial crimes team to ensure accountability and ownership remain within each LOB.

This team will report to the Wholesale Group Control Executive in the first line of defense, which is accountable for assessing and effectively managing all risks, including BSA/AML, within Wholesale Banking. WFCRC will  partner with LOB, operations, risk, and compliance team members, Wholesale Group Risk Office (in particular Financial Crimes Risk & Compliance), Enterprise Financial Crimes Risk Management, Wells Fargo Audit Services, and Testing & Validation to advocate and ensure alignment in scope, purpose, expectations, and execution of the Wholesale Financial Crimes Program. The team will achieve this through a focus on strong communication, strategic planning, thoughtful and meaningful tracking/reporting, and timely escalation and change management.  

The Business Initiative Manager (BIM) role is responsible for supporting cross functional/virtual teams to strategize, plan, and execute a variety of programs, services, and initiatives that are significant in scope, complexity, and risk.

  • Supports relationships and integration/implementation of programs/initiatives with cross functional business partners, recognizing the significance of competing priorities and strategies, and adjusting as necessary.
  • Works to influence outcomes, address conflict, and ensure alignment with Wells Fargo strategy/policies and business line objectives.
  • Ensures plans/programs adhere to appropriate policies and regulations, and assists with writing the documentation. This BIM is part of a team which interacts with the line of business (LOB) and Corporate Offices (Wells Fargo Audit Services and Financial Crimes Risk Management).

This BIM will partner with WFCRC financial crimes subject matter experts to help write, manage, and maintain WFCRC’s inventory of financial crimes program documentation including  program policy, reference materials, communications, and other program requirements documentation that are critical for the Wholesale lines of business to meet BSA/AML and other financial crimes-related requirements and controls.  Partnering with the WFCRC subject matter experts, the BIM will be responsible for the risk documentation in the following WFCRC areas:

  • Program Framework, Reporting/Administration, Audit and Exam Management
  • Customer Due Diligence
  • AML and Sanctions
  • Anti-Bribery and Corruption
  • Fraud and Identity Theft
  • Data
  • Quality Control
  • Control Strategy and Implementation
  • Financial Crimes Operations
  • Governance
  • Regional locations

The BIM, in coordination with a team, will ensure documentation consistency in hierarchy and content (applying in-depth understanding of financial crimes-related requirements in Wells Fargo, Wholesale, and in the industry) and format (consistent with Wells Fargo brand standards). The BIM will collaborate in building a document library in an online repository (SharePoint) that is accessible to Wholesale LOBs, WFCRC, Financial Crimes Risk Management, Wells Fargo Audit Services, and other key WFCRC stakeholders. The team will partner with WFCRC Communications & Training team to convey the documents in an effort to educate, equip, and empower WFCRC stakeholders to effectively manage financial crimes risks.

Preferred locations are Oakland, CA; San Francisco, CA; Sacramento, CA; however other locations within the Wells Fargo footprint will be considered.



Required Qualifications

  • 8+ years of experience in one or a combination of the following: project management, implementation, or strategic planning
  • 3+ years of leadership experience



Desired Qualifications

  • Experience communicating and presenting complex information to multiple levels of the organization
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Ability to assess issues, make quick decisions, implement solutions, and influence change
  • Ability to operate effectively in a geographically dispersed organization
  • Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
  • Excellent verbal, written, and interpersonal communication skills
  • Project management experience



Other Desired Qualifications
  • 8+ years of communication and/or writing experience
  • Prior experience in transition management activities
  • Proven ability to collaborate with all levels of management and functional groups including senior leadership/management
  • Thorough understanding of CIP/CDD/EDD requirements
  • Experience assessing issues, making quick decisions, implementing solutions, and influencing change
  • Proven track record of meeting deadlines with attention to detail and quality deliverables
  • Ability to motivate team members, actively facilitate discussions, and drive toward decisions that are in the best interest of Wells Fargo and our customers
  • Proactive self-starter who values personal accountability and thrives under pressure in a fast-paced and demanding environment
  • Regulatory and Financial Crimes Compliance experience




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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