Job Description

**About this role:** Wells Fargo has a rare opportunity to join the Wells Fargo Corporate and Investment Banking (CIB) EMEA Heightened Customer Risk Team. Join us in assisting with the Enhanced Due Diligence (EDD) process, focusing on onboarding and reviewing high-risk CIB customers. Your role will involve collaborating with various KYC stakeholders, Operations/Client Maintenance, relationship managers, regional MLROs, and financial crimes governance functions to ensure thorough CIP verification, Customer Due Diligence, high-risk assessments, and client onboarding/exit decisions. As part of the team, you will delve deep into Wholesale Banking, Corporate, and Regional policies, staying up-to-date on legal and regulatory frameworks that impact these areas. You will develop expertise in the Corporate risk rating program and play a key role in validating customer risk ratings while proactively addressing data discrepancies affecting high-risk clients. Join us in this dynamic role where your knowledge and skills will drive impactful risk management strategies. Your journey with us involves more than just a job; it's a chance to be part of something exceptional. We take pride in our award-winning culture where inclusivity is not just embraced; it's celebrated. When you join Wells Fargo, you become a part of a dynamic global bank, where excellence and belonging combine to provide you with a workplace culture in which you can truly thrive and excel. **In this role, you will:** + Compile customer-level written risk assessments documenting all aspects of financial crimes and reputational risk of high-risk customers. + Review and assess customers with high-risk attributes, adverse news, and PEPs and escalate to appropriate stakeholders for regional approval. + Facilitate client onboarding and periodic reviews; partner with CIB lines of business and corporate stakeholders to enable efficient and transparent front to end processing. + Provide status updates to CIB stakeholders for each onboarding and review, including detailed risk analysis of each customer. + Assist in obtaining client information and documentation required to meet legal and regulatory obligations. + Investigate ownership and control structures to identify beneficiaries and possible PEPs for KYC and risk management purposes; assist with the disposition of any items of negative news or other AML related items during the review process. + Maintain proficiency with all applicable regulatory, regional AML and Bank Secrecy Act, UK Regulations, Joint Money Laundering Steering Group guidance, legal and operational rules/policies impacting client onboarding and client data. + Drive consistency for Client Data and Onboarding operational practices and procedures. + Take accountability for entire process from receipt of work to resolution and closure. + Participate in projects and initiatives. + Act as an advisory function to the Customer Due Diligence team. + Advocate for and drive change to improve compliance practices and customer experience. **Required Qualifications:** + Experience in Business Operations, Leadership, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education. **Desired Qualifications:** + Experience in financial crimes compliance. + Familiarity with requirements of BSA / AML programs, including all aspects of CIP/CDD/Enhanced Due Diligence. + Familiarity with EMEA regulatory requirements (FCA, EU, FINMA, e.g.) and Joint Money Laundering Steering Committee and other regional body guidance (FATF, e.g). + Knowledge of MiFID, EMIR and other key regulatory policies and rules + Understanding of key operational risk components. + Excellent written communication skills. + Strong communication, negotiation, and collaboration skills, including the ability to negotiate with numerous parties and reach agreeable solutions. + Strong organizational skills, attention to detail, and adherence to strict deadlines in a fast paced environment. + Ability to effectively multi-task and successfully work on several unrelated projects at the same time and deliver critical solutions related to regulatory change. + Prior success in AML-related project management strongly preferred. + Financial Crimes Investigations or exposure to regulatory controls in a financial services environment strongly preferred. + Degree or equivalent in business, finance, or economics, or equivalent experience. **Posting End Date:** 29 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. 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. **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. **Req Number:** R-457410

Job Tags

Work experience placement,

Similar Jobs