- About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune's 2017 rankings of America's largest corporations. News, insights and perspectives from Wells Fargo are also available at https://stories.wf.com.
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About the Process & Role
Commercial Banking Financial Crimes Risk Program (CBFCRP) has created a CB & CIB Control Assurance Program which includes conducting customer due diligence on existing customers records, according to the risk presented by the customer. The FCQA Team is responsible for the following:
Some of the key competencies required are:
10 years of experience in one or a combination of the following: financial services, criminal justice, fraud, Bank Secrecy Act, compliance, QA in the foregoing Operational Risk Management processes and / or Compliance or Audit Programs of a banking back-office operations.
Generic Skills required:
- Commercial Banking Financial Crimes Risk Program (CBFCRP) has created a CB & CIB Control Assurance Program which includes conducting customer due diligence on existing customers records, according to the risk presented by the customer. The FCQA Team is responsible for the following:
- Performing CA reviews driven by specified sampling methodology
- Documenting and reporting results of CA activities
- Identifying and escalating critical risks/issues identified through CA reviews
- Monitoring and tracking the progress of corrective action or customer remediation efforts resulting from CA review findings and/or recommendations
- The FCQA Team works with the POC' (Point of contact) to reach out to LOB' to provide feedback for the cases reviewed adhering CBQA and LOB guidance.
Posting End Date:
26 Sep 2024
*Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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 US: 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.
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.