Regional Risk Officer

7 days ago


Singapore Wells Fargo Full time

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

**About this role**:
**In this role, you will**:

- Manage a risk based financial crimes program covering primarily the financial crimes risks associated with correspondent banking services (e.g. AML, Sanctions, Fraud, ABC) for a portfolio of markets within the APAC region.
- Supervise the execution of onboarding and periodic due diligence work performed by a team of financial crimes consultants.
- Ensure due diligence documentation is comprehensive and line with Wells Fargo policy and expectations which includes the review and approval of complex customer risk summary due diligence memorandum.
- Proactively identify and escalate financial crimes risks which includes providing clear and concise presentations to senior regional and global stakeholders on the risks and recommended mitigating actions.
- Partner closely with business relationships managers to support ownership and management of financial crimes risk within the business.
- Call on customers as required to complete due diligence and escalation related tasks. Provide financial crimes though leadership to clients as requested by business relationship teams.
- Maintain awareness of key financial crimes developments in the markets you cover as well as regionally and globally.
- Partner with key financial crimes stakeholders (e.g. CIB Financial Crimes, 2nd line independent Financial Crimes Risk Management), as needed, to support the execution of an effective financial crimes program.

**Required Qualifications**:

- 5+ years of Management Consulting, Strategy Consulting, or Business Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

**Desired Qualifications**:

- 5 years of Financial Crimes Risk Management (FCRM) experience
- Financial crimes related certifications (CAMS, CRCM, CFC etc.), strongly preferred
- Strong understanding of Anti Money Laundering (AML) and Bank Secrecy Act (BSA) experience, Sanctions, and Due Diligence compliance requirements as they pertain to correspondent banking.
- Knowledge and understanding of correspondent banking product knowledge.
- Ability to work effectively, as well as independently, in a team environment
- Excellent interpersonal skills
- Experience leading effective collaboration across a team

**We Value Diversity**

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.



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