Business Execution Manager – Markets Client Delivery

Corporate & Investment Banking (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.

The Chief Operating Office (COO) supports the business by delivering platforms, processes and systems across a wide range of disciplines. This includes LOB business management, business solutions & enablement, client lifecycle management, data management, strategy & transformation, and innovation.

About this role:

Wells Fargo is seeking a Business Execution Manager to lead the Markets Client Delivery – KYC (Know Your Customer) group within Corporate and Investment Banking. This is a management position, and the individual will be responsible for assisting with the management and development of people and procedures related to Customer Identification Program (CIP), Customer Due Diligence (CDD), Enhanced Due Diligence (EDD) requirements, Anti-Money Laundering (AML), Compliance, and Operational Risk. The role will also encompass strategic delivery related to the applications and projects for multiple lines of business throughout the client onboarding journey. Learn more about the career areas and lines of business at wellsfargojobs.com.

In this role, you will be responsible for:

• Understanding core AML / BSA (Bank Secrecy Act) risk and incorporating best practices
• Reviewing and validating customer information to ensure adherence to Customer Identification Program (CIP), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) requirements
• Providing AML guidance and escalation to LOB stakeholders for complex accounts and relationships
• Coordinating and managing day-to-day evaluation of AML risks throughout customer lifecycle process
• Conducting employee performance evaluations and ongoing feedback
• Driving consistency of AML operational practices and procedures
• Managing and mitigating risks associated to Markets Client Delivery processes and teams
• Coordinating with external and internal auditors
• Updating procedures related to BSA / AML program
• Documenting process improvements and creating / managing action plans
• Leading change initiatives which promote overall process efficiency and effectiveness, including changes to operating processes, procedures, and systems.
• Supporting the implementation and monitoring of a risk-based compliance program to assure compliance with federal, state, legal, and regulatory requirements.
• Participating in projects and initiatives to identify, assess, and mitigate BSA/AML risk in business activities.

Required Qualifications:

• 5+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

• 2+ years Leadership experience

Desired Qualifications:

• Experience in operational risk management processes and/or compliance and/or audit programs (preferably in KYC/AML).
• Familiarity with requirements of BSA/AML programs, including all aspects of CIP/CDD/EDD.
• Experience identifying and driving process improvements in complex, institutional banking environment.
• Experience with managing a team of individuals conducting job evaluations, providing ongoing feedback, and outlining goals and responsibilities for job performance
• Understanding of key operational risk components, including experience driving consistency and quality across all aspects of a risk function.
• Ability to understand and work with data, including creating alignment among various data sources, developing trends, and creating risk-based analytics from multiple information sources.
• Strong communication, negotiation, and collaboration skills, including the ability to negotiate with numerous parties and reach agreeable solutions.
• Proven ability and experience in being able to look at the big picture across a risk program and implement successful strategy and 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.
• Ability to synthesize data from a variety of sources and deliver results quickly.
• Knowledge of Wells Fargo’s corporate organizational structure and processes.
• BS/BA degree or equivalent experience
• Institutional securities sales and trading and/or investment banking compliance and risk management experience
• Experience working with/or managing Non-U.S. client onboarding teams

Job Expectations:

• This role is not eligible for VISA sponsorship
• Ability to travel as needed
• Willingness to work on-site in accordance with current office requirements
• Ability to work additional hours as needed
• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Posting address:

550 S. Tryon, Charlotte, NC 28202

Salary range:

$119,000-$187,000 (Charlotte only)

Posting End Date:

*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.