Wells Fargo
London, United Kingdom
06 Jan 2023
18 Jan 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
About this role:

Wells Fargo is seeking a Lead Institutional Investment Operations Specialist...

In this role, you will:
  • Understanding core AML / BSA risk and incorporating best practices.
  • Work closely with the client onboarding team and facilitate new clients and periodic reviews.
  • Partner with WFS and corporate stakeholders to enable efficient and transparent front to end processing.
  • lead change initiatives which promote overall process efficiency and effectiveness including changes to operating processes, procedures, and systems to keep a global consistency in service offering
  • 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.
  • Driving consistency of AML operational practices and procedures
  • Updating procedures related to BSA / AML program.
  • Documenting process improvements and creating / managing action plans.
  • 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.
Job Expectations:
  • Proven experience working within Client Onboarding, preferable as a Facilitator within the Rates & FX LOB.
  • Experience in understanding legal documents required for onboarding clients.
  • Experience in client integration and management
  • Technical understanding of transaction lifecycle in FX and Rates (Additional asset classes is a plus)
  • Experience of financial institution experience.
  • Proven experience with external Institutional Client communications and interaction.
  • Relevant experience within Client Onboarding for financial company.
  • Relevant experience within a Compliance, AML/KYC or Operational risk team is preferred.
  • Experience working in a demanding fast- paced financial institution, strong interpersonal skills and the ability to build and maintain strong relationships.
  • Excellent written/verbal communication skills.
  • Proven ability to work across global departments to build credibility and strong relationships.
  • Experience compiling metrics, customer profiles and maintaining SLA's preferred.
  • Strong listening and verbal/written communications
  • Strong presentation skills
Required Qualifications, International:
  • Experience in Institutional Investment Operations, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • Educated to an A-level or Degree standard.
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, or status as a protected veteran.

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.
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