Money Laundering Risk Officer, Wells Fargo

Wells Fargo

Location:
France, Paris

Category:
Banking

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

Wells Fargo is looking for a Money Laundering Risk Officer to oversee Financial Crimes Risk Management in Paris, France. The role involves ensuring compliance with French and corporate policy, managing relationships with regulators, and overseeing financial crimes frameworks for two legal entities.

Job Responsibility:

Provide analysis of legal, regulatory and other developments relating to Financial Crime in France and make recommendations to ensure related policies and procedures are compliant
Act as registered Money Laundering Reporting Officer and declarant-correspondent with TRACFIN for WFSE
Set and direct the strategy for FCRM in WFSE / WFIFF, with the agreement and support of the Head of International Financial Crimes Risk Management
Deliver and maintain an effective financial crimes risk management framework within France
Develop constructive stakeholder relationships with Senior Management in Paris and regional and corporate stakeholders including Audit, Compliance and Operational Risk to drive a positive risk management culture and collaborative approach
Present credibly and persuasively on Financial Crime Risk oversight to senior business management, at various governance committees including at the WFSE Executive Committee, Risk Committee and Board and the WFIFF Steering Committee as required
Establish robust governance and reporting of FCRM matters within France
Ensure that WFSE and WFIF meets local anti-money laundering and financial crimes regulatory requirements
Work closely with EMEA Regulatory Relations in the management of all interaction with French regulatory authorities including inspections related to financial crime matters
Provide management information and support and escalate any material matters on an ongoing basis to the Head of International Financial Crimes Risk Management, the France Chief Compliance Officer, WFSE Chief Executive Officer and WFIFF President and General Manager to support the fulfilment of their responsibility and to ensure that they have oversight and transparency of FCRM risks
Maintain effective oversight over the FCRM programs in place in France and report on this to the Head of International Financial Crimes Risk Management and the EMEA FCRM Governance Forum
Maintain oversight over elements of the WF France FCRM program that is delivered through outsourced activities
Create and maintain capability to identify, assess and interpret EU level Financial Crime related legislation and regulation
Contribute, support and leverage the Dublin and Frankfurt FCRM team to complete the France FCRM work programme
Work closely with Financial Crime team members in EMEA and USA in the development and roll out of global and local Financial Crime policies and procedures
Carrying out such other duties as may reasonably be required

Requirements:

Experience in Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, Corruption, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Leadership Experience

Nice to have:

Extensive and proven Financial Crimes Risk Management Experience, ideally at a Management level of a large international or global financial group
Financial Crime related qualification or legal / accountancy qualification preferred
Leadership capability, leads by example, fosters trust and is aligned with the Bank’s Vision, Values and Goals
Developed communication (written and oral and presentation) and influencing skills are essential with an ability to liaise professionally and with diplomacy across all levels of staff
The ability to build strong working relationships across different functions and different levels including senior management
Creative and strategic thinking skills, including the ability to analyze complex business issues, identify key risks and controls and to utilize a pragmatic approach to achieve change
The ability to resolve complex issues in a large corporate environment, including partnering with others to achieve the optimal outcome
Strong organizational, analytical and documentation skills
Ability to manage multiple competing initiatives and prioritise effectively
Developed risk management skills including appropriate use of escalation and consultation to manage risk effectively
Act with honesty and integrity in all aspects of their work

Additional Information:

Job Posted:
June 01, 2025

Expiration:
June 23, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Money Laundering Risk Officer