Senior Lead Financial Crimes Officer - OFAC Sanctions

About the role

The Senior Lead Financial Crimes Officer will play a crucial role in overseeing and governing Wells Fargo's OFAC sanctions program. This role advises various business units on customer risk, sanctions screening oversight, escalations, and other sanctions-related matters. Key responsibilities include advising leadership on objectives, plans, and long-term goals, evaluating strategic business decisions, and delivering innovative solutions.

Responsibilities

• Oversee and govern OFAC sanctions program
• Provide accurate and thoughtful regulatory guidance to business units
• Advisory to leadership on developing or influencing objectives, plans, and long-term goals
• Evaluate long-term implications and consequences of strategic business decisions
• Lead the strategy and resolution of complex challenges
• Deliver solutions that are large-scale and require vision, creativity, innovation, and coordination
• Lead implementation of complex initiatives with high risk
• Provide vision, direction, and full knowledge to leadership on implementing innovative business solutions
• Engage strategically with all levels of professionals and managers across the company

Requirements

• 7+ years of Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, Corruption experience
• Experience working with payment ecosystems, including major payment rails, messaging, and settlement frameworks
• Expert understanding in OFAC sanctions, risks, and typologies
• Experience working with internal bank transaction screening, monitoring, and escalation systems
• Demonstrated ability to review, analyze, and interpret OFAC licenses, FAQs, and Executive Orders
• Experience in regulatory compliance related to virtual assets
• Experience leading complex initiatives that require interacting and problem-solving with business leaders, legal counsel, or industry groups
• Experience in using advanced Excel or similar software for analytics
• Experience in conducting sanctions screening oversight
• Demonstrated ability to apply OFAC sanctions and financial crime controls to payment flows
• Master's degree in a relevant field or Juris Doctor (JD) preferred

Desired Qualifications

• Experience working at a large multinational financial institution
• Experience working with internal bank transaction screening, monitoring, and escalation systems
• Experience in regulatory compliance related to virtual assets
• Experience leading complex initiatives that require interacting and problem-solving with business leaders, legal counsel, or industry groups
• Experience in using advanced Excel or similar software for analytics
• Experience in conducting sanctions screening oversight
• Demonstrated ability to apply OFAC sanctions and financial crime controls to payment flows
• Master's degree in a relevant field or Juris Doctor (JD) preferred

Pay

• Variates based on location and experience

Schedule

• Hybrid work schedule

Benefits

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement