Senior Lead Financial Crimes Officer - OFAC Sanctions

About the role

The Senior Lead Financial Crimes Officer role is within Wells Fargo's Global Sanctions Office, part of Financial Crimes Risk Management. This role advises all lines of business on customer risk, sanctions screening oversight, escalations, and sanctions-related matters. Key responsibilities include serving as an economic sanctions subject matter expert, advising leadership, implementing financial crimes programs, evaluating strategic business decisions, and leading complex initiatives.

Responsibilities

• Help oversee and govern Wells Fargo's OFAC sanctions program
• Provide accurate and thoughtful regulatory guidance to business units
• Advisory to leadership on objectives, plans, specifications, resources, and long-term goals
• Evaluate long-term implications and consequences of strategic business decisions
• Lead the strategy and resolution of complex challenges
• Implement and maintain an effective financial crimes program
• Review, analyze, and interpret OFAC licenses, FAQs, and Executive Orders
• Work with internal bank transaction screening, monitoring, and escalation systems
• Conduct customer/related party screening & transaction screening
• Apply OFAC sanctions and financial crime controls to payment flows, including cross-border transactions, correspondent banking, and screening/escalation decisions
• Lead complex initiatives that require interaction with business leaders, legal counsel, or industry groups

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
• Experience in regulatory compliance related to virtual assets
• Experience leading complex initiatives
• Advanced Excel or similar software experience for analytics
• Experience in conducting sanctions screening oversight
• Master's degree in a relevant field or Juris Doctor (JD) preferred

Desired Qualifications

• Experience with virtual assets, including virtual currency, cryptocurrency
• Experience working at a large multinational financial institution
• Experience in regulatory compliance
• Experience in using advanced Excel or similar software
• Experience in conducting sanctions screening oversight
• Experience in using advanced Excel or similar software
• Experience in using advanced Excel or similar software

Pay

Base pay ranges from $191,000.00 - 305,000.00 USD annually, depending on location.

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
• Commute benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement