Deputy Regional Head of EMEA FCRM

About this role:

Reporting to the International Head of Financial Crimes Risk Management (FCRM), who also has direct accountability for the EMEA FCRM Programme, the Deputy Head of EMEA FCRM plays a critical leadership role in shaping and delivering the firm’s financial crime strategy across the region.

This individual will oversee the EMEA FCRM governance programme, lead the regional business advisory function, and support the International Head of FCRM in driving the design and execution of effective financial crime frameworks across EMEA. The role also serves as a key escalation point for complex financial crime matters, providing expert regulatory guidance and partnering closely with senior business  addition, the Deputy Head will engage with regulators, Internal Audit, and other control functions, deputise as MLRO for London entities where required, and collaborate with EMEA country MLROs to ensure compliance with local regulations and global policy  this role, you will:

Manage the design and delivery of the EMEA FCRM Strategic Plan, identifying alignment with EMEA FCRM’s strategic objectives. Manage direct reports assigned to the EMEA FCRM team, building and maintaining a highly effective team.

Manage, design and implement financial crime related metrics and risk reporting to be distributed and leveraged by key stakeholders, supporting the International Head of FCRM as required. Manage financial crimes regulatory exams, audits and other internal testing, as appropriate.

Lead and guide the businesses operating in the Region regarding financial crimes related issues. Lead the review and challenge to the assessment of financial crimes risk for all new or modified products impacting the EMEA region.

Lead EMEA FCRM’s contribution to the Risk and Control Self-Assessment (RCSA) framework. Lead in the assessment and identification of training needs, and establishing, developing, delivering and maintaining local AML/FC training programs.

As DH EMEA FCRM, assist the International Head of EMEA FCRM in managing all program elements of the EMEA FCRM Program to ensure the program is operating in compliance with all local jurisdictional Anti-Money Laundering (AML)/Counter Financing of Terrorism (CFT) requirements and Wells Fargo’s corporate policies and directives. This includes the development and updating of regional FCRM documentation and supporting documentation and the provision of applicable advice to the business to ensure compliance with requirements.

Collaborate with the International Head of FCRM in the development and implementation of effective and proportionate AML and CFT processes and controls by demonstrating financial crime expertise and an understanding of financial crime related risks across the business.

Provide the appointed EMEA MLROs with assistance in the development and execution of AML Country Programs and regulatory mandated responsibilities.

Provide financial crime related SME on financial crime related projects impacting EMEA, proactively identifying and managing risks and providing advice as appropriate.

Oversee the delivery of financial crimes risk assessments.

Delegate for the International Head of FCRM on various Risk Committees.

Maintain an up-to-date and informed understanding of relevant legislation and regulations and their impact on the Wells Fargo EMEA Region and legal entities, including ensuring supporting procedures remain current and accurate.

Coordinate, corrective action plans and new initiatives, as required, collaborating with the International Head of FCRM.Proactively identify and lead initiatives to improve the service quality and operational efficiency in relation to EMEA FCRM. Develop and maintain effective relationships with stakeholders across Independent Risk Management, businesses, and Internal Audit to ensure timely identification and resolution of financial crime related issues.

Required Qualifications:

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, education

Management or leadership experience

Highly developed…