About this role:

Wells Fargo is looking for a Money Laundering Risk Officer (MLRO), based in Paris, France.

This role covers Financial Crimes Risk Management (FCRM) as applicable across all Wells Fargo legal entities in France, which currently comprises Wells Fargo Securities Europe (WFSE) and Wells Fargo International Finance France (WFIFF). WFSE is a service investment firm regulated by the ACPR and the AMF and is subject to the AML and Sanctions regulations in France. WFIFF is an intermediary in banking operations and payment services registered with the ORIAS and not subject to AML regulations but must abide by French Asset Freeze regulations.  

The Wells Fargo France MLRO (hereafter the WF France MLRO) reports functionally to the Wells Fargo Bank International (WFBI) MLRO and locally to the WFSE Chief Executive Officer. The WF France MLRO has oversight for and supports the execution of the Financial Crimes Risk Management program in France and is the designated Money Laundering Reporting Officer (MLRO) for WFSE. The WF France MLRO is the point of contact for financial crimes risk management for all internal and external parties (including Internal Audit, Regulators, French FIU TRACFIN, Enterprise FCRM, EMEA FCRM, Independent Risk Management personnel, and Business Financial Crimes Control Teams) and works with these stakeholders to ensure that effective advisory, governance and oversight capability is delivered within WFSE and WFIFF.

The WF France MLRO ensures that Wells Fargo legal entities in France meet the relevant financial crime local legal and regulatory standards together with applicable corporate policy.

In this role, you will:

• 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 and WFIFF, with the agreement and support of the WFBI MLRO.

• 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 as required at the WFSE Executive Committee and the WFIFF Steering Committee.

• Establish robust governance and reporting of FCRM matters within France.

• Ensure that WFSE and WFIFF meet 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 WFBI MLRO, 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 WFBI MLRO 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 to, support, and leverage the EMEA FCRM teams 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.

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

• Leadership Experience

Desired Qualifications:

• Extensive and proven Financial Crimes Risk Management Experience, ideally at a management level of a large international or global financial group.

• Experience in Markets FCRM Compliance will be an advantage

• Financial Crime related qualification or legal / accountancy qualification preferred.

• Leadership capability, leads by example, fosters trust and is aligned with the Banks 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

Job Expectations

• You will be registered with the ACPR as the WFSE MLRO and you will be registered with TRACFIN as the WFSE declarant-correspondent with them. You must at all times remain fit and proper to perform your role, and this will be assessed on at least an annual basis.

propos de ce poste :

Wells Fargo recherche un responsable de la gestion du risque li au blanchiment dargent (MLRO), bas Paris, en France.

Ce rle couvre la gestion du risque li la criminalit financire (FCRM) telle quelle sapplique lensemble des entits juridiques de Wells Fargo en France, qui comprennent actuellement Wells Fargo Securities Europe (WFSE) et Wells Fargo International Finance France (WFIFF). WFSE est une entreprise de services en investissement rglemente par lACPR et lAMF, et est soumise la rglementation relative la lutte contre le blanchiment et aux sanctions en France. WFIFF est un intermdiaire en oprations bancaires et en services de paiement enregistr auprs de lORIAS et nest pas soumis la rglementation en matire de lutte contre le blanchiment dargent, mais doit se conformer la rglementation franaise sur le gel des avoirs.  

Le MLRO de Wells Fargo, France (ci-aprs dnomm le MLRO de WF France) est rattach sur le plan fonctionnel au MLRO de Wells Fargo Bank International (WFBI) et sur le plan local au chef de la direction de WFSE. Le MLRO de WF France supervise et soutient lexcution du programme de gestion du risque li la criminalit financire en France et est le responsable des dclarations en matire de blanchiment dargent (MLRO) dsign pour WFSE. Le MLRO de WF France est le point de contact pour la gestion du risque de criminalit financire pour toutes les parties internes et externes (y compris laudit interne, les autorits rglementaires, le service de renseignement financier TRACFIN, la gestion du risque li la criminalit financire (FCRM) de lentreprise, la gestion du risque li la criminalit financire (FCRM) pour la rgion EMOA, le personnel du service de gestion indpendante des risques et les quipes de contrle de la criminalit financire du secteur dactivit) et il collabore avec ces parties prenantes pour veiller ce quune capacit efficace de conseil, de gouvernance et de surveillance soit fournie au sein de WFSE et de WFIFF.

Le MLRO de WF France veille ce que les entits juridiques de Wells Fargo respectent les normes lgales et rglementaires locales en matire de criminalit financire, ainsi que la politique de la socit applicable.

Dans le cadre de ce poste, vous aurez les attributions suivantes :

• Proposer une analyse des volutions lgales, rglementaires et autres en lien avec la criminalit financire en France et formuler des recommandations pour assurer la conformit des politiques et procdures affrentes.

• Assurer le rle de responsable des dclarations en matire de blanchiment dargent et de  dclarant-correspondant  auprs de TRACFIN pour WFSE.

• Dfinir et diriger la stratgie en matire de gestion du risque li la criminalit financire au sein de WFSE et de WFIFF, avec laccord et le soutien du MLRO de WFBI.

• Mettre en place et maintenir un cadre efficace de gestion du risque li la criminalit financire en France.

• Dvelopper des relations constructives avec la direction gnrale Paris et les parties prenantes rgionales et institutionnelles, notamment laudit, la conformit et les risques oprationnels, afin de favoriser une culture positive de la gestion des risques et une approche collaborative.

• Prsenter de manire crdible et convaincante la surveillance du risque de criminalit financire la haute direction, au sein de divers comits de gouvernance, notamment le comit excutif de WFSE, ainsi que le comit de pilotage de WFIFF.

• Mettre en place une gouvernance et un reporting solides sur les questions lies la gestion du risque li la criminalit financire en France.

• Veiller ce que WFSE et WFIFF respectent les exigences rglementaires locales en matire de lutte contre le blanchiment dargent et la criminalit financire.

• Travailler en troite collaboration avec le service des relations rglementaires de la rgion EMOA dans la gestion de toutes les interactions avec les autorits rglementaires franaises, y compris les inspections lies aux questions de criminalit financire.

• Fournir des informations et un appui la direction et faire remonter en permanence toute question importante au MLRO de WFBI, au chef de la conformit en France, au directeur gnral de WFSE et au prsident et directeur gnral de WFIFF, afin de les aider assumer leurs responsabilits et de garantir la surveillance et la transparence des risques en matire de gestion du risque li la criminalit financire.

• Assurer une surveillance efficace des programmes de gestion du risque li la criminalit financire en place en France et en rendre compte au MLRO de WFBI et au forum de gouvernance FCRM de la rgion EMOA.

• Assurer la surveillance des lments du programme de gestion du risque li la criminalit financire de WF France qui sont mis en uvre par le biais dactivits externalises.

• Crer et maintenir la capacit didentifier, dvaluer et dinterprter la lgislation et la rglementation relatives la criminalit financire au niveau europen.

• Contribuer, soutenir et tirer parti de lquipe de gestion du risque li la criminalit financire de la rgion EMOA pour excuter le programme de travail de la gestion des risques lis la criminalit financire en France.

• Travailler en troite collaboration avec les membres de lquipe de lutte contre la criminalit financire de la rgion EMOA et des tats-Unis llaboration et au dploiement de politiques et de procdures mondiales et locales en matire de criminalit financire.

• Effectuer toute autre tche raisonnablement ncessaire.

Qualifications requises

• Exprience en matire de criminalit financire, de risque oprationnel, de fraude, de sanctions, de lutte contre la corruption ou pot-de-vin, ou exprience quivalente prouve par une combinaison des lments suivants : exprience professionnelle, formation, exprience militaire, ducation.

• Exprience de leadership

Qualifications souhaites :

• Exprience approfondie et avre de la gestion du risque li la criminalit financire, idalement un niveau de direction dun grand groupe financier international ou mondial.

• Une exprience en conformit FCRM applique aux activits de marchs constitue un atout.

• Qualification en matire de criminalit financire ou diplme de juriste ou de comptable de prfrence.

• Capacit de leadership, mener par lexemple, favoriser la confiance et saligner sur la vision, les valeurs et les objectifs de la Banque.

• Dexcellentes comptences en matire de communication (crite et prsentation) et dinfluence sont essentielles, avec la capacit dtablir des relations dune manire professionnelle et avec diplomatie tous les niveaux du personnel.

• Capacit tablir de solides relations de travail entre diffrentes fonctions et diffrents niveaux, y compris avec la direction gnrale.

• Comptences en matire de crativit et de raisonnement stratgique, notamment la capacit analyser des questions commerciales complexes, identifier les principaux risques et contrles et utiliser une approche pragmatique pour raliser le changement.

• Capacit rsoudre des problmes complexes dans un environnement de grande entreprise, y compris en tablissant des partenariats avec dautres personnes en vue dobtenir un rsultat optimal.

• Solides comptences en matire dorganisation, danalyse et de documentation.

• Capacit grer plusieurs initiatives concurrentes et tablir efficacement des priorits.

• Dexcellentes comptences en matire de gestion du risque, y compris lutilisation approprie de la remonte dinformations et de la consultation pour grer le risque de manire efficace.

• Faire preuve dhonntet et dintgrit dans tous les aspects de son travail.

Attentes lies au poste

• Vous serez enregistr auprs de lACPR en tant que MLRO de WFSE, ainsi quauprs de TRACFIN en tant que dclarant-correspondant de WFSE. Vous devez tout moment rester apte exercer votre fonction, laquelle aptitude sera value au moins une fois par an.

Posting End Date: 

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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 units risk appetite and all risk and compliance program requirements.

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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.