1+ months

EMEA Financial Crime Testing Consultant

London, England W1A 2LQ
  • Job Code
Wells Fargo provides middle market, large corporate and financial institution customers with a range of international solutions, including treasury management, credit, payments, financing, foreign exchange, and trade services. Wells Fargo operates from 42 countries and territories outside of the U.S., including branches in Beijing, Cayman Islands, Dubai International Financial Center (DIFC), Hong Kong, London, Seoul.

The Wells Fargo EMEA Financial Crime team has a new opportunity for and experienced testing consultant to join the team based in London.

In accordance with the Annual Testing Plan, the Consultant will perform reviews across multiple entities and lines of business as directed by Central Compliance Management. All team members are required to execute reviews per RCRM standards.

This includes:
  • Engaging with key stakeholders within relevant lines of business and with relevant control function team members (senior FCRM management, audit and operational risk) to effectively plan their testing activity, coordinating this with the relevant Testing Team Leader;
  • Perform fieldwork within the relevant lines of business and test system and control design and effectiveness (in accordance with relevant Wells Fargo testing and sampling methodologies as appropriate);
  • Keep all stakeholders appraised of review progress through formal face to face updates to ensure a no-surprise approach on review outputs and potential issues;
  • Identify and raise gaps, issues and recommendations for system and control enhancements and formally agree associated action plans (e.g. a change to systems, controls, governance structures, policies or procedures) with relevant senior management;
  • Formally document review activity and raise findings within Compliance Activity Reports and following a quality assurance process, submit these to senior management; and
  • Ensure that all review steps are documented within the appropriate working papers and meet RCRM quality standards.
  • Work with risk colleagues and lines of business to formally track issues to closure.

Additional Responsibilities Include:
  • Attend relevant International and EMEA conference calls, meetings and Committees in order to discuss RCRM, Testing and Compliance standards and issues raised, as directed bymanagement.
  • Work collaboratively with testing and FCRM colleagues throughout EMEA to make recommendations for change to Policies, Projects, Training and or Monitoring Plans as appropriate.
  • Foster partnerships with Corporate Compliance, EMEA Compliance officers, HR and Wholesale and International Compliance and line of business colleagues as directed.
  • Undertaking relevant regulatory and corporate training as required / directed to maintain competence.
  • Under direction of Central Compliance Management, provide cover arrangements as per cross training or with other Testing work to assist the wider EMEA Compliance team in times of need.
  • Team members are required to assist with other ad hoc matters as may be required by International T&V Management from time to time.
  • Team members are required to assist with other ad hoc matters as may be required by EMEA Central Compliance Management from time to time.


    • Retail / Wholesale

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    EMEA Financial Crime Testing Consultant

    Wells Fargo
    London, England W1A 2LQ

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    EMEA Financial Crime Testing Consultant

    Wells Fargo
    London, England

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