At a Glance
- Tasks: Lead the EMEA financial crime strategy and oversee governance programmes.
- Company: Join a leading global bank committed to compliance and risk management.
- Benefits: Competitive salary, career development opportunities, and a diverse work environment.
- Other info: Dynamic role with opportunities for growth and collaboration with senior leaders.
- Why this job: Make a real impact in financial crime prevention across the EMEA region.
- Qualifications: Experience in financial crimes and strong leadership skills required.
The predicted salary is between 71713 - 90000 £ per year.
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 leaders.
In 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 standards.
In 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 FCRM experience within large groups in the banking sector, managing FC issues across various Lines of Business, Jurisdictions and multiple legal entities.
- Demonstrated leadership skills and experience managing a team involved in AML/FC matters.
- Ability to make decisions based on informed judgements.
- Collaborates, exchanges information and influences all levels of professionals, including senior leadership.
- Highly developed communication skills- excellent interpersonal, communication skills with an ability to liaise professionally and with diplomacy across all levels of staff.
- Creative and strategic thinking skills, including the ability to analyze business issues and identify key risks/mitigating controls, combined with a pragmatic approach to problem solving.
- Exceptional organisational, analytical and documentation skills.
- Ability to manage many competing projects effectively for on-time delivery.
- Self-starter and able to recognize opportunities for improvement and to act on those opportunities.
- BA/BS degree or higher.
Desired Qualifications
- Strong understanding of EMEA and specifically of UK AML/CFT regimes, and international/industry practices.
- Previous experience conducting and managing the review of complex financial crimes policies, procedures, risk assessment and gap analysis documents, new product proposals and other line of business AML/Compliance documentation.
- Previous experience managing complex AML/financial crimes projects.
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 unit’s 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.
Deputy Regional Head of EMEA FCRM in London employer: WELLS FARGO BANK
Wells Fargo is an exceptional employer that prioritises employee growth and development, offering a dynamic work culture that fosters collaboration and innovation across the EMEA, APAC, and Canada regions. With a strong commitment to operational resilience and a focus on building robust customer relationships, employees are empowered to make impactful decisions while enjoying comprehensive benefits and support for work-life balance. The company's dedication to diversity and inclusion ensures a welcoming environment where all voices are valued, making it an ideal place for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy Regional Head of EMEA FCRM in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like WELLS FARGO BANK. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Deputy Regional Head of EMEA FCRM in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to WELLS FARGO BANK.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on WELLS FARGO BANK's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at WELLS FARGO BANK
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with WELLS FARGO BANK.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at WELLS FARGO BANK will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former WELLS FARGO BANK employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
