About this role:

Wells Fargo is seeking an ACH Credit Risk Product Manager position to serve as a Nacha rules expert that will manage ACH Business Risk and Credit profile enhancements driving resolution and remediation of highly complex and unique challenges related to ACH Risk within Global Treasury Management within Enterprise Functions. Learn more about our career areas and business divisions at wellsfargojobs.com.

In this role, you will:

• Manage ACH Risk initiatives including credit, operational, and compliance risks
• Own, develop, and execute the ACH Risk Assessments
• Drive resolution and remediation of highly complex and unique challenges related to ACH Risk
• Engage with all lines of businesses as the subject matter expert on risk related topics
• Execute planned initiatives to enhance ACH exposure evaluation and processing
• Lead a partnership with the Credit Policy teams to develop enhanced guidelines for debit and credit exposure monitoring
• Demonstrate an expert knowledge level of Nacha rules and guidelines with the ability to have detailed reviews with clients, internal partners, and Senior Management
• Provide leadership for the Payables Product team for the review, discussion, implementation, and execution of all Nacha rule changes and/or enhancements
• Management advisor for risk/credit initiatives and facilitator of key presentations to material stakeholders
• Provide clear and concise guidance and direction related to compliance, rules and credit risk initiatives to all cross functional teams and Sr. Management

Required Qualifications:

• 5 years of Business Execution, Implementation, Risk/Credit oversight, or equivalent, demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• 5 years managing Risk including ACH Credit Risk, Regulatory Risk and Operational Risk
• Treasury Management knowledge and experience
• Accredited ACH Professional (AAP), Accredited ACH Risk Professional (AARP) desirable
• Advanced expertise with Payments Regulations and Nacha Rules
• Analytical skills, extensive knowledge of the ACH Business and associated risks
• Senior level experience in analyzing ACH exposure activity data and establishing appropriate limits
• Strong background in optimizing corporate client credit lines

Job Expectations:

• Hybrid work schedule with minimum three days in the office or equivalent

Posting Locations:

• 600 S. 4th Street, Minneapolis, Minnesota
• 550 S. Tryon Street, Charlotte, North Carolina

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Posting End Date: 

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

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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 US: 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.

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.