Financial Crimes Associate

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About this role:

Wells Fargo is seeking a Financial Crimes Associate in Financial Crimes Investigations as part of Independent Risk Management.

Learn more about the career areas and lines of business at wellsfargojobs.com.

This is an exciting opportunity to join the Financial Crimes Investigations department as a Financial Crimes Associate. We are searching for talented Financial Crimes Associates to join our SAR Operations Group.

As a Financial Crimes Associate you will investigate lower risk transactions related to potential fraud and/or AML activity. This role prepares Suspicious Activity Reports (SARs) to alert law enforcement of suspicious activity and protect Wells Fargo customers from the impact of financial crimes, uphold the integrity of the US financial system, and comply with the Bank Secrecy Act.

In this role, you will:

• Investigate, negotiate, and mitigate potential or known moderate dollar loss or risk claims with customer suspects.
• Examine fraud findings to determine extent of fraud risk.
• Review issues and policies or procedures for which answers can be quickly obtained related to lower risk tasks and deliverables with narrower impact.
• Research and scrutinize complex transactions and referrals to prevent and detect financial crimes activities, policy violations and suspicious situations with low to moderate risk.
• Perform analysis to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses or products.
• Receive direction from supervisor and exercise judgment within defined parameters while developing understanding of function, policies, procedures, and compliance requirements.
• Draft report of findings and trend evaluation and make recommendations to mitigate risk.
• Provide information to managers, functional colleagues, and stakeholders.
• Conduct education for financial crimes awareness.

Required Qualifications:

• 6+ months of Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, Corruption experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

• Fraud, Anti-Money Laundering (AML), and/or Bank Secrecy Act (BSA) experience.
• Experience conducting financial crimes investigations, writing, and filing Suspicious Activity Reports (SARs) for AML and/or Fraud cases.
• Experience with the Financial Crimes Investigations team.
• Strong analytical skills with high attention to detail and accuracy.
• Advanced Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills.
• Experience working with Hogan, SVP, and other Wells Fargo systems.
• Excellent verbal, written, and interpersonal communication skills.
• Experience gathering, analyzing, and summarizing data.
• Ability to execute in a fast paced, high demand, environment while balancing multiple priorities.
• Ability to prioritize work, meet deadlines and achieve goals.
• Ability to read, analyze, and interpret documents/reports.
• Ability to take initiative and work independently with minimal supervision in a structured environment.
• Effective at building and strengthening internal relationships with proven success collaborating with partners across the organization.
• Experience with financial crimes monitoring and surveillance activities and systems.
• Strong time management skills and ability to meet deadlines.
• Certified Anti-Money Laundering Specialists (CAMS) and/or Certified Fraud Examiner (CFE) certification.

Job Expectations:

• Ability to work at one of the approved locations in the job posting.
• This position is not eligible for Visa sponsorship.
• This position offers a hybrid work schedule.

Job Locations:

• 600 S 4th Street – Minneapolis, Minnesota
• 1525 W W T Harris Boulevard – Charlotte, North Carolina
• 1150 W Washington Street – Tempe, Arizona

U.S. only – Pay Range:

Minneapolis – Minnesota Pay Range: $23.13 - $41.11 Hourly

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

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.

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.