Financial Crimes Specialist

About this role:

Wells Fargo is seeking a Financial Crimes Specialist for the Corporate Risk group’s Financial Crimes Risk Management line of business.

In this role, you will:

• Participate in complex initiatives and identify opportunity for process improvements within scope of responsibilities.
• Perform risk assessment to provide input and recommendations for financial crimes customer exit process strategies.
• Evaluate the adequacy and effectiveness of policies, procedures, processes and internal controls.
• Conduct customer screening alert reviews, review findings, determine actions needed following findings.
• Review and assess business, operational, or technical assignments or challenges that require research, evaluation, and selection of alternatives, and exercise independent judgment to guide medium risk deliverables.
• Perform investigative research, root cause evaluation and consulting regarding complex financial crimes transactions, policy violations and suspicious situations with moderate to high risk.
• Present recommendations for resolving more complex situations and exercise independent judgment while developing full knowledge proficiency in the function, policies, procedures and compliance requirements.
• Take action on control failures in bank processes and procedures.
• Collaborate and consult with associates on all levels.
• Lead, participate in and provide support for projects and initiatives.
• Provide input to development and delivery of a wide range of individual education for financial crimes awareness.
• Support the operational needs of Financial Crimes Investigations through any organizational and process changes.

Required Qualifications:

• 2+ years 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:

• 1+ years of investigations or research experience.
• Knowledge of BSA, AML, Fraud, and sanctions related regulatory requirements.
• Demonstrated experience in authoring reports including the ability to compile, analyze, and interpret underlying data.
• Understanding of relationship exit programs.
• Proficiency with Microsoft applications such as Word, Excel, Outlook, and SharePoint.
• Certified Anti-Money Laundering Specialist (CAMS) and/or Certified Fraud Examiner (CFE) certification.

Job Expectations:

• Contribute to customer exit program operations.
• Review alerts on restricted customers through designated customer screening tool.
• Analyze processes, make conceptual and technical recommendations to streamline or enhance them.
• Understand corporate polices, controls, and business procedures related to our work.
• Meet all deadlines and targets.
• Display high quality of work, paying special attention to detail.
• Remain flexible throughout change.
• Take initiative, be inventive, and think critically.
• Ability to work independently.
• 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:

• 1525 W. W T Harris Blvd., Charlotte, North Carolina
• 1150 W. Washington St., Tempe, Arizona
• 800 S. Jordan Creek Pkwy., West Des Moines, Iowa

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.