About this role:
Wells Fargo is seeking a Senior Financial Crimes Specialist.

 

In this role, the candidate could potentially participate in multiple projects across the Customer Due Diligence Group.  They will be expected to adhere to all relevant milestones for which they are accountable and provide project sponsors/leaders with timely project status updates while keeping them aware of any issues that may cause a delay in the project or milestone completion.

In this role, you will:

Lead or participate in moderately complex initiatives and deliverables within functional area and contribute to large-scale planning related to functional area deliverablesInvestigate, research, examine, and report complex financial crimes transactions, policy violations and suspicious situations with high levels of riskPerform risk evaluation and modeling to provide input and recommendations for financial crimes strategies and modelsEvaluate the adequacy and effectiveness of policies, procedures, processes and internal controlsConduct data and onsite reviews, review findings, determine risk level and recommend resulting fraud prevention strategiesPerform investigative research, root cause assessment and consulting regarding highly complex financial crimes transactions, policy violations and suspicious situations with moderate to high riskPerform detailed examination to detect transactional and relationship patterns, trends, anomalies and schemes across multiple businesses or productsAct as an escalation point for more complex casesResolve moderately complex issues and lead a team to meet deliverablesPartner closely with leadership to develop strategies to minimize financial crime portfolio risk through innovative methods with the ultimate goal of maximizing profitsProvide leadership within the teamServe as a liaison and represent the organization in handling court appearances, depositions, mediations, and arbitrationsCollaborate and consult with peers, colleagues and mid-level managers to resolve issues and achieve goalsLead projects, teams or serve as a mentor for less experienced staffDevelop and deliver a wide range of training for individuals involved in issue detectionInteract internally and externally to conduct investigations or to address risk management

Required Qualifications:

4+ 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:

Must be detail - oriented, flexible, and open minded and creative in problem solving approach.Able to articulate a complex problem, design, build and implement a solution and communicate in clear business terms the benefits of the proposed risk management approach.Provide support and evaluation/validation guidance to quality assurance staff by answering questions on regulations or compliance, procedures and policiesEscalate key maintenance errors identified during evaluation & validation process and ensure resolution of same, reviewing programs, processes, documentation, to ensure compliance with internal company requirements or government regulations Review systems to ensure company standards are met, exceptions are notated, and issues escalated as necessary Assist in development and design of product specific databases Review and evaluate workPrepare calibration feedback and facilitate calibrations across the team to ensure consistency of quality evaluations delivered to clients Monitor quality assurance programs and processes to identify gaps and risk assessmentDesign and conduct training as needed Provide coaching to staff and track performance expectations and results Make final evaluation decisions on disputes which impact quality resultsInteract with staff and business partners to promote teamwork and departmental effectiveness Evaluate output from the Customer Due Diligence Group which includes Corporate Politically Exposed Persons, Global Sanctions Screening & Reporting, and Enhanced Due Diligence Center. Effectively manage a personal work queue and consistently deliver error free quality control reviews. Use approved policies and procedures in order to complete reviews that are clear, concise, and easily understood by due diligence consultants and leaders. Examine and analyze programs, processes, and/or files of unusual, complex and/or higher risk transactions to ensure compliance with internal company requirements and/or agency or government regulations. Clearly communicate overall process or transaction quality and provide feedback to appropriate contacts regarding identified material deficiencies or issues including identification of inconsistencies.  Analyze risks and offset and develop solutions for problems identified. Work directly with peers and leaders throughout all groups within the Customer Due Diligence Group.
Must possess exceptional communication skills.  Ability to learn, grasp, and understand intricate details of the Global Sanctions Screening & Reporting process, Credit Investigations, and the Enhanced Due DiligenceRisk and regulatory compliance experienceBSA/AML experienceExperience with BSA/AML/OFAC laws and regulationsExperience working with laws, rules and regulations within regulatory guidelines or policiesAdvanced Microsoft Office skillsStrong analytical skills with high attention to detail and accuracyExcellent verbal, written, and interpersonal communication skillsTraining delivery and facilitation experienceAbility to achieve high production and quality standardsStrong public speaking skillsProject management experienceCertified Anti Money Laundering Specialist (CAMS)

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.

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.