Financial Crime Specialist

About this role:
As a part of Wells Fargo's second line of defense and Independent Risk Management team, Financial Crimes Risk Management covers jobs responsible for implementing and maintaining an effective financial crimes program for the company that complies with all applicable laws, regulations, and regulatory expectations including Bank Secrecy Act, Anti-Money Laundering, Counter-Terrorist Financing, and Global Sanctions.

Wells Fargo is seeking a Financial Crimes Specialist.
In this role you will:

. Participate in complex initiatives and identify opportunity for process improvements within scope of responsibilities
. Perform below the line testing of the transaction monitoring models to assess the efficacy of these models and provide input and recommendations for financial crimes strategies and models
. Perform analysis to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses or products
. Evaluate the adequacy and effectiveness of policies, procedures, processes and internal controls
. Conduct data and onsite reviews, review findings, determine risk level and recommend fraud prevention strategies
. 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
. Perform detailed examination to detect transactional and relationship patterns, trends, anomalies and schemes across
multiple businesses or products
. Act as an escalation point for more complex cases
. Present recommendations for resolving more complex situations and exercise independent judgment while developing full
knowledge proficiency in the function, policies, procedures and compliance requirements
. Collaborate and consult with associates on all levels
. Lead, participate in and provide support for projects and initiatives
. Provide input to develop and deliver a wide range of individual education for financial crimes awareness
. Prepare documentation and refer cases for Unusual Activity, Identity Theft Operations and Suspected Financial Abuse

Required Qualifications:

• 3+ years experience in Financial Crimes - AML Investigations/Transaction Monitoring, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

  Desired Qualifications:
  Anti -Money Laundering (AML) / Bank Secrecy Act (BSA) experience including strong knowledge and understanding of transaction monitoring.
  Good analytical skills with high attention to detail and accuracy.
  Good verbal and written communication skills.
  Good time management skills and ability to meet deadlines.
  Microsoft Office (Word, Excel, and Outlook) skills

Posting End Date:

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our 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.