Financial Crimes Analyst 2

Wells Fargo - Portland, OR

Job Description
At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

It starts with you. Our goal is to attract, develop, retain and motivate the most talented people - those who care and who work together as partners across business units and functions. We value and promote diversity and inclusion in every aspect of our business and at every level of our organization.

Corporate Risk provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, this group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.

Financial Crimes Risk Management (FCRM) is responsible for oversight of the company’s financial crimes related risk: Bank Secrecy Act (BSA), anti-money laundering and terrorist financing, anti-bribery and corruption, the Office of Foreign Assets Control, other global sanctions programs, internal and external fraud, and the Foreign Account Tax Compliance Act.

This Financial Crimes Analyst 2 position is responsible for conducting accurate and timely preliminary investigations related to alerts generated from centralized transaction monitoring programs and/or line of business Unusual Activity Referrals (UARs). A decision is made with each preliminary investigation to either close the item, or send it on for a full investigation. Internally the position is referred to as an Investigations Coordinator. This person will:

Use transactional and customer records from external data, publicly available information, along with various internal system resources and applications, to make a risk-based decision on the disposition of referrals related to fraud, money laundering, or other financial crime.
Identifiy, research, and analyze financial crimes transactions and referrals which may be complex and include suspicious situations with moderate to high risk.
Perform detailed analyses to detect transactional and relationship patterns, trends, anomalies, and schemes across multiple businesses/products.
Ensure the integrity of documentation regarding the referrals, and that case assignments are in accordance to procedures.
May specialize in a particular type of financial crime.
This position requires an understanding of technology to perform research, which may include internet searches, as well as reviewing any negative news on the parties. In addition to reviewing customer transactions, the transaction review may include third parties (non-customers). In this position, the candidate may provide reports on data trending and analysis to management, and to other Wells Fargo lines of business. This person will be responsible for submitting findings and recommendations to management, and updating FCI management on the status of the FCI workflow, as well as leading and/or participating in projects to improve FCI processes and workflow.

A successful candidate will possess the following: Demonstrated strong verbal and written communication skills. Strong computer skills and proficient in Microsoft Excel. Able to quickly learn and use multiple internal and external tools and systems to collect information and conduct research. Position requires the ability to work collaboratively with other business partners.

Required Qualifications

3+ years of experience in one or a combination of the following: financial services, criminal justice, applied science, mathematics, statistics, modeling, fraud, Bank Secrecy Act, anti money laundering, or investigations of financial crimes or policy violations; or a BS/BA degree or higher in applied sciences, mathematics, statistics, economics, finance, or criminal justice, with 1+ year of experience in the foregoing

Desired Qualifications

Basic Microsoft Excel skills
Advanced Microsoft Office (Word, Excel, Outlook, and Access) skills
Strong organizational, multi-tasking, and prioritizing skills
Strong attention to detail and accuracy skills


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.