Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.
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.
Corporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk. The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the 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.Conduct routine reviews of bank customers (individuals/entities), related parties (owners, board of directors, executives) and/or transactions that present a low degree of complexity and risk to determine appropriateness for Wells Fargo..
The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the 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, external fraud, and the Foreign Account Tax Compliance Act.
This is an exciting opportunity to join Financial Crimes Risk Management's Anti-Money Laundering Investigations team. This team focuses on domestic AML investigations, conducting account reviews, identifying trends, addressing any BSA concerns, etc. The Financial Crimes Associate is responsible for investigative research, root cause analysis and consulting regarding highly complex financial crimes transactions, policy violations and/or suspicious situations with low, moderate, and high risk. May handle complex cases with some visibility.
Responsibilities include, but not limited to:
Conducts investigative research using appropriate investigative techniques to determine risk.
Performs detailed analyses, maintains required documentation, files Suspicious Activity Reports (SARs), and acts as an escalation point for more complex cases.
Investigates using internal, open source, and external information to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses/products.
Develops and implements testing strategies and methodologies.
Evaluates the adequacy and effectiveness of policies, procedures, processes and internal controls.
Reviews and analyzes investigative findings and makes recommendations based upon outcomes.
Drafts corrective action plans and assists in managing change to prevent/mitigate risk.
Performs risk analysis and modeling as a precursor to building financial crimes strategies.
Provides input to the development and delivery of a wide range of training for team members involved.
Created and conducts education for financial crimes awareness.
2+ years of experience in risk (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management demonstrated through work or military) or 1+ year in the foregoing or financial services industry and a BS/BA degree or higher in business or a related field
Ability to take initiative and work independently with minimal supervision in a structured environment
Ability to gather, organize, and interpret data
Ability to execute in a fast paced, high demand, environment while balancing multiple priorities
Strong analytical skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Advanced Microsoft Office (Word, Excel, and Outlook) skills
Strong time management skills and ability to meet deadlines
A BS/BA degree or higher
Certified Anti Money Laundering Specialist (CAMS)
Ability to manage complex data and reporting projects requiring coordination of resources at different levels both internally and externally
Ability to read, analyze, and interpret documents/reports
Anti Money Laundering (AML) and Bank Secrecy Act (BSA) experience
Knowledge and understanding of financial crimes investigation
Other Desired Qualifications
Ability to identify information, cross-reference data and take action accordingly
Relevant military or law enforcement experience
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.