Financial Crimes Specialist

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. It all begins with outstanding talent. It all begins with you.

About this role:

Wells Fargo is seeking a Financial Crimes Specialist to join Financial Crimes Risk Management (FCRM) as a part of Wells Fargo's second line of defense and Independent Risk Management team. Learn more about the career areas and business divisions at wellsfargojobs.com. The Financial Crimes Specialist will be responsible for performing investigative research, root cause evaluation and consulting regarding complex financial crimes transactions, policy violations and suspicious situations with moderate to high risk.

In this role, you will:

• Participate in complex initiatives and identify opportunities for process improvements within scope of responsibilities.

• Assist in the performance of risk assessment and modeling to provide input and recommendations for financial crimes strategies and models.

• Assist in the evaluation of the adequacy and effectiveness of policies, procedures, processes, and internal controls.

• Conduct data reviews, review findings, determine risk level and recommend market manipulation/fraud prevention strategies.

• Review and assess 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.

• Assist in taking action on control failures in bank processes and procedures

• Collaborate and consult with associates on all levels.

• 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.

• Prepare documentation and refer cases for Suspicious Activity, Identity Theft Operations and Suspected Financial Abuse, reports to government agencies and makes recommendations to management.

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 Insider Trading and Market Manipulation scenarios experience.

• 1 years of Low Priced Security transactions experience.

• 1 years of Security Markets and its associated activities experience.

• 1 years of financial crimes investigations experience.

Job Expectations:

• Willingness to work on-site at stated location on the job opening.

• This position offers a hybrid work schedule.

• This position is not eligible for Visa sponsorship.

• This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Posting Locations:

401 S Tryon Street, Charlotte, NC

600 S 4th Street, Minneapolis, MN

North Carolina – Charlotte Pay Range: $68,000.00 - 104,000.00 USD Annually

Minnesota – Minneapolis Pay Range: $75,000.00 - 114,000.00 USD Annually

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

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.

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.

Salary : $68,000 - $104,000