Financial Crimes Specialist

About this role:

Wells Fargo is seeking a Financial Crimes Specialist for the 314 Information Sharing team within Financial Crimes Operational Support. Learn more about career areas and business divisions at www.wellsfargojobs.com.

In this role, you will:

• Participate in complex initiatives and identify opportunity for process improvements within scope of responsibilities.
• Perform risk assessment and modeling to provide input and recommendations for financial crimes strategies and models.
• 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.
• Take action on control failures in bank processes and procedures.
• Represent organization in handling court appearances, depositions, mediations, and arbitrations.
• Collaborate and consult with associates on all levels.
• Lead, 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:

• Prior experience in the financial services industry, including general banking and/or accounting knowledge.
• Knowledge of the 314(b) information sharing program, including assessing eligibility, intaking the request, and determining what information is appropriate to share.
• Experience researching and analyzing complex transactions to detect patterns, trends, and anomalies.
• Ability to execute in a fast paced, high demand, production-oriented environment while balancing multiple priorities.
• Strong organization and time management skills and ability to meet deadlines.
• Excellent verbal, written, and interpersonal communication skills.
• Demonstrated ability to take initiative and work independently with minimal supervision in a structured environment.
• Strong problem-solving and analytical skills with high attention to detail and accuracy.
• Intermediate to advanced proficiency in Microsoft Office (Word, Excel, and Outlook) products and Wells Fargo systems such as Financial Crimes Platform, SVP, and Consumer Small Business Banking (CSBB) claims databases.
• BS/BA degree or higher.

Job Expectations:

• Ability to work at one of the approved locations in the job posting.
• This position offers a hybrid work schedule.
• This position is not eligible for Visa sponsorship

Job Locations:

• 600 South 4th Street – Minneapolis, Minnesota
• 1525 West W T Harris Boulevard – Charlotte, North Carolina
• 1150 West Washington Street – Tempe, Arizona

U.S. only – Pay Range:

Minneapolis – Minnesota Pay Range: $63,600 - $113,000 USD annual

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.

$63,600.00 - $113,000.00

Posting End Date:

30 Mar 2025

*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.

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.