About this role:Wells Fargo is seeking a Financial Crimes Specialist.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.In this role, you will:Participate in complex initiatives and identify opportunity for process improvements within scope of responsibilitiesPerform risk assessment and modeling to provide input and recommendations for financial crimes strategies and modelsEvaluate the adequacy and effectiveness of policies, procedures, processes and internal controlsConduct data and onsite reviews, review findings, determine risk level and recommend fraud prevention strategiesReview 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 deliverablesPerform investigative research, root cause evaluation and consulting regarding complex financial crimes transactions, policy violations and suspicious situations with moderate to high riskPerform detailed examination to detect transactional and relationship patterns, trends, anomalies and schemes across multiple businesses or productsAct as an escalation point for more complex casesPresent recommendations for resolving more complex situations and exercise independent judgment while developing full knowledge proficiency in the function, policies, procedures and compliance requirementsTake action on control failures in bank processes and proceduresRepresent organization in handling court appearances, depositions, mediations, and arbitrationsCollaborate and consult with associates on all levelsLead, participate in and provide support for projects and initiativesProvide input to development and delivery of a wide range of individual education for financial crimes awarenessPrepare documentation and refer cases for Suspicious Activity, Identity Theft Operations and Suspected Financial Abuse, reports to government agencies and makes recommendations to managementRequired Qualifications:
About this role:Wells Fargo is seeking a Financial Crimes Specialist.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.In this role, you will:
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