Financial Crimes Cons 2

Job Description

You have a proven track record of success but you’re looking for more. More responsibility. More challenges. At Wells Fargo you’ll find that opportunity. You’ll join a team of people who are intelligent, talented and share your values. You will enjoy a diverse career as you learn and grow your capabilities across our multiple lines of business. Our supportive environment can help you make a difference within the company and the communities we serve.

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.8 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,700 locations, 13,000 ATMs, the internet ( and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2015 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk areas, including credit risk, operational risk, market risk, reputation risk, and compliance risk.

Corporate Risk strives to ensure that all Wells Fargo corporate functions and lines of business soundly manage risk, comply with applicable laws and regulations, and offer products and services that meet the needs of our customers.

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, internal and external fraud, and the Foreign Account Tax Compliance Act.

The Financial Crimes Consultant 2 identifies, researches and analyzes more complex financial crimes transactions and referrals, policy violations and/or suspicious situations with moderate to high risk. Conducts investigative research using appropriate investigative techniques to determine liability and impact of cases and mitigates financial losses and/or business interruptions. Performs detailed analyses to detect transactional and relationship patterns, trends, anomalies and schemes across multiple businesses/products.

Duties include any or all of the following: performs risk analysis and modeling to provide input and recommendations for financial crimes strategies and models; prepares documentation and refers cases for Suspicious Activity, Identity Theft Operations (ITO) and Suspected Financial Abuse, reports to government agencies and makes recommendations to senior management; identifies and takes action on control failures in bank processes and procedures, customer or team member decisions; develops and/or implements testing strategies and methodologies; evaluates the adequacy and effectiveness of policies, procedures, processes and internal controls; conducts data and/or onsite reviews, analyzes findings, determines risk level and may recommend resulting fraud prevention strategies; drafts corrective action plans and participates in change management; leads, participates in and/or provides support for projects and initiatives. Provides input to development and delivery of a wide range of team member education for financial crimes awareness; acts as an escalation point for more complex cases; provides litigation support through support documentation/testimony case risk evaluation (reputational, credit, etc.). May specialize in a particular type of financial crime.

Required Qualifications

  • 3+ years of experience in one or a combination of the following: fraud, Bank Secrecy Act, anti money laundering, investigations of financial crimes transactions or policy violations, risk management, or compliance; 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
  • 1+ year of financial crimes experience
  • 1+ year of data collection and reporting experience

Desired Qualifications

  • 2+ years of BSA/AML experience
  • Ability to translate and summarize complex data into understandable, actionable information and recommendations
  • Knowledge and understanding of Hogan
  • Microsoft Excel spreadsheets experience importing, exporting, and manipulating data
  • Knowledge and understanding of regulatory compliance requirements surrounding USA PATRIOT Act and Anti Money Laundering (AML) requirements


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.


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