Boots to Banking - Financial Crimes Associate
Boots to Banking - Financial Crimes Associate
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Job Description
About this role:
Wells Fargo is seeking a Financial Crimes Associate in Financial Crimes Investigations as part of Independent Risk Management.
Learn more about the career areas and lines of business at .
This is an exciting opportunity to join the Financial Crimes Investigations department as a Financial Crimes Associate. We are searching for talented Financial Crimes Associates to join our SAR Operations Group.
As a Financial Crimes Associate you will investigate lower risk transactions related to potential fraud and/or AML activity. This role prepares Suspicious Activity Reports (SARs) to alert law enforcement of suspicious activity and protect Wells Fargo customers from the impact of financial crimes uphold the integrity of the US financial system and comply with the Bank Secrecy Act.
In this role you will:
- Investigate negotiate and mitigate potential or known moderate dollar loss or risk claims with customer suspects.
- Examine fraud findings to determine extent of fraud risk.
- Review issues and policies or procedures for which answers can be quickly obtained related to lower risk tasks and deliverables with narrower impact.
- Research and scrutinize complex transactions and referrals to prevent and detect financial crimes activities policy violations and suspicious situations with low to moderate risk.
- Perform analysis to detect patterns trends anomalies and schemes in transactions and relationships across multiple businesses or products.
- Receive direction from supervisor and exercise judgment within defined parameters while developing understanding of function policies procedures and compliance requirements.
- Draft report of findings and trend evaluation and make recommendations to mitigate risk.
- Provide information to managers functional colleagues and stakeholders.
- Conduct education for financial crimes awareness.
Required Qualifications:
- 6 months 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:
- Military experience with conducting investigations military police or security with focus in Anti-Money Laundering.
- Military experience writing Suspicious Activity Reports (SARs) or intelligence reports.
- Military experience researching and assessing questions process and procedures to make recommendations on solutions.
- Military experience with tracking information in multiple computer systems with high level of accuracy.
- Military experience resolving complex issues via written or verbal communication including but not limited to supply action requests updating personnel records answering benefit or pay questions resolving errors researching questions and other needs as requested by customers.
- Strong analytical skills with high attention to detail and accuracy.
- Advanced Microsoft Office (Word Excel Outlook and PowerPoint) skills.
- Excellent verbal written and interpersonal communication skills.
- Experience gathering analyzing and summarizing data.
- Ability to execute in a fast paced high demand environment while balancing multiple priorities.
- Ability to prioritize work meet deadlines and achieve goals.
- Ability to take initiative and work independently with minimal supervision in a structured environment.
- Effective at building and strengthening internal relationships with proven success collaborating with partners across the organization.
Job Expectations:
- Ability to work at one of the approved locations in the job posting.
- This position is not eligible for Visa sponsorship.
- This position offers a hybrid work schedule.
Job Locations:
- 600 S 4th Street Minneapolis Minnesota
U.S. only Pay Range:
Minneapolis Minnesota Pay Range: $23.13 - $41.11 Hourly
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.
$23.13 - $41.11Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits many of which are listed below. VisitBenefits - 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:
3 Jun 2025*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 units risk appetite and all risk and compliance program requirements.
Applicants with Disabilities
To request a medical accommodation during the application or interview process visitDisability 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.
Required Experience:
IC
Employment Type
Full-Time
