Senior Financial Crimes Specialist, Correspondent Banking

About this role:

Wells Fargo is seeking a Senior Financial Crimes Specialist to support due diligence over the banks correspondent banking relationships in the US and Canadian markets. The candidate would join a team of established risk management consultants reporting to a dedicated Regional Risk Officer in the US. The new hire would oversee coverage for a set of financial institutions assessing any AML/CFT risks to these relationships through an end-to-end risk underwriting process in support of Corporate CIB and FIG policies. Learn more about career areas and business divisions at .

In this role you will:

• Evaluate the strength of our clients AML/CFT and sanctions compliance programs through the periodic review process.
• Lead the periodic review process by drafting relationship memos facilitating compliance calls analyzing transaction activities assessing adverse media and researching and escalating any higher risk issues.
• Proactively identify higher risk issues and work with relationship managers and senior risk officers to develop document and implement action plans.
• Perform investigative research and root cause assessment on higher risk transactions and/or policy violations.
• Stay attuned to industry trends and best practices in financial crimes compliance and AML/sanctions including any regulatory developments in the US and internationally.
• Ensure complete accurate and timely documentation of customer data within the banks customer risk management system.
• Support the banks efforts to combat cyber-crime fraud investment scams and related typologies.
• Lead projects teams or serve as a mentor for less experienced staff.
• Support the focus of 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 FIGs customers and Wells Fargo.

Required Qualifications:

• 4 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:

• AML/CFT and sanctions compliance background (or other financial crimes experience)
• Experience performing customer due diligence and transaction investigations
• Understanding of correspondent banking markets
• Bachelors or Masters degree in finance economics criminal science or applied sciences a plus
• Knowledge of financial crimes related typologies
• Excellent written verbal and interpersonal skills
• Strong analytical skills with attention to detail and accuracy
• Experience with Microsoft Office Excel SharePoint and other applications
• Ability to work independently and effectively in a dynamic and rapidly evolving environment
• Knowledge of the FFIEC Exam Manual and CAMS certification a plus (or other financial crimes certifications)

Job Expectations:

• This position offers a hybrid work schedule
• This position is not eligible for Visa sponsorship
• Potential of travel up to 5-10% of the time
• This position is subject to FINRA Background Screening Requirements including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 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.

Job posting may come down early due to volume of applicants

US Only Pay Range:

• Arizona- Tempe Pay Range: $87000- 140000.00 USD Annually
• Iowa- West Des Moines Pay Range: $87000- 140000.00 USD Annually
• North Carolina Charlotte Pay Range: $87000- 140000.00 USD Annually
• Minnesota Minneapolis Pay Range: $96000..00 USD Annually
• Missouri St Louis Pay Range: $87000.00-140000.00 Annually
• Texas-Irving Pay Range: $87000- 140000.00 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 demonstrated examples of prior performance skills experience or work location. Employees may also be eligible for incentive opportunities.

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 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.