Financial Crimes Associate

Wells Fargo • Tempe, AZ

92d • $27 - $41 • Hybrid

About The Position

Wells Fargo is seeking a Financial Crimes Associate in Financial Crimes Investigations as part of Independent Risk Management. This is an exciting opportunity to join the Financial Crimes Investigations department as 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.

Requirements

• 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.

Nice To Haves

• Fraud, Anti-Money Laundering (AML), and/or Bank Secrecy Act (BSA) experience.
• Experience conducting financial crimes investigations and filing SARs for either AML or Fraud cases.
• Experience with the Financial Crimes Investigations team.
• Strong analytical skills with high attention to detail and accuracy.
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills.
• Experience working with Hogan, SVP and other Wells Fargo systems.
• 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 read, analyze, and interpret documents/reports.
• 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.
• Experience with financial crimes monitoring and surveillance activities and systems.
• Strong time management skills and ability to meet deadlines.
• Certified Anti-Money Laundering Specialist (CAMS) and/or Certified Fraud Examiner (CFE) certification.

Responsibilities

• 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.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: No Education Listed
• Number of Employees: 1,001-5,000 employees