Senior Financial Crimes Specialist, Correspondent Banking (Bilingual Spanish)

Wells Fargo•St. Louis, MO

4d•Hybrid

About The Position

Wells Fargo is seeking a Senior Financial Crimes Specialist to support due diligence over the bank’s correspondent banking relationships in the US and Latin America markets. The candidate would join a team of established risk management consultants reporting to a dedicated Regional Risk Officer in the US and Latin America. 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.

Requirements

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.
Bilingual- fluency in Spanish (speaking, listening, and writing).

Nice To Haves

Fluent in Portuguese.
AML/OFAC Financial crimes background and/or experience with correspondent banking.
Experience supporting customer due diligence.
Knowledge and understanding of the FFIEC Exam Manual, CAMS certification, or other financial crimes certifications.
Excellent verbal, written, and interpersonal skills.
Bilingual - fluency in Portuguese.
Experience in managing AML/CFT risk in the Latin American region.
Strong analytical skills with high attention to detail and accuracy.
Knowledge of crypto-related AML and financial crimes typologies.
Experience with Microsoft Office, SharePoint, and other applications.
Ability to work independently and effectively in a dynamic and rapidly evolving environment.

Responsibilities

Lead the periodic review process by drafting relationship memos, facilitating compliance calls, analyzing transaction activities, and researching and escalating higher risk issues for correspondent bank customers in Latin America and the United States.
Evaluate the strength of our client’s AML/CFT and sanctions compliance programs.
Proactively identify risk issues and work with relationship managers and senior risk officers to develop, document, and implement action plans.
Stay attuned to industry and regional trends related to compliance issues, financial crimes, and regulatory actions.
Ensure complete, accurate, and timely documentation of customer data within the customer risk management system.
Support the bank’s efforts to combat cyber-crime and related typologies.
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 FIG’s customers and Wells Fargo.