Senior Financial Crimes Specialist, Correspondent Banking

Wells Fargo Bank•Charlotte, NC

1d•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 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.

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

Nice To Haves

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)

Responsibilities

Evaluate the strength of our client’s 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 bank’s customer risk management system.
Support the bank’s 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 FIG’s customers and Wells Fargo.