Senior Financial Crimes Specialist, Correspondent Banking (Bilingual Spanish)

About this role:

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. Learn more about career areas and business divisions at wellsfargojobs.com.  

In this role, you will:

• 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

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

Desired Qualifications:

• 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

Job Expectations:

• This position offers a hybrid work schedule.
• This position is not eligible for Visa sponsorship
• Potential of travel up to 10% of the time
• Must complete and pass a validated language assessment
• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents

Job posting may come down early due to volume of applicants

US Only Pay Range:

• Arizona- Tempe Pay Range: $87,000- 140,000.00 USD Annually
• Iowa- West Des Moines Pay Range: $87,000- 140,000.00 USD Annually
• North Carolina – Charlotte Pay Range: $87,000- 140,000.00 USD Annually
• Minnesota – Minneapolis Pay Range: $96,000.00 – 154,000.00 USD Annually
• Missouri – St Louis Pay Range: $87,000.00-140,000.00 Annually
• Texas-Irving Pay Range: $87,000- 140,000.00 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.

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - 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:

*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 unit’s risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability 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.