Senior Financial Crimes Specialist, Economic Sanctions

About this role:

Wells Fargo is seeking a Financial Crimes Specialist within the Global Sanctions Office Customer Screening team to perform 2nd line of defense oversight of, and review sanctions alert escalations from, Financial Crimes Operations.

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

In this role, you will:

• Evaluate the adequacy and effectiveness of policies, procedures, processes and internal controls
• Conduct reviews, document review findings, determine risk level and recommend risk prevention strategies
• Review and assess business, operational, or technical assignments or challenges that require research, evaluation, and selection of alternatives, and exercise independent judgment to guide medium risk deliverables
• Perform investigative research, root cause evaluation and consulting regarding complex financial crimes transactions, policy violations and suspicious situations with moderate to high risk
• Present recommendations for resolving more complex situations and exercise independent judgment while developing full knowledge proficiency in the function, policies, procedures and compliance requirements
• Take action on control failures in bank processes and procedures
• Collaborate and consult with associates on all levels
• Lead, participate in and provide support for projects and initiatives

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:

• Corporate Risk Experience
• Strong knowledge of OFAC, BSA, AML, KYC/CIP/CDD/EDD regulations
• Experience with sanctions screening software and tools
• Data analysis skills and experience with metrics dashboards
• Ability to challenge alert review decisions and escalate risks to management

Job Expectations:

• This position offers a hybrid work schedule.
• This position is not eligible for Visa sponsorship

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
• Pennsylvania--Philadelphia Pay Range: $96,000- 154,000 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.