Job Description

About this role: Wells Fargo is seeking a Financial Crimes Specialist... This is with our Corporate Politically Exposed Person (PEP) Team. Responsibilities of the Financial Crimes Specialist includes but are not limited to making determinations on PEP status, assessing PEP risk levels, and documenting rationale related to PEP determinations and PEP risk levels. In this role, you will: Participate in complex initiatives and identify opportunity for process improvements within scope of responsibilities Perform risk assessment and modeling to provide input and recommendations for financial crimes strategies and models Evaluate the adequacy and effectiveness of policies, procedures, processes and internal controls Conduct data and onsite reviews, review findings, determine risk level and recommend fraud 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 Perform detailed examination to detect transactional and relationship patterns, trends, anomalies and schemes across multiple businesses or products Act as an escalation point for more complex cases 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 Represent organization in handling court appearances, depositions, mediations, and arbitrations Collaborate and consult with associates on all levels Lead, participate in and provide support for projects and initiatives Provide input to development and delivery of a wide range of individual education for financial crimes awareness Prepare documentation and refer cases for Suspicious Activity, Identity Theft Operations and Suspected Financial Abuse, reports to government agencies and makes recommendations to management Required Qualifications, International: Experience in Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, Corruption, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education. 3-5 years\' experience in Financial Crimes - KYC Periodic Review/Client Onboarding, Sanctions, PEP, Negative News Screening etc. demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: Anti -Money Laundering (AML) / Bank Secrecy Act (BSA) experience including strong knowledge and understanding of Customer Due Diligence and Political Exposed Persons (PEP) requirements related to determination of PEP status and assessment of PEP risk. Experience with interpreting and analyzing PEP related World Check and World Compliance reports. Experience conducting Financial Crimes related research, analyzing the results of the research, and summarizing the results of the research and analysis in a clear and concise manner. Strong analytical skills with high attention to detail and accuracy Strong verbal and written communication skills Ability to identify, cross-reference, and articulate ambiguous information and act accordingly. Ability to execute in a fast paced, high demand, environment while balancing multiple priorities. Ability to think strategically, implement, and deliver business objectives. Strong time management skills and ability to meet deadlines. Microsoft Office (Word, Excel, and Outlook) skills Posting End Date: We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law. 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. Candidates applying to job openings posted in US: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. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. Applicants with Disabilities To request a medical accommodation during the application or interview process, visit . Drug and Alcohol Policy Wells Fargo maintains a drug free workplace. Please see our to learn more.

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