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Financial Crimes Consultant 4

Expired Job

Wells Fargo Minneapolis , MN 55415

Posted 7 days ago

Job Description:

At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. We focus on three key risk areas: credit risk, operational risk, and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take appropriate action when business activities exceed the risk tolerance of the company.

Team members 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.

This Financial Crimes Consultant 4 (FCC4) will be part of the Emerging Risk team within Corporate Banking Group's (CBG) Enhanced Due Diligence (EDD) team in CBG Financial Crimes. The Emerging Risk team manages High Risk Customer Industries (MSBs, TPPs, Casinos, etc.), handles portfolio due diligence escalations that come from Wholesale's Transactional Risk & Intelligence team, and works with CBG sub-LOBs/verticals on CDD/EDD matters, primarily High Risk Attribute (HRA) assessments and Single Attribute Risk Factor (SARF) Due Diligence.

The primary responsibilities of this role will be to:

  • Handle portfolio due diligence escalations that come from Wholesale's Transactional Risk & Intelligence team.

  • Review CBG specific risk escalation cases and ensure open cases are completed fully and timely.

  • Assess the case risk factors and determine if CBG will respond, as per Transactional Risk & Intelligence team's recommendation, or appeal and propose an alternative.

  • Work and communicate with relationship management teams and support staff to research escalations and ensure that all relevant information is incorporated into the response to the Transactional Risk & Intelligence team.

  • Input information into the Electronic Case Management (ECM) platform (writing and submitting responses to Transactional Risk & Intelligence), ensuring all responses are complete and timely, and fully address Transactional Risk & Intelligence team's questions and concerns.

  • Perform proactive customer and portfolio reviews for the benefit of CBG's sub-LOBs/verticals to help them identify and mitigate risks in the CBG LOB.

  • Work on various projects, assignments, and short-term requests, as needed.

Preferred Locations: Charlotte, NC; Minneapolis, MN; West Des Moines, IA; however other locations within the WF footprint and telecommute will be considered.

Required Qualifications

  • 6+ years of experience in one or a combination of the following: fraud, Bank Secrecy Act, anti money laundering, investigations of financial crimes transactions or policy violations, risk management, or compliance; or a BS/BA degree or higher in applied sciences, mathematics, statistics, economics, finance or criminal justice and 4+ years experience in the foregoing

Desired Qualifications

  • Ability to take initiative and work independently with minimal supervision in a structured environment

  • Excellent verbal, written, and interpersonal communication skills

  • Strong analytical skills with high attention to detail and accuracy

  • Certified Anti Money Laundering Specialist (CAMS)

Other Desired Qualifications

  • Experience working in Emerging Risk, a Financial Intelligence Unit, or Financial Crimes Investigations

  • Knowledge of Wholesale Banking, Corporate Banking

  • Ability to work collaboratively and interact with various sub-LOBs, WFCRC, FCRM, etc.

  • Knowledge and understanding of AML, BSA, and OFAC compliance

  • Investigative/research experience in Financial Crimes


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.


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Financial Crimes Consultant 4

Expired Job

Wells Fargo