In this role, you will:
- Participate in and provide support for low complexity initiatives
- Investigate, negotiate and mitigate potential or known moderate dollar loss or risk claims with customer suspects
- Examine evidence and work with more difficult customers or collect losses from responsible party
- Examine fraud findings to determine extent of fraud risk
- Review issues and policies or procedures for which answers can be quickly obtained related to lower risk tasks and deliverables with narrower impact
- Research and scrutinize complex transactions and referrals to prevent and detect financial crimes activities, policy violations and suspicious situations with low to moderate risk
- Perform analysis to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses or products
- Receive direction from supervisor and exercise judgment within defined parameters while developing understanding of function, policies, procedures, and compliance requirements
- Draft report of findings and trend evaluation and make recommendations to mitigate risk
- Provide information to managers, functional colleagues and stakeholders
- Provide litigation support, under guidance by more experienced colleagues, by providing support documentation, testimony and evaluating cases for potential risk
- Conduct education for financial crimes awareness
Required Qualifications:
- 6+ months 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:
- 6+ months of relevant experience in Financial Crimes – AMLInvestigations/TransactionMonitoring, Operational Risk in financial institution.
- Strong understanding on AML model scenarios/model that involve transaction monitoring, review and investigation summary
- Strong ability to identify red flags, validate, research, and analyze data.
- Strong critical thinking & analytical skills with high attention to detail and accuracy
- Excellent verbal, written, and interpersonal communication skills
- Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
- Ability to develop partnerships and collaborate with team members from functional areas
- Ability to take on a high level of responsibility, initiative, and accountability.
- Experience in only KYC, Sanctions & PEP Screening – need not apply.
Job Expectations:
- Strong understanding of AML model scenarios/model that involve transaction monitoring, review and investigation summary
- Ability to provide learning, feedback and communicate effectively with the team members.
- Strong ability to identify red flags, validate, research, and analyze data.
- Strong critical thinking & analytical skills with high attention to detail and accuracy
- Excellent verbal, written, and interpersonal communication skills
- Document control findings, observations, and recommendations in a clear and organized manner.
- Act as a point of contact for all MIS reporting.
- Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
- Ability to develop partnerships and collaborate with team members from functional areas
- Ability to take on a high level of responsibility, initiative, and accountability.
10 Jul 2025
Wells Fargo Recruitment and Hiring Requirements:
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.