Senior Financial Crimes Specialist, Sanctions Transactional Screening

Job Description

About this role:

Wells Fargo is seeking a Senior Financial Crimes Specialist to join the Global Sanctions Organization within Financial Crimes Risk Management. Learn more about career areas and business divisions at www.wellsfargojobs.com. The Senior Financial Crimes Specialist will be responsible for supporting OFAC regulations, specialized screening, and key initiatives for the Sanctions Program.

In this role, you will:

• Lead or participate in moderately complex initiatives and deliverables within functional area and contribute to large-scale planning related to functional area deliverables

• Investigate, research, examine, and report complex financial crimes transactions, policy violations and suspicious situations with high levels of risk

• Perform risk evaluation 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 resulting fraud prevention strategies

• Perform investigative research, root cause assessment and consulting regarding highly 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

• Resolve moderately complex issues and lead a team to meet deliverables

• Partner closely with leadership to develop strategies to minimize financial crime portfolio risk through innovative methods with the ultimate goal of maximizing profits

• Provide leadership within the team

• Serve as a liaison and represent the organization in handling court appearances, depositions, mediations, and arbitrations

• Collaborate and consult with peers, colleagues and mid-level managers to resolve issues and achieve goals

• Lead projects, teams or serve as a mentor for less experienced staff

• Develop and deliver a wide range of training for individuals involved in issue detection

• Interact internally and externally to conduct investigations or to address risk management

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:

• 4+ years of banking industry experience.

• 4+ years of experience with BSA/AML/OFAC laws and regulations. 

• Experience with sanctions screening processes, OFAC regulations, investigations, workflows and programs.

• In-depth knowledge and understanding of Office of Foreign Assets Control sanctions programs.

• Experience with international and/or domestic products and services including wire transfers, foreign exchange, trade services and ACH.

• Experience with LexisNexis, World-Check, Hogan and SVP.

• Ability to work in a fast-paced deadline driven environment.

• Experience with GSMOS and/or Firco Soft sanction screening tools.

• Ability to handle complex issues and make risk-based decisions.

• WF AML/Sanctions Credential, ACAMS, CFE or CRCM designation.

• Ability to execute in a fast paced, high demand, environment while balancing multiple priorities.

• Excellent verbal, written, and interpersonal communication skills.

• Proven critical thinking and analytical skills, including strong decision-making, problem-solving, and strong leadership skills.

• Advanced level experience with Access, PowerPoint, Excel, and Word.

• Project management/User-Acceptance testing experience.

Job Expectations:

• This position is not eligible for Visa sponsorship.

• This position offers a hybrid work schedule.

• Ability to work additional hours as needed.

• User acceptance testing on weekends as needed.

• Work hours of 11am- 8 pm Eastern

Job posting may come down early due to volume of applicants

U.S. only – Pay Range:

Minneapolis – Minnesota Pay Range: $96,000- 154,000 USD annual

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not li