Wells Fargo Financial Crimes Consultant 2 in Concord, California

At Wells Fargo, we have one goal: to satisfy our customers’ financial needs and help them achieve their dreams. 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.

This Financial Crimes Consultant in Preliminary Investigations is responsible for conducting accurate and timely preliminary investigations related to alerts generated from centralized transaction monitoring programs and/or line of business Unusual Activity Referrals (UARs). A decision is made with each preliminary investigation to either close the item, or send it on for a full investigation. Internally the position is referred to as an Investigations Coordinator. This person will:

  • Use transactional and customer records from external data, publicly available information, along with various internal system resources and applications, to make a risk-based decision on the disposition of referrals related to fraud, money laundering, or other financial crime.

  • Identifies, researches, and analyzes financial crimes transactions and referrals which may be complex and include suspicious situations with moderate to high risk.

  • Performs detailed analyses to detect transactional and relationship patterns, trends, anomalies, and schemes across multiple businesses/products.

  • Ensure the integrity of documentation regarding the referrals, and that case assignments are in accordance to procedures.

  • May specialize in a particular type of financial crime.

This position requires an understanding of technology to perform research, which may include internet searches, as well as reviewing any negative news on the parties. In addition to reviewing customer transactions, the transaction review may include third parties (non-customers). In this position, the candidate may provide reports on data trending and analysis to management, and to other Wells Fargo lines of business. This person will be responsible for submitting findings and recommendations to management, and updating FCI management on the status of the FCI workflow, as well as leading and/or participating in projects to improve FCI processes and workflow.

Required Qualifications:

  • 3+ 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, with 1+ year of experience in the foregoing

Desired Qualifications:

  • Advanced Microsoft Office (Word, Excel, Outlook, and Access) skills

  • Basic Microsoft Excel skills

  • Excellent verbal, written, and interpersonal communication skills

  • Strong attention to detail and accuracy skills

  • Strong organizational, multi-tasking, and prioritizing skills

  • Certified Anti Money Laundering Specialist (CAMS)

  • Certified Fraud Examiner (CFE)

How to Express Interest in This Job: Wells Fargo invites you to apply for this job at https://employment.wellsfargo.com/psp/PSEA/APPLICANTNW/HRMS/c/HRSHRAM.HRSAPPSCHJOB.GBL?Page=HRSAPPJBPST&FOCUS=Applicant&SiteId=1&JobOpeningId=5395716&PostingSeq=1.

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.

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.