Financial Crimes Consultant 3 - Intelligence Analyst

  • Company: Wells Fargo
  • Location: Oakland, California
  • Posted: September 08, 2017
  • Reference ID: 5355167-1
Job Description

It starts with you. Our goal is to attract, develop, retain and motivate the most talented people - those who care and who work together as partners across business units and functions. We value and promote diversity and inclusion in every aspect of our business and at every level of our organization.

Corporate Risk provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, this group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.

Financial Crimes Risk Management (FCRM) is responsible for oversight of the company’s financial crimes related risk: Bank Secrecy Act (BSA), anti-money laundering and terrorist financing, anti-bribery and corruption, the Office of Foreign Assets Control, other global sanctions programs, internal and external fraud, and the Foreign Account Tax Compliance Act.

The Global Financial Crimes Intelligence Group (GFCIG) is part of Financial Crimes Risk Management (FCRM). GFCIG was created in 2010 to focus on the risks associated with Wells Fargo’s global correspondent banking relationships around the world, the products utilized by those banks, the transactions conducted through those banks and the countries and regions through which transactions are facilitated and relationships are maintained. GFCIG’s mission is to assess the risks associated with these relationships and provide meaningful, actionable information and recommendations to our colleagues in FCRM, compliance, and the lines of business.

The Intelligence Analyst position is responsible for

  • Developing an understanding of the economic, political, social and regulatory environments of the various regions that are represented in Wells Fargo’s Global Financial Institution (GFI) portfolio and their collective affect on Wells Fargo s customer, product and transactional presence in the regions.
  • Developing and maintaining relationships with other groups within FCRM, compliance, and the lines of business, in particular the GFI Relationship Risk Officer(s) (RRO) associated with the various global regions.
  • Understanding the underlying complex systems, and data associated with Wells Fargo
  • Performing detailed analyses to detect complex patterns, trends, anomalies and schemes as they relate to Wells Fargo’s relationships across the global correspondent banking portfolio,
  • Providing detailed, well-written reports to management that effectively communicate concerns and recommend plans of action.
  • Conduct investigations and files SARs as needed to assist Financial Crimes Investigations.

Candidates for this position must have an understanding of, and the ability to use technology to perform in-depth research. The analyst will assist management in designing improvements in processes and develop/conduct/assist with a wide range of BSA/AML-related training. Additionally the successful candidate must develop an understanding of existing monitoring and surveillance programs and recommend necessary changes or enhancements.

Required Qualifications

  • 4+ 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 2+ years of experience in the foregoing

Desired Qualifications

  • A BS/BA degree or higher
  • Ability to work effectively, as well as independently, in a team environment
  • Advanced Microsoft Access skills
  • Advanced Microsoft Excel skills
  • Excellent technical skills
  • Excellent verbal, written, and interpersonal communication skills
  • Knowledge and understanding of Anti Money Laundering (AML) and terrorist financing regulations and programs
  • Knowledge and understanding of relational databases: SQL
  • Strong project management skills
  • Strong research skills
  • Certified Anti Money Laundering Specialist (CAMS)
  • Multilingual speaking ability in one or more languages in addition to English

Other Desired Qualifications
  • Experience in and a strong understanding of Global Correspondent Banking
  • Familiarity in using in-house software and AML compliance monitoring systems such as Fortent and Financial Crimes Platform (FCP)
  • Experience in preparation of SARs
  • Knowledge of Wells Fargo Lines of Business, specifically Wholesale and WIM
Job Expectations

  • Ability to travel internationally


    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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