Wells Fargo is seeking a Senior Business Accountability Specialist (SBAS) in Financial Crimes Operations as part of Enterprise Functions. Learn more about the career areas and lines of business at wellsfargojobs.com.
The Transactional Risk & Intelligence Group (TRIG) is a centralized function within Financial Crimes Operations that delivers actionable transactional analysis and intelligence reporting. TRIG is seeking a SBAS to perform transaction-based reviews of customers with elevated and complex risk profiles to generate actionable recommendations to line of business risk management teams. In this role, the SBAS will support in executing Financial Institutions Group (FIG) correspondent banking reviews, complex customer reviews, and industry portfolio reviews.
In this role, you will:
Conduct deep due diligence research on high-risk customers and analyze customer transactions and demographic data points to identify new or emerging customer financial crimes risks, and/or customers presenting a heightened risk within a portfolio.
Evaluate moderate to high complexity customer or portfolio reviews to determine appropriate level of escalation and ultimate recommendation, in consultation with manager/reviewer.
Work with 1,000s of rows and cells of data in Microsoft Excel to perform the analysis on datapoints ranging from geography to transactional values and volumes to relational data.
Work with the group's data partners, mid-level managers, and cross-functional business partners to develop strategies, techniques, and tools to facilitate the advancement of reviews.
Write bolstered observations and risk dispositions that help business partners better understand customer's behavior and manage the risk. Communicate findings and provide appropriate direction to manager/reviewer and business partners.
Participate in moderately to high complexity project initiatives.
Serve as an anti-money laundering/counter threat finance subject matter expert, and reviewer of reports for more junior members on the team.
Required Qualifications:
4+ years of risk management, business controls, quality assurance, business operations, compliance, or process experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Strong understanding of financial crimes risks
Knowledge of transactional products (wires, ACH, check, cash vault, etc.).
Demonstrated ability to evaluate financial crimes risks and to communicate relevant risk in a simple, decisive, timely and market-appropriate manner.
Ability to identify financial crimes and formulate actionable conclusions/recommendations.
Bachelor's degree in business, Finance, Accounting, Economics, National Security & Intelligence Studies or other relevant fields
Ability to think with a risk control mindset.
Strong verbal, written, and interpersonal communication skills.
Advanced MS Excel including the ability to manage extremely large and complex sets of transactional data.
Demonstrated ability to build strong partnerships across business units
Willingness to work on-site at stated location on the job opening
This position is not eligible for Visa sponsorship
Posting Locations:
301 S Tryon St, Charlotte, North Carolina
Posting End Date: 10 Oct 2024 *Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees 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.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
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To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
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