Financial Crimes Consultant 4 in New York, New York | DiversityInc Careers
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Financial Crimes Consultant 4

Job Description

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.

The Wholesale Financial Crimes Business Risk & Controls (WFCBRC) team is responsible for the coordination, oversight, and ultimate execution of Wholesale Banking’s commitments to key internal and external stakeholders as it relates to the management of financial crimes risk with the Wholesale Bank. In addition to having responsibility for Wholesale Banking’s execution of the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) program, WFCBRC is also responsible for the remediation of the OCC BSA/AML Consent Order.

This team will partner with line of business (LOB), operations, risk, and compliance team members, Wholesale Group Risk Office (in particular Financial Crimes Risk & Compliance), Enterprise Financial Crimes Risk Management, Wells Fargo Audit Services, and Testing & Validation to advocate and ensure alignment in scope, purpose, expectations and execution of the Wholesale Financial Crimes Program. The team will achieve this through a focus on strong communication, strategic planning, thoughtful and meaningful tracking/reporting, and timely escalation and change management.

The WFCBRC team works closely with each Wholesale Banking LOB to ensure strong and effective risk management and compliance programs are in place to manage our risks, meet regulatory requirements, and protect customer information. The Wholesale Financial Crimes Risk and Compliance (WFCRC) group sits within WFCBRC and its mission is to provide an objective view of the state of compliance operational risk across Wholesale Banking, as well as to support and ensure the effective and efficient execution of strong compliance and risk management programs in every Wholesale LOB. We work closely with the risk and compliance professionals in each Wholesale LOB and throughout Wells Fargo to ensure that Wholesale LOBs manage risks and meet regulatory requirements with respect to our customers, our company, and our communities.

Additionally, the WFCRC is responsible for the oversight of Wholesale’s financial crimes related risks: Anti-Bribery & Corruption (ABC), Anti-Money Laundering (AML) & Anti-Terrorist Financing, Bank Secrecy Act (BSA), Customer Due Diligence (CDD), Global Sanctions Programs, Internal & External Fraud, and Monitoring & Surveillance.

WFCRC houses the Product Risk Team which has an exciting opportunity for an experienced, forward-thinking Financial Crimes Consultant (FCC4). The FCC4 reports directly to the Product Risk Team Manager and will have the following key responsibilities:

  • Assist the WFCRC Product Risk Team Manager in the development, advancement, management, and maintenance of the AML product risk compliance program for the WFCRC
  • Communicate standards, policy interpretations, and performance expectations that drive consistent, sustainable AML and product risk compliance management across Wholesale Banking in accordance with all relevant corporate policies and guidelines
  • Support LOBs by answering queries related to product assessment reviews in a timely, accurate, and complete manner
  • Maintain a broad knowledge of Wholesale products by performing research, resulting in a comprehensive understanding of product nuances
  • Work closely with partners in Risk and Compliance, Financial Crimes, Legal, and AML Compliance to keep abreast of regulatory guidance and rulings, enforcement actions and penalties, as well as maintain an understanding of current events and international affairs
  • Assist in the creation and development of materials to be utilized upon the performance of Product Risk Assessment reviews
  • Assist in the development and implementation of new policies, procedures, and controls in order to address new legislative or regulatory requirements in partnership with the business



Required Qualifications

  • 6+ 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 and 4+ years experience in the foregoing

Desired Qualifications

  • Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong research and documentation skills
  • Certified Anti Money Laundering Specialist (CAMS)
  • Knowledge and understanding of compliance and legal requirements: protecting customers, Anti Money Laundering (AML), and fraud risk
  • Experience communicating and presenting complex information to multiple levels of the organization
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Strong time management skills and ability to meet deadlines
  • Superior project management skills including the ability to handle multiple projects concurrently
  • Ability to identify and manage complex issues and negotiate solutions within a geographically dispersed organization

Other Desired Qualifications
  • Ability to navigate ambiguity and maintain momentum, driving for results and clarity in uncertain situations
  • Proactive self-starter who values personal accountability and thrives under pressure in a fast-paced and demanding environment
  • 2+ years of AML related experience a plus


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.