| Financial Crimes Consultant 3 - Program Execution Quality Assurance in Minneapolis, MN

Financial Crimes Consultant 3 - Program Execution Quality Assurance

  • Wells Fargo
  • $91,420.00 - 142,490.00 / Year *
  • 3720 Bloomington Ave
  • Minneapolis, MN 55407
  • Full-Time
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Job Description

At Wells Fargo, we want to satisfy our customers financial needs and help them succeed financially. 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 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, 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.

The WFCRC houses the Wholesale Banking Financial Crimes and Compliance Program Execution Team which has an exciting opportunity for an experienced, forward-thinking Financial Crimes Consultant (FCC). This FCC3 will be a Program Execution Quality Assurance Consultant reporting directly to the Program Execution Quality Assurance Manager and will participate in testing, monitoring, and quality assurance, or work performed by Wholesale LOBs and by WFCRC supporting risk roles.

The Program Execution Quality Assurance Consultant will have the following key responsibilities:

  • Perform review activities related to CDD and other Financial Crimes activities
  • Perform review activities that will provide reasonable assurance that controls are designed and operating effectively
  • Follow and execute sampling strategy/methodologies for review activities
  • Ensure all review results are stored in standard
  • Raise issues to management to ensure Corrective Actions can be created
  • Ensure review activity results follow 3 tiered rating scale

Prefered locations are: Charlotte, NC; Minneapolis, MN; Salt Lake City, UT; however other Wells Fargo footprint locations will be considered.

Team members 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.

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 articulate complex concepts in a clear manner
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
  • Certified Anti Money Laundering Specialist (CAMS)

Other Desired Qualifications
  • Wholesale Line Of Business experience a plus
  • Knowledge of Wholesale Banking products and services
  • AML related experience a plus
  • Demonstrated ability to work as part of a team
  • Demonstrated ability to actively participate in projects/discussions and problem solving, and assist with making decisions that are in the best interest of the Company and the customers
  • Proven track record of living the Core Values and holding other team members accountable for living the Core Values
  • Advanced skills in Microsoft Office: Word, Excel, PowerPoint, Visio, and MS Project
  • Proven track record of meeting deadlines with attention to detail and quality deliverables
  • Ability to interact with all levels of an organization
  • Regulatory and Financial Crimes Compliance experience a plus
  • Significant experience with regulatory focused documentation

Job Expectations

  • Ability to travel up to 10% of the time


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.

Associated topics: business, business advisory, business analysis, business systems analyst, client, consultant, crm, information technology consultant, marketing, senior consultant

* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.