About this role:
Wells Fargo is seeking a Financial Crimes Associate.
In this role, you will:
- Participate in and provide support for low complexity initiatives
- Investigate, negotiate and mitigate potential or known moderate dollar loss or risk claims with customer suspects
- Examine evidence and work with more difficult customers or collect losses from responsible party
- Examine fraud findings to determine extent of fraud risk
- Review issues and policies or procedures for which answers can be quickly obtained related to lower risk tasks and deliverables with narrower impact
- Research and scrutinize complex transactions and referrals to prevent and detect financial crimes activities, policy violations and suspicious situations with low to moderate risk
- Perform analysis to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses or products
- Receive direction from supervisor and exercise judgment within defined parameters while developing understanding of function, policies, procedures, and compliance requirements
- Draft report of findings and trend evaluation and make recommendations to mitigate risk
- Provide information to managers, functional colleagues and stakeholders
- Provide litigation support, under guidance by more experienced colleagues, by providing support documentation, testimony and evaluating cases for potential risk
- Conduct education for financial crimes awareness
Required Qualifications:
- 6+ months of Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, Corruption experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Experience in Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, Corruption, or equivalent demonstrated through one or a combination of the following: work experience, training, education
Desired Qualifications:
- Risk and regulatory compliance experience
- BSA/AML experience
- Experience with BSA/AML/OFAC laws and regulations
- Experience working with laws, rules and regulations within regulatory guidelines or policies
- Microsoft Office skills
- Strong analytical skills with high attention to detail and accuracy
- Excellent verbal, written, and interpersonal communication skills
- Ability to achieve high production and quality standards
- Certified Anti Money Laundering Specialist (CAMS)-desirable but not mandatory.
- Knowledge of Fircosoft rule creation and exception creation desirable
- Knowledge of Sanction Payment screening.
Job Expectations:
- Escalate key maintenance errors identified during evaluation & validation process and ensure resolution of same, reviewing programs, processes, documentation, to ensure compliance with internal company requirements or government regulations
- Review systems to ensure company standards are met, exceptions are notated, and issues escalated as necessary
- Assist in development and design of product specific databases
- Review and evaluate work
- Prepare calibration feedback and facilitate calibrations across the team to ensure consistency of quality evaluations delivered to clients
- Monitor quality assurance programs and processes to identify gaps and risk assessment
- Make final evaluation decisions on disputes which impact quality results
- Interact with staff and business partners to promote teamwork and departmental effectiveness
- Effectively manage a personal work queue and consistently deliver error free quality control reviews.
- Examine and analyze programs, processes, and/or files of unusual, complex and/or higher risk transactions to ensure compliance with internal company requirements and/or agency or government regulations.
- Clearly communicate overall process or transaction quality and provide feedback to appropriate contacts regarding identified material deficiencies or issues including identification of inconsistencies.
- Analyze risks and offset and develop solutions for problems identified.
- Work directly with peers and leaders throughout all groups within the Global Sanctions Office.
- Must be detail - oriented, flexible, and open minded and creative in problem solving approach.
- Able to articulate a complex problem, design, build and implement a solution and communicate in clear business terms the benefits of the proposed risk management approach.
- Must possess exceptional communication skills.
- Ability to learn, grasp, and understand intricate details of the Global Sanctions Screening & Reporting process, Credit Investigations, and the Enhanced Due Diligence.
Posting End Date:
14 May 2026
*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. 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.
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 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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
