Senior Financial Crimes Specialist, Correspondent Banking

Job description

About this role: Wells Fargo is seeking a Senior Financial Crimes Specialist, to support due diligence over the bank’s correspondent banking relationships in the US and Canadian markets. The candidate would join a team of established risk management consultants reporting to a dedicated Regional Risk Officer in the US. The new hire would oversee coverage for a set of financial institutions, assessing any AML/CFT risks to these relationships through an end-to-end risk underwriting process in support of Corporate, CIB, and FIG policies. Learn more about career areas and business divisions at wellsfargojobs.com. In this role, you will: - Evaluate the strength of our client’s AML/CFT and sanctions compliance programs through the periodic review process. - Lead the periodic review process by drafting relationship memos, facilitating compliance calls, analyzing transaction activities, assessing adverse media, and researching and escalating any higher risk issues. - Proactively identify higher risk issues and work with relationship managers and senior risk officers to develop, document, and implement action plans. - Perform investigative research and root cause assessment on higher risk tr...