Senior Financial Crimes Specialist, Correspondent Banking (Bilingual Spanish)

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 Latin America markets. The candidate will join a team of established risk management consultants reporting to a dedicated Regional Risk Officer in the US and Latin America. The new hire will 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 wellsfsfjobs.com. In This Role, You Will:

• Lead the periodic review process by drafting relationship memos, facilitating compliance calls, analyzing transaction activities, and researching and escalating higher risk issues for correspondent bank customers in Latin America and the United States.
• Evaluate the strength of our client's AML/CFT and sanctions compliance programs.
• Proactively identify risk issues and work with relationship managers and senior risk officers to develop, document, and implement action plans.
• Stay attuned to industry and regional trends related to compliance issues, financial crimes, and regulatory actions.
• Ensure complete, accurate, and timely documentation of customer data within the customer risk management system.
• Support the bank's efforts to combat cyber-crime and related typologies.
• Support the focus of 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 FIG's customers and Wells Fargo.

Required Qualifications

• 4+ years 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.
• Bilingual- fluency in Spanish (speaking, listening, and writing).

Desired Qualifications

• Fluent in Portuguese.
• AML/OFAC Financial crimes background and/or experience with correspondent banking.
• Experience supporting customer due diligence.
• Knowledge and understanding of the FFIEC Exam Manual, CAMS certification, or other financial crimes certifications.
• Excellent verbal, written, and interpersonal skills.
• Bilingual - fluency in Portuguese.
• Experience in managing AML/CFT risk in the Latin American region.
• Strong analytical skills with high attention to detail and accuracy.
• Knowledge of crypto-related AML and financial crimes typologies.
• Experience with Microsoft Office, SharePoint, and other applications.
• Ability to work independently and effectively in a dynamic and rapidly evolving environment.

Job Expectations

• This position offers a hybrid work schedule.
• The position is not eligible for visa sponsorship.
• Candidates must successfully complete and pass a background check before hire.
• The position is subject to FINRA background screening requirements.
• Potential of travel up to 10% of the time.
• Must complete and pass a validated language assessment.
• Employees must meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.

Pay Range

• Arizona- Tempe: $87,000- 140,000.00 USD Annually
• Iowa- West Des Moines: $87,000- 140,000.00 USD Annually
• North Carolina - Charlotte: $87,000- 140,000.00 USD Annually
• Minnesota - Minneapolis: $96,000.00 - 154,000.00 USD Annually
• Missouri - St Louis: $87,000.00-140,000.00 Annually
• Texas-Irving: $87,000- 140,000.00 USD Annually

Benefits

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Drug and Alcohol Policy
• Drug and Alcohol Policy
• Referral Program
• Employee Assistance Program
• Learning and Development Programs
• Wellness Programs
• Flexible Spending Accounts
• Retirement Savings Plans
• Life Insurance
• Short-Term Disability
• Long-Term Disability
• Accident Insurance
• Parental Leave
• Critical Caregiving Leave
• Discounts and Savings
• Commute Benefits
• Tuition Reimbursement
• Scholarships for Dependent Children
• Adoption Reimbursement