Financial Crimes Associate Manager
About the job
About This Role Wells Fargo is seeking a Financial Crimes Associate Manager In This Role, You Will • Supervise entry to mid level roles in transactional or tactical less complex tasks and processes to ensure timely completion, quality and compliance • Manage the implementation of procedures, controls, analytics and trend analysis to ensure identification, prevention execution, detection, investigation, recovery, government and internal reporting of financial crime activity • Maintain awareness of financial crimes activity companywide and ensure all issues are proactively addressed, and escalated where necessary • Ensure compliance with regulatory requirements such as Bank Secrecy Act, USA PATRIOT Act, and FACTA • Identify opportunities for process improvement and risk control development in less complex functions • Manage a risk based financial crimes program or functional area with low to moderate risk and complexity • Lead implementation of multiple complex initiatives with low to moderate risk • Make supervisory and tactical decisions and resolve issues related to team supervision, work allocation and daily operations under direction of functional area management • Leverage interpretation of policies, procedures, and compliance requirements • Collaborate and consult with peers, colleagues and managers • Ensure coordination with team, line of business, other business units, Audit, and regulators on risk related topics • Manage allocation of people and financial resources for Financial Crimes • Mentor and guide talent development of direct reports and assist in hiring talent Required Qualifications • 2+ 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 • 1+ years of Leadership experience • 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, military experience, education Desired Qualifications • Education, Experience and Domain knowledge: • At a minimum Bachelor’s degree in Finance, Business Administration, Law, Criminal Justice, or a related field. Professional certifications such as ACAMS (Anti-Money Laundering Specialist) or Certified Global Sanctions Specialist (CGSS) or CAMS-FCI (Certified Anti-Money Laundering Specialist - Financial Crime Investigator) are highly desirable. • 1 year and above experience in People Management. • experience in payment / transaction sanctions screening within a financial institution or fintech company. (this is different from the KYC / Name Screening for Sanctions) • Proficiency in using sanctions screening software and tools (e.g., Fircosoft, Actimize etc.,). • Strong research skills for investigating potential/true match scenarios via public domain and tool-based searches (Lexis Nexis) • In-depth expertise in global sanctions regimes (OFAC, UN, EU, HMT, etc.) and their practical application to diverse financial products and transactions. • Comprehensive understanding of ISO 20022 SWIFT messaging, payment systems, and international payment flows. Job Expectations • Performance Management: Proficient in handling Performance and KPI for the entire team along with handling conflicts/issues. • Governance: Expert in preparing metrics for the consumption of Senior Management as well as be Audit ready. • Quality Checks and Training: Expert in performing Quality control checks and Training for the overall process. • Flexibility & adaptability: Ability to work in a dynamic fast paced environment • Eye for detail: Focus on quality & error-free delivery through a keen eye for detail • Excellent communication (written and verbal) and with an ability to write comprehensive disposition narratives • In office & night shift work arrangement: Open to work in Night Shift (9:30 PM IST to 6:30 AM IST) and from office all 5 days of the week. Reference Number R-527233
About the company
Wells Fargo is a diversified, community-based financial services company that provides a range of financial products and services. The company has a long history of innovation and commitment to customer satisfaction.
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