Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Market Job Description
About Wells Fargo India
Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA., by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We are operating in Hyderabad, Bengaluru and Chennai locations.
Enterprise Operational Support (EOS): Executes risk mitigation and centralized operations (e.g., currency transaction reporting, review of credit requests for compliance to Reg O) in support of selected high risk enterprise processes and programs; identifies, assesses and escalates operational, financial crimes and other compliance risks; leads or assists in resolving significant regulatory risks/ issues. The Customer Data Management Program is focused on efforts related to Customer Data Management strategy, Regulatory data integrity oversight, and overall due diligence of new opportunities. The team works in partnership with Data Management & Insights, Financial Crimes Risk Management, Corporate Finance, Corporate Risk, Technology, and our Line of Business partners to develop an integrated, multiyear, regulatory, customer data management roadmap and establish a Center of Excellence to serve as the validation and conflict remediation source of customer information.
About the Role
Internally this role is know as Financial Crime Specialist 2. Financial Crimes Specialists will review/remediate customer data elements based on established procedures. Perform research on cases using various applications like HOGAN, DIPR and LexisNexis. Identify control failures in the current processes, procedures or team member's decisions; take accountability for the action or the decisions made while reviewing the case.
Working all complexities and risk levels: Low, Medium and High priority cases
Conducting research in Hogan (3270 Screens) and other research tools as necessary to verify information.
Regularly conferring with CDMSP Management , making recommendations to improve overall efficiency and performance
Communicating important developments to leadership that may jeopardize overall business objectives in a timely manner
Monitoring and keeping Management advised of new and emerging trends and patterns seen in investigations of the team
Achieve / exceed the set productivity targets and Quality targets. Complete tasks within process specific TAT
Market Skills and Certifications
Should be a graduate with knowledge/experience in one or a combination of the following: Knowledge of Bank Secrecy Act, Anti-money laundering, banking back office operations.
Strong communication skills.
Proficient in Microsoft Office (Word, Excel, Outlook) skills.
Exhibits commitment to the company.
Fosters team work.
Demonstrates a high degree of reliability, integrity, and trustworthiness in all areas.
Ability to navigate multiple computer systems, applications, and utilize search tools to find information
Demonstrated knowledge of multiple Wells Fargo banking products.
Display a willingness to learn new policies, procedures and processes
Experience reviewing banking transactions
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Internal Number: 55422BR
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo