Job Information
Wells Fargo TRIG Business Accountability Specialist in CHARLOTTE, North Carolina
About this role:
Wells Fargo is seeking a Business Accountability Specialist to support Transactional Risk and Intelligence Group (TRIG) in performing transaction-based reviews of customers with elevated and complex risk profiles to generate actionable recommendations to line of business risk management teams.
In this role, you will:
Conduct analysis on customer transactions and demographics to identify customers presenting a heightened risk based on transactional behavior, product use, industry and customer comparisons. This includes conducting research on complex customers and assessing exposure to emerging risks and typologies.
Write bolstered observations and risk dispositions that help business partners better understand customers' behavior and manage the risk.
Work with 1,000s of rows and cells of data in Microsoft Excel to perform the analysis on datapoints ranging from geography to transactional values and volumes to relational data.
Evaluate ML/TF and operational risks present in the reviews to determine required level of escalation and ultimate recommendation, in consultation with manager/reviewer
Communicate findings and provides appropriate direction to manager /reviewer and Wells Fargo Businesses
Participate in moderately complex project initiatives
Provide incremental enhancements to existing ML/TF typologies based upon observations from daily work
Review Suspicious Activity Report (SAR) history to help drive appropriate risk recommendations
Required Qualifications:
- 2+ years of risk management, business controls, business operations, compliance, or process experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Desired Qualifications:
Knowledge of transactional products (wires, ACH, check, cash vault, etc.)
Knowledge of BSA/AML programs including KYC, CDD, EDD, CIP and / or other related risk and regulatory disciplines
Demonstrated ability to evaluate risks and to communicate relevant risk in a simple, decisive, timely and market-appropriate manner
Critical thinker with a risk control mindset
Attention to detail
Proactive approach to solving problems
Strong communication, interpersonal and writing skills
Strong decision-making, organizational and planning skills
Experience in AML and/or Fraud investigations
Experience filing and/or reviewing SARs
Excel and PowerPoint experience including the ability to manage extremely large and complex sets of transactional data
Industry certifications (e.g. CAMS certified and/or Wells Fargo AML/Sanctions Credential Program, etc.)
Excellent verbal, written, and interpersonal communication skills
Knowledge of Wells Fargo systems (WCIS, Cornerstone, Hogan, OIB, IIS, UAR Portal, etc.) and products (wires, ACH, check products, cash vault, etc.).
Job Expectations:
Completely and accurately execute TRIG processes and procedures.
Develop and implement review strategies and techniques that clearly and rationally target risks or typologies.
Conduct research and analysis and identify clients posing elevated risk for escalation.
File unusual activity reports in a timely manner.
Document and communicate review results and recommendations.
Maintain organized and detailed documentation of review results or recommendations.
Coordinate with Transactional Risk and Intelligence Group (TRIG) leadership to achieve process improvements.
Training will be hands on for roughly 2 weeks in person with current team members
Hours and Location:
Locations: Charlotte, NC & Minneapolis, MN
Schedule: Monday-Friday 8AM-5PM, Hybrid
Candidate must reside within a commutable distance to the address listed in the posting
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$63,600.00 - $113,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement
Posting End Date:
24 Sep 2024
* Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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 US: 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.
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.
Company: WELLS FARGO BANK
Req Number: R-402333-1
Updated: Sun Sep 22 03:14:17 UTC 2024
Location: CHARLOTTE,North Carolina