Crime specialist job description

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GENERAL FUNCTION: Investigates, monitors and reports on cases involving potential threats to the Bank to ensure compliance with regulatory requirements. Responsible for filing applicable reports and escalating financial crime related matters when appropriate.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Banks risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.ESSENTIAL DUTIES AND RESPONSIBILITIES:Reviews and Analyzes system activity and generated alerts in accordance with Financial Crimes Compliance expectations..Ability to analyze Financial Crimes and Fraud related triggers related to risk activity.Appropriately escalates matters associated with Financial Crimes activity that warrants engagement from supervisory staff.Prepares Reports and recommends appropriate follow-up.Provides Financial Crimes related Support and Works with the first line of defense for the bank.May provide customer support to internal and external customers.Works with various business units to understand the Financial Crimes and Fraud alerted activity and to ensure compliance with laws.Possesses working knowledge of industry trends.Ability to complete assigned work in a timely and accurate manner.Ability to communicate effectively verbally and in writing with internal and external customers on Financial Crimes or Fraud related matters.Performs other duties as required.BANK SECRECY ACT REQUIREMENTS: Responsible for adhering to the reporting and record keeping requirements of the Bank Secrecy Act and Anti-Money Laundering rules and regulations, observing economic sanctions by prohibiting transactions as specified by the Office of Foreign Asset Control (OFAC), following the bank's customer identification program (CIP) rules, observing all Bank policies and procedures relating to BSA, OFAC, CIP, and related acts, and participation in ongoing related training.#LI-GM1SUPERVISORY RESPONSIBILITIES: None.MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:One to three years of specialist experience in compliance, investigative work, or a related field.Associates Degree or commensurate work experience.Strong analytical, problem-solving, and conflict resolution skills Demonstrated knowledge of Suspicious activity in regard to financial institutions, money laundering trends, terrorist financing indicators, the Bank Secrecy Act, Anti-Money Laundering efforts, USA PATRIOT Act, Fraud and OFAC.Functional understanding of federal and state laws and regulations pertinent to the position Strong oral and written communication skills.Highly organized with the Ability to multi-task detailed items and follow-up as needed.Proactive in identifying potential concerns and following-up to Resolve such issues.Excellent teamwork, interpersonal and relationship building skills.Ability to make decisions or know when to escalate matters to management Ability to collaborate with others, initiate action, adapt to change and accept challenging assignments.Ability to Communicate with management Ability to work independently and meet deadlines Proficiency with Microsoft Office SuiteWORKING CONDITIONS:Normal office environment with little exposure to dust, noise, temperature and the like.Extended viewing of a CRT screen.
Financial Crimes
Specialist-Cincinnati,
Ohio, or Northern Kentucky

Total Base Pay Range 0.00 - 0.00

LOCATION -- Cincinnati, Ohio 45227

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
This position can be located in Sioux Falls, Billings, Boise, Omaha and Bend

SUMMARY
The Financial Crimes Specialist will provide exceptional customer support for both internal and external clients to assist in risk mitigation, and fraud avoidance education, process levies/garnishments/subpoenas for all branches in FIB's footprint. This role is expected to be up to date and knowledgeable in all of the common scams and schemes our clients are exposed to, and actively and independently seeks continued education as trends change. The Specialist role will be responsible for managing multiple tasks at any given time and prioritize based on risk to the Bank and our clients.

ESSENTIAL DUTIES & RESPONSIBILITIES
Provides exceptional customer service to internal and external clients while maintaining focus on risk mitigation. Solid understanding of our digital banking platform, and the unique risks associated with those services.Is knowledgeable of common scams and able to communicate them to clients and bank employees clearly.Processes all levies/garnishments in an accurate & timely manner according to regulations, laws & procedures.Communicate with legal counsel and law enforcement agencies (IRS, FBI, Local Law Enforcement, DEA, etc) when necessary, in order to process legal documents appropriately and timely.Maintain a thorough understanding of laws & regulations for all legal document processing. Quickly assess a client's banking activity utilizing the Verafin software and other resources.Remains calm and controlled while handling stressful conversations with clients and bank employees and understands when to escalate to management.Ability to clearly and efficiently document information in a case for future reference that will allow a reader to understand the exact nature and disposition of a fraud incident. Field multiple demands on your time throughout the day and prioritize duties based on risk and urgency.Accepting of change as a growth opportunity and flexible with working environment.

QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE
High school diploma or General Education Degree required; Bachelor's degree (BA/BS) from a four-year college or university and 2-3 years' bank experience with a focus in client experience preferred; or equivalent combination of education and experience.

OTHER SKILLS & ABILITIES
Good verbal and written communication skills. Ability to appropriately escalate issues requiring problem solving and decision making.

LANGUAGE SKILLS
Ability to read, analyze, and interpret financial information, general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports and business correspondence. Ability to verbally communicate effectively while providing exceptional customer service.

MATHEMATICAL SKILLS
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, and percent and to draw and interpret bar graphs.

REASONING ABILITY
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to use sound logic. Must be able to stay calm and in control during difficult and stressful situations. Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.

PHYSICAL DEMANDS
While performing the duties of this job, the employee is regularly required to stand, walk, sit, and talk or hear. The employee is occasionally required to reach with hands and arms and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus.

WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.
**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

**About this role:**

Wells Fargo is seeking a Financial Crimes Specialist in Financial Crimes Risk Management as part of Compliance and Independent Risk Management. Learn more about the career areas and lines of business at wellsfargojobs.com ..

**In this role, you will:**

+ Participate in complex initiatives and identify opportunity for process improvements within scope of responsibilities

+ Perform risk assessment and modeling to provide input and recommendations for financial crimes strategies and models

+ Evaluate the adequacy and effectiveness of policies, procedures, processes and internal controls

+ Conduct data and onsite reviews, review findings, determine risk level and recommend fraud prevention strategies

+ Review and assess business, operational, or technical assignments or challenges that require research, evaluation, and selection of alternatives, and exercise independent judgment to guide medium risk deliverables

+ Perform investigative research, root cause evaluation and consulting regarding complex financial crimes transactions, policy violations and suspicious situations with moderate to high risk

+ Perform detailed examination to detect transactional and relationship patterns, trends, anomalies and schemes across multiple businesses or products

+ Act as an escalation point for more complex cases

+ Present recommendations for resolving more complex situations and exercise independent judgment while developing full knowledge proficiency in the function, policies, procedures and compliance requirements

+ Take action on control failures in bank processes and procedures

+ Represent organization in handling court appearances, depositions, mediations, and arbitrations

+ Collaborate and consult with associates on all levels

+ Lead, participate in and provide support for projects and initiatives

+ Provide input to development and delivery of a wide range of individual education for financial crimes awareness

+ Prepare documentation and refer cases for Suspicious Activity, Identity Theft Operations and Suspected Financial Abuse, reports to government agencies and makes recommendations to management

**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

**Desired Qualifications:**

+ Knowledge and understanding of Office of Foreign Assets Control sanctions programs and experience with sanctions screening

+ Experience with international and/or domestic products and services including wire transfers, foreign exchange, trade services and ACH

+ Experience with payments messaging networks and formats including SWIFT, CHIPS and FED. Experience with LexisNexis, World-Check, Hogan and SVP

+ Team player and enjoy supporting and achieving team goals

+ Highly adaptable to work with multiple teams, personalities and styles

+ User Acceptance Testing (UAT) experience

+ Proficient level with Access, PowerPoint, Excel, and Word

+ Ability to work in a fast paced deadline driven environment

+ Ability to handle complex issues and make risk based decisions independently

**Job Expectations:**

+ Ability to work additional hours as needed, including weekends and holidays.

+ User acceptance testing on weekends as needed

+ Hours may vary. Shifts available: 8:00am - 5:00pm ET, 9:00am- 6:00pm ET, and11:00am -8:00pm ET.

+ Willingness to work on-site at stated location on the job opening.

**Locations:**

+ MINNEAPOLIS, MN

+ SAINT LOUIS, MO

+ TEMPE, AZ

+ WEST DES MOINES, IA

+ CHARLOTTE, NC

+ IRVING, TX

+ PHILADELPHIA, PA

Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered for current Wells Fargo employees.

A posting is required to be open for a minimum of five (5) calendar days, or until 40 candidates have applied. If recruiters will be closing the posting earlier than five days due to candidate volume, then the following statement must be included: 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, or status as a protected veteran.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

**Company:** WELLS FARGO BANK

**Req Number:** R-209751-5

**Updated:** Wed Sep 21 23:02:22 UTC 2022

**Location:** Tempe,Arizona