Financial Crimes Specialist

• 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
• Perform preliminary investigations on transaction monitoring alerts generated for the WF customers
• Research and scrutinize complex transactions and referrals to prevent and detect financial crimes activities, policy violations and suspicious situations with moderate to high risk
• Perform analysis to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses or products
• Receive direction from SMEs and supervisor and exercise judgment within defined parameters while developing understanding of function, policies, procedures, and compliance requirements
• Draft report of findings and trend evaluation and make recommendations to mitigate risk
• Provide information to managers, support functional colleagues and stakeholders

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

• Experience in performing transaction monitoring, preferably for US Banks
• Strong narrative writing skills
• Expertise in handling huge data in Excel files.
• Analytical Skills and Decision Making