Mar 26, 2020

Compliance Sr. Associate - WFCS AML Quality Assurance

  • Wells Fargo
  • St. Louis, MO, USA
Full-Time Other

Job Description

Job Description
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume prior to submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell" or "Cellular" in the contact information of your application.
At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Within Wells Fargo Clearing Services Compliance, the Anti-Money Laundering (AML) Team administers the Firm's AML program, which is designed to comply with the Bank Secrecy Act (BSA), USA PATRIOT Act, Office of Foreign Assets Control requirements, and the rules and regulations enacted by the SEC and self-regulatory organizations to enable the Firm to detect and prevent potential money laundering and terrorist financing.
This AML Compliance Sr Assoc will support implementation and execution of the WFCS AML Quality Assurance program. Activities include review of WFCS AML processes and identifying potential gaps that need to be communicated to AML senior management. The Senior Associate must maintain current knowledge of the external regulatory environment and Wells Fargo corporate policies in order to assess potential impacts to the processes subject to review.
The AML QA Senior Associate's responsibilities will include working with the team of AML Compliance professionals responsible for:
  • Interpreting applicable BSA/AML/OFAC related laws, regulations and corporate policy requirements in order to assess their applicability to WFCS's AML program
  • Reviewing WFCS AML policy and procedures in adherence with BSA/AML/OFAC related laws, regulations and corporate policy requirements
  • Evaluating documentation of processes supporting WFCS AML program requirements
  • Continually assessing WFCS's AML Program to determine effectiveness and making suggestions for continuous improvement in order to maximize AML Program resources
  • Maintaining current knowledge of the external regulatory environment and continuously assessing and reporting real and potential impacts and emerging risks to AML and Business Management


Required Qualifications
  • 5+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 5+ years of financial services industry experience, of which 3+ years must include direct experience in risk management


Desired Qualifications
  • Certified Anti Money Laundering Specialist (CAMS)
  • FINRA registration including one or more of the following: FINRA Series 7, FINRA Series 24, FINRA Series 14, or FINRA recognized equivalents
  • Strong analytical skills with high attention to detail and accuracy
  • Excellent verbal, written, and interpersonal communication skills
  • Advanced Microsoft Office skills
  • Ability to interact with all levels of an organization


Other Desired Qualifications
  • Audit or Quality Assurance experience in either the financial services industry generally or AML programs specifically
  • BSA/AML/OFAC Regulatory Compliance experience in financial institutions, including broker/dealers
  • Ability to effectively interact with management and staff at all levels of the organization
  • Strong analytical and critical thinking
  • Strong organizational skills, ability to work independently and on multiple initiatives concurrently is required


Job Expectations
  • Ability to travel up to 5% of the time


Salary Information
The salary range displayed below is based on a Full-time 40 hour a week schedule.

MO-Saint Louis: Min: $80,500 Mid: $115,000

Street Address
MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Occupations

Other  

States

MO  

Security Clearance

NO Security Clearance

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