Wells Fargo

Job Category:



Saint Louis, Utah


United States

Approximate Salary:

Not Specified

Position Type:

Full Time


415) 820-7800

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Compliance Consultant 4 - WIM AML/Financial Crimes Data Analytics Consultant

Wells Fargo - Saint Louis, Utah

Posted: 07/8/2018

Job Description

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.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. We focus on three key risk areas: credit risk, operational risk, and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take appropriate action when business activities exceed the risk tolerance of the company.

Wealth and Investment Management (WIM) is one of the company’s four main divisions. WIM businesses build enduring client relationships through sound, thoughtful, and objective advice. We help our clients by developing individualized plans for everything from retirement goals to business succession planning to family legacy intentions. Services include comprehensive planning and advice, investment management, brokerage, private banking, estate planning strategies, trust, insurance, and both individual and institutional retirement.

The Wealth & Investment Management (WIM) Financial Crimes Risk & Compliance (FCRC) team is seeking a seasoned Compliance Consultant for its AML/Financial Crimes Data Analytics Reporting & Remediation function. The person in this role will support the data analysis, reporting, and remediation needs for internal FCRC Compliance partners, Audits, OCC, and MRAs by designing and developing preventive WIM FCRC-specific reports and historical trends that effectively adhere to applicable laws and regulations, and that align with Wells Fargo Corporate AML/FC policies and standards. The Consultant will communicate and collaborate with all levels of FCRC org and line of business management and will drive the delivery of data/reports/analysis in a timely manner. The work performed by the Consultant impacts all WIM business lines.

The Compliance Consultant 4 is responsible for:

  • Developing, implementing, and monitoring risk-based compliance programs to assure compliance with federal, state, agency, legal, and regulatory requirements, or may provide oversight to a compliance function.
  • Working with complex business units and providing compliance risk expertise and consulting for projects and initiatives with high risk to identify and mitigate regulatory risk in all business activities.
  • Designing and developing compliance testing strategies and methodologies; evaluating the adequacy and effectiveness of policies, procedures, processes, initiatives, products, and internal controls, and identifying issues resulting from internal and/or external compliance examinations.
  • Consulting with business to develop corrective action plans and effectively manage change to ensure regulatory compliance.
  • Identifying training opportunities; designing/coordinating the development of training materials; delivering or coordinating training delivery.
  • Reporting findings and recommendations to senior management.
  • Managing and/or coordinating production of periodic compliance performance reports for senior management, including trend analysis and recommended strategies.
  • Managing and/or coordinating site, agency, or other examinations conducted by external parties.
  • Managing project teams and may provide guidance to less experienced consultants.
  • May directly manage 1-2 specialists/consultants.

Specifically the responsibilities of this role include, but are not limited to:

  • Consulting with internal WIM FCRC partners to identify and define business requirements and translate business needs into complex analysis, designs, and recommendations.
  • Identifying and recommending internal and external data sources, compiling, and mining data from multiple, cross business sources; recommending and participating in the development of complex analysis designs using statistical analysis, predictive modeling, process documentation, comparative analysis of Customer/demographic/account/product/transaction data.
  • Interpreting results and recommending solutions to increase revenue, reduce expenses, and maximize operational efficiency/quality.
  • Ensuring adherence to Enterprise data management/data governance regulations and policies. Data involved may be large, structured or unstructured, and from multiple sources. To a certain degree, may assist indirectly in the technical build-out and/or support of analytical databases, query tools, reporting tools, BI tools, dashboards that enable analysis, modeling, and/or data visualization.
  • Assisting with the development and maintenance of key FCRC risk and performance indicators for WIM program functions.
  • Assisting with the development and presentation of WIM-level analytics, metrics, and reporting in order to drive real-time, information-based program management.

The WIM AML/FC Data Analytics Compliance Consultant will assist with key program strategic initiatives, process improvements, and special projects that are large and complex in scope and impact.

**Telecommute is not an option with this role.

Required Qualifications

  • 6+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both
  • 6+ years of financial crimes experience
  • 3+ years of experience with SAS or SQL, or other data management, reporting and query tools
  • 1+ year of Teradata experience
Desired Qualifications

  • Advanced Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
  • Ability to interact with all levels of an organization
Other Desired Qualifications
  • 6+ years of data analysis experience
  • Strong BSA/AML/OFAC/FCRC technical ability with experience developing, implementing, and/or maintaining data reports designed to adhere to AML/FC laws and regulations in a large financial institution environment
  • Strong advocate of Information & Data Security Enterprise policies and risks arising from data compromises
  • Advanced Microsoft Office skills (Word, Excel, PowerPoint, etc.)
  • Ability to develop, articulate, and execute against strategic objectives in a rapidly changing environment
  • Keen sense of urgency to respond to critical time-sensitive Ad Hoc requests
  • Bachelors degree with a quantitative major
  • Prior, proven experience responding to auditors and regulatory authorities
  • Certified Anti-Money Laundering Specialist
  • Prior knowledge of Wealth and Investment Management System of Records (SORs) and databases
  • Ability to effectively communicate and collaborate with all levels of FCRC org and line of business management
  • Strong organizational and time management skills
  • Ability to effectively and consistently drive the successful delivery of data/reports/analysis in a timely manner
  • Ability to successfully manage competing priorities in a high-pressure deadline-driven environment
  • Ability to effectively navigate a highly-matrixed organizational structure in order to identify, build, and maintain key relationships

  • 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.

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