Randstadeos

Financial-Crimes-Specialist

Posted Sep 10, 2024
Project ID: R-397633
Location
Bangalore, karnatka, Hybrid
Hours/week
45 hrs/week
Timeline
4 years , 4 months
Starts: Sep 10, 2024
Ends: Dec 31, 2028

About this role:

Wells Fargo is seeking a Financial Crimes Specialist

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

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