Analytic Consultant 4 - Financial Crimes

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 when 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 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.

As the company's second line of defense, Corporate Risk - or Independent Risk Management - provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework and ensure all employees understand their individual accountability for managing risk. Corporate Risk roles depend on a variety of skills, including: Data analysis and synthesis, root cause analysis, change management, process management & execution, risk governance, risk strategy, risk identification & assessment, risk prevention, controls & mitigation, risk monitoring, reporting & escalation, risk systems & technology.

The Model Governance Team within the Financial Crime Analytics Group (FCA) has responsibility for all Financial Crimes Monitoring and Surveillance programs for the lines of business (LOBs) under the bank legal entity. This includes enhancing and maintaining monitoring programs for understanding how entities inform partners of changes in behaviors which may indicate a different utilization of Wells Fargo by the customer or possibly of suspicious or criminal activity.

The Model Governance Team partners with groups within the company to implement solutions to help first line of business risk functions that would warrant a review, and that may be an indication of a change in Customer Due Diligence/Know Your Customer (KYC) information, or potentially unusual activity by way of due diligence-based alerting programs.

This Analytic Consultant 4 (AC4) will work within the Model Governance Team, which focuses on all Financial Crimes Models, analytics, and reporting of customers in Commercial Banking and Wealth Investment Management (WIM), and may potentially expand to other groups within the bank. The team focuses on issue resolution and maintaining models, programs, and reporting that monitor programs within the Financial Crimes Analytics (FCA) group.

This AC4 is responsible for, but not limited to:

• Working closely with Model Stakeholders to enhance statistical models and ongoing performance monitoring of the models;
• Documenting the model methodologies, ongoing performance monitoring, etc. to align with the Model Risk Management Policy;
• Collecting and provide accurate, clear data to team members to support analysis for statistical methodologies, ongoing performance monitoring, and feedback of models;
• Working collaboratively with business, modelers, and implementation team members to help translate the requirements, and recommend feasible solutions and enhancements;
• Performing ad-hoc data/statistical analysis and the results can be presented and understood to both business and modelers;
• Partnering with other Team Members to create and implement a review and testing of code

**Please note that posting duration may be shortened based on job seeker volume.**

• 6+ years of experience in one or a combination of the following: reporting, analytics, or modeling demonstrated through work or military experience; or a Masters degree or higher in a quantitative field such as applied math, statistics, engineering, physics, accounting, finance, economics, econometrics, computer sciences, or business/social and behavioral sciences with a quantitative emphasis and 4+ years of experience in one or a combination of the following: reporting, analytics, or modeling

• Extensive knowledge and understanding of research and analysis
• Strong analytical skills with high attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills
• Knowledge and understanding of SQL or SAS
• 1+ year of experience with SAS or SQL, or other data management, reporting and query tools
• Knowledge and understanding of Python, R or SCALA
• Teradata experience
• Knowledge and understanding of Anti Money Laundering (AML) and Bank Secrecy Act (BSA)
• Tableau experience
• Excellent verbal, written, and interpersonal communication skills

• Financial Crimes experience
• A self-starter with the ability to acquire new concepts and skills quickly
• Outstanding problem solving skills
• Extensive knowledge and understanding of research and analysis
• Strong analytical skills with high attention to detail and accuracy
• Strong organizational, multi-tasking, and prioritizing skills
• An active Certified Regulatory Compliance Manager (CRCM) designation
• Certified Anti Money Laundering Specialist (CAMS)
• Ability to analyze complex situations, create, and implement solutions to best protect the company from legal, regulatory and compliance risk
• Solid understanding of banking relationships and transaction processes
• Strong Excel data analysis presentation experience including macros, pivot tables, and graphs

• Ability to travel up to 5% of the time

NC-Charlotte: 401 S Tryon St - Charlotte, NC
TX-Irving: 5000 Riverside Drive - Irving, TX
IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA
MN-Minneapolis: 600 S 4th St - Minneapolis, MN
AZ-Tempe: 1150 W Washington St - Tempe, AZ
MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO

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.

Benefits

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