Wells Fargo is hiring for Financial Crimes Associate | Jobs 2025

About Wells Fargo:

Well Fargo hiring for jobs in Financial crime process. The company is a financial services company with a significant global presence. The company was founded in 1852 by Henry Wells and William G. Fargo. The company is an American multinational financial services company.  The company offers banking, investment, and mortgage products and services, consumer finance, commercial finance. Wells Fargo operates in over 40 countries and territories that provides financial services in Asia, Canada, and Latin America. Wells Fargo’s headquarters are located in San Francisco. The current Chief Executive Officer (CEO) and President of the company is Charles W. Scharf. According to Glassdoor, companies review site, Wells Fargo company received a 3.6 star out of 5 stars based on 50715 reviews given by company’s employers. Wells Fargo works to support housing affordability, small business growth, financial health, and a low-carbon economy. The Market capitalization of Well Fargo is 256.14 billion USD.

About the Job Role:

Financial Crimes Associate:

The role Financial Crimes Associate at Wells Fargo plays a key role in supporting the bank’s efforts to prevent, detect, and respond to financial crimes, including fraud, money laundering, and other illicit activities. Monitoring Transactions, Reviewing and analyzing transactions for suspicious activities or patterns that could indicate fraud or money laundering. Risk Assessment, assessing financial crime risks and anti-money laundering (AML) laws and the Bank Secrecy Act (BSA) are some of the tasks involved in this role. Investigating suspicious activities, reviewing documentation, conducting research, and working with law enforcement are also involved in this role. Preparing Suspicious Activity Reports (SARs) and documentation for regulatory compliance, which might include in this role. Working with other departments, such as legal, compliance, and operations, to support the investigation process are also included in the role. Strong analytical and problem-solving abilities, a solid understanding of financial crimes, and knowledge of relevant regulations.

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Job Responsibilities: 

• The associate need to participate and provide support for low complexity initiatives.
• Need to research for complex transactions and referrals to prevent and detect financial crimes activities.
• Policy violations and suspicious situations with low to moderate risk.
• Perform analysis to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses or products
• Receive direction from 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, functional colleagues and stakeholders
• Conduct education for financial crimes awareness.

Mandatory skills:

• AML Investigations/Transaction Monitoring
• Work experience, training, military experience, education.

Job type: Full time

Experience Required: 6+ months 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.

Desired Qualifications:

• Anti -Money Laundering (AML) / Bank Secrecy Act (BSA) experience including
• Strong knowledge and understanding of transaction monitoring.
• Good analytical skills with high attention to detail and accuracy.
• Good verbal and written communication skills.
• Good time management skills and ability to meet deadlines.
• Microsoft Office (Word, Excel, and Outlook) skills

Selection procedure:

The selection procedure involves application review, interviews and assessments to evaluate candidate’s qualification and skills. After successful completion of these procedures, the company will provide job offer and send offer letter to respective emails of the candidates.

Application Fee: This Job does not need any application fees. For private Jobs, the companies won’t charge for application fees unless government job applications. Don’t fall prey for scams and pay money to any person or consultancy who promises that they will provide guaranteed job.

Salary: The company have not mentioned about salary in the jobs posting. However, as the Well Fargo company is a Big Four company it provides good pay like any other multi-national company (MNC).

Also Read: PWC is hiring for KYC&AML FinCrime Analyst | Jobs 2025

Wells Fargo Recruitment and Hiring Requirements:

• Third-Party recordings are prohibited unless authorized by Wells Fargo.
• Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Applicants with Disabilities

• To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Why to join Well Fargo:

Well Fargo offers multiple benefits for the employees.

1. Career Growth Opportunities: As company is a large financial institution, with a diverse range of roles across banking, finance, technology, and more, the company offers various development programs to help employees grow and advance in their careers.
2. Inclusive Culture: Wells Fargo has a strong emphasis on diversity and inclusion, which actively works to create a workplace where employees from all backgrounds can benefit and grow.
3. Competitive Compensation and Benefits: The company offers a competitive pay, health benefits, retirement plans, insurance plans and other perks like employee discounts, wellness programs, and more, which will benefit employees to stay focus on their work and have a better healthy lifestyle.
4. Innovation and Technology: The company is investing heavily in digital banking and financial technology, which will be good for someone interested in working in technology and innovation within the finance sector.
5. Work-Life Balance: Wells Fargo employees report a good work-life balance, with flexible working timings and resources to help maintain it.

Job Location: Bengaluru, Karnataka, India.

Type of Job: Governance & Controls

Job ID: R-416339

Job Posting Date: 28 Jan 2025

Qualification: Any Bachelor Degree or Graduation.

Application Last Date: Job application last date is mentioned as 30 January 2025 in the application, but advised to apply before the link expires.

Drug and Alcohol Policy: Wells Fargo maintains a drug free workplace. Please see Drug and Alcohol Policy to learn more.

Employee Status: Regular

Schedule: Full-time. This job is the full-time permanent job, so apply before the link expires.

Shift Timings: Timings not mentioned in the application; however, one should be willing to work in flexible shifts.

Application Process:

Here is the application process to apply for the role Financial Crimes Associate at Well Fargo

• Visit the Well Fargo official career’s website or click on the below provided link which directly navigates to the job application page.
• Fill all the required details asked in the application form along with an updated resume or CV.
• After carefully filling all the mandatory details submit the application form.
• If you are eligible for the job role, company’s HR people will contact through the mail and follow the necessary steps then onwards.

Important Note:

• Don’t fall prey to online jobs scam postings.
• No company will ask to pay money for processing the job application.
• Accept the mails from the company mail id’s only with a company name extension.
• Don’t update or provide any information regarding bank account details, passwords etc. at the time of interview or at hiring time. Only provide the details at the time of onboarding process.

Job Posting End date: 30 January 2025

Note: As this position is permanent role related to Financial Crimes Associate it is advised to apply as soon as possible before the link expires.

Apply Link: Click Here to Apply