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About Wells Fargo


Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Market Job Description


The primary mission of the Asia Pacific (APAC) Global Financial Investigation Unit (GFIU) is to investigate and refer suspicious financial activity with APAC nexus to the respective Money Laundering Reporting Officer (MLRO) for onward Suspicious Activity Reporting/Suspicious Transaction Reporting (SAR/STR) to the relevant authorities in the APAC region. The APAC GFIU also provides shared-services investigations support to Wells Fargo's investigative groups as part of the bank's global approach to combating financial crime.

This is a Financial Crimes Associate role that reports to the APAC GFIU Manager. Primary responsibilities including end-to-end financial crimes investigations, research and transactional analysis, and SAR/STR narrative writing. Additional responsibilities include AML/BSA/sanctions screening and dispositioning functions, conducting ad-hoc research and due diligence projects, and prepare responses to law enforcement and local APAC regulatory bodies

Responsibilities:

  • Investigate highly complex anti-money laundering (AML), sanctions, terrorist financing, and fraud cases with investigative work thoroughly documented/completed in established deadlines
  • Analysis of unusual transactions or activity referred by Wells Fargo team members or automated monitoring systems
  • Research work to understand root cause of highly complex suspicious transactions
  • Draft and file Suspicious Activity Reports (SARs) or equivalent regulatory reporting
  • Maintain strong working relationships with APAC GFIU investigators, APAC FCRM team members, regional business/compliance partners and other FCRM investigative personnel
  • Utilize wide range of technology/software to conduct/document investigations
  • Assist in updating investigative guidelines and other policies and procedures, as required
  • Understand AML/TF Laws and Regulations in multiple jurisdictions
  • Provide assistance and guidance to the Money Laundering Reporting Officer(s), as required
  • Serve as escalation point for more complex and data driven investigation
  • Prepare and draft responses to law enforcement inquiries
  • Prepare of a variety of informal and formal analytical reports
  • Investigative research, root cause analysis regarding highly complex financial crimes transactions, and/or suspicious transactions
  • While role has regional coverage, role has no routine travel requirement (Singapore based).


Market Skills and Certifications


Required Qualifications:
2+ years of experience in risk (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management demonstrated through work or military) or 1+ year in the foregoing or financial services industry and a BS/BA degree or higher in business or a related field.

Desired Qualifications:

  • Strong AML and financial crimes investigations experience, with a good understanding of KYC & AML requirements for various client types, lines of business and products
  • Knowledge and understanding of regulatory compliance requirements surrounding USA PATRIOT Act, BSE, Anti-money laundering (requirements), OFAC and global sanctions
  • Knowledge of transaction monitoring systems utilized in AML programs
  • Excellent verbal, written and interpersonal communication skills
  • Problem solving ability with strong analytical skills and attention to detail and accuracy
  • Experience with Quality Assurance Reviews of written reports
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Ability to work effectively, as well as independently, in a team environment
  • Advanced Microsoft Office (Word, Excel, Outlook, Visio, and PowerPoint) skills
  • Experience with Quality Assurance Reviews of written reports considered a plus
  • Certified Anti Money Laundering Specialist (CAMS) and/or Certified Fraud Examiner (CFE) or other similar designation considered a plus
  • Associate AML Professional (AAMLP) membership or higher (CAMLP)


We Value Diversity


At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.

Team members support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

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At Wells Fargo, we’ve been proudly supporting military veterans and their families for more than 170 years.

We value the leadership, discipline, and skills you’ve gained through your service to our country and recognize the contributions our veteran team members bring to the table. We’re so committed to hiring and retaining military veterans, veterans with disabilities, National Guard members, and Reservists that we’ve made it our goal is to employ 20,000 veterans by 2020.

As a Wells Fargo team member, you’ll find a work culture that is team-oriented, collaborative, structured, and challenging. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance. You may choose to join our Veteran’s Team Member Network, a group of thousands who share an interest in veterans’ matters, and that promotes greater awareness and job development within the veteran community. To learn more about opportunities at our company, please visit wellsfargojobs.com/military. Let’s talk about turning your military experience into a great civilian career.