Jeremy Wells
Stansbury Park,UT
Summary
I'm looking to support a business that focuses 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 their customers and company. I have 15 years of Financial Risk experience and I excel in being accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions.
Overview
15
15
years of professional experience
Work History
Business Initiatives Consultant
Wells Fargo
Salt Lake City, Utah
03.2016 - Current
- Participated in identifying, assessing, managing, and mitigating current and emerging risk exposures within Control Management functional area
- Provided risk management consulting to support the business in designing and implementing risk mitigation strategies, business processes, and business controls
- Monitored moderately complex business specific programs and provide risk management consulting to support the business in designing and implementing risk mitigation strategies
- Monitored, measured, evaluated, and reported on the impact of decisions and controls to the relevant business groups or functional areas
- Provided guidance to business groups on the development, implementation, and monitoring of business specific programs to identify, assess, and how to mitigate risks
- Collaborated with relevant business groups to identify current and emerging risks associated with business activities and operations.
Business Risk and Control Associate
Wells Fargo
Salt Lake City, Utah
- Lead in moderately complex initiatives and deliverables within functional areas and contributed to large-scale planning related to functional area deliverables
- Investigated, researched, examined, and reported complex financial crimes transactions, policy violations and suspicious situations with high levels of risk
- Performed risk evaluations and modeling to provide input and recommendations for financial crimes strategies and models
- Evaluated the adequacy and effectiveness of policies, procedures, processes and internal controls
- Conducted data and onsite reviews, review findings, determined risk level and recommend resulting fraud prevention strategies
- Performed investigative research, root cause assessment and consulting regarding highly complex financial crimes transactions, policy violations and suspicious situations with moderate to high risk cases
- Performed detailed examination to detect transactional and relationship patterns, trends, anomalies and schemes across multiple businesses and product types
- Acted as an escalation point for more complex cases
- Resolved moderately complex issues and led a team to meet deliverables
- Partnered closely with leadership to develop strategies to minimize financial crime portfolio risk through innovative methods with the ultimate goal of maximizing profits
- Collaborated and consulted with peers, colleagues and mid-level managers to resolve issues and achieve goals
- Lead projects, teams and served as a mentor for less experienced staff
- Developed and delivered a wide range of training for individuals involved in issue detection
- Interacted internally and externally to conduct investigations to address risk management.
Regional AML Investigator
Fidelity Investments
Salt Lake City, Utah
08.2009 - 03.2016
- Performed daily surveillance of account activity and conducted high-level investigations of suspicious activity
- Reviewed historical transaction and trade activity
- Reviewed customer due diligence information for accuracy and investigated any discrepancies
- Identified higher risk clients and obtained complex organizational structures to complete due diligence
- Wrote legal documented Suspicious Activity Reports on a daily basis
- Assisted with the implementation and monitoring compliance program to assure compliance with all legal and regulatory requirements
- Used multiple online sources to coordinate information among various operational areas and customer bases.
Education
Bachelor Degree -
University of Utah
General Education Requirements -
Salt Lake Community College
Skills
- Brokerage experience
- Strong analytical and risk assessment skills
- Ability to adapt to new changes and new challenges
- Ability to prioritize work flows and ensure deadlines are met
- Ability to work independently
- Team oriented
- Excellent written and verbal communications skills
- Proactive, self-motivated and well-organized
- Efficient in Word, Excel, & PowerPoint programs
- Configuration Management
- Business Planning
- Quality Assurance
- Operations Analysis
- Processes and Procedures
- Project Implementation
- Safety Regulations
- Customer Relationship Management
- Subject Matter Expert
- Project Management
- Conducting investigations
- Fraud prevention mastery
- Government regulations expertise
- Business laws proficiency
Training
- Trained in surveillance, detection and reporting for the following AML investigations:
- Insider Trading
- Securities Fraud
- Wash Sales
- High Risk Location
- Money Movement
- Subpoena
- Suspicious Transactions/Check Fraud
- SAR not warranted
Affiliations
- In my free time I enjoy activities with my family, using my PC skills to create small games, create personal tracking sheets and watching professional basketball, football and soccer.
Languages
Russian
Limited
Accomplishments
- Helped Wells Fargo's Legacy Wholesale Banking BSA/AML division come up to standards with the OCC regulations in a five year span. Helped form the team, which processed operational and reputational risks, with helping create internal controls and management operations.
References
References available upon request.
Quote
Far and away the best prize that life offers is the chance to work hard at work worth doing.
Theodore Roosevelt
Timeline
Business Initiatives Consultant
Wells Fargo
03.2016 - Current
Regional AML Investigator
Fidelity Investments
08.2009 - 03.2016
Business Risk and Control Associate
Wells Fargo
Bachelor Degree -
University of Utah
General Education Requirements -
Salt Lake Community College