What are the responsibilities and job description for the Due Diligence Consultant-Business Operations position at Wells Fargo?
About this role:
Wells Fargo is seeking a Due Diligence Consultant to join our Business Operations Team to work in the production environment going through and conducting Politically Exposed Persons (PEP) alert reviews and dispositions.
In this role, you will:
Mitigate risk by accurately executing upon due diligence screening within agreed upon time frames.
Exercise independent judgment to guide medium risk deliverables.
Assist with operational activities outside of standard work queue as needed including but not limited to workflow management, business continuity, data gathering, analysis, etc.
Provide subject matter knowledge, leveraging solid understanding of the function, policies, procedures, and compliance requirements, to assist with process walkthroughs, procedure reviews, testing engagements, and transformation activities.
Collaborate and consult with peers, colleagues, managers to resolve process and production related issues.
Review and analyze processes and controls for improvement opportunities.
Participate in focus group opportunities to assist with improvement efforts.
Partner with senior consultants to aid in training facilitation, quality review, and post training support for new screening consultants.
Assist senior consultants in the resolution of low to moderately complex issues.
Collaborate and consult with peers, colleagues, managers and internal and external customers to resolve issues and achieve goals.
Location: 141278-Charlotte, NC-CIC Customer Information Center
Position does not provide relocation.
Required Qualifications:
2 years of Due Diligence experience, or equivalent (including risk management, client service, operations support, or business process management) demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Working knowledge of BSA/AML programs
Ability to execute in a fast paced, high demand environment while balancing multiple priorities
Strong analytical skills with high attention to details and accuracy
CAMS and/or CFE certification
Ability to interact and effectively communicate with all levels within the organization
Ability to collaborate with a geographically dispersed team
Excellent verbal, written, and interpersonal communication skills.
Excellent Microsoft Office knowledge
Job Expectations:
Ability to work the hybrid model of 3 days in the office and 2 days remote each week.
Position does not offer Visa sponsorship.
Posting End Date:
8 Mar 2025*Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees 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.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
