Due Diligence Manager

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About this role:

Wells Fargo is seeking a Due Diligence Manager for Wealth and Investment Management (WIM) Financial Crimes Operations. You will manage a team of Due Diligence Consultants completing detailed written analyses of our high-risk customers to mitigate risk.

In this role, you will:

• Supervise a team of individuals who are responsible for executing activities associated with conducting due diligence reviews of bank and brokerage customers transactions
• Oversee a moderate degree of complexity and risk to determine appropriateness of processes to ensure timely completion, quality and compliance
• Own the client onboarding process and engage with relationship teams and third parties
• Mitigate risk through due diligence processes
• Identify and recommend opportunities for process improvement and risk control development
• Ensure execution of due diligence programs, processes and controls to identify, assess and mitigate risk
• Manage communication and collaboration with business heads, Legal, Audit and regulators regarding risk management of business specific risk programs
• Make decisions and resolve issues to mitigate risk via a thorough due diligence process functional area and team to meet business objectives
• Interpret and develop policies and procedures for functions with low to moderate complexity within scope of responsibility
• Manage implementation of procedures, controls, analytics and trend analysis to ensure comprehensive research and background investigations
• Utilize expertise in data collection and sourcing
• Collaborate and influence all levels of professionals including senior managers
• Lead a team to achieve objectives
• Manage allocation of people and financial resources for Due Diligence group
• Mentor and guide talent development of direct reports and assist in hiring talent

Required Qualifications: 

• 4 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
• 2 years of leadership experience

Desired Qualifications:

• 4 years of Financial Crimes experience
• 2 years of experience managing and developing employees
• 2 years of Due Diligence experience producing detailed customer risk assessments
• Law enforcement, investigation or litigation experience
• Experience managing a geographically dispersed team
• Experience with using Case Management Systems such as Actimize-CDD
• Leadership experience to include mentoring, coaching and providing feedback to staff
• Ability to collaborate and influence all levels of internal customers, employees, and management
• Excellent verbal, written and interpersonal communication skills
• Strong analytical skills with high attention to detail and accuracy
• Successful completion of ACAMS certification

Job Expectations:

• This position offers a hybrid work schedule.
• This position is not eligible for Visa sponsorship.

Locations:

• 1525 W W T Harris Blvd Charlotte, North Carolina 28262-8522
• 550 S 4th St Minneapolis, Minnesota 55415

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:

*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.

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.