Senior Due Diligence Consultant

Wells Fargo is seeking a Senior Due Diligence Consultant in Enhanced Due Diligence Financial Crimes as part of Shared Services.  Learn more about our career areas and business divisions at wellsfargojobs.com.

You will be responsible for completing customized, enhanced due diligence reviews on Payment Intermediaries and Gaming clients to ensure they are meeting regulatory and state requirements, have proper BSA/AML controls and do not pose a risk to the bank. You will have internal and external customer correspondence by mail, email, phone, and meetings.

In this role, you will:

• Participate in conducting due diligence programs on moderately complex initiatives and deliverables within functional area and contribute to large scale planning related to functional area deliverables
• Provide subject matter expertise on due diligence documentation requirements and data sources
• Support business in execution of due diligence reporting processes and controls, interpret policies, guidelines and governance programs
• Review and analyze client onboarding processes and challenges that require research, investigation, evaluation, and selection of alternatives
• Provide subject matter expertise on documentation and data sources and exercise independent judgment to guide moderate to high risk deliverables
• Compile and evaluate report results and escalate when necessary
• Resolve moderately complex issues and lead team to meet functional area process deliverables
• Leverage solid understanding of the function, policies, procedures and compliance requirements
• Collaborate and consult with peers, colleagues, managers and internal and external customers to resolve issues and achieve goals

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

Desired Qualifications:

• 4 years of experience in Financial Crimes​Experience with Anti-Money Laundering (AML)/Bank Secrecy Act (BSA)
• Experience with Office of Foreign Assets Control (OFAC) laws and/or regulations relative to money laundering/terrorist financing
• Experience with Suspicious Activity Report (SAR) or Unusual Activity Report (UAR) review and writing
• Ability to apply knowledge and independent judgement in various risk management practices
• Direct work experience in one or more of the following: Third Party Payment Processor (TPP), Money Service Business (MSB), Marketplace Lending/Crowdfunding, or Casino business models and transaction processes
• Ability to coordinate completion of multiple tasks and meet aggressive time frames
• Intermediate Microsoft Office Outlook, Word, and Excel
• Knowledge and understanding of process flow or procedure writing
• Clear and concise written and verbal communication skills
• Experience in conducting investigative research, root cause analysis and consulting on transactions, suspicious situations, policy violations, referrals, customers, and related parties that present moderate to high risk, or complexity
• Experience in reviewing and analyzing findings to determine level of risk
• Experience in preparing appropriate documentation and reporting to management
• Experience in informing peers, line of business and other partners on findings
• Experience in assisting with writing corrective action plans and assist in managing change to prevent and mitigate risk

Job Expectations:  

• This position offers a hybrid work schedule.
• Flexibility to work additional hours as needed.
• User acceptance testing on weekends as needed.
• This position is not eligible for Visa sponsorship.

Locations:

• 401 S. Tryon Street, Charlotte, North Carolina 28202-1675
• 250 E. John Carpenter Frwy Irving, Texas 75062

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.

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.