Job Information
Wells Fargo Due Diligence Consultant in CHARLOTTE, North Carolina
About this role:
Wells Fargo is seeking a Due Diligence Consultant to partner with key stakeholders within Wells Fargo to identify and support process and control enhancements for the respective businesses and functions to continually strengthen our control environment and streamline our processes. Learn more about our career areas and business divisions at wellsfargojobs.com.
This Due Diligence Consultant will be part of the FCO Quality Control team. This employee will participate in the testing and monitoring of work performed by Financial Crimes Operations within Consumer Small Business Banking (CSBB).
In this role, you will:
Own client onboarding process to mitigate risk through a due diligence process
Participate in conducting less complex client due diligence processes, research and identify opportunities to mitigate risk
Consult and provide support to interpret policies, guidelines, and governance programs
Support business in execution of due diligence reporting processes and controls
Review and analyze client onboarding processes or challenges that require research, evaluation, and selection of alternatives
Exercise independent judgment to guide medium risk deliverables
Aggregate, evaluate and report results and escalate where necessary
Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the due diligence function, policies, procedures, and compliance requirements
Collaborate and consult with peers, colleagues, managers, and internal and external customers to resolve issues and achieve goals
Perform and document quality review activities related to CSBB policies, processes, and requirements
Perform review activities that will provide reasonable assurance that controls are designed and operating effectively
Interact with peers and partners in Client Onboarding and Ongoing Customer Due Diligence groups
Leverage strong foundational knowledge of the CSBB minimum CDD requirements by customer type methodology, and Beneficial Ownership requirements and guidelines
Ensure all quality reviews are conducted and stored according to Inline Quality Control procedure
Maintain knowledge of latest guidance, including policies and processes.
Provide training and guidance to internal team members
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:
2+ years of Financial Crimes experience
2+ years of experience in financial services
Experience with BSA/AML, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), Customer Identification Program (CIP) and / or other related risk and regulatory disciplines
Experience with Know Your Customer (KYC) regulations
Quality control review experience
Experience documenting and describing complex transactions and managing due diligence
Experience reviewing legal documents
Demonstrated change leadership skills with ability to lead through change impacts
Excellent Microsoft Office skills
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy
Experience operating independently with minimal supervision, and effectively managing work requests to meet performance expectations
Ability to dissect complex organizational structures to complete due diligence quality reviews
Experience handling confidential material in a professional manner
Ability to prioritize tasks, achieve goals, and work under pressure in a dynamic and complex environment
Ability to collaborate with geographically dispersed teams
Ability to navigate through ambiguity and maintain momentum driving for results and clarity in uncertain situations
Proven experience building partnerships, collaborating, and influencing key stakeholders
Ability to execute in a fast paced, high demand, environment while balancing multiple priorities
Experience translating and summarizing complex data into understandable, actionable information and recommendations
Job Expectations:
- This position offers a hybrid work schedule
Posting End Date:
5 Jul 2024
*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.
Company: WELLS FARGO BANK
Req Number: R-377332
Updated: Tue Jul 02 01:20:24 UTC 2024
Location: CHARLOTTE,North Carolina
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