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 CrimesExperience 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

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

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

• 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 goal