About this role:
Wells Fargo is seeking a Due Diligence Consultant.
We believe in the power of working together because great ideas can come from anyone. Through collaboration, any employee can have an impact and make a difference for the entire company. Explore opportunities with us for a career in a supportive environment where you can learn and grow.”
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
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
- Experience in one or a combination of the following: financial services, criminal justice, fraud, Bank Secrecy Act, anti-money laundering, or investigations of financial crimes or policy violations; experience in the foregoing Operational Risk Management processes and / or Compliance or Audit Programs of a banking back office operations.
- Familiarity with and working knowledge of BSA/AML programs including all aspects of KYC and / or other related risk and regulatory disciplines.
- Proven ability to collaborate with all levels of management and functional groups.
- Demonstrated organizational and time management skills with the ability to manage multiple responsibilities and tasks simultaneously.
- Sound analytical, critical thinking and problem-solving skills
Desired Qualifications:
- Knowledge and a broad background in Wholesale Banking.
- Experience in Operational risk management processes and/or compliance and / or audit and / or regulatory programs with KYC Duties.
- On-boarding/Periodic Review KYC customer processing or Financial Crimes Investigations experience strongly preferred.
- Thorough understanding of CIP/CDD/EDD requirements .
- WF AML/Sanctions Credential, ACAMS, CFE or CRCM designation.
- Excellent communication and relationship/partnership building skills.
- Proficiency in Office Suite (Excel, Word, PowerPoint, Outlook) and SharePoint.
- Bachelor’s degree in business, finance or economics Excellent communication and relationship/partnership building skills.
- Proficiency in Office Suite (Excel, Word, PowerPoint, Outlook) and SharePoint.
- Bachelor’s degree in business, finance or economics.
Job Expectations:
- This position will be working with the Wells Fargo Financial Crimes Risk Management Team within the Commercial Capital Risk Organization. The Due Diligence Consultant will report to a Due Diligence Associate Manager within India Hub.
Posting End Date:
7 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.
What We Do
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation. © 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.
Why Work With Us
We're known for our “Well Life” approach to supporting employees’ career aspirations, work-life balance, and mental and physical health. We ranked #2 on the 2023 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career” in the U.S.
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