Due Diligence Senior Manager

About this role:

Wells Fargo is seeking a competent Senior Due Diligence Manager to manage the Screening & Monitoring operations within the Financial Crimes Operations function.

In this role, you will:

• Manage a team to handle moderate complexity tasks and risk for various business lines
• Own the client onboarding process to mitigate risk thorough a due diligence process
• Oversee the implementation of procedures, controls, analytics and trend analysis to ensure comprehensive due diligence, research and background investigations
• Lead initiatives that cross multiple lines of business in scope with significant impact and risk
• Engage with clients directly or indirectly through relationship managers to support meeting policy and regulatory requirements with focus on client satisfaction
• Manage allocation of people and financial resources to ensure commitments are met and align with strategic objectives in Due Diligence
• Develop and guide a culture of talent development to meet business objectives and strategy

Required Qualifications:

• 6+ 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
• 3+ years of Management experience

Required Qualifications for Europe, Middle East & Africa only:

• Experience in Due Diligence, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Management experience

Desired Qualifications

·Bachelor’s degree or above in business administration, finance, risk management, or related disciplines, preferably with relevant qualification (e.g. CAMS, AAMLP. CAMLP, FRM, CPA, ACCA, etc.)

·8+ years of AML, KYC, CDD, Audit, Banking Operations, 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, education

·Experience should include knowledge in handling team related to processes like On-boarding, Period Review,  specifically Screening and Monitoring, Quality Control / Assurance and Remediations for KYC functions

·Proficient in due diligence databases, KYC software and other investigative tools along with the knowledge & experience to transform processes

·15+ years of experience managing ICs, SMEs, Managers & leading a large cross diverse team

·Exceptional interpersonal skills, communication skills and an ethical mindset

·Active listening, presentation & conflict resolution skills

·Proficient command of both written & spoken English

Process

·Manage day-to-day execution of processes related to Client Due Diligence

·Manage large projects or other process improvement initiatives, with possible cross-department or LOB impacts

·Management oversight of project timelines, strategic plan and success metrics

·Management oversight of implementation of procedures, controls, analytics and trend analysis to ensure comprehensive due diligence, research and background investigations

·Evolve the process workflows & increase overall team efficiencies by recommending enhancements and leveraging resources & transformation expertise from across enterprise

·Reporting skills for various metrics across leadership and supporting WBRs & MBRs  

People

·Manage a large diverse team (~ 100 FTE) across locations(including managing managers & Individual Contributors & SMEs) that handles moderate to high complexity tasks and risks for various business lines

·Engage with Clients & Senior Stakeholders \ Executives  directly or indirectly through relationship managers to support Client Due Diligence requirements with focus on client satisfaction

·Manage allocation of people and financial resources to ensure commitments are met and align with strategic objectives in Due Diligence

·Develop a culture of talent development to meet business objectives and the People agenda strategy

·Coach & Mentor Talent as needed

Job Expectations

·To be open for any shift and workdays

·4:1 Hybrid work schedule; which is privy to change based on Enterprise requirement

·Quarterly Travel requirements to all locations where the team is present

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.