About this role:

Wells Fargo is seeking a Due Diligence Associate Manager...

In this role, you will:

• Supervise a team of individuals who are responsible for executing activities associated with conducting due diligence reviews of bank customers transactions

• Oversee a moderate degree of complexity and risk to determine appropriateness of processes to ensure timely completion, quality and compliance

• Own the client onboarding process and engage with clients, relationship team and third parties

• Mitigate risk through due diligence process

• Identify opportunities for process improvement and risk control development in less complex functions

• Work with due diligence management to implement department policies, procedures and reporting to maximum risk while providing exceptional customer experience

• Establish performance standards, evaluate performance and train and coach staff

• Make daily supervisory decisions and resolve issues related to team supervision, work allocation and daily operations under direction of due diligence management

• Leverage interpretation of policies, procedures, and compliance requirements

• Collaborate and influence all levels of professionals

• Lead a team to achieve objectives

• Manage allocation of people and financial resources for Due Diligence group

• Mentor and guide talent development of direct reports and assist in hiring talent

Required Qualifications:

• 2+ years of Due Diligence, risk management, client service, operations support, or business process management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

• 1+ years of Leadership experience

Desired Qualifications:

• Knowledge and a broad background in Wholesale Banking. On-boarding KYC, Screening, Adverse news disposition and Financial Crimes Investigations experience strongly preferred.

• Experience in Operational risk management processes and/or compliance and / or audit and / or regulatory programs with KYC Duties.

• AML/Sanctions Credential, ACAMS, CFE or CRCM designation, would be added value

Job Expectations:

• Responsible for a team within financial crimes that ensures proactive identification, prevention execution, detection and recovery. Resolves escalated issues; communicates with customers, vendors, other departments and financial crimes management.

• Responsible for leading a team of Due Diligence Coordinators, Associates and Consultants that is responsible for conducting CDD and EDD Background, Preliminary and adverse news screening and other financial crimes related activities and processes to ensure compliance with both the USA Patriot Act as well as Wells Fargo Corporate AML/BSA policy requirements.

• Ensures compliance with regulatory requirements such as Bank Secrecy Act, USA PATRIOT Act, FACTA, etc. May participate in department projects.

• Establishes performance standards, evaluates performance, develops training materials and trains/coaches’ staff.

• The Due Diligence Associate manager’s tasks include, but not limited to :

• Manage work assignment for Due Diligence Coordinator, Associate & Consultants and provide status updates to management, line of business & Stateside partners (stakeholders) diligently.

• Perform review activities that will provide reasonable assurance that controls are designed and operating effectively.Ensure all review results are stored in standard formats.

• Raise issues to management to ensure Corrective Actions can be created and manage escalations effectively.

• Should be able to identify process efficiencies and drive towards implementation

• Participates in and provides compliance support for projects and initiatives with low to high risk to identify, assess and mitigate BSA/AML risk in business activities.

• Assist as needed with examinations and/or audits.

Posting End Date:

21 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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.

Req Number: R-437406