Business Execution Consultant Corporate Investment Banking (CIB) Heightened Customer Risk Summary Team

Wells Fargo • Saint Louis Park, MN

248d • $73,100 - $129,900 • Onsite

About The Position

Wells Fargo is seeking a detailed-oriented and analytical professional to join our Corporate and Investment Banking Heightened Customer Risk Team as a Business Execution Consultant. In this role, the individual will be responsible for preparing clear, comprehensive, and well-documented customer risk summaries for high-risk clients. The individual's efforts will directly support the bank's efforts in maintaining regulatory compliance and mitigating financial crime risk.

Requirements

• 2+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 1+ years of risk mitigation experience

Nice To Haves

• Experience in Anti-Money Laundering / Bank Secrecy Act (AML/BSA)
• Experience performing customer due diligence and enhanced due diligence analysis
• Ability to communicate effectively, in both written and verbal formats, with senior executive-level leaders
• Strong analytical skills with attention to detail and accuracy
• Experience in Corporate and Investment Banking
• Experience with financial transaction analysis
• Certified Anti-Money Laundering Specialist (CAMS) Certification (or other financial crimes certifications)
• Excellent planning and organizational skills
• Experience with Microsoft Office, SharePoint, and other applications i.e. Lexis Nexis, Bankers Almanac, Worldcheck

Responsibilities

• Participate in a variety of assigned and ongoing business operations to ensure success in meeting business goals and objectives
• Identify opportunities for process improvement by conducting root cause testing of all compliance and business metrics
• Determine areas of strength or Business Execution opportunity within defined scope of work
• Review and research strategies and action plans to establish effective processes while meeting performance metrics and policy expectations
• Utilize independent judgment to guide moderate risk deliverables
• Present recommendations to develop, implement, and monitor strategic approaches, effectiveness of support function, and business performance improvement opportunities for managing risks of the business
• Exercise independent judgment and provide guidance in diverse support functions and operations for a single business group within a line of business
• Collaborate and consult with leaders and executive management
• Provide work direction to less experienced Strategy and Execution staff
• Conduct thorough reviews of high-risk client profiles using internal systems and external research
• Research and evidence risk mitigation in the form of customer risk summaries for the Wells Fargo clients requiring enhanced due diligence for new and existing customers
• Analyze complex financial transaction history along with identifying risk factors and any applicable mitigation
• Collaborate, as needed, with relationship managers, compliance officers, and/or other financial crimes teams to gather necessary information and resolve discrepancies
• Maintain accurate and up-to-date records in systems and workflow tools
• Stay informed on regulatory developments, emerging risk, and industry best practices related to Anti-Money Laundering

Benefits

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree