Wells Fargo-posted 3 months ago
$144,400 - $300,000/Yr
Full-time • Senior
Hybrid • Minneapolis, MN
1,001-5,000 employees
Credit Intermediation and Related Activities

Wells Fargo is seeking a Due Diligence Senior Manager within Financial Crimes Operations to lead the Risk Review and Approval Program for Higher Risk Customer Manager, responsible for review and approval of due diligence activities throughout Wells Fargo inclusive of trigger-based risk assessments, relationship level risk evaluations, enhanced and customized due diligence activities. The role is intended to lead a team of individual contributors and managers who independently evaluate draft due diligence assessments for appropriate risk identification, mitigation and a sound decision in alignment with the acceptable financial crimes risk appetite of the organization.

  • Develop and implement the holistic Risk Review and Approval Program, inclusive of the workflow, standardized approach, development of subject matter experts, and implementation of a formalized feedback loop to leadership on areas of enhancement within their respective programs
  • Provide expertise, guidance and leadership oversight for the program, inclusive of knowledge of the programs, processes and appropriate risk decisions
  • Develop and implementation transformational changes within the existing infrastructure, developing succinct programs that are effective in risk evaluation while implementing operational efficiencies while adhering to existing regulations, policies and industry standard
  • Lead team by making strategic decisions to resolve highly complex issues related to higher risk deliverables; interpret and develop range of policies and procedures for functions with moderate to high complexity and risk
  • Effectively manage interactions with Wells Fargo business partners, senior leaders, Independent Risk Management and Legal
  • Develop and guide a culture of talent development to meet organization's objectives and strategy
  • 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 or leadership experience
  • 5+ years of Due Diligence or Bank Secrecy Act/Anti-money Laundering (BSA/AML) experience
  • Experience with RCSA, risk/control identification and assessment, and enterprise risk frameworks
  • Knowledge and understanding of internal controls and internal control policy
  • Exposure to due diligence activities on a multitude of client types, including individuals, commercial entities, third party service providers, and Politically Exposed Persons
  • Experience driving oversight of cross-functional programs in fast-paced, complex, and dynamic environments
  • Experience building and developing quality programs, inclusive of reporting, process, and procedures execution
  • Management consulting experience with a top tier firm, and/or significant experience designing and leading cross-enterprise programs, products, or strategies
  • Experience working closely with senior and executive leadership
  • Strong experience leading issues management and risk assessments functions, with proven ability to delivery on critical deadlines
  • 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
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