Due Diligence Consultant - Corporate PEP Team

About the position About this role: Wells Fargo is seeking a Financial Crimes Due Diligence Consultant within the Corporate Politically Exposed Person (PEP) Team. Specific responsibilities include but are not limited to: In this role, you will: Making determinations on PEP status, assessing PEP risk levels, understanding complex PEP customers and networks, and documenting rationale related to PEP. Drive successful results and continual process improvement Review and analyze PEP processes or challenges that require research, evaluation, and selection of alternatives Exercise independent judgment to guide low to medium risk deliverables Present recommendations and exercise independent judgment while developing expertise in the PEP function, policies, procedures and compliance requirements. 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

Responsibilities

• Making determinations on PEP status
• Assessing PEP risk levels
• Understanding complex PEP customers and networks
• Documenting rationale related to PEP
• Drive successful results and continual process improvement
• Review and analyze PEP processes or challenges that require research, evaluation, and selection of alternatives
• Exercise independent judgment to guide low to medium risk deliverables
• Present recommendations and exercise independent judgment while developing expertise in the PEP function, policies, procedures and compliance requirements
• 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

Requirements

• 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
• The candidate must demonstrate strong assessment and analytical capabilities, including the ability to critically evaluate information, identify patterns and trends, and make data-informed decisions
• Strong time management skills and ability to meet deadlines
• Microsoft Office (Word, Excel, and Outlook) skills
• Strong analytical skills with high attention to detail and accuracy
• Strong verbal and written communication skills
• Ability to identify, cross-reference, and articulate ambiguous information and act accordingly
• Ability to think strategically, implement, and deliver business objectives
• Ability to execute in a fast paced, high demand, environment while balancing multiple priorities
• Operates independently with supervision support, and effectively manages work requests to meet performance expectations
• Ability to operate effectively at both a conceptual level and a detailed level
• Proven experience building partnerships, collaborating, and influencing key stakeholders
• Ability to collaborate with geographically dispersed teams
• Ability to navigate through ambiguity and maintain momentum driving for results and clarity in uncertain situations

Nice-to-haves

• 2+ years BSA/AML experience
• BS/BA degree or higher
• Experience supporting a Political Exposed Persons (PEP) program by making determinations on a Political Exposed Persons (PEP) status and assessing PEP risk
• Experience conducting Financial Crimes related research, analyzing the results of the research, and summarizing the results of the research and analysis in a clear and concise manner
• Experience with interpreting and analyzing PEP related World Check and World Compliance reports

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

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