Sorry, this job is no longer accepting applications. See below for more jobs that match what you’re looking for!

Enhanced Due Diligence And Escalations Consultant

Expired Job

Wells Fargo Salt Lake City , UT 84101

Posted 3 months ago

Job Description:

At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wholesale Banking provides financial solutions to businesses across the United States and globally. Our nine major business lines include Business Banking, Middle Market Banking, Government and Institutional Banking, Corporate Banking, Commercial Real Estate, Financial Institutions Group, Wells Fargo Commercial Capital, Wells Fargo Securities, and the Investment Portfolio. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.

Wells Fargo Commercial Real Estate (CRE), an industry leader, provides a comprehensive platform of financing and banking solutions to regional and national owners, operators and developers, public and private REITs, and real estate investment management and private equity firms. The CRE Risk Management team provides risk management support and oversight for the multiple lines of business within CRE.

This position is on the CRE Financial Crimes Risk team. The Enhanced Due Diligence (EDD) and Escalations Consultant will be responsible for the following:

  • Understands, validates and tracks customer data including risk scores derived from the bank's automated risk scoring solutions. Interacts with Bank stakeholders to solicit information essential to the risk rating process

  • Collects and maintains lists of high risk customers and others as required

  • Assists in preparations for audits, testing reviews, or regulatory examinations responding to the EDD/Escalations component of these reviews. Assists with the resolution of any issues, findings and/or recommendations

  • Participates in special projects related to client onboarding, EDD/KYC, and AML

  • Assists in overseeing the periodic high-risk customer reviews ensuring that these are executed in accordance with deadlines and that the work product adequately identifies and mitigates any risk identified

  • Participates and/or conducts training presentations and exercises with LOBs regarding the periodic high risk client review processes, relationship memo development, and others as directed

  • Any other tasks and projects, as required

Responsible for investigative research, analysis, and reporting of complex financial crimes transactions, policy violations and/or suspicious situations with high levels of risk. Implements and monitors loss prevention strategies; adjust strategies as necessary. Duties include any or all of the following: conducts investigative research using appropriate investigative techniques to determine liability and impact of cases including mitigation of financial losses or business interruptions. Acts as a liaison with Legal and law enforcement agencies; represents in handling court appearances, depositions, mediations, arbitrations, etc. Partners closely with senior leadership to develop strategies to minimize financial crimes portfolio risk through innovative methods with the ultimate goal of maximizing profits.

Preferred Locations: Charlotte, NC and Salt Lake City, UT. Other locations within the Wells Fargo footprint may be considered.

Team members 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 and if 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.

Required Qualifications

  • 4+ years of experience in one or a combination of the following: fraud, Bank Secrecy Act, anti money laundering, investigations of financial crimes transactions or policy violations, risk management, or compliance; or a BS/BA degree or higher in applied sciences, mathematics, statistics, economics, finance, or criminal justice, with 2+ years of experience in the foregoing

Other Desired Qualifications

  • Strong knowledge of government and regulatory requirements regarding BSA/AML/KYC/CDD in a financial services setting.

  • An in-depth understanding of Wholesale banking, AML risks and sanctions risks across products, services, customers, and geographies serviced by CRE

  • Strong technology skills and demonstrated ability to understand data flows, system enhancement processes and data management

  • Strong organizational and project management skills

  • Strong accuracy and attention to detail

  • Proven critical thinking and analytical skills as well as strong decision-making, and problem-solving skills

  • Excellent interpersonal, verbal, and written communication skills

  • ACAMS and/or other relevant project management accreditation

Street Address

NC-Charlotte: 301 S College St

  • Charlotte, NC

UT-Salt Lake City: 299 S Main St

  • Salt Lake City, UT


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.


See if you are a match!

See how well your resume matches up to this job - upload your resume now.

Find your dream job anywhere
with the LiveCareer app.
Download the
LiveCareer app and find
your dream job anywhere

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Commercial Contract Manager

Motorola Solutions

Posted 2 weeks ago

VIEW JOBS 11/2/2018 12:00:00 AM 2019-01-31T00:00 The Commercial Contract Manager is responsible for reviewing, drafting, negotiating, and finalizing low-medium complexity, routine, high volume procurement, sales, or other contracts in both English and Spanish. This role supports the Company's business objectives in the Latin America and Caribbean region. This position collaborates with internal business partners on negotiation, risk evaluation, and risk mitigation strategies in contracting with government and commercial entities. The Contract Manager will be responsible for escalating contract, internal policy, or legal risks to legal counsel and business partners. The position requires knowledge and experience in contracting concepts, contract interpretation, proposal review and preparation, and dispute resolution. Experience contracting with government entities in Latin America and the Caribbean region is required. Fluency in both English and Spanish is required. The Contract Manager must be able to work under pressure of short deaadlines and a variety of demands from business partners and contracting counter-parties. Additional Job Responsibilities: * Manage contract change control process and negotiate change orders or amendments. * Analyze RFP or contractual requirements, special provisions, terms and conditions to ensure contract compliance with applicable laws and regulations and internal company policies and procedures. * Provide guidance to the business and functional teams on the preparation of the statement of work and other exhibits. * Provide guidance to the business on when to escalate risk issues to senior management and assist with the process to obtain internal approvals for proposal submission and contract execution. Identify and provide guidance to the business on the appropriate management of risks and issues. Suggest risk mitigation solutions. * Collaborate with the business and other functional support teams to prepare contract amendments, change orders, proposals, exhibits, and other related contract or proposal documents. * Oversee submission of contracts and proposals through internal company contract approval process. * Brief manager on proposals and negotiations and establishes negotiation objectives. * Administer and maintain customer and internal correspondence and other communications, prepare status reports, and assure proposals and contract submittals are made in a timely and coordinated manner consistent with customer and business requirements. * Identify and recommend improvements to processes in relation to the job. * May conduct legal or other due diligence research. Specific Knowledge/Skills: * Position requires knowledge and experience of contracting concepts, contract interpretation, proposal preparation, protests, dispute resolution. * Knowledge and experience negotiating a wide variety of agreements, including non-disclosure agreements, teaming agreements, subcontracts, and software license agreement. * Must be able to work under the pressure of deadlines and demands of a variety of business clients and contract counterparties. Qualifications: * Bachelors Degree with 3+ years of contract management experience. * Seeking 3+ years of contract management experience with government entities in Latin America and Caribbean region. * Written and oral proficiency in English and Spanish. * Professional certifications (such as National Contract Management Association) is a plus. * Experience providing strategic and tactical insight and thinking depending on the need of the business. * Experience and understanding of government procurement laws and associated competitive procurement practices. * Working knowledge of business/financial acumen. * Excellent analytical and communication skills (including presentation skills). * Excellent time management, prioritization and computer skills. * Excellent negotiation skills; has a successful track record of negotiating complex customer contracts. * Experience influencing and collaborating with a variety internal business and functional leaders and external customers. * Experience accomplishing work without considerable day to day direction from attorneys or other senior contract managers, but will collaborate with them as needed. Motorola Solutions Salt Lake City UT

Enhanced Due Diligence And Escalations Consultant

Expired Job

Wells Fargo