Business Accountability Specialist - CSBB Financial Crimes Client Risk Management

About this role:

Wells Fargo is seeking a Business Accountability Specialist for the Enhanced Due Diligence Team as part of Consumer, Small & Business Banking. Learn more about the career areas and business divisions at wellsfargojobs.com.

This role will primarily involve the execution of Enhanced Due Diligence (EDD) processes for CSBB customers. Primary responsibilities will include performing EDD reviews on high-risk non-relationship managed customers.

Additionally, this role may be cross trained to also support due diligence review processes in support of the Customer Risk Review Team, including execution of Event Driven Reviews and Targeted Due Diligence Reviews. The employee may also be asked to contribute to other processed including exits, escalations, high-risk monitoring etc. as needed.

In this role, you will:

• Participate in research, assessment, and documentation of matters relating to the business’ policy and regulatory adherence, risk mitigation, or control efforts; identify patterns and trends and looks for opportunities for procedural or control improvements within area of focus
• Conduct assessments and analysis of basic business or operational outcomes, systems of record, technical assignments, documentation, procedures, or challenges that require research, evaluation, and selection of alternatives; exercise independent judgment to guide completion of medium risk deliverables
• Present concise and well-articulated findings and recommendations, including rationale, to facilitate resolution of identified matters; exercise independent judgment while developing expertise in the risk mitigation or control activities of the business
• Engage in additional research and studies to enhance regulatory knowledge
• Collaborate and consult with colleagues, internal partners, and other business stakeholders to provide feedback, credibly challenge issues, and calibrate, as needed, to ensure alignment, consistency, and accuracy across groups
• Participate in cross-organizational or internal operational initiatives and improvement efforts

Required Qualifications:

• 2+ years of risk management, business controls, quality assurance, business operations, compliance, or process experience, or equivalent demonstrated through one or a combination of the following:  work experience, training, military experience, education

Desired Qualifications:

• 2+ years of BSA/AML (Bank Secrecy Act/Anti-Money Laundering) experience
• 2+ years of fraud prevention or claims experience
• Knowledge and understanding of Financial Crimes Risk Management (FCRM)
• Certified Anti-Money Laundering Specialist (CAMS)
• An active Certified Regulatory Compliance Manager (CRCM) designation
• Experience with ability to effectively drive results, provide feedback/direction, and build relationships with leaders and team members in a geographically dispersed team environment
• Ability to develop operational reporting and performing complex data analysis
• Ability to execute in a fast paced, high demand, environment while balancing multiple priorities
• Ability to work independently
• Strong analytical and quantitative skills
• A BS/BA degree or higher preferred
• Ability to develop partnerships and collaborate with other business and functional areas
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
• Excellent verbal, written, and interpersonal communication skills
• Knowledge and understanding of banking: regulations, compliance, policies, process, and procedures
• Strong organizational, multi-tasking, and prioritizing skills
• Ability to create and deliver dynamic presentations

Job Expectations:

• This position offers a hybrid work schedule

Locations:

• 300 Highway 169 S, Saint Louis Park, MN
• 1525 W W T Harris Blvd., CHARLOTTE, NC

Required location listed above. Relocation assistance is not available for this position.

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to a