Due Diligence Associate Manager

• Supervise a team of individuals who are responsible for executing activities associated with conducting due diligence reviews of bank customers transactions
• Oversee a moderate degree of complexity and risk to determine appropriateness of processes to ensure timely completion, quality and compliance
• Own the client onboarding process and engage with clients, relationship team and third parties
• Mitigate risk through due diligence process
• Identify opportunities for process improvement and risk control development in less complex functions
• Work with due diligence management to implement department policies, procedures and reporting to maximum risk while providing exceptional customer experience
• Establish performance standards, evaluate performance and train and coach staff
• Make daily supervisory decisions and resolve issues related to team supervision, work allocation and daily operations under direction of due diligence management
• Leverage interpretation of policies, procedures, and compliance requirements
• Collaborate and influence all levels of professionals
• Lead a team to achieve objectives
• Manage allocation of people and financial resources for Due Diligence group
• Mentor and guide talent development of direct reports and assist in hiring talent
• Responsible for a team within financial crimes that ensures proactive identification, prevention execution, detection and recovery
• Resolves escalated issues
• communicates with customers, vendors, other departments and financial crimes management
• Responsible for leading a team of Due Diligence Coordinators, Associates and Consultants that is responsible for conducting CDD and EDD Background, Preliminary and adverse news screening and other financial crimes related activities and processes to ensure compliance with both the USA Patriot Act as well as Wells Fargo Corporate AML/BSA policy requirements
• Ensures compliance with regulatory requirements such as Bank Secrecy Act, USA PATRIOT Act, FACTA, etc
• May participate in department projects
• Establishes performance standards, evaluates performance, develops training materials and trains/coaches’ staff
• Manage work assignment for Due Diligence Coordinator, Associate & Consultants and provide status updates to management, line of business & Stateside partners (stakeholders) diligently
• Perform review activities that will provide reasonable assurance that controls are designed and operating effectively
• Ensure all review results are stored in standard formats
• Raise issues to management to ensure Corrective Actions can be created and manage escalations effectively
• Should be able to identify process efficiencies and drive towards implementation
• Participates in and provides compliance support for projects and initiatives with low to high risk to identify, assess and mitigate BSA/AML risk in business activities
• Assist as needed with examinations and/or audits

• 2+ years of Due Diligence, risk management, client service, operations support, or business process management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 1+ years of Leadership experience
• people management experience & overall work experience in operational risk management processes and/or compliance and / or audit and / or regulatory programs with KYC Duties
• Strong in-depth working knowledge of BSA/AML programs including all aspects of KYC and / or other related risk and a university degree in Business or related discipline
• Proven ability to collaborate with all levels of management and functional groups
• Demonstrated organizational and time management skills with the ability to manage multiple responsibilities and tasks simultaneously
• Thorough understanding of CIP/CDD/EDD & Customer Name screening process
• Ability to be objective and capable of independent challenge
• Strong analytical, presentation and critical reasoning skills
• Ability to quickly gain understanding of internal controls of previously unfamiliar areas
• Strong negotiation skills, including the ability to negotiate with numerous parties and reach agreeable solutions
• Proficiency in Office Suite (Excel, Word, PowerPoint, Outlook) and SharePoint
• Bachelor’s degree in business, finance or economics
• Knowledge and a broad background in Wholesale Banking
• On-boarding KYC, Screening, Adverse news disposition and Financial Crimes Investigations experience strongly preferred
• Experience in Operational risk management processes and/or compliance and / or audit and / or regulatory programs with KYC Duties

AML/Sanctions Credential, ACAMS, CFE or CRCM designation, would be added value