Due Diligence Consultant, Wells Fargo

Wells Fargo

Location:
Philippines, Taguig City

Category:
Banking

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Wells Fargo is seeking a Due Diligence Consultant. We believe in the power of working together because great ideas can come from anyone. Through collaboration, any employee can have an impact and make a difference for the entire company. Explore opportunities with us for a career in a supportive environment where you can learn and grow.

Job Responsibility:

Conducting Know your Customer (KYC) Compliance process for commercial banking processes in line with the requirements of the USA Patriot Act as well as Wells Fargo corporate AML / BSA policy requirements
Responsible for assisting with the implementation and monitoring of a risk-based compliance program to assure compliance with federal, state, agency, legal and regulatory requirements
Responsible for picking up relevant samples for Data Quality exception to assure compliance with as prescribed in the QC framework requirements
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
Analyze risks on escalated, referred, or alerted negative news. Communicate negative findings to lines of business and supply guidance on course of action
Identifying and researching the patterns, trends and anomalies in transactional and customer data to detect, prevent, mitigate and report suspicious activity related to money laundering and terrorist financing
Maintain an Audit Trail of Due Diligence Performed
Analyze potentially suspicious activity, which will require the review of historical activity along with customer information
Interact with compliance representatives to assess potential unusual activity
Maintain program and procedures, making updates as needed
Assist as needed with examinations and/or audits
Sound analytical, critical thinking and problem-solving skills

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
Familiarity with and working knowledge of BSA/AML programs including all aspects of KYC and / or other related risk and regulatory disciplines
Proven ability to collaborate with all levels of management and functional groups

Nice to have:

Good Verbal And Written communication Skill
Ability To Interpret data
Analytical skills
Quick learner
Domain knowledge within banking

Additional Information:

Job Posted:
April 26, 2025

Expiration:
May 06, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Due Diligence Consultant