|Due Diligence Associate|
Company: Wells Fargo
Location: Des Moines, IA
Employment Type: Full Time
Date Posted: 04/17/2021
Expire Date: 05/18/2021
Job Categories: Banking, Finance/Economics, Financial Services, Information Technology, Insurance, Military, Sales, Executive Management, Research & Development
Due Diligence Associate|
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message.Â In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.
At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Commercial Banking provides financial solutions to businesses with annual sales generally in excess of $5 million. Our business lines are Wells Fargo Commercial Capital, Middle Market Banking, and Treasury Management & Payment Solutions.
Wells Fargo Commercial Capital
Middle Market Banking
Treasury Management & Payment Solutions
Due Diligence owns the client onboarding process and engages with clients, relationship team and third parties to mitigate risk via a thorough due diligence process which may include: conducting comprehensive research and/or background investigations on transactions, individuals, entities, organizations, or locations to identify and mitigate associated sanctions, credit, financial crimes, and reputational risks and thoroughly documented findings. Engages with clients directly or indirectly through relationship managers to support meeting policy / regulatory requirements in a manner consistent with Wells Fargo's values and focus on client satisfaction. Consults and provides guidance to business groups and process/product owners on the implementation and execution of business-specific programs, processes and controls that review bank customers (individuals/entities), related parties (owners, board of directors, executives) and/or transactions that present a low to moderate degree of complexity and risk to determine appropriateness for Wells Fargo. Consults and provides support in the interpretation of policy, guidelines, and governance programs for low to moderate risk and complexity due diligence programs. Gathers and inputs data utilizing multiple internal systems and/ or external 3rd party resources to identify documentation required to meet policy or regulatory requirements. Analyzes data to identify issues to be escalated for review of compliance with regulatory and department guidance. Supports business in execution of due diligence reporting processes and controls. Aggregates, evaluates, reports results and escalates where necessary. Supports and implements initiatives with low to moderate risk. Internal interaction with team to support identification, management and mitigation of business-specific risk programs. Operates independently and effectively manages work requests to meet performance expectations.
This position may be located at one of the following sites:
1525 W W T Harris Blvd, Floor 02, Charlotte, NC 28262-8522 MAC: D1108-024
8505 IBM Dr, Floor 02, Charlotte, NC 28262-4302 MAC: D1192-025
401 S Tryon St, Floor 07, Charlotte, NC 28202-1911 MAC: D1050-072
800 Walnut St, Floor 02, Des Moines, IA 50309-3605 MAC: 0003-021
100 W Washington St, Floor 05, Phoenix, AZ 85003-1808 MAC: S4101-054
123 S Broad St, Philadelphia, PA 19109-1029
Employees 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 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.
Visit https://www.wellsfargo.com/about/careers/benefits/ for benefits information
Other Desired Qualifications
The salary range displayed below is based on a Full-time 40 hour a week schedule.
NC-Charlotte: 1525 W Wt Harris Blvd - Charlotte, NC
Visit https://www.wellsfargo.com/about/careers/benefitsÂ for benefits information.