Senior Due Diligence Consultant

About this role:

Wells Fargo is seeking a Senior Due Diligence Consultant to support ACH, ECS, and Instant Payments Operations within Chief Operations Office (COO). The role supports audit, risk, and compliance activities by providing subject matter expertise and acting as primary point of contact for issue management, various risk assessments, internal and external audits, required compliance, policy, and control reviews, and other related activities. Learn more about our career areas and business divisions at wellsfargojobs.com.

In this role, you will:

• Develop and support a strong risk management culture by serving as a liaison between audit, compliance, business control, other key business partners and the lines of business
• Provide specialized payment network support which includes engagement in payments network consultations and industry issues
• Manage line of business tasks associated with issue management with focus on meeting identified targets and deadlines
• Consult and provide support to interpret policies, guidelines and governance programs
• Support business in execution of due diligence reporting processes and controls
• Review and analyze client onboarding processes or challenges that require research, evaluation, and selection of alternatives
• Exercise independent judgment to guide medium risk deliverables
• Aggregate, evaluate and report results and escalate where necessary
• Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the due diligence function, policies, procedures and compliance requirements
• Collaborate and consult with peers, colleagues, managers and internal and external customers to resolve issues and achieve goals

Required Qualifications:

• 4+ 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

Desired Qualifications:

• Payment Operations experience within ACH, ECS, and/or Instant Payments
• Accredited ACH Professional (AAP) and/or Accredited Payments Risk Professional (APRP) certification(s)
• Knowledge and understanding of the Nacha and/or Real Time Payments (RTP) operating rules & guidelines with ability for practical application of requirements in real life situations
• Experience with audit support and/or issue management
• Critical thinking and analytical skills with high attention to detail and accuracy
• Ability to evaluate risks and the impact of decisions on the business and the organization
• Ability to solve compliance and risk related issues in a deadline driven environment
• Ability to draft and present documentation to support findings  
• Ability to schedule, facilitate, and lead discussion meetings with peers and partners
• Ability to multi-task and pull resources needed to make decisions in a dynamic and complex environment
• Knowledge and understanding of business requirement gathering and analysis
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
• Advanced verbal, written, and interpersonal communication skills

Job Expectations:

• Ability to work on-site at the work location

Location:

• 600 S 4th St, Minneapolis, MN 55415

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 achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Posting End Date:

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.