Due Diligence Senior Manager- Money Service Business Due Diligence

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About this role:

Wells Fargo is seeking a Due Diligence Senior Manager within Financial Crimes Operations to support the initial and ongoing due diligence of Wells Fargo's portfolio of Money Service Business(MSB) , Third Party Payment Process (TPPP), Payment Intermediaries and Gaming Institutions (PIGI).

In this role, you will:

• Provide expertise, guidance and leadership oversight for the Money Service Business(MSB) , Third Party Payment Process (TPPP), Payment Intermediaries and Gaming Institutions (PIGI) client portfolios, inclusive of understanding the client, product and transactional risks associated
• Manage and develop teams of individual contributors and managers conducting financial crimes driven due diligence assessments of the holistic portfolio
• Identify opportunities for process improvement and risk control development by overseeing strategy and execution of all activities
• Lead team by making strategic decisions to resolve highly complex issues related to higher risk deliverables; interpret and develop range of policies and procedures for functions with moderate to high complexity and risk
• Leading large scale initiatives to transform the current state program into an operationally effective process while adhering to existing regulations, policies and industry standard.
• Effectively manage interactions with Wells Fargo customers, senior leaders, Independent Risk Management and Legal
• Develop and guide a culture of talent development to meet organization's objectives and strategy

Required Qualifications:

• 6+ 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
• 3+ years of management or leadership experience

Desired Qualifications:

• 5+ years of Money Service Business, Third Party Payment Process, Gaming Institution and/or Payment Intermediary Due Background in assessing Anti-Money Laundering programs in accordance with financial crimes risks
• Direct Money Service Business program experience
• 5+ years of Due Diligence or Bank Secrecy Act/Anti-money Laundering (BSA/AML) experience
• Experience with RCSA, risk/control identification and assessment, and enterprise risk frameworks
• Knowledge and understanding of internal controls and internal control policy.
• Exposure to large scale commercial industries, such has money services business, payment intermediators, and third part payment processors
• Experience driving oversight of cross-functional programs in fast-paced, complex, and dynamic environments
• Experience building and developing quality programs, inclusive of reporting, process, and procedures execution
• Management consulting experience with a top tier firm, and/or significant experience designing and leading cross-enterprise programs, products, or strategies
• Experience working closely with senior and executive leadership.
• Strong experience leading issues management and risk assessments functions, with proven ability to delivery on critical deadlines.
• Ability to identify talent demonstrating unique skillsets to oversee a balance of large and small scale MSB program

Job Expectations:

• Job will require travel up to 20% of the time.
• Position offers a hybrid work schedule in which you are required to work in office 3 days per week at a minimum in one of the locations listed below.
• Relocation assistance is not available for this position
• Visa sponsorship is not available for this position

Locations: Required location(s) listed below.

• 144039 550 S Tryon, floors 30, 39, and 41 Charlotte, NC
• 145784 4101 Wiseman Blvd, Building 110, 1st floor San Antonio, TX
• 107935 550 S 4th St Minneapolis, MN 55415

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.
$144,400.00 - $300,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:

20 Apr 2025
*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.