Wellsfargo hires GFI Compliance Analyst-Latin America

Company Profile:

For more than 160 years, Wells Fargo has been a trusted name in the banking and financial services industry, with a reputation for strength and stability. As a indirect subsidiary of Wells Fargo & Company, Wells Fargo India Solutions has earned this same stellar reputation by aligning our goals, governance, vision, and values to those of the bank.

Job Id: 1063BR

Job Role: GFI Compliance Analyst

Location: Latin America

City: Santafe De Bogota(Colombia)

Job Description Global Financial Institutions Compliance Analyst

Supports Relationship Managers to achieve group goals including Compliance functions and Customer Support.  Effectively handle compliance and regulatory matters and ensure that documentation requirements are met. Effectively manage risk.  Monitoring transactional flows and forecasting pipeline to ensure adherence to compliance risk policies. Maintain strong knowledge/understanding of market and client base. Demonstrate solid understanding of Wells Fargo products and services. Demonstrate superior execution skills and responsiveness to customer issues. Strongly organized person with excellent communication, written and team work skills.  

Responsibilities:

• Submission, management and review of prospect and customer background checks.
• Written responses to customer background information for approval and file.
• Auditing and upkeep of customer compliance files. Maintain proper customer file documentation in the standard Global Financial Institutions file format .
• Preparation of CRMS profile for review and approval of the relationship manager as well as of Exception Forms when required for RM Review
• Production of relationship memos and update RM memos.  (Done with input from relationship managers.)
• Collection and review of appropriate documentation for KYC/AML from customers and prospects. This includes identifying documentation and reporting requirements, update and maintain complete files for each customer with documents such as Evidence of Good Standing, Completed and updated Patriot Act, AML Questionnaire, W8 Forms, etc.  Review of all completed forms to asses quality and correctness and when necessary guide the customer until correct completion of forms.
• Conducting annual (minimum) compliance calls with relationship management. Servicing and visiting compliance officers at customer premises,  preparation of Annual Compliance calls Memos and when required of checks questionnaire. A key element of this responsibility is effective engagement of and communication with Compliance Officers at the Head office.
• Documentation and follow up on annual compliance calls.
• Accurate record keeping for timely submission of AML/KYC compliance updates.
• Management of special situations and alerts (in tandem with relationship manager) including interviewing and recording of updates related to standing regulatory orders.
• Translate Investigations sent  into Spanish and deliver to customer, follow up of responses, review and if required request more information. Translate back into English for delivery to the interested party at Head Office
• Keep abreast on all GFI On line Procedures and bulletins.
• Full compliance with laws and regulations, adherence to all compliance policies and procedures.
• Achievement of “satisfactory” ratings on external/internal examinations related to compliance.
• Timely completion and accuracy of all compliance related tasks, activities and processes. This may include (but not be limited to) assisting in the completion of ERAM ratings Risk Ratings, Customer Product Profiles and following the CIP/OFAC/PEP matrix to ensure proper customer credit investigations are being ordered, approved and maintained. 
• Leadership within the office and training as appropriate of office personal on new and changing requirements in this area

Requirements:

• Spanish speaking
• Strong written English communication skills
• Strong organizational skills.
• Proficient with MS Office Suite, including Word and Excel.
• Ability to work in a team environment.
• Ability to train others on key processes, policies and procedures.     
• Proven interpersonal and communication skills, with demonstrated ability work with customers.
• Ability to work under pressure and prioritize workload.
• Ability to work independently.

Apply here.

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