Due Diligence Associate

3 weeks ago

Bengaluru Karnataka, India Wells Fargo Full time

**About Wells Fargo India & Philippines (WFIP)**

Wells Fargo India & Philippines (WFIP) enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services and Knowledge Services. WFIP operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about WFIP at our International Careers website.

**Department Overview**

Commercial Banking Control Operations caters to Onboarding of New to Bank Customers in Commercial banking domain. Team also has Periodic Review, Data Quality Exceptions and Quality Check Capabilities in Wells Fargo India Financial Crimes Control operations. Financial Crimes Onboarding Team Conducts Know your Customer (KYC) Compliance process for Commercial Banking Line of business processes in line with the requirements of the USA Patriot Act as well as Wells Fargo corporate AML / BSA policy requirements. Is 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. Reviews Customer Due Diligence information for accuracy and investigate discrepancies and Interacts with compliance representatives to assess potential unusual activity. Financial Crimes QC Team - Conducts QC reviews on Know Your Customer (KYC) Onboarding activity, Monitoring and Surveillance activity, and other financial crimes related activities and processes to ensure compliance with both the USA Patriot Act as well as Wells Fargo Corporate AML/BSA policy requirements. - Analyzes risks or errors and communicate negative findings to relevant Financial Crimes partner for rectification. Periodic Review Team Performs KYC Refresh Activity for Commercial banking customers. Data Quality Exceptions Team Reviews and resolves Core data element exceptions to ensure Customer data is consistent with Commercial Banking and enterprise data standard.

**About the Role**
Due Diligence Associate should participate and provide 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. Identify and research 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. Review Customer Due Diligence information for accuracy and investigate discrepancies. Identify Higher Risk clients and obtain Enhanced Due Diligence where appropriate. 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.

**About this role**:
Wells Fargo is seeking a Due Diligence Associate

**In this role, you will**:

- Engage with clients directly or indirectly through relationship managers to support meeting policies or regulatory requirements and focus on client satisfaction
- Conduct comprehensive research and background investigations on transactions, individuals, entities, organizations or locations to identify and mitigate risks through documenting findings
- Review basic issues, policies or procedures for which answers can be quickly obtained related to lower risk tasks and deliverables with narrower impact
- Run periodic due diligence reporting supporting processes reflective of the current business environment
- Gather and input data utilizing resources to identify documentation required to meet policy or regulatory requirements
- Receive direction from supervisor and exercise judgment while developing understanding of function, policies, procedures, and compliance requirements
- Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

**Required Qualifications**:

- 6+ months 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**:

- 6+ months of experience in one or a combination of the following: financial services, criminal justice, fraud, Bank Secrecy Act, anti-money laundering, or investigations of financial crimes or policy violations; experience in the foregoing Operational Risk Management processes and / or Compliance or Audit Programs of a banking back-office operations.
- Familiarity with and working knowledge of BSA/AML programs including all aspects of KYC and / or other related risk and regulatory disciplines.
-

  • Due Diligence Associate

    3 months ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About Wells Fargo India & Philippines (WFIP)** Wells Fargo India & Philippines (WFIP) enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services and Knowledge Services. WFIP operates in Hyderabad, Bengaluru and Chennai in India...

  • Due Diligence Associate

    2 weeks ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About the Role** The Due Diligence Associate conducts due diligence and investigations on commercial customers and their related parties (owners, board of directors, and chief level executives), as well as the bank high net value clients seeking to expand or establish new credit relationships. Primary due diligence and investigative responsibilities...

  • Due Diligence Associate

    6 months ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Associate... **In this role, you will**: - Engage with clients directly or indirectly through relationship managers to support meeting policies or regulatory requirements and focus on client satisfaction. - Conduct comprehensive research and background investigations on transactions, individuals,...

  • Due Diligence Associate

    6 months ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Associate **In this role, you will**: - Engage with clients directly or indirectly through relationship managers to support meeting policies or regulatory requirements and focus on client satisfaction - Conduct comprehensive research and background investigations on transactions, individuals,...

  • Due Diligence Associate

    6 months ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Associate... **In this role, you will**: - Engage with clients directly or indirectly through relationship managers to support meeting policies or regulatory requirements and focus on client satisfaction - Conduct comprehensive research and background investigations on transactions, individuals,...

  • Due Diligence Associate

    6 months ago

    Bengaluru, India Wells Fargo Full time

    **Department Overview** Corporate Due Diligence team (CDDI) is seeking a highly motivated, detailed oriented and talented professional for a career opportunity as a Due Diligence Associate. CDDI is Wells Fargo's enterprise solution for customer due diligence, supporting all major lines of business and operating as an extension of the onboarding process for...

  • Due Diligence Associate

    6 months ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Associate. **In this role, you will**: - Engage with clients directly or indirectly through relationship managers to support meeting policies or regulatory requirements and focus on client satisfaction - Conduct comprehensive research and background investigations on transactions, individuals,...

  • Due Diligence Associate

    2 months ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Associate. **In this role, you will**: - Engage with clients directly or indirectly through relationship managers to support meeting policies or regulatory requirements and focus on client satisfaction - Conduct comprehensive research and background investigations on transactions, individuals,...

  • Due Diligence Associate

    4 weeks ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Associate. **In this role, you will**: - Engage with clients directly or indirectly through relationship managers to support meeting policies or regulatory requirements and focus on client satisfaction - Conduct comprehensive research and background investigations on transactions, individuals,...

  • Due Diligence Coordinator

    2 weeks ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Coordinator. The Due Diligence Coordinator conducts due diligence and investigations on commercial customers and their related parties (owners, board of directors, and chief level executives), as well as the bank high net value clients seeking to expand or establish new credit relationships....

  • Due Diligence Coordinator

    6 months ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Coordinator. **In this role, you will**: - Support Due Diligence group - Seek ways to improve client onboarding process, on-going periodic client reviews and quality control activities - Conduct complex comprehensive research or background investigations on transactions, individuals, entities,...

  • Associate Due Diligence Coordinator

    6 months ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking an Associate Due Diligence Coordinator **In this role, you will**: - Conduct Know your Customer compliance process for Wholesale processes in line with the requirements of the United States of America Patriot Act as well as Wells Fargo corporate Anti-Money Laundering and Bank Secrecy Act policy requirements -...

  • Due Diligence Coordinator

    6 months ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Coordinator... **In this role, you will**: - Support Due Diligence group - Seek ways to improve client onboarding process, on-going periodic client reviews and quality control activities - Conduct complex comprehensive research or background investigations on transactions, individuals, entities,...

  • Due Diligence Coordinator

    2 weeks ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a role of Due Diligence Coordinator **In this role, you will**: - Support Due Diligence group - Seek ways to improve client onboarding process, on-going periodic client reviews and quality control activities - Conduct complex comprehensive research or background investigations on transactions, individuals,...

  • Due Diligence Coordinator

    2 weeks ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a role of Due Diligence Coordinator **In this role, you will**: - Support Due Diligence group - Seek ways to improve client onboarding process, on-going periodic client reviews and quality control activities - Conduct complex comprehensive research or background investigations on transactions, individuals,...

  • Due Diligence Associate

    6 months ago

    Bengaluru, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Associate... **In this role, you will**: - Engage with clients directly or indirectly through relationship managers to support meeting policies or regulatory requirements and focus on client satisfaction - Conduct comprehensive research and background investigations on transactions, individuals,...

  • Due Diligence Associate

    3 months ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a **In this role, you will**: - Engage with clients directly or indirectly through relationship managers to support meeting policies or regulatory requirements and focus on client satisfaction - Conduct comprehensive research and background investigations on transactions, individuals, entities, organizations or...

  • Due Diligence Associate

    6 months ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    Wells Fargo is seeking a Due Diligence Associate **In this role, you will**: - 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...

  • Due Diligence Coordinator

    6 months ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: The Due Diligence Coordinator conducts due diligence and investigations on commercial customers and their related parties (owners, board of directors, and chief level executives), as well as the bank high net value clients seeking to expand or establish new credit relationships. Primary due diligence and investigative responsibilities...

  • Due Diligence Coordinator

    4 weeks ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Coordinator. **In this role, you will**: - Support Due Diligence group - Seek ways to improve client onboarding process, on-going periodic client reviews and quality control activities - Conduct complex comprehensive research or background investigations on transactions, individuals, entities,...