Due Diligence Associate

5 months ago

Hyderabad, India WELLS FARGO BANK Full time

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

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.

Due Diligence Associate will be working with the Wells Fargo Due Diligence Team within the WFCO. The Due Diligence Associate will report to a Due Diligence Associate Manager / Due Diligence Manager within WFI Delivery

**Responsibilities**:

- Conducting Know your Customer (KYC) Compliance process for Wholesale processes in line with the requirements of the USA Patriot Act as well as Wells Fargo corporate AML / BSA policy requirements.
- Responsible for picking up relevant samples for Data Quality exception to assure compliance with as prescribed in the QC framework requirements.
- Participates in and provides 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.
- Identifying and researching 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.
- Maintain an Audit Trail of Due Diligence Performed
- 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.
- Sound analytical, critical thinking and problem-solving skills

Essential Qualifications
- Graduation in any stream.
- 4+ years 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.
- Proven ability to collaborate with all levels of management and functional groups.

Desired Skills
- Good Verbal and Written Communication Skill
- Ability to Interpret data
- Analytical skills
- Quick learner
- Domain knowledge within banking

**We Value Diversity**

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.

**Drug and Alcohol Policy**

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

  • Due Diligence Associate

    4 months ago

    Hyderabad, India WELLS FARGO BANK 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

    5 months ago

    Hyderabad, India WELLS FARGO BANK 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

    4 months ago

    Hyderabad, India WELLS FARGO BANK Full time

    **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...

  • Due Diligence Associate

    4 weeks ago

    Hyderabad, Telangana, 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

    5 months ago

    Hyderabad, Telangana, 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

    5 months ago

    Hyderabad, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Associate... **In this role, you will**: - This position will be working with the Wells Fargo Financial Crimes Risk Management Team within the WFCO. The Due Diligence Associate will report to a Due Diligence Associate Manager within India hub. The key responsibilities are: - Conducting Know your...

  • Due Diligence Associate

    4 months ago

    Hyderabad, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Associate... **In this role, you will**: - This position will be working with the Wells Fargo Financial Crimes Risk Management Team within the WFCO. The Due Diligence Associate will report to a Due Diligence Associate Manager within India hub. The key responsibilities are: - Conducting Know your...

  • Due Diligence Associate

    4 weeks ago

    Hyderabad, India WELLS FARGO BANK 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...

  • Associate Due Diligence Coordinator

    4 months ago

    Hyderabad, India Wells Fargo Full time

    **About this role**: The Associate 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...

  • Associate Due Diligence Coordinator

    4 months ago

    Hyderabad, India Wells Fargo Full time

    **About this role**: The Associate 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...

  • Due Diligence Associate

    5 months ago

    Hyderabad, India Wells Fargo Full time

    **About this 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

    4 months ago

    Hyderabad, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Associate... Due Diligence Associate participates and provides compliance support for projects and initiatives with low to high risk to identify, assess and mitigate BSA/AML risks in business activities. Analyzes risks on escalated, referred, or alerted negative news. Communicate negative findings...

  • Due Diligence Associate

    5 months ago

    Hyderabad, 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,...

  • Associate Due Diligence Coordinator

    4 months ago

    Hyderabad, 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

    6 days ago

    Hyderabad, Telangana, India WELLS FARGO BANK Full time

    About this role:Wells Fargo is seeking a highly skilled Due Diligence Associate to join our team.Key Responsibilities: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,...

  • Associate Due Diligence Coordinator

    5 months ago

    Hyderabad, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking an Associate Due Diligence Coordinator... **In this role, you will**: - The Associate 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...

  • Due Diligence Associate

    2 weeks ago

    Hyderabad, Telangana, India WELLS FARGO BANK Full time

    About this Role:Wells Fargo is seeking a highly skilled Due Diligence Associate to join our team. As a key member of our risk management team, you will play a critical role in ensuring the integrity of our transactions and maintaining compliance with regulatory requirements.Key Responsibilities:Engage with clients and relationship managers to support meeting...

  • Due Diligence Associate

    5 months ago

    Hyderabad, India WELLS FARGO BANK Full time

    **About this role**: This position will be working with the Periodic Review team within the Financial Crimes Operations organization. The PR team is responsible for Ongoing Customer Due Diligence (CDD) profile reviews which provides the opportunity to update and refresh information in the system of record. The Due Diligence Associate will report to a Due...

  • Due Diligence Associate

    4 months ago

    Hyderabad, Telangana, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Associate. **In this role, you will**: - Conducts reviews of bank customers (individuals/entities), related parties (owners, board of directors, executives) and/or transactions that present a moderate degree of complexity and risk to determine appropriateness for Wells Fargo. - Conducts...

  • Due Diligence Associate

    4 months ago

    Hyderabad, India Wells Fargo Full time

    **About the 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,...