See more Collapse

Due Diligence Associate

4 weeks ago

Bengaluru, India Wells Fargo Full time

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

**In this role, you will**:

- Responsible for conducting the QA review on the due diligence performed on high-risk customers in line with the requirements of USA Patriot Act as wells as Wells Fargo corporate AML/BSA policy requirements. Deliver against targets for both productivity and quality.
- Evaluates risks to determine permissibility under sanctions, regulations and/or BSA/AML regulations. Reviews transactions / profiles of high-risk customers to understand controls and activities.
- Conducts comprehensive research and/or background investigations on individuals, entities, organizations or locations to identify and mitigate associated sanctions, credit, financial crime, and reputational risks and thoroughly documenting findings in review.
- Responsible for identifying, researching, and analyzing complex financial crimes transactions and referrals, policy violations and/or unusual situations.
- Monitoring of clients for negative news and to identify the Politically Exposed Persons (PEP) that could pose an AML or reputational risk to the firm, sanctions and OFAC screening.
- Investigates, analyzes and summarizes any derogatory information for High-Risk clients.
- Performs detailed analysis to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses/products and write up the detailed review from the findings.
- Proactive QA review and follow-up on referrals and queries.
- Conduct training for new hires or awareness sessions related to financial crimes and build SME capabilities.
- Assist with providing management reporting and trends for work reviewed.
- Collaborate and consult with peers, colleagues, managers and onshore partners to resolve issues and achieve goals.
- ** Essential Qualifications**:

- Overall 5+ years of relevant experience in Financial Crime (AML/Sanctions investigation in large, diverse financial institutions preferably in MNC BPOs or Banks involving - Enhanced Due Diligence or BSA/AML/OFAC Regulatory Compliance related review of Customer relationships)
- Would be required to demonstrate logical thinking, good numeric abilities, domain understanding.
- Ability to foresee risks, be proactive and predictive while developing risk mitigation plans.
- Ability to exercise independent judgement and discretion handling highly sensitive casework.
- Excellent, proven written and verbal communication skills.
- Bachelor's Degree with excellent academic track record.
- ** Desired Qualifications**:

- Possess good knowledge in AML, CDD, ODD & EDD screenings and familiar with US regulations (Bank Secrecy Act, USA PATRIOT Act and Economic Sanctions laws).
- Experience in process review activity (QA/Audit)

**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.

We have other current jobs related to this field that you can find below

  • Due Diligence Associate

    2 weeks ago

    Bengaluru, India WELLS FARGO BANK Full time

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

  • Due Diligence Associate

    1 week 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

    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 Associate

    1 day 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 weeks 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

    2 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 Associate

    2 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 Associate

    1 week 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

    1 week ago

    Bengaluru, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Associate... **In this role, you will**: - Financial Crime Compliance ("FCC") has primary responsibility for the execution of the firm's enterprise-wide Anti-Money Laundering ("AML"), anti-bribery, and government sanctions compliance programs and, among other things, performs enhanced due...

  • Associate - Due Diligence

    2 months ago

    Bengaluru, India TerraPay Full time

    **Role: Senior Due Diligence**, **TerraPay** **Industry**:FinTech **Company: TerraPay **builds payments infrastructure globally, providing a B2B real time cross border payments service for mobile wallets and bank accounts; as well as transaction processing, clearing and settlement services for regional and domestic faster payment systems. We believe in...

  • Due Diligence Associate

    2 months ago

    Bengaluru, India WELLS FARGO BANK Full time

    **About Wells Fargo India & Philippines** WFIP enables businesses and staff groups to leverage global talent and capabilities across multiple geographies. The WFIP Delivery platform includes global in-house centers in India and the Philippines, as well as third-party service providers located globally. Learn more about WFIP at our International Careers...

  • Associate - Due Diligence

    2 days ago

    Bengaluru, Karnataka, India BDO in India Full time

    Core Due Diligence role & responsibilities : organisations with both buy side and sell side due diligence. an understanding of the business, competitive positioning, strengths, weaknesses, opportunities, challenges etc. of the target business and validating data accuracy and follow-up directly with clients and third-party appropriately to achieve necessary...

  • Associate - Due Diligence

    4 weeks ago

    Bengaluru, India BDO in India Full time

    Core Due Diligence role & responsibilities:- organisations with both buy side and sell side due diligence.- an understanding of the business, competitive positioning, strengths, weaknesses, opportunities, challenges etc. of the target business- and validating data accuracy and follow-up directly with clients and third-party appropriately to achieve necessary...

  • Due Diligence Coordinator

    4 days ago

    Bengaluru, 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 Associate

    2 days ago

    Bengaluru, Karnataka, India WELLS FARGO BANK Full time

    About Wells Fargo India & PhilippinesWFIP enables businesses and staff groups to leverage global talent and capabilities across multiple geographies. The WFIP Delivery platform includes global in-house centers in India and the Philippines, as well as third-party service providers located globally. Learn more about WFIP at our International Careers...

  • Due Diligence Coordinator

    1 week ago

    Bengaluru, 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

    4 weeks ago

    Bengaluru, India BDO in India Full time

    Core Due Diligence role & responsibilities: organisations with both buy side and sell side due diligence.an understanding of the business, competitive positioning, strengths, weaknesses, opportunities, challenges etc. of the target businessand validating data accuracy and follow-up directly with clients and third-party appropriately to achieve necessary...

  • Associate - Due Diligence

    4 weeks ago

    Bengaluru, India BDO in India Full time

    Core Due Diligence role & responsibilities: organisations with both buy side and sell side due diligence.an understanding of the business, competitive positioning, strengths, weaknesses, opportunities, challenges etc. of the target businessand validating data accuracy and follow-up directly with clients and third-party appropriately to achieve necessary...

  • Due Diligence Coordinator

    2 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,...

  • 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,...