Due Diligence Associate

6 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 involve conducting comprehensive background investigations on individuals and business entities to identify and mitigate credit (willingness to pay), financial crimes, and reputational risk associated with existing lines of business portfolios and prospects while adhering to the Corporate BSA/AML policies. The components of the background investigation include, but are not limited to criminal and civil litigation, bankruptcies, judgments, and tax liens, corporate registration, adverse news, and the initiation of in-country investigations for high-risk international customers. The Due Diligence Associate are expected to review and analyze investigations data from a suit of sources compiled in a data aggregator. The investigation findings will have a high degree of complexity and will require confirmation or a phase positive determination. Investigation results are summarized in an investigation summary report and delivered to the line of business that is managing or establishing the relationship

**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 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.
- Reviews and analyzes due diligence data from a variety of sources to determine overall risk.
- Screens customers, prospects and/or transactions against various regulatory reporting lists and regionally based sanctions watch lists.
- Evaluates risks to determine permissibility under sanctions, regulations and/or BSA/AML regulations. Works with high-risk customers (e.g. casinos, MSBs, payment processors) to understand controls and activities. Provides appropriate direction to the line of business. Escalates confirmed sanctions alerts, PEP matches and other risks appropriately.
- Performs non-documentary Customer Identification Program on domestic customers in accordance with regulations and bank policy.
- Ensures compliance with guidelines set forth in federal/state anti-money laundering laws and regulations including the Bank Secrecy Act and various sanctions regulations, and in accordance with policy/procedures set by the bank.
- Develops/delivers procedures or training; or mentors Associates with less experience. Effectively manages work requests to meet performance expectations.

**Required Qualifications, International**:

- 3+ years of experience in risk (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk) and a university degree in Business or related discipline

**Desired Qualifications**:

- Ability to take initiative and work independently with mínimal supervision in a structured environment
- Ability to research, analyze, and determine a course of action for financial transactions
- Knowledge and understanding of regulatory compliance requirements surrounding USA PATRIOT Act and Anti Money Laundering (AML) requirements
- Basic Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
- Ability to provide strong customer service and develop customer relationships
- Subject matter expert and Training skills
- Strong organizational and time management skills with the ability to manage multiple responsibilities and tasks simultaneously.

**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

    2 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, 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

    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

    3 weeks ago

    Hyderabad, Telangana, India WELLS FARGO BANK Full time

    About this OpportunityWells Fargo Bank is seeking a highly skilled Due Diligence Associate to join our team.Key ResponsibilitiesEngage with clients to support meeting policies and regulatory requirements.Conduct comprehensive research and background investigations to identify and mitigate risks.Review and analyze due diligence data from various sources to...

  • Due Diligence Associate

    5 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...

  • Associate Due Diligence Coordinator

    5 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

    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,...

  • Due Diligence Associate

    4 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.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

    5 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

    5 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,...

  • Due Diligence Associate

    6 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,...

  • Due Diligence Associate

    5 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**: - 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

    Hyderabad, Telangana, 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 - Review basic issues, policies or procedures for which answers can be quickly obtained related...

  • Due Diligence Specialist

    2 weeks ago

    Hyderabad, Telangana, India WELLS FARGO BANK Full time

    About this role:We are seeking a Due Diligence Associate to join our team at Wells Fargo.In this role, you will be responsible for conducting comprehensive research and background investigations to identify and mitigate risks. You will work directly with clients and relationship managers to ensure that policies and regulatory requirements are met.You will...

  • Due Diligence Associate

    1 month ago

    Hyderabad, India WELLS FARGO BANK 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 satisfactionConduct comprehensive research and background investigations on transactions, individuals, entities,...

  • Due Diligence Associate

    4 weeks ago

    Hyderabad, Telangana, India WELLS FARGO BANK Full time

    About this role:Wells Fargo is seeking a skilled professional to support the Due Diligence team. In this role, you will engage with clients and conduct comprehensive research to identify and mitigate risks. Your responsibilities will include reviewing transactions, individuals, and entities to ensure compliance with regulatory requirements. You will also...

  • 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**: - 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,...

  • 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**: - 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,...