Due Diligence Consultant

1 month ago

Chennai, India WELLS FARGO BANK Full time
About this role:

Wells Fargo is seeking a Due Diligence Consultant. This position will be working with the Screening team within the Financial Crimes Operations organization. The Periodic team is responsible for reviewing customer profile information within the due date. The Due Diligence Consultant will report to a Due Diligence Associate Manager.

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 risk-based compliance program to assure compliance with federal, state, agency, legal and regulatory requirements
  • Conduct and provide guidance with process/product owner specific to implementation and execution of business-specific guidelines relating to client on-boarding, client periodic reviews, and quality processes.
  • Provide support in the interpretation of policy, guidelines, and governance programs.
  • Participate in and provide compliance support for projects and initiatives with high risk to identify, assess and mitigate BSA/AML risk in business activities.
  • Act as a subject matter expert on due diligence documentation requirements and data sources. Gather and input data utilizing multiple internal systems and/or external 3rd party resources to identify documentation required to meet policy or regulatory requirements.
  • Act as a focal point for escalated issues and assist in department guidance; develop and deliver procedures/training.
  • Support and implement initiatives with low to moderate risk.
  • Interaction with the internal partners to support the process.
  • Effectively manage work requests to meet performance expectations.
Required Qualifications:
  • 5-8 years of experience in one or a combination of the following
  • Familiarity with and working knowledge of BSA/AML programs including all aspects of KYC and / or other related risk and regulatory disciplines.
  • Bachelor's degree in business, finance or economics.
Required Qualifications for Europe, Middle East & Africa only:
  • Experience in Due Diligence, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
  • Knowledge and a broad background in Commercial Banking and in Corporate and Investment Banking.
  • Experience in operational risk management processes and/or compliance and / or audit and / or regulatory programs with KYC duties.
  • On-boarding/periodic review KYC customer processing or financial crimes investigations experience strongly preferred.
  • Thorough understanding of CIP/CDD/EDD requirements.
  • WF AML/Sanctions credential, ACAMS, CFE or CRCM designation.
  • Strong analytical skills.
  • Excellent communication and relationship/partnership building skills.
  • Proficiency in Office Suite (Excel, Word, PowerPoint, Outlook) and SharePoint.
Job Expectations:
Posting End Date:
22 Oct 2024
*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

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

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

  • Due Diligence Specialist

    4 weeks ago

    Chennai, Tamil Nadu, India WELLS FARGO BANK Full time

    About this RoleWe are seeking a highly skilled Due Diligence Associate to join our team at Wells Fargo Bank. As a key member of our team, you will be responsible for conducting comprehensive research and background investigations on transactions, individuals, entities, organizations, or locations to identify and mitigate risks.Key...

  • Due Diligence Specialist

    4 weeks ago

    Chennai, Tamil Nadu, 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:Utilize due diligence databases, KYC software, and investigative tools to identify and mitigate risks.Collaborate with other departments to resolve KYC-related issues and provide guidance on regulatory requirements.Maintain and update...

  • Due Diligence Coordinator

    5 months ago

    Chennai, 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 Associate

    1 month ago

    Chennai, Tamil Nadu, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Associate **In this role, you will**: - Proficient in due diligence databases, KYC software and other investigative tools. - End to End KYC experience, knowledge of RFI's/outreach process for gathering requiring client data by profiling their documents. - Maintain and update customer profiles in...

  • Due Diligence Associate

    1 month ago

    Chennai, India WELLS FARGO BANK Full time

    About this role:Wells Fargo is seeking a Due Diligence AssociateIn this role, you will:Proficient in due diligence databases, KYC software and other investigative tools. End to End KYC experience, knowledge of RFI's/outreach process for gathering requiring client data by profiling their documents.Maintain and update customer profiles in compliance with...

  • Due Diligence Associate

    2 months ago

    Chennai, Tamil Nadu, 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

    5 months ago

    Chennai, Tamil Nadu, India Wells Fargo Full time

    **About Wells Fargo**: 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,...

  • Due Diligence Associate

    5 months ago

    Chennai, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Due Diligence Associate... **Key Job Responsibilities** - 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 Coordinator

    5 months ago

    Chennai, Tamil Nadu, 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 Associate

    3 months ago

    Chennai, 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

    5 months ago

    Chennai, 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 Specialist

    4 weeks ago

    Chennai, Tamil Nadu, India WELLS FARGO BANK Full time

    About this RoleWells Fargo is seeking a highly skilled Due Diligence Consultant to join our team. This role will be working closely with the Screening team within the Financial Crimes Operations organization.Key ResponsibilitiesConduct thorough Know Your Customer (KYC) Compliance processes for commercial banking activities in line with regulatory...

  • Due Diligence Specialist

    4 weeks ago

    Chennai, Tamil Nadu, India WELLS FARGO BANK Full time

    About this RoleWe are seeking a highly skilled Due Diligence Consultant to join our team at Wells Fargo Bank. As a key member of our Financial Crimes Operations organization, you will play a critical role in ensuring the integrity of our customer onboarding and periodic review processes.Key ResponsibilitiesConduct thorough Know Your Customer (KYC) compliance...

  • Associate Due Diligence Coordinator

    5 months ago

    Chennai, 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 -...

  • Audit & Due Diligence Internship

    2 months ago

    Teynampet, Chennai, Tamil Nadu, India P.Pattabiramen and Co Full time

    As a Customer KYC Due Diligence Intern, you will assist the compliance and risk management team in ensuring that the customers meet all regulatory requirements. You will participate in reviewing and analyzing customer information. This internship offers hands-on experience in one of the most crucial functions of banking compliance. - Customer Due Diligence...

  • Process Associate

    3 weeks ago

    Chennai, Tamil Nadu, India Guidehouse Full time

    Job Overview:Guidehouse is seeking a highly motivated Process Associate to join our team. As a Process Associate, you will play a critical role in assessing the appropriateness and comprehensiveness of client customer due diligence policies, procedures, and processes for obtaining customer information.Key Responsibilities:Assess client customer due diligence...

  • Sme Group Due Diligence-south

    5 months ago

    Chennai, Tamil Nadu, India Grant Thornton Full time

    **Job Summary**: - Skills - CA SME Group - Due Diligence-South Designation - Manager Level Grade - M3 Location - Chennai City - Chennai Job Title - Manager Educational Qualification - CA Work Mode - Work from Office **Roles & Responsibilities**: - Leading multiple financial due diligence engagements for private equity and strategic clients. -...

  • Senior Associate

    2 months ago

    Chennai, India BDO in India Full time

    Core Due Diligence role & responsibilities: Developing an understanding of the business, competitive positioning, strengths, weaknesses, opportunities, challenges etc. of the target businessLead role in execution of client services as Engagement managerLeading the team during project execution, reviewing the report and providing value add...

  • Senior Associate

    2 months ago

    chennai, India BDO in India Full time

    Core Due Diligence role & responsibilities: Developing an understanding of the business, competitive positioning, strengths, weaknesses, opportunities, challenges etc. of the target businessLead role in execution of client services as Engagement managerLeading the team during project execution, reviewing the report and providing value add...

  • Senior Associate

    2 months ago

    Chennai, India BDO in India Full time

    Core Due Diligence role & responsibilities: Developing an understanding of the business, competitive positioning, strengths, weaknesses, opportunities, challenges etc. of the target businessLead role in execution of client services as Engagement managerLeading the team during project execution, reviewing the report and providing value add...