Wells Fargo Due Diligence Consultant - Sanctions Screening 

India, Telangana, Hyderabad 

324838285

In this role, you will:

• 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.
• Investigate and assess alerts generated by AML systems for appropriate clearance or for further escalation, ensuring compliance with applicable internal policies and procedures and external regulations;
• Review and analyze transactional activity for suspicious/unusual patterns of activity utilizing various internal systems, reports and external data sources;
• Conclude whether further investigation is warranted based on a reasonable assessment of information obtained;
• Review, collect and transmit supporting details to the next level of Operations upon conclusion of review;
• Adhere strictly to compliance and operational risk controls in accordance with Company and regulatory standards, policies and practices; report control weaknesses, compliance breaches and operational loss events;
• Provide a supporting role to on-shore business partners. Assist in reviewing alerts and provide support on all AML and KYC monitoring functions performed by Global CDD;
• Maintain program and procedures, making updates as needed.
• Assist as needed with examinations and/or audits.
• Sound analytical, critical thinking and problem-solving skills.
• Experience with decision making and report writing.

Required Qualifications:

• 2+ years 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
• 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.
• A Bachelor’s degree or with equivalent industry/functional experience
• Fluency in spoken and written English
• Ability to be flexible and willing to change along with changes in corporate and department objectives in addition to recommending changes to assist in meeting these objectives.
• Ability to balance quality and quantity (volumes) with primary focus on quality.
• Ability to learn quickly and adapt to evolving and changing priorities. Procedures change frequently; selected candidates are expected to implement the changes immediately with minimal training.
• Is self-motivated, pragmatic (sense of urgency is a must)
• Willing to work a flexible schedule to accommodate business needs.

Desired Qualifications:

• Ability to take initiative and work independently with minimal 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

Wells Fargo Recruitment and Hiring Requirements:

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