Wells Fargo Due Diligence Associate 

India, Telangana, Hyderabad 

588018388

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, entities, organizations or locations to identify and mitigate risks through documenting findings
• Review basic issues, policies or procedures for which answers can be quickly obtained related to lower risk tasks and deliverables with narrower impact
• Run periodic due diligence reporting supporting processes reflective of the current business environment
• Gather and input data utilizing resources to identify documentation required to meet policy or regulatory requirements
• Receive direction from supervisor and exercise judgment while developing understanding of function, policies, procedures, and compliance requirements
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Required Qualifications:

• 6+ months 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

• Any bachelor's/master's degree.
• Conducts reviews of bank customers(individuals/entities),
• 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 & 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. Reviews transactions / profiles of high risk customers (e.g. casinos, MSBs, payment processors) to understand controls and activities.
• Escalates confirmed PEP matches. MRB, Negative News and other risks appropriately.
• 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.
• Consults with peers, line of business managers & other external parties regarding due diligence findings.

29 Apr 2025

Wells Fargo Recruitment and Hiring Requirements:

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