Wells Fargo Due Diligence Consultant 

India, Telangana, Hyderabad 

699539430

In this role, you will:

• Own client onboarding process to mitigate risk through a due diligence process
• Participate in conducting less complex client due diligence processes, research and identify opportunities to mitigate risk
• Consult and provide support to interpret policies, guidelines and governance programs
• Support business in execution of due diligence reporting processes and controls
• Review and analyze client onboarding processes or challenges that require research, evaluation, and selection of alternatives
• Exercise independent judgment to guide medium risk deliverables
• Aggregate, evaluate and report results and escalate where necessary
• Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the due diligence function, policies, procedures and compliance requirements
• Collaborate and consult with peers, colleagues, managers and internal and external customers to resolve issues and achieve goals

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

Desired Qualifications:

• Conduct comprehensive research and background reviews of transactions, individuals, entities, organizations or locations to identify and mitigate risks through documenting findings and escalation
• Perform EDD reviews in line with client policy to fulfil Know Your Customer (KYC) requirements.
• Research business escalations to review potential negative news or financial crimes-related potential matches, research and provide recommendation based on findings
• Review basic issues, policies or procedures for which answers can be quickly obtained related to lower risk tasks and deliverables with narrower impact
• Perform tasks to support regular reporting routines and/or ad-hoc requests, which include report review, analysis, research and documentation
• Gather and input data utilizing resources to identify documentation required to meet policy or regulatory requirements
• Evaluate output from the Due Diligence Group which includes Corporate Politically Exposed Persons, Global Sanctions Screening & Reporting, and Enhanced Due Diligence Center
• 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
• 2+ years of Experience in AML Investigations, EDD Reviews, PEP Investigations, Fraud Investigations,customer/transactional

• 2+ years of experience in financial crimes and thorough understanding of CIP/CDD/EDD requirements
• Experience in Process Review Activity (QA/QC)
• Extensive knowledge and understanding of research and analysis
• Strong time management skills and ability to meet deadlines
• 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.
• Good verbal and written communication skills
• Strong analytical, critical thinking and problem-solving skills. Ability to prepare management level presentations, present reports to and interact with senior leaders
• Experience delivering results in a fast-paced, deadline driven environment while balancing multiple priorities
• Able to articulate a complex problem, design, build and implement a solution and communicate in clear business terms the benefits of the proposed risk management approach
• Provide the highest quality of work in support of the achievement of business goals.
• Exercise independent judgement and discretion handling highly sensitive casework.
• Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members
• ossess good knowledge in US regulations (Bank Secrecy Act, USA PATRIOT Act and Economic Sanctions laws)
• Excellent communication andrelationship/partnershipbuilding skills.
• Proficiency in Office Suite (Excel, Word, PowerPoint, Outlook) and SharePoint.
• Bachelor’s degree in Business, Finance or Economics

Job Expectations:

• Flexibility of working in shifts

11 Mar 2025

Wells Fargo Recruitment and Hiring Requirements:

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