Wells Fargo Due Diligence Coordinator 

India, Telangana, Hyderabad 

15291042

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, organizations or locations to identify and mitigate associated sanctions, financial crime, and reputational risks
• Receive direction from supervisor and escalate non-routine questions
• Interact with immediate team and Due Diligence area on wide range of information
• Engage with clients indirectly through relationship managers to support meeting policy and regulatory requirements

Required Qualifications:

• 2+ years of Due Diligence experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Experience in due diligence, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 0-2 years of 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.
• Familiarity with and working knowledge of BSA/AML programs including all aspects of KYC and / or other related risk and regulatory disciplines.
• Proven ability to collaborate with all levels of management and functional groups.
• Demonstrated organizational and time management skills with the ability to manage multiple responsibilities and tasks simultaneously.
• Sound analytical, critical thinking and problem-solving skills.
• Knowledge and a broad background in Wholesale Banking.
• Experience in Operational risk management processes and/or compliance and / or audit and / or regulatory programs with KYC Duties.
• On-boarding KYC customer processing or Financial Crimes Investigations experience strongly preferred.
• Thorough understanding of CIP/CDD/EDD requirements .
• 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:

• Conducting Know your Customer (KYC) Compliance process for WFCO processes in line with the requirements of the USA Patriot Act as well as Wells Fargo corporate AML / BSA policy requirements.
• Analyze risks on escalated, referred, or alerted negative news. Communicate negative findings to lines of business and supply guidance on course of action.
• Identifying and researching the patterns, trends and anomalies in transactional and customer data to detect, prevent, mitigate and report suspicious activity related to money laundering and terrorist financing.
• Review Customer Due Diligence information for accuracy and investigate discrepancies.
• Identify Higher Risk clients and obtain Enhanced Due Diligence where appropriate.
• Analyze potentially suspicious activity, which will require the review of historical activity along with customer information.
• Interact with compliance representatives to assess potential unusual activity.
• Maintain program and procedures, making updates as needed.
• Assist as needed with examinations and/or audits.

Wells Fargo Recruitment and Hiring Requirements:

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