Wells Fargo Due Diligence Associate 

India, Telangana, Hyderabad 

561625150

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
• Profound knowledge of local due diligence requirements of EU countries as applicable to high/very high-risk entities.
• Hands on experience on enhanced due diligence requirements forTrusts/SPVs/financialinstitutions
• Analyze and verify customer information and documentation to identify potential risks and discrepancies.
• End to end knowledge of RFI’s/outreach process for gathering requiring client data by profiling their documents.
• Assess the risk level associated with new and existing customers using defined criteria.
• Perform continuous monitoring and screening of clients against various watchlist, sanctions list and regulatory requirements.
• Strong communication skills, both verbal and written, to effectively articulate findings and recommendations
• Proficient in due diligence databases, KYC software and other investigative tools.
• Maintain and update customer profiles in compliance with internal policies and global regulatory requirements.
• Collaborate with other departments to resolve KYC related issues and provide guidance on regulatory requirements.
• Stay current with changes in KYC regulations and industry best practices.

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

Wells Fargo Recruitment and Hiring Requirements:

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