Wells Fargo Associate Due Diligence Coordinator 

India, Karnataka, Bengaluru 

841614057

Department Overview

Corporate Due Diligence Investigations (CDDI) is seeking a highly motivated, detailed oriented and talented professional for a career opportunity as a Associate Due Diligence Coordinator.

In this role, you will:

• Conducts reviews of bank customers(individuals/entities),related parties (owners, board of directors, executives) and/or transactions that present a moderate degree of complexity and risk to determine appropriateness for Wells Fargo.
• 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 and 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. Works with high-risk customers (e.g. casinos, MSBs, payment processors) to understand controls and activities. Provides appropriate direction to the line of business. Escalates confirmed sanctions alerts, PEP matches and other risks appropriately.
• Performs non-documentary Customer Identification Program on domestic customers in accordance with regulations and bank policy.
• 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.

Required Qualifications:

• 0 to 1 years of experience in risk (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk) and a university degree in Business or related discipline.

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
• Basic Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
• Ability to provide strong customer service and develop customer relationships
• 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.