Due Diligence Coordinator, Wells Fargo

Wells Fargo

Location:
India, Hyderabad

Category:
Banking

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

Wells Fargo is seeking a Due Diligence Coordinator to perform screening and alert dispositioning for over match score of 84% & above, detect politically exposed persons (PEPs) & MRB holding accounts, and ensure compliance with anti-money laundering laws and regulations. Responsibilities include conducting reviews of moderate complexity and risk, performing background investigations, and analyzing due diligence data from various sources.

Job Responsibility:

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 & 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

Requirements:

Minimum 2 years' Experience in Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, Corruption, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Shift time: Flexible

What we offer:

Diversity, equity and inclusion in the workplace
Application consideration for employment without regard to race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law
Accommodations available for applicants with disabilities

Additional Information:

Job Posted:
April 26, 2025

Expiration:
April 30, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Due Diligence Coordinator

Wells Fargo

Location:India, Hyderabad

Category:Banking

Contract Type:Employment contract