Due Diligence Coordinator, Wells Fargo

Wells Fargo

Location:
India, Hyderabad

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

Performing screening and alert dispositioning of high-risk transactions and individuals; conducting reviews of bank customers; detecting politically exposed persons (PEPs) & MRB holding accounts and ensuring compliance with anti-money laundering policies and regulations.

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
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 work experience
training
military experience
education

What we offer:

Flexible shift time
emphasis on proactive monitoring
governance
risk identification and escalation
making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements
diversity
equity and inclusion workplace environment
accommodations 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:Finance

Contract Type:Employment contract