Due Diligence Coordinator
Wells Fargo
- Location
- Bengaluru South, Karnataka, India
- Job type
- Full-time
About the role
Wells Fargo
Website:
wellsfargo.com
Job details:
- In this role, you will:
- Conduct comprehensive research and background reviews of transactions, individuals, entities, organizations, or locations to identify and mitigate risks through documenting findings and escalation.
- Perform CDD/EDD reviews in line with client policy to fulfill Know Your Customer (KYC) requirements (KYC experience is **mandatory**).
- Research business escalations to review potential negative news or financial-crimes-related matches and provide recommendations based on findings.
- Review basic issues, policies, or procedures for lower-risk tasks and deliverables.
- Support regular reporting routines and ad-hoc requests through report review, analysis, research, and documentation.
- Gather and input data utilizing resources to identify documentation required to meet policy or regulatory requirements.
- Evaluate outputs from the Due Diligence Group including Corporate PEP reviews, Sanctions Screening & Reporting, and EDD Center.
- Receive direction from the supervisor and exercise judgment while developing understanding of function, policies, procedures, and compliance requirements.
- Collaborate with peers, colleagues, and managers to resolve issues and achieve goals.
Required Qualifications
- 2 to 5 years of experience in AML Investigations, **KYC (mandatory)**, CDD/EDD Reviews, PEP Investigations, Fraud Investigations, customer/transactional activity research, and domain knowledge within banking and BSA/AML/OFAC compliance.
- Strong KYC experience including document validation, risk assessment, and customer profile reviews (must-have).
- Logical thinking, strong numeric abilities, and domain understanding.
- Ability to foresee risks, be proactive and predictive while developing mitigation plans.
- Experience delivering results in fast-paced, deadline-driven environments.
- Ability to exercise independent judgment and handle highly sensitive casework.
- Ability to articulate complex problems, design and implement solutions, and communicate benefits in clear business terms.
Desired Qualifications
- Working knowledge of U.S. regulations (BSA, USA PATRIOT Act, Economic Sanctions laws).
- Excellent communication and relationship-building skills.
- Bachelor’s degree in Business, Finance, Economics, or related fields.
Job Expectations
- Flexibility to work in shifts.
Reference Number
R-530708
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