Associate Due Diligence Coordinator

About this role:

Wells Fargo is seeking an Associate Due Diligence Coordinator

In this role, you will:

• Conduct Know your Customer compliance process for Wholesale processes in line with the requirements of the United States of America Patriot Act as well as Wells Fargo corporate Anti-Money Laundering and Bank Secrecy Act policy requirements
• Pick up relevant samples for data quality exception to assure compliance with as prescribed in the Quality Control framework requirements
• Participate in and provide compliance support for projects and initiatives with low to high risk to identify, assess and mitigate Bank Secrecy Act and Anti-Money Laundering risk in business activities
• Analyze risks on escalated, referred, or alerted negative news; communicate negative findings to lines of business and supply guidance on course of action
• Identify and research the patterns, trends, and anomalies in transactional and customer data to detect, prevent, mitigate, and report suspicious activity related to money laundering and terrorist financing
• Maintain an audit trail of due diligence performed
• Analyze potentially suspicious activity, which will require the review of historical activity along with customer information
• Interact with compliance representatives to assess potential unusual activity
• Maintain program and procedures, making updates as needed
• Assist as needed with examinations and audits

Required Qualifications:

• 6+ months of due diligence experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Role: Banking Operations - Other

Industry Type: IT Services & Consulting

Department: BFSI, Investments & Trading

Employment Type: Full Time, Permanent

Role Category: Banking Operations

Education

UG: Any Graduate

PG: Any Postgraduate