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

Associate Due Diligence Coordinator