Due Diligence Consultant

Wells Fargo India Solutions Pvt Ltd

Hyderabad

Not disclosed

Work from Office

Full Time

Min. 2 years

Job Details

Job Description

Due Diligence Consultant

About this role:

Wells Fargo is seeking a Due Diligence Consultant.

In this role, you will:

Own client onboarding process to mitigate risk through a due diligence process
Participate in conducting less complex client due diligence processes, research and identify opportunities to mitigate risk
Consult and provide support to interpret policies, guidelines and governance programs
Support business in execution of due diligence reporting processes and controls
Review and analyze client onboarding processes or challenges that require research, evaluation, and selection of alternatives
Exercise independent judgment to guide medium risk deliverables
Aggregate, evaluate and report results and escalate where necessary

Required Qualifications:

2+ years of Due Diligence experience, or equivalent (including risk management, client service, operations support, or business process management) demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

Required to have KYC and Financial crimes Screening experience.
Deep understanding on OFAC, Sanctions, PEP and Versed with navigation of Lexis Nexis
Knowledge and understanding of regulatory compliance requirements surrounding USA PATRIOT Act and Anti Money Laundering (AML) requirements.
Basic Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills.
Ability to provide strong customer service and develop customer relationships and stakeholder relationships.
Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the due diligence function, policies, procedures and compliance requirements
Collaborate and consult with peers, colleagues, managers and internal and external customers to resolve issues and achieve goals

Posting End Date:

5 Feb 2025

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of 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.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Job role