Aml Investigations,bank Secrecyact,fraud&claims - Hyderabad, Telangana, India - Wells Fargo

Wells Fargo

Verified Company

Hyderabad, Telangana, India

5 days ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

About this role:

The Business Accountability Coordinator position is responsible for providing compliance support for projects and initiatives with low to moderate risk to identify, assess and mitigate BSA/AML risk in business activities.

Specifically, the Associate will analyze and research risks escalated, referred or alerted on potential negative news, sanctions or politically exposed person matches; research and provide Customer Due Diligence/Enhanced Due Diligence information; identify and research patterns, trends and anomalies in transactional and customer data to detect, prevent, mitigate and report unusual activity related to money laundering and terrorist financing.

In this role, you will:

Support policy and regulatory adherence, risk mitigation, or control efforts on behalf of the business; proactively seek ways to improve processes and offer ideas for own work and work group.
Perform moderately complex administrative, transactional, monitoring, reporting, and coordination tasks.
Receive direction from supervisor or others acting in a lead capacity and escalate nonroutine questions.
Interact with immediate team and colleagues on a variety of information needs

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Required Qualifications, International:

Experience in business controls, procedures, compliance, or risk, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

Prior experience with AML Investigations, EDD Reviews, Fraud Investigations, customer/transactional activity research, domain knowledge within banking
Good verbal and written communication skills
Ability to interpret data
Analytical skills
Quick learner
Experience using the following systems: FDR, HOGAN, ICMP, MSP or CORE, GISMOS
Experience delivering results in a fastpaced, deadline driven environment.
Ability to work independently.
Conduct comprehensive research and background reviews of transactions, individuals, entities, organizations or locations to identify and mitigate risks through documenting findings and escalation
Research business escalations to review potential negative news or financial crimesrelated potential matches, research and provide recommendation based on findings
Review basic issues, policies or procedures for which answers can be quickly obtained related to lower risk tasks and deliverables with narrower impact
Perform tasks to support regular reporting routines and/or adhoc requests, which include report review, analysis, research and documentation
Gather and input data utilizing resources to identify documentation required to meet policy or regulatory requirements
Receive direction from supervisor and exercise judgment while developing understanding of function, policies, procedures, and compliance requirements
Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Shift Timing 6:30 PM to 3:30 AM

Posting End Date:

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

We Value Diversity

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.

Applicants with Disabilities

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