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Business Accountability Coordinator

  • Job
    Full-time
    Junior Level
  • Hyderabad, +1
  • 18hrs left

AI generated summary

  • You need 1-2 years in risk management or related fields, AML/EDD/Fraud experience, strong communication and analytical skills, and familiarity with FDR, HOGAN, and similar systems.
  • You will research transactions and individuals to assess risks, review escalations for negative news, support reporting routines, gather and input data, and collaborate to resolve issues.

Requirements

  • 1 to 2 years of Experience in risk management, business controls, quality assurance, business operations, compliance, or process, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 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, GSMOS
  • Experience delivering results in a fast-paced, deadline driven environment
  • Ability to work independently

Responsibilities

  • 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 crimes-related 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 ad-hoc 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

FAQs

What is the primary responsibility of a Business Accountability Coordinator?

The primary responsibility is to provide compliance support for projects and initiatives to identify, assess, and mitigate BSA/AML risk in business activities.

What kind of experience is required for this role?

The role requires 1 to 2 years of experience in risk management, business controls, compliance, or a related field, demonstrated through work experience, training, military experience, or education.

What specific skills are desired for the Business Accountability Coordinator position?

Desired skills include prior experience with AML Investigations, good verbal and written communication skills, analytical skills, the ability to interpret data, and experience using systems such as FDR, HOGAN, ICMP, and others.

Is prior banking experience necessary for this role?

While not explicitly stated as mandatory, domain knowledge within banking is considered a desired qualification.

What is the working environment like for this position?

The job involves delivering results in a fast-paced, deadline-driven environment, and the ability to work independently is emphasized.

Until when will this job posting be available?

The job posting is scheduled to end on February 9, 2025, but it may come down early due to a high volume of applicants.

How does Wells Fargo prioritize diversity and inclusion in the hiring process?

Wells Fargo welcomes applications from all qualified candidates regardless of various protected characteristics, promoting diversity, equity, and inclusion in the workplace.

What is the company’s stance on drug and alcohol use?

Wells Fargo maintains a drug-free workplace, and applicants are expected to comply with their Drug and Alcohol Policy.

What should applicants do if they need accommodations due to a disability during the application process?

Applicants with disabilities can request medical accommodations during the application or interview process through the Disability Inclusion at Wells Fargo.

What type of reporting responsibilities does the Business Accountability Coordinator have?

The role includes supporting regular reporting routines and ad-hoc requests, involving report review, analysis, research, and documentation.

Finance
Industry
10,001+
Employees
1929
Founded Year

Mission & Purpose

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories. Relevant military experience is considered for veterans and transitioning service men and women. Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation. © 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.