Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Market Job Description
About Wells Fargo India
Wells Fargo India solutions enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Operations, Risk Services and Knowledge Services. EGS operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about EGS at our International Careers website.
Wealth & Investment Management (WIM) is one of the nation's leading providers of financial and investment services in the United States offering a full range of products and services to meet clients' unique needs and help them achieve financial goals. It consists of six different lines of business, one of which is Wells Fargo Advisors group. Within WFA, this requirement is with Brokerage Operations.
Wells Fargo Brokerage Ops is seeking for a candidate to perform various back office & middle office functions, which involves Trade processing, Settlements, Asset Servicing, Reconciliation, Income processing etc. This candidate will be primarily responsible for executing the production work with minimal supervision. Process deals with stringent cutoffs and tight deadlines on a daily basis so the candidate should possess the sense of urgency and willing to go beyond the expectations.
Is responsible for performing a variety of operational tasks for highly complex securities or cash related transactions or processes that require good knowledge of unit functions and systems. Duties may include:
Assign all Trade/ Income differences accurately and on a timely basis.
To be able to process all type of trades/ corporate action events independently.
Handle the queries form the onshore teams/clients/customers.
Performs a variety of operational tasks in middle office area which high complex in nature.
To be able to escalate any discrepancies/issues to the supervisors in a timely fashion.
Very good Understanding of US Trade life cycle
Very good understanding of market participants like custodian, clearinghouse, brokers, Investment Managers, exchange etc.
Leads and/or participates in production improvement efforts; and addresses procedural impacts
Provides management level reporting including service quality, volume tracking, and/or staff performance.
SME of the process/look after the overall process delivery
Make sure all the functions are cross trained appropriately and all the function have backups to manage the staff leave management
Market Skills and Certifications
5-6 years of Securities/Custody/Investment banking experience
Understands the functionalities of US capital markets and various products like stock/equity, mutual fund, bonds etc.
Detail-oriented with very good problem solving abilities
Commerce Graduate with CA/CFA/ICW/M.com /MBA preferably in Finance vertical
Excellent understanding of tasks like reconciliation, matching, trade settlement, Capital markets etc.
Very Good problem solving and analytical skills and numerical skills
Must to have experience of interacting with US customers.
Working Hours: 6:30pm to 3:30am Work location: Bangalore-India
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Internal Number: 50971BR
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $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 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo