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
Wells Fargo India & Philippines 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 Advisory Division (WFA). Within WFA, this requirement is under Middle office brokerage Ops.
Wells Fargo Brokerage Ops is seeking for a candidate to lead the WFA Ops team in WFI&P. The candidate will manage a team up to 15 FTE's within Brokerage Ops, which performs various back office & middle office functions, which involves Trade processing, Settlements, Asset Servicing, Reconciliation, Income processing etc. 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. This candidate will be primarily responsible for meeting the processing SLA's, provide leadership and managing various stakeholders.
Manage a variety of operational tasks of complex security related activity and balancing tasks that require the reconciliation of daily transactions; may have extensive business partners, such as various Mutual Fund companies and/or Vendor contacts.
Manage Settlement exception clearance without being aged beyond the SLA.
Process deals with High Value transaction, which needs supervisors /managers attention to authorize and approve on a daily basis.
Daily interactions with external parties like Portfolio Managers , Brokers, Investment and money managers, fund Admins, clearing agents, Transfer agent companies to gather various information's about trade instructions, Money movements, Fund Transfers, Security Pricing, Corporate action events etc.
Process deals with stringent cutoffs and tight deadlines on a daily basis. Dealing with escalations due to non-responsive parties becomes daily process which is taken care by the managers
Always demonstrate' sense of urgency' and maintain a heightened sense of "Risk - alertness".
Market Skills and Certifications
8-10 years of work experience in the Securities /Financial Market industry and 3-4 years of people management is must
Able to handle critical production or escalation issues with minimal supervision.
Ability to handle multiple tasks and meet tight deadlines.
Plan, coordinates, distributes, and monitors daily securities or cash related production work
Ensuring all Risk parameters are covered & reviewed regularly and have controls in place
To seek clarification on any complicated/exceptional situations
Excellent knowledge of end-to-end trade cycle pertains to the US market.
Very Good understanding of Capital markets products and process
strong technical and problem-solving skills
Commerce Graduate with CA/CFA/ICW/M.com /MBA preferably in Finance vertical
Any other industry related Certifications
Knowledge on Securities/Financial Markets/DTCC/SEI
Desirable to have experience of interacting with US customers.
Good knowledge and work experience in the Securities /Financial Markets/Mutual Funds/Reconciliation
Good problem solving skills, Attention to detail and comprehension skills
Must be open to work in any shift as per business requirements
Leadership Expectations at Wells Fargo
As a Team Member manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:
Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.
Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.
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: 50973BR
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