Wells Fargo
Institutional Investment Operations Specialist
About this role:
Wells Fargo is seeking a Institutional Investment Operations Specialist
In this role, you will:
- Participate in lifecycle support tasks for institutional trade initiatives and identify opportunity for process improvements
- Assist leadership in bringing individual or teams together in order to resolve complex issues
- Assist in client account onboarding, input and monitoring of cash payments, customer service, project support, funding operations, custodial operations, securities settlement services, structured loan operations, general ledger reconciliation, as well as, work to resolve confirmation and ISDA related issue
- Provide subject matter expertise on projects along with internal and industry related initiatives
- Review and analyze functional operational tasks that require research, evaluation, and exercise independent judgment to guide the deliverable
- Present recommendations for resolving complex situations and exercise independent judgement while developing expertise on functions, projects, internal and industry related initiatives
- Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Required Qualifications:
- 2+ years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- MBA or an advanced degree (or equivalent experience).
- 2+ years experience with a top-tier bank, including at least 2 years in an FX role with specific preference given to those with Settlements and Payments experience.
- Good understanding about Bswift, Hogan, Swift Alliance and other industry standard applications would be preferred
- Good business judgment and strong interpersonal and influencing skills,
- Ability to establish credibility and strong partnership with business partners and other support functions.
- Comfortable to work in matrix organization.
- Must be a team player with a high degree of flexibility, working in a deadline-driven and fast-paced environment including shifts (majorly supporting US business)
- Good written and verbal communication skills, should be comfortable dealing with senior management.
- Proactive control and risk management, addressing gaps in processes and escalating issues to benefit the business and clients in a dynamic environment.
- Ability to work independently in a dynamic and rapidly changing environment and manage multiple priorities.
Job Expectations:
- Specializes in FX Retail Settlements process:
- Deliver quality, sustainable and risk compliant solutions that meet or exceed our customers’ and team members’ needs and expectations within the agreed timeline.
- Operate within well-documented end-to-end processes designed to deliver quality solutions that are valuated continuously.
- Focus on continuous improvement and creation of efficiencies by understanding internal and external customer needs and expectations.
- Determine and address the root cause, in order to eliminate issues, streamline, automate, and innovate to deliver increasingly effective solutions
- Execute responsibilities with precision and reduced error rates
- Global stakeholder management:
- Maintain equitable relationship with senior stakeholders, including Operations, Risk & Control, Technology, Learning, Human resources and Support groups.
- Voice at the table – to bring in technology enhancements, prioritization and delivery of agreed deliverables.
- Superior communication skills to articulate business strategies, on-going BAU events, ICTs, Self-Identified Audit opportunities, listing risk events including mitigating/remediating actions with business partners to manage control events and take proactive steps to avoid any form of escalations.
- Risk & Controls Mindset:
- Compliance with relevant risk standards, policies and regulations to maintain an effective control and regulatory environment.
- Adept at identifying potential risks in operational processes; develops and implements controls to mitigate associated risks
- Ensure system enforced controls, compensating controls, RCSA, daily recon controls (SOD/MOD/EOD) in place.
- Ensure that the team has effective Quality Check process in place.
Additional head count to support volumes and meet client delivery
Posting End Date:
30 Mar 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.
Top Skills
Wells Fargo Hyderabad, Telangana, IND Office
: C9FH+X2J, Divyasree Orion Rd, Madhura Nagar Colony, Gachibowli, Hyderabad, Telangana, India, 500032
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