Institutional Investment Operations Associate Manager Job In The Wells Fargo Foundation In India, Bengaluru / Bangalore

Department Overview:The Operations Shared Services team is a cross-functional group of teams that provide support for Reference Data as well as the broader Wells Fargo organization The Shared Services organization aims to be the owners and stewards of both client and reference data with a focus on operational excellence and superior client servicingAbout the Role:This is a senior management position with direct oversight over the Tax Ops within CIB at Bangalore This individual will lead the Tax Form Validations team as part of firm wide Data Management It is a center of excellence providing validation process on Tax Form (W8/W9), updating relevant client account details navigating between multiple systems inclusive of market data vendors, process qualitative reports on data integrity.

Also support federal reporting and withholding requirements This role will help the team handle the changing regulatory environment and the complexities on capital market products within the Internal Revenue Service ('IRS') Chapter 3, Chapter 4 and Chapter 61 reporting and withholding regimes along with applicable state and international tax regulations Acting as a lead for all escalations, operations, business and regulatory initiatives this leader will face-off to global business, operations, compliance, and legal counterparts to ensure effective transparency and partnership This person will also be responsible for implementation of the Shared Services strategy plan across the organization, including control framework, risk review and budgeting for the divisionResponsibilities:

• Handling tax documentation, withholding, and reporting inquiries raised by business partners
• Daily TEFRA, NRA and FATCA withholding reconciliation and remittance
• Research and resolution of reporting and withholding exceptions
• 1099 and 1042-S reporting tasks such as mock form reviews, management of trial runs and processing of tax reporting adjustments
• Cost Basis reconciliation and resolution
• Manage multiple teams led by the manager to ensure successful service delivery to various stakeholders across the globe.
  
  
• To ensure that BAU is processed as per SLAs
• Manage End to End Service Delivery and drive Quality as a differentiating factor about Process Excellence
• To be proactive in identifying process and knowledge gaps, and effectively manage escalations
• Work very closely with Delivery teams on TAT Management, Process Improvements, Regulatory Compliance, Audits- Process/Transactional Level and adherence to SLAs
• Workforce mgt.
  
  , scheduling & rostering and leave planning
• Provide Monthly Performance Metrics
• Develop & maintain a world class and productive team Ensure strong focus on short- and long-term objectives, training, succession planning, career development, and managing career opportunities
• Performance Mgt, conduct appraisals, complete action plans for people development
• Ensure Learning Initiatives, Adherence to discipline, punctuality & compliance by the team & Attrition Management.
  
  
• Ensure operational practices complies with relevant risk standards, policies, and regulations to maintain an effective control environment Responsible for Business Continuity, Breaches/Incidents and Quality Assurance
• Ensure BCP strategy is in place for the team
• Should display an appreciation of control, quality and risk related issues Ensure team follows existent controls
• Identifying and formulating procedural changes which will enhance operational efficiency and data integrity
• Providing leadership on issues raised by the areas we support while communicating ways to improve data quality and client service
• Partnering with upstream processing teams such as corporate actions and middle office to identify the root cause of issues and mitigate operational risk

Essential Qualifications:

• 8-10 years of Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 1+ years of leadership experience

• MBA or an advanced degree (or equivalent exp).
  
  
• Strong interpersonal and influencing skills, with the ability to establish credibility and strong partnership with business partners and other support functions
• Strong organizational and project management skills with demonstrated ability to manage expectations and deliver on commitments

Desired Qualifications:

• Experience of working across one or more geographic territories or regions
• Project management skills with a focus on process improvement and change management experience with UAT testing and vendor management must be a great team player with a high degree of flexibility, prepared to work in a deadline-driven and fast-paced environment
• Excellent presentation skills, effective written and verbal communication skills, should be comfortable dealing with multiple stakeholders.
  
  

We Value DiversityAt 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 lawEmployees 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 requirementsCandidates applying to job openings posted in US:All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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

The Wells Fargo Foundation is looking for .

The Wells Fargo Foundation is looking for Any Graduate / Post Graduate profile candidates.