Securities Operations Senior Manager Avp Job In The Wells Fargo Foundation In Bengaluru / Bangalore, India

About Wells FargoWells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $20 trillion in assets Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargocom) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy With approximately 273,000 team members, Wells Fargo serves one in three households in the United States.

Wells Fargo & Company was ranked No 25 on Fortune's 2017 rankings of America's largest corporations Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially News, insights and perspectives from Wells Fargo are also available at Wells Fargo StoriesAbout Wells Fargo India and PhilippinesWells Fargo India and 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, Business Services, Risk Services and Knowledge Services Wells Fargo operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines Learn more about Wells Fargo India and Philippines at our International Careers websiteDepartment OverviewWealth & 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 the Flex team About the RoleWells Fargo WIM Ops is seeking for a candidate to perform various back office & middle office functions, which involves Account maintenance, Asset movement, Trade processing, Settlements, Asset Servicing, Reconciliation, Income processing etc This candidate will be primarily responsible for having oversight of the production work across functions based on the necessity 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 expectationsSpecifically, this role will be part of the Risk & Regulatory leadership team and is responsible for timely and accurate non-financial regulatory reporting and regulatory trade reporting oversight.

Primary ResponsibilitiesIs responsible for having oversight of teams that are performing a variety of operational tasks for highly complex securities or cash related transactions or processes that require good knowledge of unit functions and systemsThe incumbent should have over 10-15 years of experience within Financial Services industry with a strong ability to:

• Provide leadership to all aligned teams to improve processes, implement controls, manage resources, and execute on the WIM Operations strategic plan
• Collaborate with senior leaders and provide input to establish the strategic direction for business initiatives
• Ensure operational policies and procedures comply with regulatory compliance for all aligned capabilities
• Sound knowledge of Account and Event services (Opening and Closing accounts, account management), Asset Movement Services, Trading services (Trade processing / Settlements etc.
  
  ), Holding Services (Corporate Action / Mutual funds processing / Portfolio Reconciliation etc)
• Handle the queries from the U S 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 and stock record to assist in non-financial regulatory reporting
• 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
• General requirement
• Essential Qualifications
• Leading Operations for a large, complex LOB and/or multiple LOBs Build and lead a team of approximately 30+ across a LOB or LOBs.
  
  This span is based on the complexity of the process Build and lead a team to deliver quality and cost effective off-shoring solutions to the US managers Manage the LoB's budgets, revenues and expenses Engage and manage stakeholder relationships and provide solutions when needed.
  
  Engage the partners (counterparts in the US) to plan, assign and manage the delivery of work Operational Excellence: focus on driving continuous improvement Risk Management: proactively identify risks and build robust internal controls Develop and maintain a flexible and skilled resource base for provision of the service collaborating with colleagues for efficient resource management Create opportunities for growth, both horizontal and vertical.
  
  Use Rewards and Recognition to motivate staff and encourage performance Improve Staff Engagement and manage attrition.
  
  Should be willing to work in night shiftSecondary (what s/he does 20% of the time) Review and drive improvements in policies, practices and procedures on an ongoing basis with the view to creating an environment of constant improvement Establishment of service performance measures tied to business outcomes Evaluate impact, implement and measure improvements in standards achieved Build up and maintain a sound knowledge of industry practices and procedures and examine value to the current internal environment .
  
  Ensure no surprises, and active risk management Undertake management of cross-departmental projects, collaborating with other group to achieve WF and WFIS wide objectives in India and in the US Align operating processes with respective LoB's in WF Establish proper operating metrics, and effect continuous improvement Create visibility of India operations through reporting / metrics for India Management

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 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 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 veteranCandidates 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.