Senior Securities Operations Representative Job In The Wells Fargo Foundation In India, Hyderabad / Secunderabad, Telangana

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 Department 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 Brokerage Operations About the RoleWells Fargo Brokerage Ops is seeking for a candidate to perform various back-office tasks related to Tax Operations, which involves maintenance of cost basis and tax reporting etc In addition, this team performs payments of backup withholding and tax payments to the IRS and state revenue agencies and oversees the creation and filing of tax returns on behalf of Trust accounts where it is our Fiduciary duty to do soThis 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 expectationsPrimary ResponsibilitiesIs 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:

• To be able to process all type of transactions independently
• Handle the queries form the onshore teams/clients/customers
• Performs a variety of operational tasks in back-office area which high complex in nature.
  
  
• To be able to escalate any discrepancies/issues to the supervisors in a timely fashion
• Good understanding of market participants like custodian, clearing house, brokers, Investment Managers, exchange etc

Essential Qualifications:

• 3-4 years of Securities/Custody/Investment banking experience
• Understands the functionalities of US capital markets and various products like stock/equity, mutual fund, bonds etc
• Very good Understanding of Trade life cycle
• Desirable to have experience of interacting with US customers/external parties
• Performs a variety of operational tasks for moderately to complex level
• Detail-oriented with very good problem solving abilities
• Commerce Graduate with CA/CFA/ICW/Mcom /MBA preferably in Finance vertical

Desired Qualification:

• Candidate should good basic accounting Knowledge
• Very good understanding of tasks like reconciliation, matching, trade settlement, Capital markets etc.
  
  
• Good problem solving and analytical skills and numerical skills
• Typing Skills / Good Communication (Read / Write / Speak)
• Desirable to have experience of interacting with US customers

Working Hours: 6:30pm to 3:30amWork location: Bangalore-IndiaWe 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 requirements.

Candidates 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.