Securities Ops Service Spec 4
- Wells Fargo
- 3 - 6 years
- Bengaluru
- 3 years ago
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Job Description
About the Role Wells Fargo Brokerage Ops is seeking for a candidate to perform various back office middle office functions, which involves Trade processing, Settlements, Asset Servicing, Reconciliation, Income processing etc. This 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 expectations. Responsibilities Is 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:
- Trade processing / Settlements / Corporate Action / Mutual funds processing / Portfolio Reconciliation.
- Assign all Trade/ Income differences accurately and on a timely basis.
- To be able to process all type of trades/ corporate action events independently.
- Handle the queries form the onshore 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
- 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
- 5-6 years of Securities/Custody/Investment banking experience
- Understands the functionalities of US capital markets and various products like stock/equity, mutual fund, bonds etc.
- Detail-oriented with very good problem solving abilities
- Commerce Graduate with CA/CFA/ICW/M.com /MBA preferably in Finance vertical
- Excellent understanding of tasks like reconciliation, matching, trade settlement, Capital markets etc.
- Very Good problem solving and analytical skills and numerical skills
- Must to have experience of interacting with US customers.
Job Classification
Industry: Banking, Financial Services, BrokingFunctional Area: Financial Services, Banking, Investments, Insurance,
Role Category: Mutual Funds/Fund Management/Asset Management
Role: Mutual Funds/Fund Management/Asset Management
Employement Type: Full time
Education
Under Graduation: Any Graduate in Any SpecializationPost Graduation: M.Com in Commerce, MBA/PGDM in Marketing, CA in CA
Contact Details:
Company: Wells FargoLocation(s): Bengaluru
Keyskills: Business services Analytical skills Trade Reconciliation Back office Investment banking Investment management Service quality Operations Trade processing
Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community- based financial services company with $1. 9 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 ...
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