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Institutional Investment Operations Specialist

1 month ago


bangalore, India WELLS FARGO BANK Full time
About this role:
Wells Fargo is seeking an Institutional Investment Operations Specialist.
In this role, you will:
  • Provide support to Derivative clients across Rates, equities, credit and commodity products
  • Take complete responsibility of monitoring daily functions of Derivatives Settlements process
  • Identify and recommend opportunities for process improvement and risk control development
  • Collaborate with all business partners and various departments, create efficiencies and mitigate risk for team and organization
  • Make daily supervisory decisions for team of analysts and resolve issues related to team supervision, work allocation and daily operations
  • Leverage interpretation of policies, procedures and compliance requirements
  • Lead the team to achieve objectives and strategy
  • Supervise confirmation of payments, processing of daily settlements as well as providing support to external and internal clients
  • Organizes the work of the team, assigns task, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work
  • Understands needs and sensitivities of internal and external clients and proactively ensures these are met
  • Partner with Technology to identify/resolve system issues and implement system enhancements to increase efficiency
  • Proactive in identifying potential issues, handling the same and escalating issues to Senior Mgt. in a timely manner
  • Drive learning Initiatives, Adherence to discipline, punctuality & compliance by the team and manage attrition
Required Qualifications:
  • MBA or an advanced degree (or equivalent exp.)
  • Experience of 6 to 10 years in capital markets preferably OTC Derivative Settlements domain which includes Pre-Confirmation, Post Confirmation, Reset advise and Clearing Settlements (LCH, CME and CLS)
  • Understanding about current Regulations and their impact on OTC market & settlements function
  • Ability to effectively communicate (written/verbal)
  • Ability to plan and organize workload within tight deadlines and meeting day-to-day objectives
  • Should have good understanding of Derivative Rates, Equity, credit and commodity products
  • Strong interpersonal and influencing skills, with the ability to build strong partnership with business stakeholders and other support functions
Desired Qualifications:
  • Strong organizational and project management skills with demonstrated ability to manage expectations and deliver on commitments
  • Understanding about current Regulations and their impact on OTC market & settlements function
  • Strong knowledge of market settlement processes like Clearstream, Euroclear and LCH etc.
  • Perform process improvement and redesign - proactively identify, analyze and improve existing processes including leading process reengineering initiatives.
  • Should be competent in leading & managing transition of processes from on-shore to offshore
  • Strong knowledge of US, European and Asian market settlement processes
  • Ability to effectively communicate (written/verbal)
  • Willing to work in US shifts
Posting End Date:
31 May 2024
*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.

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