Job
Description
Department Overview
Wealth & Investment Management (WIM) is one of the nations 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 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.
Primary 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.
- Good understanding of market participants like custodian, clearing house, brokers, Investment Managers, exchange etc.
Essential Qualifications:
- 0-5 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/M.com /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 3:30am
Work location: Bangalore-India