We are looking to hire a creative Institutional Investment Operations Manager to join our dynamic team at The Wells Fargo Foundation in Secunderabad.
Growing your career as a Full Time Institutional Investment Operations Manager is a terrific opportunity to develop competitive skills.
If you are strong in communication, leadership and have the right initiative for the job, then apply for the position of Institutional Investment Operations Manager at The Wells Fargo Foundation today!

About Wells Fargo - Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Department Overview - Corporate and Investment Banking (CIB) Securities Shared Services Operations is a cross-functional group of teams that provide support for CIB-Markets and the broader Wells Fargo organization. Shared Services are the owners and stewards of both client and reference data with a focus on operational excellence and superior client service. From Reference Data Services perspective, the Client Data team creates Client Accounts as part of Client On-Boarding process and provides support in Account Data Maintenance as well which includes Data Integrity and Account Documentation. The Main areas of interaction is with all departments within Capital Market Sales, Compliance, and Settlement Ops, Account control Ops, AML/KYC, Middle Office and Credit.

About the Role - The Operations Shared Services team is a cross-functional team that provide support for Reference Data and aims to be the owners and stewards of both client and reference data with a focus on operational excellence and superior client servicing. This is a senior management position within Client Data team with direct oversight for Documentation across business products and functions. This individual will lead the front to back of CIB Tax Operations inclusive of Tax Form Validations, With-Holding, Reporting, Change in Circumstances and Cost Basis activities. Acting as a lead for all escalations, operations, business and regulatory initiatives this leader will face-off to global business, operations, compliance, and legal counterparts to ensure effective transparency and partnership. This person will also be responsible for adherence to regulatory rules and implementation across the team.

Responsibilities:
. Handling tax documentation, withholding and reporting inquiries raised by business partners
. Daily TEFRA, NRA and FATCA withholding reconciliation and remittance
. Research and resolution of reporting and withholding exceptions
. 1099 and 1042-S reporting tasks such as mock form reviews, management of trial runs and processing of tax reporting adjustments
. Cost Basis reconciliation and resolution
Additional responsibilities include:
. Identifying and formulating procedural changes which will enhance operational efficiency and data integrity
. Providing leadership on issues raised by the areas we support while communicating ways to improve data quality and client service
.



Partnering with upstream processing teams such as corporate actions and middle office to identify the root cause of issues and mitigate operational risk
2+ years of experience in Tax Operations with a basic understanding of:
. Chapter 3 (NRA), Chapter 4 (FATCA), and Chapter 61 (TEFRA) withholding and reporting requirements
. Preparation of Forms 1099 and 1042-S
. Validation of IRS Forms W-9, W-8IMY, W-8BEN-E, and W-8ECI
. Technical tax withholding and reporting compliance (1099 INT, 1099 MISC, 1099-B, 1042-S, IMY Reporting to Beneficiary Owners)
. Cost Basis reporting
. International Tax, including relief at source
. Project management skills with a focus on process improvement and change management experience with UAT testing and vendor management
Core Operations Management:

- Manage multiple teams to ensure successful service delivery to various stakeholders
- To ensure that BAU is processed as per SLAs
- Manage E2E Service Delivery and drive Quality as a differentiating factor with regards to Process Excellence
- Proactive in identifying process and knowledge gaps, and effectively manage escalations
- Work closely with Delivery teams on TAT Management, Process Improvements, Reg. Compliance, Audits- Process/Transactional Level and adherence to SLAs
- People Leadership Attract, retain and develop top talent, including attrition management.
- Ensure strong focus on short and long term objectives, training, succession planning, career development, and managing career opportunities.
- Interact with the team on daily basis, conduct weekly 1-on-1 meetings.
- Manage training needs (soft skills, process and business) of the team, along with ensuring completion of the mandatory training programs.
- Performance management, conduct appraisals, complete action plans for people development
- Ensure Learning Initiatives, Adherence to discipline, punctuality and compliance by the team

Global stakeholder management:
- Maintain a harmonious relationship with global stakeholders, effectively syndicating on relevant issues, influencing to arrive at the right decisions
- Interact and communicate with the business partners / requestors on regular basis to help them manage their expectations
- Institute sturdy communication channels with business partners to manage escalations and take proactive steps to avoid any form of escalations

Risk & Controls Mindset:

- Ensure operational practices are in compliance with relevant risk standards, policies and regulations to maintain an effective control environment
- Responsible for Business Continuity, Breaches/Incidents and Quality Assurance
- Ensure BCP strategy is in place for the team
- Test business resiliency for effectiveness
- Identify and improve existing controls, where required
- Ensure that the team has effective Quality Check process in place
- Immediately escalate incidents and follow through with appropriate documentation, reporting and implementation of corrective actions.

Delivery of Strategic Programs:
- Support and manage the delivery of Firm's strategic programs in a high quality, cost effective, timely and sustainable manner with risks and issues identified, prioritized, escalated and managed in a timely and open fashion.
- This includes effective resource management (project / people / technology), and all budgetary and economic elements of delivery

Change Leadership:
- Lead change initiatives across the function and in close partnership with the global stakeholders
- Identify opportunities for increasing operational efficiencies, reducing risk, improving controls,



introducing straight through processing and automation
- Measures effectiveness and efficiency of the Operational processes and should be able to drive technological interventions to build scale and efficiency
- Assist in projects on data interfaces between systems such as defining project scope, data requirements and resources
- Participate in special projects revolving around data cleanups, process improvement analysis and reporting
- Partner with Technology and the lines of business, to deep-dive and identify potential opportunities and drive towards executable solutions, improving controls and delivering cost saves
- Identify the need and scope of automation in various processes and work closely with the IT team

Essential Qualifications & Skills required :
- MBA or an advanced degree (or equivalent exp.)
- 12+ years in Operations , including client documentation with a top-tier bank, including 7 years in a supervisory role and motivating and leading large teams
- Strong organizational and project management skills with demonstrated ability to manage expectations and deliver on commitments
- High degree of flexibility, prepared to work in a deadline-driven and fast-paced environment
- Structured and Disciplined in approach, with strong execution focus and strong organization skills
- Experience working with senior leaders straddling across Technology, Operations and Strategy, working on workflow tools eg: PEGA is a plus
- Proactive control and risk management, addressing gaps in processes and escalating issues to benefit the business and clients in a dynamic environment
- Robust interpersonal and influencing skills, with the ability to establish credibility and strong partnership with business partners and other support functions

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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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.

Benefits of working as a Institutional Investment Operations Manager in Secunderabad:

● Learning opportunities
● Opportunities to grow
● Competitive salary

📌 Institutional Investment Operations Manager - Start Immediately (Secunderabad)
🏢 Nameless
📍 Secunderabad