04 Aug
|
Important Business
|
Bengaluru
04 Aug
Important Business
Bengaluru
We are on the lookout for a confident Securities Operations Representative to join our exceptional team at The Wells Fargo Foundation in Bangalore.
Growing your career as a Full Time Securities Operations Representative is an awesome prospect to develop productive skills.
If you are strong in critical thinking, people management and have the right drive for the job, then apply for the position of Securities Operations Representative at The Wells Fargo Foundation today!
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 Overview
Wealth & 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 Role
Wells Fargo Brokerage Ops is seeking for a candidate to perform various back office functions, which involves Credit Monitoring & Reporting and Priority Credit Line (PCL) Operations. 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:
- Assign all Credit Margin and Priority Credit Line tasks accurately and on a timely basis
- Process all Credit Margin, collateral and Priority Credit Line tasks independently
- To be able to perform basic tasks like reviewing account activity, reviewing reports, and meeting established deadlines
- Perform moderately complex duties such as processing, researching inquires and reconciling transactions
- To be able to process all Margin Agreements, Executing Preferred Interest Rates, Facilitate Employee Stock Option Plan Transactions, Account Restriction Management, Monitoring Day Trade Activity and Bulk Asset Movements
- To be able to follow-up assertively with various external parties.
- Interaction with market participants like custodian, clearing house, brokers, Investment Managers to gather process/product related information
Essential Qualifications:
- 2-4 years of securities/Custody/Investment banking experience preferably on Credit Margin and Priority Credit Line
- Basic understanding of US Securities market
- Understands the basics of capital markets and various products like what is a mutual fund, bonds, what is a stock/equity, etc.
- Attention to detail and comprehension skills
- Commerce Graduate with CA/CFA/ICW/M.com /MBA preferably in Finance vertical
Desired Qualification:
- 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
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 solid 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, 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 Securities Operations Representative in Bangalore:
● Excellent benefits
● Advancement opportunities
● Competitive salary
📌 Securities Operations Representative - with Great Benefits (Bengaluru)
🏢 Important Business
📍 Bengaluru