Institutional Investment Operations Associate - Bengaluru, Karnataka, India - Wells Fargo

Wells Fargo
Wells Fargo
Verified Company
Bengaluru, Karnataka, India

3 weeks ago

Deepika Kaur

Posted by:

Deepika Kaur

beBee Recuiter
Description

Responsibilities

  • Ensure the process of drafting, reviewing Confirmations and matching are completed on a timely basis
  • Escalate in a timely manner within the Operations group and Middle Office to ensure prompt resolution of exceptions/disputes
  • Ensure all client queries/disputes are resolved within the timelines
  • Understands needs and sensitivities of internal and external clients and ensuring that the expectations are met
  • Displays sound working knowledge around derivatives products, terminologies and trade life cycle
  • Acquainted with ISDA standards & definitions
  • Ensure all highrisk items are flagged off to the management on timely basis and the escalation matrix is followed
  • Involve in the various system implementation UAT testing
  • Builds relationship with businesses and counterparties to ensure effective escalation and timely resolutions
  • Partner with Technology to identify/ resolve system issues, and implements system enhancements to increase efficiency
  • Swiftly Identifies potential risks in operational processes; develops and implements controls to mitigate related risk
  • Displays strong analytical skills to improve workflow to increase operational efficiency
  • Take complete responsibility of monitoring daily functions of Derivatives Confirmation Inbound process for the location
  • Organizes the work of the team, assigns task, sets shortterm priorities, monitors all activities and ensure timely and accurate completion of the work
  • Periodically reviews the procedure documents ad check list
  • Ability to train and mentor new hires

Essential Qualifications

  • Graduate or Post graduate
  • 5+ years of experience in OTC Derivative Confirmation
  • Strong interpersonal and influencing skills, with the ability to build strong partnership with business stakeholders and other support functions
  • Strong organizational and project management skills with demonstrated ability to manage expectations and deliver on commitments.

Knowledge and Skills:


  • Understands Derivatives trade life cycle and associated functions
  • ISDA definitions
  • Excellent internal/external client handling skills

Posting End Date:

28 Feb 2024


Job posting may come down early due to volume of applicants.

We Value Diversity


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.


Applicants with Disabilities

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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
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