Securities Operations Representative - Bengaluru, Karnataka, India - Wells Fargo

Wells Fargo

Verified Company

Bengaluru, Karnataka, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

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 International Careers website.

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

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 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 followup assertively with various external parties.
Interaction with market participants like custodian, clearing house, brokers, Investment Managers to gather process/product related information

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Qualifications:

24 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

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

Posting End Date:

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

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