Institutional Investment Operations Associate - Hyderabad, Telangana, India - Wells Fargo

Wells Fargo
Wells Fargo
Verified Company
Hyderabad, Telangana, India

4 weeks ago

Deepika Kaur

Posted by:

Deepika Kaur

beBee Recuiter
Description

About this role:

Wells Fargo is seeking a Institutional Investment Operations Associate


In this role, you will:


  • To manage the activity of the UAT testers to ensure that the system functionality is
fully tested within project timescales and to a high quality.

  • Execute all tests within agreed timescales & as per calendar.
  • Undertake regression testing as required.
  • Raise issues & escalate failed scripts with release team.
  • Prioritize failed scripts & agree next release dates.
  • SQL used to sort the complexity of the search actives.
  • Provide support to testers.
  • Look at postproduction scenarios & raise flags as may be required.
  • Providing the status reporting on assigned project.
  • Identify the root cause of release failures and propose a solution; includes collaborating with onshore/offshore Client Onboarding & release teams.
  • Recommend procedural changes/process improvement to the UAT target operating model.
  • Responsible for appropriately communicating project status to internal stakeholders.
  • Ensure and Adhere to the Regulatory Reporting standards, policies, and procedures.
  • Develop and maintain MIS on endtoend process for tracking turnaround times of deliverables from team and other processing areas.
  • Assist with balancing team workload.
  • Independently research and analyze regulatory reporting requirements and other financial documents.
  • Ability to exercise discretion and use deductive reasoning to create solutions to platform inefficiencies.

Required Qualifications:


  • 6+ months of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:


  • 6+ years of experience in one or a combination of the following in the Capital Markets domain, UAT with working knowledge of client data management, client onboarding operations, AML/KYC, compliance/regulatory oversight, or Operational Risk team.
  • Knowledge of the following systems: Working knowledge of WCIS, CID, COBAM, Cornerstone, Broadridge, Calypso or similar 3rd party vendors a plus.
  • Excellent verbal, written (including drafting), and interpersonal communication skills.
  • Experience compiling metrics (importing/exporting), running detailed Excel formulas, manipulating data, and producing pivot tables.
  • Ability to research, compile, and perform complex analysis on critical operational data.
  • Ability to work in a fastpaced, deadline driven environment as well as flexible to adapt with changing priorities and deadlines. Highly motivated individual with ability to drive results.
  • Highly organized with very strong attention to detail. Excellent presentation skills.
  • Ability to work with impacted areas to understand complex problems. Ability to multitask, perform under pressure and meet tight deadlines. Excellent Interpersonal skills ability to build relationships.

Focuses on a risk-based approach to implement operational controls/processes.

Job Expectations:


Technical Skill set:


  • 3+ years of Experience in UAT, environment & developing testing plans & executing to them.
  • Intermediate experience with Tableau
  • Experienced using tools like
  • MS Excel
  • Good understanding about JIRA, Business Requirement Document (BRD), Documentation, SOP maintenance

Preferred Skills:


  • Ability to understand on Business architecture to build test scenarios/cases for UAT.
  • Strong Knowledge of the banking regulatory reporting rules and regulations including FINRA, QFC and Dodd Frank regulations.
  • Understanding of Capital Markets, & client lifecycle activities, such as corporate actions and merger events
  • Independently research and analyze regulatory reporting requirements and other financial documents.
  • Recommend process improvement ideas, opportunities to streamline the process.
  • Strong Analytic ability, with high attention to detail, accuracy and strong problemsolving skills.
  • Ability to communicate (written/verbal) effectively at all organizational levels.
  • Ability to plan and organize workload within tight deadlines, meeting daytoday objectives as well as longer term strategic goals.
  • Perform analysis of & make recommendations on functionality/efficiency of established UAT target operating model & controls and processes to ensure appropriate risk based operational procedures are in place and are meeting regulatory requirements/expectations.
Ability to manage defects tracking and providing E2E resolution in co


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, Opera
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