About this role: Wells Fargo is seeking a Senior Institutional Investment Operations Representative. Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA., by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We are operating in Hyderabad, Bengaluru and Chennai locations. In this role, you will: Perform a variety of operational tasks for complex institutional trades or process extensive knowledge of systems Provide ideas for improving or implementing processes Perform moderately complex duties such as processing, researching inquires, and reconciling transactions Review time sensitive documents Provide training or work direction to less experienced staff Support audit requirements within the process Address compliance and corporate governance issues for the department Lead or participate in projects Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals Interact with internal and external customers as per prescribed process or procedure Identify and drive process re-engineering or transformation opportunities within the process Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements Required Qualifications: 4+ years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: Take responsibility of monitoring daily functions of Derivatives Collateral management process Organizes the work of the team, assigns task, sets short-term priorities, monitors all activities and ensure timely and accurate completion of the work Displays sound working knowledge surrounding Collateral margining process Escalate in a timely manner within the Operations group, Technology application support and Middle Office to ensure prompt resolution of exceptions/disputes Understands needs and sensitivities of internal and external clients and proactively ensuring these are met Acquainted with ISDA/CSA standards definitions 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 Collaborates with global team to produce reports and build metrics Competent in TAT Management, Process Improvements, Regulatory Compliance, Audits- Process/Transactional Level including adherence to SLAs Periodically reviews the procedure documents and check list Ability to train and mentor new hires Review the root cause for a trade valuation difference or unmatched trade. This analysis will be published daily and will be used by management to create informed commentary where call disputes occur. Trade matching will be required in trioptima as part of the root cause analysis and remediation Escalate large discrepancies and report on all differences over a threshold to relevant margin analysts and managers. Review trade, source system, and portfolio level issues and escalate to management and technology or the relevant trading desk. MBA or an advanced degree (or equivalent exp.) 3-4 years experience in Collateral management process, 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 Experience of working across one or more geographic territories or regions. Must be a great team player with a high degree of flexibility, prepared to work in a deadline-driven and fast-paced environment Experience of working with senior leaders cutting across Technology, Operations and Strategy function is an added advantage Job Expectations: Understands Derivatives trade life cycle and associate functions End to End experience of Collateral margining process Good understanding on Colline/Tri-optima/OPICS and other industry standard applications Proficient in Excel CSA set-up Excellent internal/external client handling skills Analytical and detail oriented
