Job Description
About this role:
Wells Fargo is seeking an Institutional Investment Operations Specialist. This is a supervisory position with direct oversight over the FX Investigations process. Acting as a lead for all escalations, operations, business and regulatory initiatives; this position will partner with global business, application support team, operations, compliance, and legal counterparts to ensure effective transparency and Collaboration..
In this role, you will:
• Take complete responsibility of monitoring daily functions of Fxi 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
• Verification of Swifts/Payments on timely manner, adhering to all CCY cut off's and manage escalations/customer complains
• Escalate in a timely manner within the Operations group, Technology application support and Middle Office to ensure prompt resolution of exceptions/disputes
• Candidate should have desirable knowledge about SWIFT standards and their message fields in MT202, MT103, MT 202+103, MT202+202. and FX products
• Competent in TAT Management, Process Improvements, Regulatory Compliance, Audits- Process/Transactional Level including adherence to SLAs
• Candidate willing to work in night shift and work over weekends & US off's
• Ensuring by EOD all the queues are cleared.
• Understands needs and sensitivities of internal and external clients and proactively ensuring these are met
• 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
• Sound & Strong Knowledge of FX Investigations process and trade life cycle
• This profile is highly interact with external clients like corporate, banks, traders, middle office.so candidate should have excellent process and product knowledge
• Should be Instrumental in decision making.
• Ability to lead/coach and train team members, mentor team
• Excellent analytical skill and Language proficiency
• Strong ability to communicate in written/verbal form
• Ability to work to strict deadlines/under pressure and maintain calm manner
• Ability to work as back up to manager in his/her absence and handle team enquires
• Excellent email and time management skills.
• Competent in TAT Management, Process Improvements, Regulatory Compliance, Audits- Process/Transactional Level including adherence to SLAs
• Periodically reviews the procedure documents ad check list
Required Qualifications, International:
• MBA/ Bachelor's degree in Finance preferable
• 6-+ years of experience in the FX operations and investigations/settlements background preferably
• Ability to demonstrate effective analytical skills /decision making skill
• Energetic individual that works well under pressure in a team environment with demanding deadlines
• Ability to identify areas of improvement and also formulate plans to effect positive change within a team environment
• Able to analyze and interpret data from both statistical and efficiency standpoint
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, ****** 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 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.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, ****** 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
Wells Fargo is seeking an Institutional Investment Operations Specialist. This is a supervisory position with direct oversight over the FX Investigations process. Acting as a lead for all escalations, operations, business and regulatory initiatives; this position will partner with global business, application support team, operations, compliance, and legal counterparts to ensure effective transparency and Collaboration..
In this role, you will:
• Take complete responsibility of monitoring daily functions of Fxi 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
• Verification of Swifts/Payments on timely manner, adhering to all CCY cut off's and manage escalations/customer complains
• Escalate in a timely manner within the Operations group, Technology application support and Middle Office to ensure prompt resolution of exceptions/disputes
• Candidate should have desirable knowledge about SWIFT standards and their message fields in MT202, MT103, MT 202+103, MT202+202. and FX products
• Competent in TAT Management, Process Improvements, Regulatory Compliance, Audits- Process/Transactional Level including adherence to SLAs
• Candidate willing to work in night shift and work over weekends & US off's
• Ensuring by EOD all the queues are cleared.
• Understands needs and sensitivities of internal and external clients and proactively ensuring these are met
• 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
• Sound & Strong Knowledge of FX Investigations process and trade life cycle
• This profile is highly interact with external clients like corporate, banks, traders, middle office.so candidate should have excellent process and product knowledge
• Should be Instrumental in decision making.
• Ability to lead/coach and train team members, mentor team
• Excellent analytical skill and Language proficiency
• Strong ability to communicate in written/verbal form
• Ability to work to strict deadlines/under pressure and maintain calm manner
• Ability to work as back up to manager in his/her absence and handle team enquires
• Excellent email and time management skills.
• Competent in TAT Management, Process Improvements, Regulatory Compliance, Audits- Process/Transactional Level including adherence to SLAs
• Periodically reviews the procedure documents ad check list
Required Qualifications, International:
• MBA/ Bachelor's degree in Finance preferable
• 6-+ years of experience in the FX operations and investigations/settlements background preferably
• Ability to demonstrate effective analytical skills /decision making skill
• Energetic individual that works well under pressure in a team environment with demanding deadlines
• Ability to identify areas of improvement and also formulate plans to effect positive change within a team environment
• Able to analyze and interpret data from both statistical and efficiency standpoint
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, ****** 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 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.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, ****** 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
💡 Quick Summary
Seeking a career-building opportunity? The Institutional Investment Operations Specialist position is now open for candidates interested in the Bank Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
