Institutional Investment Operations Associate, Wells Fargo

Wells Fargo

Location:
India, Bengaluru

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Wells Fargo is seeking an Institutional Investment Operations Associate to provide operational and customer support for lifecycle tasks for institutional trades, assist with client account onboarding, and perform various operational functions related to investment banking.

Job Responsibility:

Provide operational and customer support for lifecycle tasks for institutional trades
Assist with client account onboarding, input and monitoring of cash payments, customer service, funding operations, custodial operations, securities settlement services, asset servicing structured loan operations, general ledger reconciliation and work to resolve confirmation and ISDA related issues
Assist in gathering data to support resolution of issues
Receive direction from manager and exercise judgment within defined parameters of the area while developing understanding of various functions, policies and procedures
Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Support the lifecycle of Institutional trades while managing a larger group or multiple groups covering the following functions
T0 Blotter checks, PNL Attribution review, Trace monitoring, Investigation & resolution of exceptions from Internal & external reconciliations for Bonds ( Municipals, agencies & treasuries asset class, monitoring various queues, performing key trade life cycle functions such as trade affirmations, allocations & validation, producing key metrics & varied reporting.
Perform daily Profit and Loss reporting & attribution reporting
Perform daily reconciliation of Profit and Loss with finance and system of record
Perform daily reconciliation of unrealized PNL, realized PNL and marketing fee between system of record and Front Office
Responsible for documenting and maintaining standard operating procedures for PNL Team
Perform other ad hoc projects as assigned
Demonstrate good understanding of financial products & middle office controls.
Knowledge of key regulations impacting the financial markets ( Dodd frank)
Identify and recommend opportunities for process improvement and risk control development
Collaborate with all business partners and various departments, create efficiencies and mitigate risk for team and organization
Interpret and develop policies and procedures for functions with low to moderate complexity
Ability to accurately process high volumes of work within established deadlines
Demonstrates a high degree of reliability, integrity, and trustworthiness in all areas, foster team work

Requirements:

6+ months of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
University degree/Post graduation in Business /Accounts/Economics/Stats.
6 + Months of experience in the institutional Investment Banking Operations especially in Bonds(Municipals, agencies & treasuries)
Working knowledge of the either of functions ex: Middle office Operations, Product control, trade & sales support, trader/sales assistant.
Good understanding of Middle office controls, daily risk & PnL
Willing to work in US Shift.
Ability to work in a fast paced environment and time constraints
Strong communication skills

Nice to have:

Experiences should include familiarity with Investment industry and practices in the Financial Services industry as well as operational delivery experience
Analytic thinker who likes to solve problems with strong attention to detail
Analyst should have strong numerical and analytical skills, strong articulation and out of box thinking.
Good problem solving, analytical and numerical skills

Additional Information:

Job Posted:
April 30, 2025

Expiration:
May 02, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Institutional Investment Operations Associate