Institutional Investment Operations Specialist, 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 Specialist. The role involves participating in lifecycle support tasks for institutional trade initiatives, assisting in client account onboarding, providing subject matter expertise on projects, and ensuring compliance with tax regulations. The candidate will work closely with peers, colleagues, and managers to resolve issues and achieve goals.

Job Responsibility:

Participate in lifecycle support tasks for institutional trade initiatives and identify opportunity for process improvements
Assist leadership in bringing individual or teams together in order to resolve complex issues
Assist in client account onboarding, input and monitoring of cash payments, customer service, project support, funding operations, custodial operations, securities settlement services, structured loan operations, general ledger reconciliation, as well as, work to resolve confirmation and ISDA related issue
Provide subject matter expertise on projects along with internal and industry related initiatives
Review and analyze functional operational tasks that require research, evaluation, and exercise independent judgment to guide the deliverable
Present recommendations for resolving complex situations and exercise independent judgement while developing expertise on functions, projects, internal and industry related initiatives
Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Perform due diligence on Forms W-8 and W-9 received from customers, account holders, or other payees
Ensure identify and document the tax residency and classification of customers, account holders, and other payees to correctly apply the applicable tax withholding and information reporting requirements
Identify and resolve discrepancies or incomplete information promptly
Record verified details and outcomes of the due diligence in the System of Records (SoR) with precision and maintain a track of all requests within agreed Service Level Agreement (SLA)
Follow confidentiality and data protection standards during all interactions and adhere to organizations policies, regulatory requirements and quality standards
Strong Knowledge on US Tax regulations
Identifies and highlight/escalate potential risk arising within process
Excellent Interpersonal skills – ability to build relationships
Oversee BAU and identify process enhancement opportunities
Support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture
Work with other Client Data teams to effectively manage and process client data requests
Develop strong working relationships with Stakeholders, Sales, Compliance, other onboarding teams
Ensure and Adhere to the regulations, standards, policies and procedures
Become a risk manager by ensuring data integrity and challenging where required
Provide reporting to senior leadership and produce insightful analyses of the business upon request for management

Requirements:

2+ years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Excellent communication skills both written and verbal
Bachelor's degree in Accounting, Finance, or a business-related field is strongly preferred
Previous experience in Operations and/or Financial Services industry - Relevant work experience of 2+ years in one or a combination of the following: Tax Operations, Back office, middle office, business operations, & compliance and client onboarding within Corporate Investment Banking or Wealth Investment Management
Knowledge and understanding of Excel, PowerPoint, Word
Ability to research, compile, and perform complex analysis on critical operational data
Be highly collaborative and team-oriented
Demonstrate strong analytical and interpersonal skills
Ability to work with impacted areas to understand complex problems
Ability to work in a fast-paced, team oriented environment
Strong multi-tasking abilities in a high performance, high demand environment
Ability to think strategically, drive consensus and influence decision making

Nice to have:

Strong knowledge of TAX Regulations (FATCA, CRS)
Advance knowledge on different type of TAX forms (W8, W9) & data validation
Strong knowledge on withholding statement & calculation
Ability to independently research and analyze financial documents
Ability to understand and work with data, including creating alignment among various data sources, developing trends, and creating risk-based analytics from multiple information sources
Knowledge of client on-boarding and Trade Life-Cycle
Strong analytic ability, with high attention to detail, accuracy and strong problem solving skills
Ability to communicate (written/verbal) effectively at all organizational levels
Ability to plan and organize workload within tight deadlines, meeting day-to-day objectives as well as longer term strategic goals
Perform analysis of, and make recommendations on functionality/efficiency of established controls and processes to ensure appropriate risk based operational procedures are in place and are meeting regulatory requirements/expectations

Additional Information:

Job Posted:
July 08, 2025

Expiration:
July 14, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Institutional Investment Operations Specialist