Wells Fargo Institutional Investment Operations Associate 

India, Karnataka, Bengaluru 

116513716

About this role:

The role will primarily be responsible for driving forward with our Transaction Reporting Q.A schedule and book of work. The role will also include support of change management projects and processes as a result of the ever-changing regulatory landscape. This role is appropriate for an experienced regulatory reporting SME.

(Note: In addition to these functions employees are required to carry out such other duties as may reasonably be required)

In this role, you will:

• Performing various TR Q.A tests in a timely and accurate manner to ensure that they are in line with the Q.A BOW.
• Production of an Opening memo and Summary memory once the Q.A test is complete. These are also shared in the TR Steer Co’s and Forums.
• Performing the UnaVista vs MDP reconciliation on a regular basis. Resolution of all breaks on a regular basis, analysis on all exceptions to prevent reoccurrence.
• Maintenance and enhancement of governance documents (eg. Process flows and procedures)
• Provide analytical support to regulatory change projects.
• Work with Compliance and Legal team partners on rule interpretations for regulatory change
• 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

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:

• The successful candidate will be self-motivated and have 3 years+ experience in transaction reporting operations, covering MiFID and EMIR, and be able to demonstrate a working knowledge of both the regulations and reporting methodologies.

• Knowledge of transaction reporting operations including EMIR, MiFIR, BOI and SFTR requirements.
• Working product knowledge in OTC Derivatives/Fixed Income and Equities spaces.
• Solid analytical skills.
• Experience of working with project and technology stakeholders to deliver change. Solid communication and organizational skills – to work with local and remote Operations, Technology and Compliance stakeholders.
• Proficient with Microsoft Excel (VBA preferred).

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.