About this role:

Wells Fargo is seeking a Securities Operations Specialist

In this role, you will:

• Participate in low to moderately complex lifecycle support initiatives and identify opportunity for process improvements within Securities Operations
• Review and analyze basic or tactical functional operational tasks or challenges that require research, evaluation, and selection of alternatives; exercise independent judgment related to low-to-medium risk deliverables
• Present recommendations for resolving low to moderately complex situations related to a full process within a trade environment while developing understanding of function, policies, procedures, and compliance requirements
• Provide information to, collaborate, and consult with peers, colleagues and managers, including internal and external customers, to resolve issues and achieve goals
• Develop expertise in the following operational processes including client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, and general ledger reconciliation
• Resolve low to moderately complex escalated issues within the scope of responsibility in Security Operations
• Research low to moderately complex business risks, provide input into policies, enhance customer satisfaction, and review time sensitive documents and transaction requests
• Exercise independent judgment in understanding trade settlement workflow controls to minimalize the effects of operational breakdowns
• Support overall effectiveness of the team according to plans; monitor daily securities and cash related production work
• Contribute and may lead implementation of projects, new or revised processes, and procedures that require coordination among operation teams and perform analysis for initiatives that support business strategies making decisions on matters with financial impact and risk

Required Qualifications:

• 2+ years of Securities Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Key Responsibilities

• Perform daily Trade surveillance related reconciliation for CIB Products
• Reviewing Trade surveillance alerts and conducting analysis of trading and market activity for asset class and programs such as Equities, Information barriers, Fixed income, Futures/ Options, Equity Derivatives, FX, Fixed Income and Forex and Asset management
• Analyze risk across markets by monitoring price/volume movement in the securities using surveillance application to safeguard the firm against any reputational and/or financial risk.
• Ensure that surveillance reviews are being performed properly from a qualitative and timeliness perspective.
• Review of surveillance exceptions with Regions, business personnel and middle office.
• Participate in periodic risk assessments. Identifying gaps within the process and implementing appropriate controls
• Independently lead and drive projects from a surveillance perspective
• Prepare MI reporting and ensure accurate & timely reporting to all stake holders
• Identify, facilitate and implement process improvement ideas to improve efficiency
• Conducting alert-based reviews for potential violations of laws, rules, and regulations.
• Work along with peers, handle multiple reports, engage in result-oriented tasks in a fast-paced environment. Identifying areas for process improvement and contribute towards the same
• Additional duties as assigned & Identifying areas for process improvement and contribute towards the same
• Identify key issues, risks, trends, observations and have them highlighted to management/key stakeholders
• Assist with Audit and Operations inquiries and will keep the manager aware of any concerns or special requirements.
• Follow up on inquiries submitted by various lines of business for resolution or escalation.
• Work closely with Oversight, Technology and Production Support team to resolve the issues/breaks.

Skills/Experience Required:

• 2+ years of overall experience in banking industry required.
• Bachelor's degree in commerce or master's in business administration with finance stream.
• Prior trade surveillance experience with minimum 8 years of overall experience
• Experience with SMARTS, Actimize or similar Trade surveillance systems is a plus
• Experience with navigation and sourcing of information in Bloomberg/public sources
• Product experience with exchange traded products (including equities, futures and Fixed income) and/or information barriers / Asset management
• An understanding of markets and potential market manipulative behavior and a demonstrated ability to conduct reviews relating to regional rules and regulations
• Experience with reviewing trading activity for Compliance and familiarity with securities laws and regulations for identifying potential trading violations
• Ability to prioritize work, meet deadlines, achieve goals and work under pressure in a dynamic and complex environment.
• Detail oriented, results driven, and has the ability to navigate in a quickly changing and high demand environment while balancing multiple priorities.
• Ability to research and report on a variety of issues using problem solving skills.
• Proven ability/proficiency with the use of various types of automation.
• Effective oral and written communication skills.
• Open to any shifts (as applicable for APAC, EMEA, USA & Canada).

Location: Bangalore.

Posting End Date:

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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 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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

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