Market Job Description
About Enterprise Global Services
Enterprise Global Services (EGS) enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services and Knowledge Services.
EGS operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about EGS at our International Careers website.
The Capital Markets Accounting Operations Center of Excellence was established to bring the controller activities into one centralized team within the Controllers division that delivers expertise on anything and everything that touches the ledger.
This team focuses on reconciliations and controls on fixed income, securities, and derivatives for Traded Products. The group performs reconciliations of books and records across Well Fargo Securities supporting the corporate general ledger, stock record, depositories, custodial positions, and SEC / regulatory reporting.
About the Role
The group supports the majority of non-marketable equity investments held by Wells Fargo. Non marketable equity classified instruments can results from a wide set of transactions from proceeds in a bankruptcy proceedings, conditions of software licensing, purchase of office buildings as well as traditional private equity investing.
As a result this group supports many different business partners from lines of business across the company. This team has accounting and operations from trade initiation through reporting covering the entire accounting life cycle of the investments.
Onboarding of new trades, maintenance of trades (such as funding and receipt of dividends) and recording of period equity pickup amounts.
This will involve taking source documentation and inputting into the system of record, Investran and SIMCORP.
based on email requests from various business groups.
Market Skills and Certifications
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law.
We comply with all applicable laws in every jurisdiction in which we operate.