Associate Operations Processor

Wells Fargo Bangalore, India

Company

Wells Fargo

Location

Bangalore, India

Type

Full Time

Job Description

  • About this role:

    Wells Fargo is seeking a role within the cash management space.

    Cash Management team works on inbound payment activities inclusive of posting payments for Wire, Check, Automated Clearing House. Reporting related to cash activities, monitoring workflows, posting suspense, and posting payoffs. Review and validate a customer-initiated money movement request, including cashier's checks, book, or fund transfers (internal), loan advances or payments, or wire transfers and refunds.

    This position is responsible for managing end to end cash application processes, ensuring accuracy and efficiency in cash transactions, and supporting vendor finance and factoring processes.

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The role requires a strong understanding of cash operations and ability to manage deadline, troubleshoot issues, and contribute to team performance.

Key responsibilities
  • Oversee daily cash application activities, ensuring timely and accurate processing of payments / transactions.
  • Investigate, troubleshoot, and resolve exceptions.
  • Analyze and address issues by escalating to management in a timely manner.
  • Gain understanding of various Cash management related applications.
  • Identify risk exposure in the process and able to come up with controls to ensure mitigation of risk.
  • Exhibits detail-oriented skills to ensure zero/near ops loss situations.
  • Flexibility to work in shifts and ensure timely completion of deliverables.
  • High sense of accountability
  • Require considerable knowledge of company personnel policies and practices.
  • Collect data and prepare related operational reports.
  • Skills Required
  • Quick learner and ability to adapt to change.
  • Good knowledge of accounting and corporate financial accounting system
  • Demonstrates/maintains professional conduct under all circumstances.
  • Passion for improving processes and tools to enhance business outcomes and operational efficiency.
  • Highly motivated individual who can work well independently and, in a team, environment.
  • Ability to recognize and escalate issues to management for any process breaches.
  • Required Qualifications:
  • Bachelor's degree in finance. Commerce, Business Administration, or a related field
  • 0 to 6 months of operations support experience in Banking and Financial Services (BFS), or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education.
  • Proficiency in MS office particularly Excels.
  • Excellent communication skills and the ability to work collaboratively across teams.
  • Familiarity with cash management systems will be desirable.
  • Posting End Date:
    2 Feb 2025
    *Job posting may come down early due to volume of applicants.

    We Value Diversity

    At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

    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 US: 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.

    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.

    Apply Now

    Date Posted

    01/23/2025

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