New job Operations Accountant 2 in Telangana

Operations Accountant 2
Operations Accountant 2

Operations Accountant 2

Company : Wells Fargo
Salary : Details not provided
Location : Telangana

Full Description

About Wells Fargo


Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Market Job Description


About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

About Wells Fargo India

and Philippines

Wells Fargo India and Philippines 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. Wells Fargo operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about Wells Fargo India and Philippines at our International Careers website.

Department Overview


The Well Fargo Commercial Real Estate division has consistently outperformed its competitors thereby taking a leading market share in the US. WFIS Commercial Real estate team has 470+ team members across Hyderabad and Bengaluru. Account Reconciliation team provides back-end support on all commercial real estate loan accounts like Deposit, Disbursment, P&I, Escrow and other Misc accounts.


About the Role


Performs activities related to Commercial Real Estate P&I, Escrow, Reserves and Clearing account reconciliations, which includes analyzing number, identifying missing entries and matching Debit and Credit entries under LOB specific lending guidelines.


Responsibilities


Responsibility includes, but not limited to:
  • Knowledge and experience in Account Reconciliations
  • Ability to interpret and understand the Loan documents, Loan Servicing Agreements and language pertaining to the requirements for Sub Servicing Agreements and Pooling and Servicing Agreements.
  • Handle complex queries and liaise with the Intra teams/LOB to reconcile the accounts.
  • Strategy Loan accounting system a major plus.
  • Communicate with Intra teams and other CMS teams to establish and record Authentication forms and certificate of authority.
  • Good knowledge about cash movement and General Ledger accounts in servicing.
  • 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.
  • Demonstrates/maintains professional conduct under all circumstances.
  • Support in process expansion and new hire training.
  • Work on cross-functional support and process efficiencies.
  • Good comprehension and communication skills coupled with the ability to interact with LoB during calls and gain their confidence.
  • Impactful presentation skills.
  • Experience in handling escalations from the borrowers/stakeholders
  • Flexibility to work in shifts and ensure timely completion of deliverables.
  • Provide operational support to the aligned process with strong focus on all CTQ's - such as, but not limited to, quality, productivity and adherence to timelines (TAT).

Essential Qualifications


  • University degree in Business or related discipline.
  • Knowledge and experience in Commercial mortgage servicing
  • Excellent communication skills is a must
  • Strong MS Office skills specifically PowerPoint and Excel.
  • Experience in Account Reconciliations


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. 65506