• Job Description

  Req#: R-334867

  At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

  Wells Fargo is seeking talent to join their Corporate and Investment Banking Operations team. Corporate & Investment Banking (“CIB”) delivers a comprehensive suite of capital markets, banking, and financial products and services. As a trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe. Learn more about the career areas and business divisions at wellsfargojobs.com.

  The following job profile is intended to provide a general sense of what the Senior Institutional Investment Operations Specialists do; however, the day-to-day duties and responsibilities will differ from group to group and specialist to specialist depending on several variables, including (but not limited to) years of experience and/or business you are supporting….etc.

  Placement groups could include:

  • Foreign Exchange

  • Shared Services

  • Broker Dealer

  • Prime Services

  • Middle Office/Derivatives

  • Product and Strategic Delivery

  • Process Review and Enhancement

  
  In this role, you will:

  • Assist in lifecycle support for institutional trade flow

  • Manage client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, general ledger reconciliation, as well as, work to resolve confirmation and ISDA related issues

  • Lead or participate in moderately complex initiatives and deliverables

  • Contribute to large scale planning related to process, procedures and efficiencies with internal and industry related initiatives

  • Identify and recommend opportunities for process improvement and risk control development

  • Provide leadership to bring groups together to resolve multi-faceted complex issues

  • Serve as a SME on projects, internal and industry related initiatives

  • Review and analyze complex functional and operational tasks that require in-depth evaluation

  • Exercise independent judgment and resolution to guide the deliverable

  • Resolve moderately complex issues

  • Lead team to meet functional area projects, and process deliverables

  • Leverage solid understanding of functions, policies, procedures and compliance requirements

  • Mentor and assist junior team members

  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

  
  Required Qualifications:

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

  
  Desired Qualifications:

  • Strong knowledge and understanding of loan, securities, and derivative products

  • Intermediate Microsoft Office skills

  • Excellent verbal, written, and interpersonal communication skills

  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

  • Ability to assess current processes/procedures and make recommendations for efficiency

  • Ability to identify risk exposures and propose solutions

  • Knowledge and understanding of operational risk management in the financial services industry

  • Ability to interact with integrity and a high level of professionalism with all levels of team members and management

  • Experience collecting, recording, analyzing and processing information or data

  • Experience identifying internal and external data sources from multiple sources across the business

  • Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important

  Job Expectations:

  • Obtaining and/or maintaining appropriate FINRA license(s) may be required for ongoing employment for certain lines of business within CIB Operations, if not immediately available to transfer upon hire. FINRA recognized equivalents will be accepted.

  Posting Location(s):
  Candidates must be able to sit in one of the below listed hub locations. Preferred location options and availability subject to business need.

  • 550 S. Tryon St. Charlotte, NC 28202

  • 1525 W WT Harris Blvd. Charlotte, NC 28262

  • 500 W 33rd St. New York, NY 10001

  • 90 S 7th St. Minneapolis, MN 55402

  Pay Ranges:

  • Charlotte: $73,100 – $129,900 base/annual

  • Minneapolis: $73,100 – $129,900 base/annual

  • New York: $87,700 – $155,900 base/annual

  Posting Statements:

  • Job posting may come down early due to volume of applicants

  • Relocation assistance is not available for this position

  • Preferred locations listed above

  • Wells Fargo only considers candidates who are presently authorized to work for any employer in the United States and who do not require work visa sponsorship from Wells Fargo now or in the future in order to retain their authorization to work in the United States

  This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

  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.

  Posting End Date:

  18 Feb 2024

  *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.

• About the company

  Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco.

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