Capmkts Middle Ofc Anlt 4

Wells Fargo Charlotte , NC 28201

Posted 4 weeks ago

Job Description:

At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wholesale Banking provides financial solutions to businesses across the United States and globally. Our nine major business lines include Business Banking, Middle Market Banking, Government and Institutional Banking, Corporate Banking, Commercial Real Estate, Financial Institutions Group, Wells Fargo Commercial Capital, Wells Fargo Securities, and the Investment Portfolio. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.

WFS Operations

This is a Wells Fargo Securities Middle Office Operations role supporting the XVA and Contingent Credit Trading Desk. The role will involve supporting trading and hedging activities that will include bonds, interest rate swap products, credit default swaps, FX, counter party credit charges, and risk participation swaps. Responsibilities of the team include P&L generation and attribution, exception resolution, project management, position and trade maintenance, and regulatory reporting. The candidate will interact closely with multiple business partners including Trading, Sales, Finance, Technology, Documentation, Legal, regulatory, settlements, and Risk. This individual will be responsible for the management of a variety of day to day tasks as well as act as a senior support partner in supporting and implementing XVA.

Team members 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.

Required Qualifications

  • 5+ years of capital markets industry experience

Desired Qualifications

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

  • Intermediate Microsoft Office skills

  • Excellent verbal, written, and interpersonal communication skills

  • Effective organizational, multi tasking, and prioritizing skills

  • Ability to work in a fast-paced deadline driven environment

  • FINRA registration including Series 7 (or FINRA recognized equivalents)

  • Knowledge and understanding of SQL

  • Strong presentation skills

Other Desired Qualifications

  • The ideal candidate should have a thorough understanding of how capital markets work within a trading environment and have at least 5+ years of experience in either a middle office/risk role and/or equivalent experience in supporting a derivative trading desk.

  • Ideal candidate should have a strong skill set of profit and loss attribution, strong understanding of derivative pricing and risk, strong operational experience with complicated transactions, a conceptual understanding of either CVA , DVA, FVA, RWA, ImVA, Basel II and Basel III, SIMM/UMR/Margin knowledge, and Dodd-Frank.

  • Must be able to effectively prioritize while multi-tasking and think outside the box. The candidate must have the ability to work in a fast paced and consistently changing environment.

  • The person must be detail-oriented and respond in a timely manner to ad hoc requests.

  • Candidate must be strong in Microsoft Office applications including Excel, Access, and VBA. SQL experience is preferred.

  • Experience with trading applications such as Bloomberg, Calypso, and Broadridge is strongly preferred.

  • A 4-year degree from an accredited university is required.

  • Series 7 is also required (or must be attained within 120 days of hire).

  • Graduate work and/or other professional designations (MBA, CFA, FRM) is preferred.

  • Monday - Friday, 7:45am to 5:30pm with additional time as needed.

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

WHOLESALE BANKING 0042074 WHOLESALE BANKING


See if you are a match!

See how well your resume matches up to this job - upload your resume now.

Find your dream job anywhere
with the LiveCareer app.
Download the
LiveCareer app and find
your dream job anywhere
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Capmkts Inst Ops Support Mgr 1

Wells Fargo

Posted 1 week ago

VIEW JOBS 11/3/2018 12:00:00 AM 2019-02-01T00:00 Job Description At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. Wholesale Banking provides financial solutions to businesses across the United States and globally. Our nine major business lines include Business Banking, Middle Market Banking, Government and Institutional Banking, Corporate Banking, Commercial Real Estate, Financial Institutions Group, Wells Fargo Commercial Capital, Wells Fargo Securities, and the Investment Portfolio. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses. Use of this job is restricted to Wells Fargo Securities Operations. First level managers within Capital Markets Operations will support the lifecycle of Institutional trading, while managing a group in one of the following functions; 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. * The individual will collaborate with all business partners, including Front Office Sales and Trading, Market Risk, Technology, Compliance, Finance, Regulatory, Operational Risk to represent Operations needs to the broader organization. * The individual will develop initiatives that create efficiencies and reduce risk for processes owned by their team. * The manager will primarily have a staff of analysts at levels 1-4. However, this role could be held by an individual contributor who is considered a subject matter expert. * The individual is responsible for resolving complex issues and processes involving their team and other teams inside and outside of WFS Operations. * Mentor and develop team members on a daily basis. Team members 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. Required Qualifications * 5+ years of capital markets industry experience Desired Qualifications * Extensive knowledge and understanding of all capital markets products, industry trends, regulatory changes, and industry-wide best practices * Leadership skills including the ability to lead projects/initiatives with high risk and complexity Disclaimer All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act. Relevant military experience is considered for veterans and transitioning service men and women. Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation. WHOLESALE BANKING 0055832 WHOLESALE BANKING Wells Fargo Charlotte NC

Capmkts Middle Ofc Anlt 4

Wells Fargo