Senior Institutional Investment Operations Specialist - Asset Services

About this role:

Wells Fargo is seeking a Senior Institutional Investment Operations Specialist to join our Asset Services team as part of Corporate and Investment Banking (CIB) Operations.

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 leader on projects along with 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 analysts

• 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:

• 4+ years of experience with DTCC for allocations and elections

• 4+ years of experience with non-US depositories (e.g. Euroclear; Clearstream)

• 4+ years of experience in a Financial Services firm with a focus on servicing a Prime Services business.

• Demonstrated ability to manage workload to ensure all daily tasks are completed in a timely manner and in compliance with departmental procedures.

• Familiar with the regulatory environment and maintaining strong controls

• Experience working with custodians, depositories, agents and brokers to ensure timely and accurate processing of events to client accounts and to appropriately manage risk.

• Knowledge and understanding of Broadridge application

• Advanced Microsoft Office skills

• Strong analytical skills with high attention to detail and accuracy

• Excellent verbal, written, and interpersonal communication skills

• Experience with a customer service mindset and a focus on continuous improvement

Job Expectations:

• This position offers a hybrid work schedule (minimum 3 days per week onsite) in the preferred location listed below.

• Relocation assistance is not available for this position.

• Visa Sponsorship not available for this position

Preferred Locations:

• 1525 W W.T. Harris Blvd - Charlotte, NC

Posting End Date:

• 03 June 2024

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.

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.

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 CRF 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.

Posting End Date:

3 Jun 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.