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About this role: Wells Fargo is seeking an Institutional Investment Operations Associate within Institutional Investment as apart Capital Markets Middle Office. Institutional Investment Operations Associate will be responsible for providing support for institutional trades which includes client account onboarding, input and monitoring of cash payments, customer service, project support, funding operations, custodial operations, securities settlement services, structured loan operations, general ledger reconciliation as well as work to resolve confirmation and ISDA related issues. Learn more about our career areas and lines of business at wellsfargojobs.com
In this role, you will:
- Provide operational and customer support for lifecycle tasks for institutional trades
- Assist with client account onboarding, input and monitoring of cash payments, customer service, funding operations, custodial operations, securities settlement services, asset servicing structured loan operations, general ledger reconciliation and work to resolve confirmation and ISDA related issues
- Assist in gathering data to support resolution of issues
- Receive direction from manager and exercise judgment within defined parameters of the area while developing understanding of various functions, policies and procedures
- Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
- Ability to use bank software, desktop software, email, and FX specific applications
- Knowledge of FX business, international finance, and Standard Settlement Instructions (SSI)
- Knowledge of CMR, OPICS, Calypso, COBAM, and CID is a plus
- Understanding and experience working with database concepts
- Familiar with user acceptance testing, regression testing, and production checks
- Understand the concept or experienced in operation risk and control
- Dependability, attention to details, integrity, and work well with others
- Decision making and problem-solving skills essential
- Perform onboarding and offboarding of FX profiles in a timely manner, as required
- Update information in system of records to maintain the data of FX client profiles
- Set up and maintain standard settlement instructions
- Research profile mapping issues
- Review reports to ensure the setup and maintenance are done correctly
- Work with team members and other line of businesses to complete requests within stated time frames and SLA
Required Qualifications:
- 6+ months of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Ability to use banking software, desktop software, email, and FX specific applications.
- Knowledge of FX business, international finance, and Standard Settlement Instructions. (SSI0).
- Knowledge of CMR, OPICS, Calypso, COBAM, and CID is a plus.
- Understanding and experience working with database concepts.
- Familiar with user acceptance text, regression testing, and productions checks.
- Understand the conceptor experienced in operation risk and control.
- Dependability, attention to detail. integrity, and work well with others.
- Decision making and problem-solving skills essential.
- Perform onboarding and offboarding of FX profiles in a timely manner, as required.
- Update information in system of records to maintain the data of FX client profiles.
- Set-up and maintain standard settlements instructions.
- Research profiles mapping issues.
- Review reports to ensure the setup and maintenance are done correctly.
- Work with team-members and other line of businesses to complete requests within stated time frames and SLA.
Job Expectations:
- Ability to work additional hours as needed.
- Hybrid schedule 3/2 Wednesdays are mandatory
- Schedule 9 - 5
- Relocation assistance is not available for this position
Posting Location:
Pay Range:
FX Account Maintenance analyst will work on creation and maintenance of FX Trading counterparty data supporting FX trading activities within the CIB Operations. The team is organized as part of the broader Wholesale Operations organization.
Posting End Date: 17 Aug 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 .
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