About this role:Wells Fargo is seeking a Senior Securities Operations Specialist as part of Tax Reporting and Cost Basis team within Wealth and Investment Management Operations. The Senior Specialist will report directly to the COO's Brokerage Tax Operations Department Manager while supporting data analytics & solutioning for tax reporting and cost basis.
Learn more about our career areas and lines of business at wellsfargojobs.com .
In this role, you will:- Lead or participate in moderately complex lifecycle initiatives and support tasks and act as a participant in large-scale planning and deliverables; identify opportunity for process improvements within Securities Operations
- Review and analyze moderately complex operational tasks or challenges that require an in-depth evaluation of variable factors
- Independently resolve moderately complex issues on a full process within a trade environment while leveraging solid understanding of the function, policies, procedures, and compliance requirements
- Collaborate and consult with peers, colleagues and mid-level managers to resolve issues and achieve goals; may lead projects, teams or serve as a mentor for lower level staff
- Manage expertise in the following operational processes including client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, and general ledger reconciliation
- Resolve moderately complex escalated issues within the scope of responsibility in Security Operations
- Research moderately complex business risks, influence policies, enhance customer satisfaction, and review time sensitive documents and transaction requests
- Exercise independent judgment in understanding trade settlement workflow controls to minimalize the effects of operational breakdowns
- Contribute to overall effectiveness of the team according to plans; monitor daily securities and cash related production work
- Lead or contribute to implementation of projects and new or revised processes and procedures that require coordination among operation teams and perform analysis for initiatives that support business strategies making decisions on matters with financial impact and risk
- Perform moderately complex data analysis to support and drive strategic initiatives and business needs
- Develop a deep understanding of technical systems and business processes to extract data driven insights while identifying opportunities for engineering enhancements
- Perform analysis of findings and trends using statistical and/or financial analysis, modeling, process documentation, profitability analysis, customer/demographic analysis, etc.
- Ensure adherence to data management/data governance regulations and policies
- Develop customized reports and ad hoc analyses to make recommendations and provide guidance and mentorship to less experienced staff
- Assist in implementing Data Quality Controls across dimensions (Accuracy, Completeness etc.)
Required Qualifications:- 4+ years of Securities Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:- 4+ years of Analytics experience including strong quantitative and qualitative analytical skills
- 2+ years of advanced SQL/Python/Alteryx programing skills
- Ability to prioritize and manage multiple projects simultaneously. Knowledge of database systems and data warehousing concepts
- Experience in gathering, analyzing and interpreting large datasets and aptitude for synthesizing data to 'form a story'
- Ability to identify in efficiencies and opportunities to improve the process
- Excellent communication skills and ability to convey complex topics in an easy to understand manner
- Develop and maintain automated reporting solutions to streamline data analysis processes.
- Ability to utilize advance programming skills to extract, transform, and load data for reporting purposes, including relative experience with Teradata and Oracle
- Experience with RCSA process for implementing and managing system data expected output controls
- Eagerness and ability to learn new technologies and programming languages
- Work closely with stakeholders to gather feedback and iterate on reporting solutions for continuous improvement
- Stay updated on industry best practices and emerging technologies in report automation and analytics
- Develop customized reports and ad hoc analyses to make recommendations and provide guidance to less experienced staff
- Ensure adherence to data management or data governance regulations and policies
Job Expectations:- Ability to work a hybrid schedule
- Willingness to work on-site at stated location on the job opening
- This position is not eligible for Visa sponsorship
Posting Locations:Posting End Date: 28 Nov 2024
*Job posting may come down early due to volume of applicants. We Value DiversityAt 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 DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
