About this role:Wells Fargo is seeking a Lead Institutional Investment Operations Specialist within its Shared Services Output Management team as a part of Corporate Investment Banking Operations. Learn more about the career areas and business divisions at wellsfargojobs.com .
In this role, you will:- Act as a liaison between Wells Fargo and the third-party vendor to ensure documents are generated and delivered within SLA and meet quality standards.
- Partner on projects with the business, regulatory change management, legal and compliance when regulatory requirements or business needs change.
- Facilitate the review of monthly statements with the QA team along with training and escalation management.
- Apply technical skills to automate and improve monthly confirms and statements review processes.
- Review and research complex multi-faceted operational and customer inquiries on securities transactions for institutional trade and transaction flows which may include after-hours work to troubleshoot production issues.
- Demonstrate full knowledge and serve as a lead on complex initiatives in operational and customer service for lifecycle support for institutional trade flow functions as well as support resolution of issues in and out of their responsibility.
- Participate in various risk and control framework exercises as well as internal and external audits.
Required Qualifications, US:- 5+ 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:- Solid understanding of the regulatory implications of FINRA, MSRB and SEC rules related to trade confirmations and statements.
- Understanding and experience working with SQL, Python, Oracle, Git, SharePoint, Jira, and Tableau.
- Strong knowledge of bank software, desktop software, email, and Microsoft suite of applications.
- Extensive experience with user acceptance testing, regression testing, and production checks.
- Experience with data analysis supporting institutional clients.
- Ability to manage multiple tasks and work in a deadline driven environment to obtain results.
- Dependability, attention to details, high integrity, and the ability to partner well with others.
- Ability to effectively capture system and process issues and communicate them as to address items in a prioritized manner for better resolution
Job Expectations:- Registration for FINRA Series 99 must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
- For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite may also be required.
- 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.
Posting Location:- 550 S Tryon St, Charlotte, NC 28202
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: 30 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.
