About this role:Wells Fargo is seeking a Senior Securities Operations Specialist who will play a critical role in supporting the teams' daily operations, managing funding and liquidity processes, and ensuring compliance with the regulatory requirements. This position requires a seasoned professional who can provide operational oversight, assist in training new team members, and guiding more junior staff. The role also involves collaboration with offshore support and contributing to process improvement initiatives.
In this role, you will:- 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; may lead team to meet deliverables
- 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
- 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
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:- Proven experience in payments or funding related roles, with a strong understanding of cash management and liquidity operations.
- Expertise in general ledger functions and their integration into financial operations.
- Familiarity with Liquidity management and knowledge of ways that can be accomplished
- Understanding SEC 15C3-3 Customer Protection Rule and the requirements
- Communicate effectively with senior management and stakeholders when acting as a Lead, providing updates and addressing any escalations
- Assist in the onboarding and training of new team members, sharing expertise and providing hands-on support to ensure effective knowledge transfer
- Provide feedback to Supervisor on training gaps or areas where additional resources may be needed
- Collaborate with the team and offshore support to implement best practices and improve overall efficiency
- Maintain a strong relationship with internal and external stakeholders, ensuring clear and timely communication of any issues or updates
- Identify areas for process improvement, including potential automation opportunities, to enhance efficiency and reduce manual work
- Step in as acting Supervisor when needed, overseeing team operations, making key decisions, and ensuring continuity of service
- Participate in meetings as subject matter expert as needed, providing technical expertise and ensuring client needs are met effectively
- Ensure timely execution of daily funding activities with accuracy
Position location: Charlotte, NC - CIC Customer Information Ctr.
Job Expectations:- Willingness to work on-site at the posted location
- This position offers a hybrid work schedule
- Ability to work additional hours as needed
- Ability to be flexible with working hours
- Visa sponsorship is not available for this position
Note: Job posting may come down early due to volume of applicants
Posting End Date: 25 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 .
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b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
