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Institutional Investment Operations Specialist
Wells Fargo CHARLOTTE, NC
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$121k-175k (estimate)
Full Time | Banking 9 Months Ago
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Wells Fargo is Hiring an Institutional Investment Operations Specialist Near CHARLOTTE, NC

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. 

About this role:

Wells Fargo is seeking an Institutional Investment Operations Specialist within our FX Static Data team as part of Corporate Investment Banking.

In this role, you will:

  • 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
  • Research and resolve issues as instructed, potentially present findings to the wider group and/or additional LOB
  • Participate in initiatives or projects, including cross training, as well as development and maintenance of process & procedures documentation
  • Provide subject matter expertise on projects along with internal and industry related initiatives
  • Review and analyze functional operational tasks that require research, evaluation, and exercise independent judgment to guide the deliverable

Required Qualifications, US:

  • 2 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:

  • Knowledge of FX business, International finance, and Standard Settlement Instructions (SSI)
  • Experience with data configurations
  • 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
  •  3 years of capital markets industry experience 
  • Proficient Knowledge of the Counterparty Data Management Processes and experience in client Onboarding, SSI data Setups for different Product lines and preferably FX and Derivative Products.
  • Good knowledge and understanding of all capital markets products, industry trends, regulatory changes, and industry-wide best practices within Static Data processes.
  • Good knowledge and experience supporting Foreign Exchange (F/X), Derivatives and Money Market Lines of Business.
  • Experience partnering with offshore (non-U.S.) teams
  • Experience identifying and recommending process improvements in complex, institutional banking environment.
  • Understanding of key operational risk components, including quality across all aspects of a risk function.
  • Ability to understand and work with data, including creating alignment among various data sources, developing trends, and creating risk-based analytics from multiple information sources.
  • Strong organizational skills, attention to detail, and adherence to strict deadlines in a fast -paced environment.
  • Demonstrating risk management discipline and problem-solving skills
  • Good interpersonal and communication skills 
  • SIE, Series 99

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.

Posting End Date: 

3 Mar 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.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$121k-175k (estimate)

POST DATE

08/16/2023

EXPIRATION DATE

04/29/2024

WEBSITE

wellsfargo.com

HEADQUARTERS

LITCHFIELD, MN

SIZE

>50,000

FOUNDED

1852

TYPE

Public

CEO

SUSAN LEISHER

REVENUE

>$50B

INDUSTRY

Banking

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About Wells Fargo

Wells Fargo is a provider of personal and commercial financial services including banking, mortgage, investment, credit card and insurance.

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