Institutional Investment Operations Manager - Derivative Confirmations

About this role:

Wells Fargo is seeking an Institutional Investment Operations Manager within the Derivative Confirmations 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:

• Lead the team in ensuring confirmation review, trade matching, and transaction processing activities are completed accurately and within established timelines

• Oversee the timely escalation and resolution of exceptions, disputes, and high-risk items, partnering closely with Operations, Front Office, and other stakeholders to mitigate operational and financial risk

• Responsible for minimizing financial risk by identifying and resolving trade capture errors, reconciling trade activity against trade documentation, and ensuring all economic terms and required protective and fallback clauses are accurately confirmed

• Serve as a key liaison across Front Office, Operations, Technology, Legal, Compliance, and other business partners to ensure transaction information is complete, accurate, and compliant

• Oversee support for OTC derivatives transactions and ensure adherence to applicable regulatory, and market requirements

• Drive continuous improvement initiatives by enhancing processes, controls, procedures, and technology solutions to improve operational efficiency, strengthen controls, and mitigate risk

• Partner with project and technology teams to define business requirements, resolve system issues, implement enhancements, and support user acceptance testing activities

• Lead, develop, and mentor team members through coaching, cross-training, onboarding, workload management, and performance oversight to ensure a high-performing team

• Ensure client inquiries and disputes are resolved within established service-level expectations while fostering strong relationships with internal and external stakeholders

• Maintain and enhance operational governance through regular reviews of procedures, documentation, controls, and escalation practices

Required Qualifications:

• 5 years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

• 2 years of Leadership experience

Desired Qualifications:

• Strong knowledge of OTC derivatives, trade lifecycle management, confirmations, reconciliations, and post-trade operations

• Proven experience identifying operational risks and implementing effective controls and remediation strategies

• Strong analytical and problem-solving skills with a track record of driving process improvements and operational efficiencies

• Experience managing complex issues and influencing stakeholders across Front Office, Operations, Technology, Legal, Compliance, and external counterparties

• Knowledge of regulatory and market-practice requirements impacting securities and derivatives products

• Experience leading change initiatives, technology enhancements, and user acceptance testing efforts

• Excellent communication, relationship management, and client service skills

• Proven experience managing and developing teams with ability to drive performance in high-volume, fast-paced environments

• Excellent communication and leadership presence, with experience presenting to senior stakeholders and operating in a growing, complex business environment

Job Expectations:

• Ability to work a hybrid schedule

• Willingness to work on-site at stated location on the job opening

• Ability to work additional hours as needed

• This position is not eligible for Visa sponsorship

Posting Location:

• 550 S Tryon St, Charlotte, NC 28202

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.

Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

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: 

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 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.

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.