Senior Institutional Investment Operations Representative

About this role:

Wells Fargo is seeking a Senior Institutional Investment Operations Representative

Team Member will be part of the Tax Operation team and should at least deep understanding on Tax Form Validation on forms pertaining to W-9, W-8BEN, W-BEN-E, ECI and IMY’s, Withholding, Cost basis and IRS Tax reporting. Team member will be responsible for validating client documentation, Withholding & reporting data as part of the Documentation process. You will also drive initiatives and provide solutions that will have an impact on client experience and risk mitigation

In this role, you will:

• Perform a variety of operational tasks for complex institutional trades or process extensive knowledge of systems
• Provide ideas for improving or implementing processes
• Perform moderately complex duties such as processing, researching inquires, and reconciling transactions
• Review time sensitive documents
• Provide training or work direction to less experienced staff
• Support audit requirements within the process
• Address compliance and corporate governance issues for the department
• Lead or participate in projects
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
• Interact with internal and external customers as per prescribed process or procedure
• Identify and drive process re-engineering or transformation opportunities within the process
• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
• Strong Knowledge of the banking regulatory reporting rules and FINRA.
  • Advance knowledge of form validation pertaining to US & Foreign accounts pertaining to W-9, W-8BEN, W-BEN-E, ECI and IMY’s, Withholding, Cost basis and IRS Tax reporting.
  • Ensure Regulatory reporting requirements are clearly communicated to the business units publish source data reports
  • Independently research and analyze regulatory reporting requirements and other financial documents.
  • Identifies and highlight/escalate potential risk arising within process.
  • Excellent Interpersonal skills – ability to build relationships.
  • Oversee BAU and identify process enhancement opportunities
  • Support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture
  • Work with other Client Data teams to effectively manage and process client data requests
  • Develop strong working relationships with stake holders Sales, Compliance, other onboarding teams
  • Ensure and Adhere to the Regulatory Reporting standards, policies and procedures
  • Become a risk manager by ensuring data integrity and challenging where required
  • Provide reporting to senior leadership and produce insightful analyses of the business upon request for management

Required Qualifications:

• 4+ 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:

• Should be having knowledge on US & Foreign Accounts.

• Extensive knowledge and understanding of all capital markets products, industry trends, regulatory changes, and industry-wide best practices.
• Ability to independently research and analyze regulatory reporting requirements and other financial documents
• Extensive knowledge and experience supporting Fixed Income and Equity Sales & Trading Lines of Business.
• Advanced knowledge of client on-boarding life cycle
• Strong Analytic ability, with high attention to detail, accuracy and strong problem-solving skills
• Ability to communicate (written/verbal) effectively at all organizational levels
• Ability to plan and organize workload within tight deadlines, meeting day-to-day objectives as well as longer term strategic goals.

Job Expectations:

Bachelor's degree in accounting, Finance, or Tax-related field is strongly preferred
• Previous experience in Operations and/or Financial Services industry - Relevant work experience in one or a combination of the following: middle office, collateral, documentation, project management, business operations, strategic planning in regulatory oversight, AML/KYC, US tax regime & compliance and client onboarding within Corporate Investment Banking
• Excellent communication skills both written and verbal
• Knowledge and understanding of Excel, PowerPoint, Word and adaptability to other software products
• Ability to research, compile, and perform analysis on critical operational data
• Be highly collaborative and team-oriented
• Demonstrate strong analytical and interpersonal skills
• Ability to work with impacted areas to understand complex problems
• Ability to work in a fast-paced, team-oriented environment
• Strong multi-tasking abilities in a high performance, high demand environment
• Ability to think strategically, drive consensus and influence decision making

Posting End Date: 

27 Mar 2025

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

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.