Senior Institutional Investment Operations Specialist

About this role:

Wells Fargo is seeking a Senior Institutional Investment Operations Specialist.

Team members 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.

In this role, you will:

• Assist in lifecycle support for institutional trade flow

• Manage client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, general ledger reconciliation, as well as, work to resolve confirmation and ISDA related issues

• Lead or participate in moderately complex initiatives and deliverables

• Contribute to large scale planning related to process, procedures and efficiencies with internal and industry related initiatives

• Identify and recommend opportunities for process improvement and risk control development

• Provide leadership to bring groups together to resolve multi-faceted complex issues

• Serve as a leader on projects along with internal and industry related initiatives

• Review and analyze complex functional and operational tasks that require in-depth evaluation

• Exercise independent judgment and resolution to guide the deliverable

• Resolve moderately complex issues

• Lead team to meet functional area projects, and process deliverables

• Leverage solid understanding of functions, policies, procedures and compliance requirements

• Mentor and assist analysts

• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

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:

• 3+ years in Capital Markets, Broker Dealer and/or Securities Operations experience

• Knowledge of DTCC and other international depositories and custodians (e.g., Euroclear, Clearstream) for allocations and elections

• Extensive knowledge and understanding of Asset Services and Corporate Actions, preferred to have 3+ years of current and direct involvement with this function.

• Knowledge and understanding of Broadridge applications, preferred to have knowledge with BANCS (corporate actions processing platform).

• Ability to demonstrate a strong understanding of stock loan, securities, and derivative products as related to corporate actions.

• 3+ years of experience in a Financial Services firm with a focus on servicing an Intuitional / Prime Services business.

• Familiar with the regulatory environment and maintaining strong controls

• Experience working with custodians, depositories, agents, and external brokers to ensure timely and accurate processing of events to client accounts and to appropriately manage risk.

• Demonstrated ability to ensure all daily tasks are completed in a timely manner and in compliance with departmental procedures.

• Results driven, able to think outside the box, willingness to take on responsibility.

• Intermediate Microsoft Office skills.  

• Strong analytical skills with high attention to detail and accuracy. Excellent verbal, written, and interpersonal communication skills.

• Effective organizational, multi-tasking, and prioritizing skills. Ability to work in a fast-paced deadline driven environment.

• Experience with a customer service mindset and a focus on continuous improvement

Location:

• 1525 W. WT Harris Blvd, Charlotte, NC

Expectations:

• This position offers a hybrid work schedule

• Candidates must be willing to work additional hours as needed

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

• This position is not eligible for Visa sponsorship

• This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance with 17 CFR 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 and/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.

Posting End Date: 

24 Apr 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.