Job Information
Wells Fargo Lead Institutional Investment Operations Specialist in CHARLOTTE, North Carolina
About this role:
Wells Fargo is seeking a Lead Institutional Investment Operations Specialist within our Client Data team as part of Corporate and Investment Banking (CIB) Operations.
This position will report to the head of Client Data and Account Maintenance as part of the Shared Services Operations team. This individual will be responsible for a wide variety of activities regarding customer reference data, including analyzing and completing data remediations, and performing root cause analysis to ensure the same data remediation does not occur in the future. In addition, this individual will assist in developing strategic solutions across the client lifecycle that will drive a workflow that ensures high standards of data quality, a positive client experience, proper regulation adherence and operational efficiencies.
In this role, you will:
Lead complex initiatives in operational and customer service for lifecycle support for institutional trade flow functions including client account onboarding, cash payments, customer service, funding or custodial operations, securities settlement services, structure loan operations, reconciliation as well as support resolution of issues in and out of their responsibility
Act as key participant in large scale planning, gathering data to support resolution of issues in areas in and out of responsibility
Review and research complex multi-faceted operational and customer support on loan, securities and derivative product issues for institutional trade flow and provide oversight and add efficiencies to processes that require in-depth evaluation of multiple factors including intangibles or unprecedented factors
Demonstrate full knowledge and serve as leadership on projects along with internal and industry related industries
Make decisions in complex and multi-faceted loan, securities and derivative products requiring understanding of the function, policies, procedures and compliance requirements
Influence and lead broader work team to meet deliverables and drive new initiatives
Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Lead projects and teams, or serve as a peer mentor
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
Desired Qualifications:
5+ years of experience within a Compliance/Regulatory oversight, AML/KYC, Client Data management or Operational risk team is preferred.
5+ years of experience conducting root cause analysis for data-driven process-related improvements
Strong analytical skills including strategically analyzing data, diagnosing opportunities, and providing interventions
5+ years of experience with data manipulation, cleansing, and transformation
Experience with synthesizing data from multiple sources and presenting it in appropriate formats
Extensive knowledge and understanding of Corporate & Investment Banking markets, securities, and derivative products
Intermediate Microsoft Office skills to analyze raw reports, produce metrics and statistical data and leverage that data to assist in identifying root causes.
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 identifying internal and external data sources from multiple sources across the business
Job Expectations:
Registration for FINRA Series 99 must be completed within 160 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite may also be required
This position offers a hybrid work schedule (minimum 3 days per week onsite) in the preferred location listed below.
Relocation assistance is not available for this position.
Visa Sponsorship not available for this position
Preferred Locations:
- 550 S. Tryon St - Charlotte, NC
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.
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.
The Client Data and Onboarding group is composed of Client Facilitation, Client Due Diligence, Client Accounts, Client Data Lifecycle Management and FX Account Maintenance teams and is looking for an analyst within the Client Data Lifecycle Management Team.
Posting End Date:
12 Jul 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.
Company: WELLS FARGO BANK
Req Number: R-379040
Updated: Sat Jul 06 01:58:29 UTC 2024
Location: CHARLOTTE,North Carolina