About this role:

Wells Fargo is seeking a Senior Institutional Investment Operations Specialist.

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

Desired 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

Required Qualifications:

• 4+ years of Institutional Investment Operations experience
• University degree including coursework in financial markets
• Experience in capital markets operations or compliance surveillance or control with derivatives, foreign exchange and securities.
• Experience in data management, import/export, analysis and manipulation using Excel, Tableau, PowerBI, or similar tools for analysis and graphs.
• Experience of working with FINRA Gateway and Trade Reporting and Compliance Engine (TRACE).
• Experience of working with SFTR (Securities Financing Transactions Regulation).
• Good Knowledge on FINRA TRACE 6760 and 6730 rules.
• Experience in understanding Prospectus and Term sheet.
• Experience in Securities Lending Operations
• Motivated learner and researcher with solid writing and presentation skills

Job Expectations:

• Education or experience with EMEA/US securities and commodities regulations and compliance.

• Training or experience in business intelligence tools, workflow tools, data schema, and or data vocabularies.
• Administrator, or advanced user, experience with Atlassian Confluence and Jira
• Reviewing FINRA Trade Reporting and Compliance Engine (TRACE) 6760 and 6730 submissions and ensure the data submitted is accurate as per reporting rules.
• Reviewing Securities lending transactions reported to FINRA and resubmit upon FINRA rejections.
• Monitoring performance of non-financial regulatory reporting through data analysis and reconcilements.
• Working with Middle Office teams to understand and correct errors and late reporting.
• Identifying opportunities to improve productivity in the data management and reporting processes.
• Collaborating with partners in Technology and Middle Office in identifying, assessing, escalating and resolving problems.
• Testing of technology changes affecting systems instrumental in assigned areas of NFRR.
• Reviewing and understanding of relevant regulatory technical standards, rules, and regulations.
• Creating and maintaining review and testing templates for multiple kinds of NFRR based on policy and regulatory requirements.
• Conducting analysis as part of an intake process for new NFRR that come into scope for the team.
• Presenting and maintaining program information and reporting in Confluence and Jira.
• Outreach and collaboration with other NFRR Analysts and support partners in Compliance and Technology to maintain program information.
• Assignment, scheduling, tracking, and reporting of the program control activities and projects.
• Working with others to build and test new reporting and controls

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.