Senior Institutional Investment Operations Specialist

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.

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:

• Experience in operational risk management, incident management, Issue Management, Control Testing, RCSA is very much essential.
• Candidate is expected understand operational incidents/events(ICT) and should be capable to run through the root causes with business team’s assistance. Good Written skills are very much needed.
• Understanding of Control Testing and its attributes and writing the testing script and summarizing, presenting the testing result to senior leadership is essential.
• Experience in Capital Market operations/middle office operations into the trade life cycle of static data, confirmations, settlements, reconciliations and investigations.
• Good amount of working experience in the product classes like FX, equity, fixed income with the functional expertise of brokerage, broker dealer services.
• Moderate experience in Operational risk, specifically identifying and assessing the Key risks, Key Controls, and key risk indicators.
• Understanding of the process’s flows, process gaps and controls associated with a Capital Market operations/middle office operation.
• Knowledge of BCP and Risk Mgt.
• MS Office skills
• Knowledge of the systems: GMI, IntelliMatch, Imagine, Broadridge, Calypso
• Good team player
• Working experience in corporate investment banking in the capacity of operational risk role

Job Expectations:

• Understanding Capital Markets and the different product taxonomies within the business segments (FX, Derivatives, Brokerage)
• Knowing Risk function deliverables like Key Risks & Controls and the testing thereof
• Importance and role of MIS
• Be required to have Capital Markets experience
• Be responsible for executing the Process review and Enhancement (PRE) Self Inspection program (SIP), which involves process risk reviews, Control testing and validation, Risk Governance, Incident Management, Risk Issue management, Production of WFS Operations metric program and assisting in contributing to Risk Meeting at Head of International Ops level.
• The person is expected to conduct Walk through (Process Risk Reviews) sessions for different operations teams with in Corporate Investment Banking(CIB) and socialize the team members in order to maintain a collaborative environment to perform process gap analysis, control testing, Metric Mapping, Identifying Key risk indicators and continuous monitoring.
• Is expected to understand various aspects in Risk and Control Framework, like RCSA, Incident Management, Issue Management, Control Testing and Validation.
• Team member heavily involves in interacting with EMEA business partners in delivering the responsibilities like control testing, Incident Reporting, Risk reviews.
• The successful candidate will be responsible for delivering these work streams.
• For Self-Inspection Program(SIP), the candidate will work closely with EMEA(UK) manager on executing risk assessment of WFS Operations functions.
• For WFS Operations Strategy and Metrics, the candidate will contribute to the KRI/KPI/KCI metric platform for local teams across the organization as part of team strategy. 
• Successful candidates will need to build and manage cross-functional, cross-organizational relationships through consistent collaboration.
• The individual will also work with technical and operational partners throughout WFS.

Posting End Date:

*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.