Institutional Investment Operations Specialist

About this role:

Wells Fargo is seeking a Institutional Investment Operations Specialist

In this role, you will:

• Participate in lifecycle support tasks for institutional trade initiatives and identify opportunity for process improvements
• Assist leadership in bringing individual or teams together in order to resolve complex issues
• Assist in client account onboarding, input and monitoring of cash payments, customer service, project support, funding operations, custodial operations, securities settlement services, structured loan operations, general ledger reconciliation, as well as, work to resolve confirmation and ISDA related issue
• Provide subject matter expertise on projects along with internal and industry related initiatives
• Review and analyze functional operational tasks that require research, evaluation, and exercise independent judgment to guide the deliverable
• Present recommendations for resolving complex situations and exercise independent judgement while developing expertise on functions, projects, internal and industry related initiatives
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Required Qualifications:

• 2+ years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

 Responsibilities:

• The candidate 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.

Essential 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 throuhg 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.
• English language proficiency. Ability to work nights
• Understanding of the process’s flows, process gaps and controls associated with a Capital Market operations/middle office operations.
• Knowledge of BCP and Risk Mgt.

Desired Qualifications :

• 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

Preferred 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

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.