Lead Institutional Investment Operations Specialist - SIP US

About this role:

Wells Fargo is seeking a Lead Institutional Investment Operations Specialist 

In this role, you will:

• Be required to have Capital Markets (Corporate Investment Banking-CIB) experience,

• Be responsible for executing the Process review and Enhancement(PRE) programs like Self Inspection program (SIP), Business Continuity Planning (BCP), weekly production of WFS Operations metric program and assisting in running the functional Risk and control Periodic Governance meeting and Information Security Controls across the different business units in the firm as Cross Functional SIP.

• The candidate needs to own the organizational wide initiatives from risk, control perspective, and run it across the business units as a single point of contact.

• A thorough understanding in reference to CIB organizational policies and procedures is required to simplify and socialize with the teams for an improved adoption and adherence. Eg: Personal Investment Policy, Information Barrier Policy, Required Absence for Sensitive positions policy, FINRA rule 1420 and

• Candidate will be working for more than one business unit as Cross Function SIP hence required to know the domain knowledge across Reference Data Services, Broker Dealer, FX, Future Commission Merchant and Derivatives Settlements and Middle office Operations as cross-functional SIP

• Candidate is expected to know Organizational (CIB) wide risks and controls to establish strong governance around it and monitoring and reporting the control performance across the business units.

• 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 finding sessions 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.

• Expert experience in Operational risk, specifically identifying and assessing the Key risks, Key Controls, and key risk indicators

In addition, the below are the standard SIP responsibilities.

• The candidate is expected to conduct walk through sessions with the different operations teams 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

• The successful candidate will be responsible for supporting these work streams.

• For SIP, the candidate will work closely with PRE I&P manager on executing assessment of WFS Operations EGS 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

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:

• 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

• Attention to detail

• 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.

• MS Office skills

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.