Securities Operations Associate

About this role:

Wells Fargo is seeking a Securities Operations Associate

In this role, you will:

• Participate in low complexity lifecycle support tasks and help identify opportunities for process improvements within Securities Operations
• Review basic or tactical issues, policies or procedures for which answers can be quickly obtained, related to low risk tasks and deliverables with narrower impact
• Receive direction from manager and exercise judgment within defined parameters related to resolving situations on a full process within a trade environment, while developing understanding of various functions, policies, and procedures
• Provide information to, collaborate, and consult with peers, colleagues and managers, including internal and external customers, to resolve issues and achieve goals
• Build expertise in operational processes including client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, and general ledger reconciliation
• Assist in gathering data to support resolution of issues; review and analyze functional operational tasks that require research and evaluation
• Resolve low complexity escalated issues within the scope of responsibility in Security Operations
• Research low complexity business risks, provide input into policies, enhance customer satisfaction, and review time sensitive documents and transaction requests
• Support overall effectiveness of the team according to plans; monitor daily securities and cash related production work
• Contribute to implementation of projects, new or revised processes, and procedures that require coordination among operation teams and may perform analysis for initiatives that support business strategies

Required Qualifications:

• 6+ months of Securities Operations experience, or equivalent demonstrated through one or a combination of the following:  work experience, training, military experience, education

Job Expectations:

• 6+ Months of Securities Operations experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
• Knowledge of Trade Life Cycle.
• Strong understanding on financial instruments like Cash, bond, and equity & Reconciliation – Brokerage & Trust environment.
• Knowledge on the front to back flow and importance of reconciliation process in the overall flow.
• Experience in performing various reconcilements of inter system.
• Detail oriented, results driven, and can navigate in a quickly changing and high demand environment while balancing multiple priorities.
• Ability to work both independently as well as within a team environment.
• Thorough knowledge on Reconciliation ·
• Ability to research and report on a variety of issues using problem solving skills
• Open to US shifts

Preferred Skills and Responsibilities:

• Proven Basic or intermediate Microsoft Excel, Word and Power Point skills
• Effective oral and written communication skills.
• Proven understanding of accounting fundamentals relates to subsystem reconciliation.

• Perform a variety of operational tasks for complex securities or process extensive knowledge of systems
• Perform moderately complex duties such as processing, researching inquiries and reconciling transactions
• Perform daily detailed reconciliation for all intersystem breaks
• Investigate and escalate outstanding items as per standard policy and as an exception, timely manner.
• Perform a variety of operational tasks for complex securities or process extensive knowledge of systems
• Perform moderately complex duties such as processing, researching inquiries and reconciling transactions
• Perform daily detailed reconciliation and perform various checks
• Be a checker for day-to-day activities of the maker with clear understanding of risk if those activities are performed incorrectly
• Work closely with Oversight, Technology and Production Support team to resolve the issues/breaks.
• Analyze multiple system source data and provide the EOD report to WIM Operations department internal customer timely manner.
• Address compliance and corporate governance issues for the department
• Monitor and validate daily/monthly reports received and loaded to the system to ensure accuracy in reconcilement and to avoid business impact.
• Analyze multiple system source data and need to carry good understanding on data flow too.
• Provide ideas for improving or implementing processes
• Review time sensitive documents
• Provide training or work directions to less experienced staff
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
• Ability to prioritize work, meet deadlines, achieve goals and work under pressure in a dynamic and complex environment.
• Interact with internal customers

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.