Institutional Investment Operations Associate

Wells Fargo is seeking a Institutional Investment Operations Associate

In this role, you will:

• Provide operational and customer support for lifecycle tasks for institutional trades
• Assist with client account onboarding, input and monitoring of cash payments, customer service, funding operations, custodial operations, securities settlement services, asset servicing structured loan operations, general ledger reconciliation and work to resolve confirmation and ISDA related issues
• Assist in gathering data to support resolution of issues
• Receive direction from manager and exercise judgment within defined parameters of the area while developing understanding of various functions, policies and procedures
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Required Qualifications:

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

Desired Qualifications :

• MBA or an advanced degree (or equivalent exp.)

• Experience of 6 months + in OTC Derivative Settlements domain which includes Pre-Confirmation, Post Confirmation, Reset advise and Clearing Settlements (LCH, CME and CLS)

• Understanding about current Regulations and their impact on OTC market & settlements function

• Ability to effectively communicate (written/verbal)

• Ability to plan and organize workload within tight deadlines and meeting day-to-day objectives.

• Should have good understanding of Derivative Rates, Equity, credit and commodity products

• Strong interpersonal and influencing skills, with the ability to build strong partnership with business stakeholders and other support functions

• Strong organizational and project management skills with demonstrated ability to manage expectations and deliver on commitments

• Understanding about current Regulations and their impact on OTC market & settlements function

• Strong knowledge of market settlement processes like Clearstream, Euroclear and LCH etc.

• Perform process improvement and redesign - proactively identify, analyze and improve existing processes including leading process reengineering initiatives.

• Should be competent in leading & managing transition of processes from other locations

• Strong knowledge of US, European and Asian market settlement processes

• Ability to effectively communicate (written/verbal)

• Willing to work in US shifts

Posting End Date: 

14 May 2025

*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.