At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
About this role:
Wells Fargo is seeking an Institutional Investment Operations Specialist in FX Operations as a part of Corporate Investment Banking.
In this role, you will:
Work with internal teams to facilitate the amendment and cancellation events of FX trades while having awareness of the market, settlement, and regulatory risk and within tight regulatory SLAs
Resolve and troubleshoot issue related to trades and system that arise from trade amendment or cancellation events
Provide monitoring of various exception queues throughout the day and work to clear them
Create various reporting with focus on analysis of the data for multiple audiences with system provided data
Be actively involved in improvements to the existing processes and systems and engage in projects related to that including but not limited to providing guidance, requirements, testing, etc
Participate in lifecycle support tasks for FX trades and identify opportunity for process improvements
Assist leadership in bringing individual or teams together in order to resolve complex issues
Review and analyze functional operational tasks that require research, evaluation, and exercise independent judgment to guide the deliverable
Provide subject matter expertise on projects along with internal and industry related initiatives
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, US:
2+ 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:
Bachelor's degree preferably in Finance, Economics, or Business
2+ years prior experience in Foreign Exchange preferably in a back office or middle office capacity or demonstrate appreciable knowledge of foreign exchange trades and settlements
Strong organizational, interpersonal, verbal, and written communication abilities
Ability to interact professionally with customers, business partners, peers, and upper management
Ability to manage multiple tasks in a fact paced and fluid environment and work under pressure
Ability to adapt and learn new systems, processes, and regulations quickly and on a regular basis and comfortable working with technology and applications
Strong analytical skills and attention to detail
Ability to convey processes, procedures, guidelines, and analytics in an approachable laymen's terms
Self motivated and a strong desire for continued learning.
Advance Excel and other office products skills a plus
Knowledge of FX applications such as Opics, Pega, Intellimatch, Sapphire, etc a plus
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
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.
Posting End Date: 7 Jul 2024 *Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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 US: 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.
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.