Department Overview:

Corporate and Investment Banking (CIB) Securities Shared Services Operations is a cross-functional group of teams that provide support for CIB-Markets and the broader Wells Fargo organization. Shared Services are the owners and stewards of both client and reference data with a focus on operational excellence and superior client service. The Shared Services Client Data & Onboarding team is focused on data and documentation gathering that is necessary to onboard new clients, maintain client accounts and support the client throughout the lifecycle of the relationship. The team interacts with all departments within Capital Market Sales as well as Compliance, Settlement Operations, AML/KYC, Middle Office and Credit.

Process Overview:

Client Data Lifecycle Management (CDLM) team is responsible for end-to-end client data strategy, data connectivity, data integrity and reporting. We act as data steward for core client & related data elements. It also supports maintaining client data and lifecycle space through system integration, data validation, automation and instituting Lean workflow principles. In addition, provides strategy across the maintenance space that focuses on enhancing existing processes while mitigating risk and leveraging vendor solutions, where applicable.

We drive process and technology change to scale and automate our businesses.

About this role:

Wells Fargo is seeking a Senior Institutional Investment Operations Representative. Team Member will be part of Client Data Lifecycle Management (CDLM), which is responsible for a wide variety of activities that supports analyzing and maintaining client reference data to ensure Data Quality standards are maintained on our System of Records (SoR).  Team member will work in the capacity of Data Steward and Business Analyst and be responsible for data remediation, root-cause analysis, requirement gathering, Data Analysis, etc. By ensuring accuracy and timeliness of data, we facilitate the business in achieving knowledge of products, markets and market related setups. You will also drive initiatives and provide solutions that will have an impact on client experience and risk mitigation.

In this role, you will:

Understand and implement client's requirement by liaising with internal and external counterparties to ensure seamless transition and onboarding.Coordinate and manage tasks across a multi-disciplined team to ensure all operational information relating to an account event is received and systems are set up prior to account trading activityProviding effective thought leadership in navigating evolving industry trends, client needs, business growth, financial regulatory landscape and helping to develop solutions to build appropriate architectureOversee BAU and identify process enhancement opportunitiesRequest management and delegation to downstream partnersSupport our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven cultureWorking with onshore Client Data teams to effectively manage and process client data requestsDevelop strong working relationships with Trader Management, Sales, Trading Desks, other onboarding teamsEnsure and Adhere to the Regulatory Reporting standards, policies and proceduresBecome a risk manager by ensuring data integrity and challenging where requiredEngage in opportunities to review processes, analyze information, make decisions and recommendations and implement and monitor proceduresIndependently research and analyze regulatory reporting requirements and other financial documentsProvide reporting to senior leadership and produce insightful analyses of the business upon request for management

Required Qualifications:

4+ 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:

Strong Knowledge of the banking regulatory reporting rules and regulations including FINRA, QFC and Dodd Frank regulationsUnderstanding of client lifecycle activities, such as corporate actions including merger eventsAbility to independently research and analyze regulatory reporting requirements and other financial documentsExtensive knowledge and understanding of loan, securities and derivative productsAdvanced knowledge of trade processing life-cycleAdvanced knowledge of the Microsoft applications including Excel, Access Database and TableauExcellent teamwork skillsStrong Analytic ability, with high attention to detail, accuracy and strong problem solving skillsAbility to communicate (written/verbal) effectively at all organizational levelsExcellent Interpersonal skills – ability to build relationshipsAbility to plan and organize workload within tight deadlines, meeting day-to-day objectives as well as longer term strategic goalsPerform analysis of, and make recommendations on functionality/efficiency of established controls and processes to ensure appropriate risk based operational procedures are in place and are meeting regulatory requirements/expectations

Job Expectations:

Bachelor's degree in accounting, Finance, or a business-related field is strongly preferredPrevious experience in Operations and/or Financial Services industry - Relevant work experience of 3+ years in one or a combination of the following: middle office, collateral, documentation, project management, business operations, strategic planning in financial services, regulatory oversight, AML/KYC, US tax regime & compliance and SSI setup and client onboardingExcellent communication skills both written and verbalKnowledge and understanding of Excel, PowerPoint, Word and adaptability to other software productsAbility to research, compile, and perform complex analysis on critical operational dataBe highly collaborative and team-orientedDemonstrate strong analytical and interpersonal skillsAbility to work with impacted areas to understand complex problemsAbility to work in a fast-paced, team oriented environmentStrong multi-tasking abilities in a high performance, high demand environmentAbility to think strategically, drive consensus and influence decision making Willingness to work in 6:30pm - 3:30am shifts.

Posting End Date: 

27 Feb 2025

*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.

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