Capital Markets Middle Office Associate - Interest Rate Derivatives

Wells Fargo & Company • Charlotte, NC

1d • Hybrid

About The Position

Wells Fargo is seeking a Capital Markets Middle Office Associate within the Interest Rate Derivatives team as a part of Corporate Investment Banking Operations. The role will focus primarily on trade validation, daily P&L reporting, analysis, and risk oversight across a range of trading products, including derivatives and fixed income securities, contributing to process improvements in a growing and complex business.

Requirements

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

Nice To Haves

• Bachelor’s degree (BS/BA) in Finance, Accounting, Economics, or a related field
• Proficiency in financial analytics, and trading portfolio evaluation
• Familiarity with financial products including swaps, futures, options, structured products, and fixed income securities
• Experience with Calypso or similar front-to-back trading systems preferred
• Strong verbal and written communication skills, with the ability to clearly articulate complex concepts
• Proven ability to analyze issues and opportunities by synthesizing data from multiple sources and developing effective, well-reasoned solutions
• Highly analytical with strong quantitative and numerical skills; proficient in working with spreadsheets, financial data, and business concepts
• Detail-oriented with a high level of accuracy and the ability to derive meaningful insights and conclusions from data
• Ability to contribute to and improve processes, controls, and procedures in a fast-paced, growing business environment

Responsibilities

• Participate in research and resolution of issues including identifying and resolving trade breaks across front‑to‑back processing
• Review tactical business challenges related to complex derivative products
• Receive direction from manager and exercise independent judgement while developing an understanding of procedures
• Provide information to managers and the Capital Markets Middle Office
• Support the primary products such as swaps, futures, options, structured products, and fixed income securities
• Contribution in the development of processes and procedures to support a growing business
• Improve the existing infrastructure through system testing and effective project management
• Assist trading with minimizing costs and identifying concerns that can be expected
• Collaborate with partners that support the business in various capacities including trading, sales, technology, compliance, risk, operations, legal, and audit
• Provide superior service while responding to inquiries from both internal and external customers as per the standards defined by Wells Fargo

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level