Capital Markets Middle Office Specialist - Securities Lending

Wells Fargo Bank•Charlotte, NC

4d•Hybrid

About The Position

Wells Fargo is seeking a Capital Markets Middle Office Specialist within the Securities Lending team as a part of Corporate Investment Banking Operations. The role provides direct support to the Securities Lending desk which is focused across the domestic, international, and financing businesses. You will work closely with senior members of the Prime Brokerage and Stock Loan businesses and maintain a strong focus on delivering for the business while supporting partners across the organization. This role requires an understanding of business processes, systems, and client needs to help ensure business changes and new initiatives are operationally sound end to end.

Requirements

2+ years 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

Strong working knowledge of securities lending and operations platforms, including Broadridge, Loanet, Global One, and DTC
Solid understanding of financial products, securities lending, and trade lifecycle processes
Experience partnering with program management and technology teams to define business requirements and support system enhancements, process improvements, and new business initiatives
Confident interacting with both internal and external clients while maintaining a high level of professionalism
Strong understanding of operational controls, risk management practices, and escalation procedures within a regulated environment
Experience preparing and delivering presentations, business documentation, and management reporting
Proven ability to perform effectively in a high-volume, deadline-driven environment with daily time-sensitive deliverables
Strong written and verbal communication skills, with the ability to effectively interact with business partners, clients, and senior stakeholders
Highly organized with strong attention to detail and the ability to prioritize competing priorities and manage multiple tasks simultaneously

Responsibilities

Ensure timely, and accurate, returns, borrows, contract compare, account balancing, mark to markets, DTC monitoring, rate changes, billing, and Loanet matching for both international and domestic processing
Work collaboratively with other Wells Fargo groups and logistical functions including PB, Finance, IT, Legal, Compliance, Market Risk and Credit Risk
Ensure control standards are in line with Bank policy as documented.
Articulate all control deficiencies within a KRI, audit point or action plan
Partner with Change Team to analyze and document current state processes and drive future state requirements
Demonstrate sound understanding of the business and client issues together with the ability to develop solutions to meet these needs
Ensure deadlines are met and deliverables are of a high standard
Display enthusiasm and self-motivation to overcome obstacles and demonstrate a positive approach while encouraging the same approach in others
Drive continuous improvement to deliver on set quantitative goals