Capital Markets Middle Office Specialist - Structured Products

Wells Fargo Bank•Charlotte, NC

3d•Hybrid

About The Position

Wells Fargo is seeking a Capital Markets Middle Office Specialist within the Structured Products team as a part of Corporate Investment Banking Operations. This role supports daily trading operations across structured products desks, including RMBS, ABS, CMBS, CLO, Reverse Repo, and Loan TRS. Responsibilities include trade support, P&L reporting and attribution, risk and regulatory reporting, reconciliation of discrepancies, and partnering with traders and internal teams to ensure accurate and efficient trade lifecycle management.

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

2+ years of experience in a Middle Office, Risk, or related function, preferably supporting Residential Mortgage-Backed Securities (RMBS) trading platforms
Demonstrated expertise in P&L attribution, including analysis, reconciliation, and reporting
Deep understanding of RMBS pass-through bond pricing and risk drivers
Proven operational experience managing complex transactions within a Middle Office or similar environment
Strong knowledge of new issue bonds, resecuritization, deal structuring, OTC products, and FINRA TRACE reporting
Ability to prioritize effectively, manage multiple workflows, and think critically in a fast-paced, deadline-driven environment
Advanced proficiency in Microsoft Office tools, particularly Excel (including data analysis and modeling); experience with Access and VBA is a plus
Experience with industry-standard trading and risk platforms such as Bloomberg, Calypso, and Broadridge strongly preferred

Responsibilities

Conduct real time P&L for all ABF trading desks
Monitor various real time risk indicators such as trade & position blotters, 5Y & 10Y duration, trading & position PNL, to ensure trading desk risk is accurate
Make sure securities are properly built by assembling product build sheets for internal CUSIP setup, deals are properly booked, and coordinates with settlements to ensure each deal settles on day of settlement
Audit requests from regulators by pulling relevant data or reaching out to technology teams to assist in the gathering of data that is then passed along to upper management for review
Lead and implement complex initiatives of profit and loss generation and attribution
Participate in cross functional planning
Review and analyze complex products that require in-depth evaluation of multiple factors including intangibles or unprecedented factors
Research, analyze, and resolve complex trade-related issues and discrepancies
Collaborate and consult with peers, colleagues, and senior managers to resolve trade issues