Institutional Investment Operations Associate – FED Settlements

Wells Fargo • Charlotte, NC

80d

About The Position

Wells Fargo is seeking an Institutional Investment Operations Associate within the Settlement Operations team as a part of Corporate Investment Banking Operations. In this role, you will provide operational and customer support for lifecycle tasks for institutional trades, assist with client account onboarding, input and monitoring of cash payments, customer service, funding operations, custodial operations, securities settlement services, asset servicing structured loan operations, general ledger reconciliation and work to resolve confirmation and ISDA related issues. You will receive direction from your manager and exercise judgment within defined parameters of the area while developing an understanding of various functions, policies, and procedures. Collaboration and consultation with peers, colleagues, and managers will be essential to resolve issues and achieve goals.

Requirements

• 6+ months of Institutional Investment Operations experience, or equivalent demonstrated through work experience, training, military experience, or education.

Nice To Haves

• Working knowledge of Fixed Income clearance/settlement concepts and experience with settling trades.
• Working knowledge of BNY BDC clearance platform.
• Working knowledge of Broadridge Impact.
• Strong awareness and identification of operational risk.
• Knowledge of Fixed Income security lifecycle events and the effect on stock record/general ledger balances.
• Detail oriented with effective organizational skills.
• Proficiency in Microsoft Excel for analytical purposes.
• Strong written and oral communication skills.
• Knowledge of BNY BDC, AccessEdge & FICC supporting GSCC & MBSCC Fed clearance & Triparty settlement.

Responsibilities

• Provide operational and customer support for lifecycle tasks for institutional trades.
• Assist with client account onboarding, input and monitoring of cash payments.
• Handle customer service, funding operations, custodial operations, and securities settlement services.
• Manage asset servicing structured loan operations and general ledger reconciliation.
• Work to resolve confirmation and ISDA related issues.
• Gather data to support resolution of issues.
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees