Lead Capital Markets Middle Office Specialist

Wells Fargo Bank•Charlotte, NC

10d•Hybrid

About The Position

This position supports the Futures Commission Merchant (FCM) business in Wells Fargo Global Operations’ Corporate & Investment Banking division. The role is part of the FCM Operations Clearing team, responsible for reconciliations, deliveries, trade capture, and related processes for exchange-traded derivatives, including futures, options on futures, interest rate swaps, and credit default swaps. The specialist processes daily derivative lifecycle events at clearinghouses and in the firm’s books and records system accurately and on time. Daily work includes reconciliations, delivery processing, trade capture, allocations, exception resolution, non-trade activity processing, and risk mitigation. The role builds relationships with FCM Client Service, Sales, Fees and Brokerage teams, clients, middle office, traders, and outside vendors. The candidate must be able to synthesize detailed information and understand system processes and workflows. The position leads and implements complex initiatives related to profit and loss generation and attribution, participates in cross-functional planning, reviews and analyzes complex products, researches and resolves trade issues, and consults with peers, colleagues, and senior managers. It also serves as a subject matter expert and mentors analysts. The role is hybrid and requires on-site work; fully remote work is not available. Candidates outside the listed locations must commit to relocating within an agreed timeframe. Relocation assistance and visa sponsorship are not available. A flexible schedule is required.

Requirements

At least 5 years of Capital Markets industry experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination.
Ability to filter and synthesize detailed information.
Understanding of system processes and workflows.
Ability to work a flexible schedule.
Ability to work on site in a hybrid role.
Candidates outside a listed location must commit to relocation within an agreed-upon timeframe.

Nice To Haves

At least 3 years of experience using FIS GMI, Clearvision, or Cleared Derivatives processing systems.
At least 3 years of experience working with cleared OTC products.
At least 3 years of FCM operations and/or project implementation experience.
Working knowledge of CME Group, ICE, LCH, OCC, or comparable clearinghouse systems.
Advanced knowledge of trade processing life cycle.
Leadership experience, including coaching, training, and mentoring.

Responsibilities

Lead and implement complex initiatives related to profit and loss generation and attribution.
Participate in cross-functional planning.
Review and analyze complex products requiring in-depth evaluation of multiple factors, including intangible or unprecedented factors.
Review, research, and resolve trade issues.
Facilitate resolutions for complex trade-related issues.
Collaborate and consult with peers, colleagues, and senior managers to resolve trade issues.
Serve as a subject matter expert and mentor analysts.
Process daily derivative lifecycle events at clearinghouses and within the firm’s books and records system accurately and on time.
Perform daily reconciliations, delivery processing, trade capture, allocations, and exception resolution.
Process non-trade activity, including option expirations, transfers, deliveries, compressions, and closeout instructions.
Mitigate risks associated with operational processes.
Build and foster relationships with FCM Client Service, Sales, Fees and Brokerage teams, clients, middle office, traders, and outside vendors.