Lead Institutional Investment Operations Specialist

Wells Fargo•Charlotte, NC

1d•Hybrid

About The Position

About this role: Wells Fargo is seeking a Lead Institutional Investment Operations Specialist within the Funding Operations team as a part of Corporate Investment Banking Operations. Learn more about the career areas and business divisions at wellsfargojobs.com. This resource will be supporting Corporate Treasury, the Repo Desk in the US, and the Funding Desk in London. This role is responsible for forecasting short-term cash and collateral requirements across multiple legal entities and currencies, ensuring optimal liquidity management for the CIB and affiliated businesses. The role will also be responsible for the buildout and expansion of the Global Cash Management initiative across CIB and Wholesale Operations. In this role, you will: Prepare and validate daily USD and multi-currency cash and collateral projections using internal and external data sources Analyze intraday variances between projected and actual funding needs; communicate findings to the front office Performing ad hoc reconciliations and data analysis as needed for reporting to improve projection accuracy Liaising with various operational support groups and trading desks to escalate and resolve conflicts in a timely manner, drive process improvements and support business initiatives Identify opportunities for optimization as well as proposing and implementing solutions to enhance processes, mitigate risk, reduce cost, and increase efficiency Evaluating current and future needs, and communicating and collaborating with internal stakeholders and technology partners to develop strategic solutions Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals Lead projects and teams, or serve as a peer mentor 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.

Requirements

5+ years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Ability to work a hybrid schedule
Willingness to work on-site at stated location on the job opening
Ability to work additional hours as needed
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check.
Internal transfers are subject to comply with 17 CRF 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification.
Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Nice To Haves

Cash Projection or Cash Management experience
Knowledge of settlement systems and depositories (e.g., Clearstream, Euroclear, DTC, BNY Mellon)
Working knowledge of Prime Brokerage, Stock Loan and International Settlements
Ability to analyze large data sets to determine a course of action
Effective organizational and prioritizing skills
Excellent verbal, written, and interpersonal communication skills
Preferred experience processing in Broadridge applications such as BPS, Gloss and Impact

Responsibilities

Prepare and validate daily USD and multi-currency cash and collateral projections using internal and external data sources
Analyze intraday variances between projected and actual funding needs; communicate findings to the front office
Performing ad hoc reconciliations and data analysis as needed for reporting to improve projection accuracy
Liaising with various operational support groups and trading desks to escalate and resolve conflicts in a timely manner, drive process improvements and support business initiatives
Identify opportunities for optimization as well as proposing and implementing solutions to enhance processes, mitigate risk, reduce cost, and increase efficiency
Evaluating current and future needs, and communicating and collaborating with internal stakeholders and technology partners to develop strategic solutions
Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
Lead projects and teams, or serve as a peer mentor

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