Securities Operations Associate

Wells Fargo • Charlotte, NC

1d • Hybrid

About The Position

Wells Fargo is seeking a Securities Operations Associate as part of the Fiduciary Tax Services unit of Wealth and Investment Management Operations. This Associate will work closely with our primary tax vendor, PricewaterhouseCoopers, our administrative and investment partners in Banking Lending and Trust, and outside accountants to provide excellent service and handle any issues or inquiries related to Fiduciary Tax Services.

Requirements

• 6+ months of Securities Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

• 6+ months of fiduciary, charitable, and/or information tax return preparation experience
• 6+ months experience using SEI Trust 3000
• Knowledge of estate, gift, and Generation-Skipping Transfer Tax (GSTT)
• Understanding of US state trust taxation issues for a national financial institution
• Effective problem solving, decision-making, organizational, multi-tasking, and prioritization skills
• Ability to work independently, proactively, innovatively, and creatively while expressing sound judgement
• Ability to work in a fast-paced, deadline driven environment
• Excellent verbal, written and interpersonal communication skills
• A BS/BA degree or higher in accounting, finance, or another business-related field
• Comfortability with Microsoft Office Suite

Responsibilities

• Participate in low complexity lifecycle support tasks and help identify opportunities for process improvements within Securities Operations
• Review basic or tactical issues, policies or procedures for which answers can be quickly obtained, related to low risk tasks and deliverables with narrower impact
• Receive direction from manager and exercise judgment within defined parameters related to resolving situations on a full process within a trade environment, while developing understanding of various functions, policies, and procedures
• Provide information to, collaborate, and consult with peers, colleagues and managers, including internal and external customers, to resolve issues and achieve goals
• Build expertise in operational processes including client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, and general ledger reconciliation
• Assist in gathering data to support resolution of issues; review and analyze functional operational tasks that require research and evaluation
• Resolve low complexity escalated issues within the scope of responsibility in Security Operations
• Research low complexity business risks, provide input into policies, enhance customer satisfaction, and review time sensitive documents and transaction requests
• Support overall effectiveness of the team according to plans; monitor daily securities and cash related production work
• Contribute to implementation of projects, new or revised processes, and procedures that require coordination among operation teams and may perform analysis for initiatives that support business strategies

Benefits

• Equal Opportunity Employer
• Focus on building strong customer relationships
• Strong risk mitigating and compliance-driven culture
• Accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance)
• Adherence to applicable Wells Fargo policies and procedures
• Timely and effective escalation and remediation of issues
• Sound risk decisions
• Proactive monitoring, governance, risk identification and escalation
• Accommodation for applicants with disabilities is available upon request

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level