Securities Operations Specialist - Settlements
About The Position
Wells Fargo is seeking a Securities Operations Specialist as part of the Trust and Brokerage Settlements team. This team is responsible for ensuring the timely and accurate settlement of trading activity. The team also supports system testing, process improvements, and operational readiness initiatives. The Specialist review and approve trades for settlement, support foreign exchange (FX) transactions, perform sanctions screening, reconcile cash and securities activity, and complete daily balancing and control functions with custodians and other business partners. In this role, you will: Participate in low to moderately complex lifecycle support initiatives and identify opportunity for process improvements within Securities Operations. Review and analyze basic or tactical functional operational tasks or challenges that require research, evaluation, and selection of alternatives; exercise independent judgment related to low-to-medium risk deliverables. Present recommendations for resolving low to moderately complex situations related to a full process within a trade environment while developing understanding of function, policies, procedures, and compliance requirements. Provide information to, collaborate, and consult with peers, colleagues and managers, including internal and external customers, to resolve issues and achieve goals. Develop expertise in the following operational processes including client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, and general ledger reconciliation. Resolve low to moderately complex escalated issues within the scope of responsibility in Security Operations. Research low to moderately complex business risks, provide input into policies, enhance customer satisfaction, and review time sensitive documents and transaction requests. Exercise independent judgment in understanding trade settlement workflow controls to minimalize the effects of operational breakdowns. Support overall effectiveness of the team according to plans; monitor daily securities and cash related production work. Contribute and may lead implementation of projects, new or revised processes, and procedures that require coordination among operation teams and perform analysis for initiatives that support business strategies making decisions on matters with financial impact and risk.
Requirements
- 2+ years of Securities Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Nice To Haves
- 1+ year of trust, brokerage and/or securities operations experience
- 1+ year of settlement-related experience
- Strong attention to detail and accuracy skills
- Solid problem-solving skills
- Ability to work independently, proactively, and innovatively, and creatively while exercising sound judgment
- Customer service focus with the ability to listen to customer needs and recommend solutions
- Excellent verbal, written, and interpersonal communication skills
- Effective organization, multitasking, and prioritizing skills
- Intermediate Microsoft Office skills
- Experience with Alteryx, Xceptor, or other technology solutions used to drive process transformation, automation, and operational efficiency
Responsibilities
- Review and approve trades for settlement
- Support foreign exchange (FX) transactions
- Perform sanctions screening
- Reconcile cash and securities activity
- Complete daily balancing and control functions with custodians and other business partners
- Participate in low to moderately complex lifecycle support initiatives
- Identify opportunities for process improvements within Securities Operations
- Review and analyze basic or tactical functional operational tasks or challenges
- Present recommendations for resolving low to moderately complex situations
- Provide information to, collaborate, and consult with peers, colleagues and managers
- Develop 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
- Resolve low to moderately complex escalated issues within the scope of responsibility in Security Operations
- Research low to moderately complex business risks
- Provide input into policies
- Enhance customer satisfaction
- Review time sensitive documents and transaction requests
- Exercise independent judgment in understanding trade settlement workflow controls
- Support overall effectiveness of the team according to plans
- Monitor daily securities and cash related production work
- Contribute and may lead implementation of projects, new or revised processes, and procedures
- Perform analysis for initiatives that support business strategies
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
