Senior Institutional Investment Operations Specialist

Wells Fargo Bank•Charlotte, NC

1d•Hybrid

About The Position

Wells Fargo is seeking a Senior Institutional Investment Operations Specialist within our Cash Management team as a part of our Corporate Investment Banking (CIB) Operations Division. The cash management team sits within funding operations and is primarily responsible for executing client inter-company cash transfers and bookkeeping entries, and collaborating with FCL and other internal business partners to onboard new business as needed. The Funding Operations team sits within WFS Broker Dealer Operations and primarily supports the Funding Capital Liquidity Team (FCL), Futures Commission Merchant (FCM), as well as custody customers of WFS.

Requirements

4+ years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
FINRA registration including; Series 7 or 99
A BS/BA degree or higher in Accounting, Finance, Economics, or Business Administration
Ability to navigate multiple computer systems, applications, and utilize search tools to find information
Ability to work independently, proactively, innovatively, and creatively while exercising sound judgment
Effective organizational, multi-tasking, and prioritizing skills
Solid problem-solving skills
Sound analytical skills with high attention to detail and accuracy
Foundational Microsoft Office skills
Ability to work in a fast-paced deadline driven environment
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

Excellent verbal, written, and interpersonal communication skills

Responsibilities

Perform user acceptance testing for system enhancements
Ensure daily cash and collateral margin settlements are approved and processed in a timely manner
Responsible for documenting and maintaining standard operating procedures
Funding internal and external bank accounts across multiple currencies and Agent banks
Processing customer and firm Fedwire and SWIFT wire transfers and check disbursements
Researching and reconciling daily position and cash breaks
Liaising with various support groups and trading desks to escalate and resolve issues in a timely fashion
Participating in individual and group projects to drive process improvement and support business initiatives
Ability to quickly assess the urgency around a problem or situation and escalate if needed
Assist in strategic build out of payments infrastructure