Institutional Investment Operations Associate - Reconciliation

About this role:

Wells Fargo is seeking a Institutional Investment Operations Associate

In this role, you will:

• Provide operational and customer support for lifecycle tasks for institutional trades
• Assist with client account onboarding, input and monitoring of cash payments, customer service, funding operations, custodial operations, securities settlement services, asset servicing structured loan operations, general ledger reconciliation and work to resolve confirmation and ISDA related issues
• Assist in gathering data to support resolution of issues
• Receive direction from manager and exercise judgment within defined parameters of the area while developing understanding of various functions, policies and procedures
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Required Qualifications:

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

Key Responsibilities

• Perform and oversee daily reconciliation activities across various CIB products and systems.
• Investigate and resolve reconciliation breaks and perform root cause analysis.
• Develop a strong end-to-end understanding of trade flows and reconciliation processes.
• Partner with Operations, Technology, Business, and Control teams to resolve issues.
• Support audit, compliance, and documentation requirements.
• Identify opportunities for automation and process improvement.
• Identify key issues, risks, trends, observations and have them highlighted to management/key stakeholders
• Independently lead and drive projects from a surveillance perspective
• Follow up on inquiries submitted by various lines of business for resolution or escalation.

Required Skills & Experience

• Experience in Capital Markets / CIB Reconciliations.
• Strong understanding of trade lifecycle and trade flow.
• Ability to multitask and manage competing priorities.
• Strong analytical and problem-solving skills.
• Excellent verbal and written communication skills.
• Advanced Excel skills; knowledge of Alteryx, SQL, or Xceptor is a plus.
• Experience with SMARTS, Actimize or similar Trade surveillance systems is a plus
• Detail oriented, results driven, and has the ability to navigate in a quickly changing and high demand environment while balancing multiple priorities.
• Open to any shifts (as applicable for APAC, EMEA, USA & Canada).

Key Competencies

• Ownership & Accountability
• Stakeholder Management
• Effective Communication
• Attention to Detail
• Teamwork & Collaboration
• Continuous Improvement Mindset

Posting End Date: 

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.