Capital Markets Institutional Operations Support Analyst 5 - Broker Dealer Operations

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe.

Responsibilities for this role generally include the below:

• Develop a thorough understanding of the broker dealer platform and the impact of each team’s role in supporting the capital markets business
• Establish relationships with Finance, various Operations groups, Middle Office and Technology for horizontal transparency surrounding business demands
• Actively participate in strategy conversations regarding the future state of specific vendor solutions, distributed ledger possibilities and any relevant new technology solution that may improve our workflow infrastructure
• Review and assess data related to exceptions or events, organize the material for presentation purposes and ultimately generate informational reports signaling cost/efficiency opportunities and/or potential risks
• Scrutinize data to determine trends and drivers of certain business events, providing senior leaders with decision making information
• Ability to timely consume data from multiple sources and present ad hoc reporting
• Influence broker dealer team members to embrace a culture of root cause analysis and self-identification of risk.
• Research new processes/business flows for data opportunities
• Perform and improve cost allocation model covering the various expenses incurred by Operations
• Liaison with team members regularly for purposes of strengthening legacy reports focusing on risk mitigation, operational synergies and/or operational enhancements

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.

• 6+ years of capital markets industry experience

• Ability to work in a fast paced deadline driven environment
• Ability to present results of analyses and recommendations to senior leaders
• Knowledge and understanding of capital markets: operations
• Strong organizational, multi-tasking, and prioritizing skills
• Excellent verbal, written, and interpersonal communication skills
• Experience with change Management
• Ability to research, analyze, document, and present organizational metrics that drive business decisions
• FINRA registration including Series 99 (or FINRA recognized equivalents)
• FINRA registration including Series 7 (or FINRA recognized equivalents)

• A strong understanding of 15c3-3 possession or control
• General awareness of creating projection/predictive reporting for front office business partners
• Preferred experience processing in Broadridge applications such as BPS, Gloss and Impact
• Working knowledge of Prime Brokerage, Stock Loan and Tri-Party operations
• Experience in Metric Reporting
• Experience in process enhancements through automation in VBA or otherwise

• For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite may also be required
• Registration for Securities Industry Essentials (SIE) exam must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted
• Registration for FINRA Series 99 must be completed within 120 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.

NC-Charlotte: 1525 W Wt Harris Blvd - Charlotte, NC

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.