Institutional Investment Operations Representative

About this role:

Wells Fargo is seeking a Institutional Investment Operations Representative

In this role, you will:

• Perform a variety of operational tasks for routine and medium complex institutional trades that require general knowledge of unit functions and systems

• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve process specific goals

• Review time sensitive document

• Support audit requirements within the process

• Address compliance and corporate governance issues for the department

• Interact with internal and external customers as per prescribed process or procedure

• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve process goals

• Execute tasks and perform activities as per direction from leaders and understand function, policies, procedures, and compliance requirements

Required Qualifications:

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

Desired Qualifications:

• Ensure the process of reviewing Confirmation and matching are completed on timely basis
• Escalate in a timely manner within the Operations group and Front office to ensure prompt resolution of exceptions/disputes
• Responsible for minimizing financial losses by identifying and resolving trade capture errors, reconciling trade activity between system of record and any trade-related documentation, and ensuring all economic terms and necessary protective and fallback clauses are confirmed
• Serve as liaison with all lines of business, internal legal and compliance departments in order to ensure transaction information is correct and complete.
• Regularly seek opportunities to improve processes, controls, and procedures to improve efficiencies, deepen the team’s understanding of products, and mitigate risk
• Partner with the project team and assist with user acceptance testing
• Partner with Technology to identify/ resolve system issues, and implements system enhancements to increase efficiency
• Display sound working knowledge around derivatives products, terminologies and trade life cycle
• Acquainted with ISDA standards & definitions
• Ensure all high-risk items are flagged off to the management on timely basis and the escalation matrix is followed
• Ensure all client queries/disputes are solved within defined timelines
• Understands needs and sensitivities of internal and external clients and proactively ensuring these are met
• Builds relationship with businesses and counterparties to ensure effective escalation and timely resolutions.

Job Expectations:

• MBA or an advanced degree (or equivalent exp.)

• 1 to 3 years of experience in Derivative Operations
• Strong interpersonal and influencing skills, with the ability to build strong partnership with business stakeholders and other support functions
• Must be a good team player with a high degree of flexibility, prepared to work in a deadline-driven and fast-paced environment
• Understands Derivatives trade life cycle and associated functions
• ISDA definitions
• Excellent internal/external client handling skills.

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.