Capital Markets Middle Office Associate

About this role:
Wells Fargo is seeking a Capital Markets Middle Office Associate as part of our Corporate Investment Banking (CIB) Operations division. This role will be supporting the Credit Contingent Desk (CVA) and the Macro Structured Solutions Trading Desk. 

In this role, you will:

• Participate in research and resolution of issues including, profit and loss generation, profit and loss attribution and trade capture
• Identify opportunities to resolve complex confirmation and related trade issues
• Review tactical business challenges related to complex derivative products
• Receive direction from manager and exercise independent judgement while developing an understanding of procedures
• Provide information to managers and the Capital Markets Middle Office

Required Qualifications:

• 6 months of Capital Markets industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Clear understanding of how capital markets work within a trading environment
• Middle office support role and/or equivalent experience in supporting a derivative desk
• Strong skill set of profit and loss attribution (Greek based PL), good understanding of derivative pricing, operational experience pertaining to capital market transactions, a conceptual understanding of CVA, DVA, FVA, Basel II and Basel III. 
• Ability to effectively prioritize while multi-tasking and the ability to work in a fast paced and consistently changing environment. 
• Detail-oriented and respond in a timely manner to ad hoc requests.  
• Candidate must be strong in Microsoft Office applications including Excel, Access, and VBA. SQL experience is preferred. 
• Experience with trading applications such as Bloomberg, Calypso, and Broadridge  

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; foreign exchange, rates and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe.

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.

Posting End Date: 

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

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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 US: 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.

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.