Institutional Investment Operations Associate

About this role:

Wells Fargo is seeking an Institutional Investment Operations Associate within our Syndicate Operations team as a part of Corporate Investment Banking Operations. Learn more about our career areas and lines of business at wellsfargojobs.com.

The Syndicate Operations team is responsible for the settlement and Syndicate accounting of new issue securities.

In this role, you will:

• Provide support to the various syndicate trading desks and investment banking teams across Wells Fargo Securities and Wells Fargo Bank, NA.

• Obtain eligibility for securities, funding issuers on settlement date, reconciling deal related revenue, paying deal related expenses, creating deal profit and loss statements, distributing revenue and statement of accounts to outside Syndicate members, maintaining extensive documentation of the Syndicate process and booking general ledger entries

• Lead or participate in moderately complex initiatives and deliverables

• Contribute to large scale planning related to process, procedures and efficiencies with internal and industry related initiatives

• Identify and recommend opportunities for process improvement and risk control development

• Assist with projects along with internal and industry related initiatives

• Review and analyze complex functional and operational tasks that require in-depth evaluation

• Assist in gathering data to support resolution of issues and resolve moderately complex issues

• Exercise independent judgment and resolution to guide the deliverables

• Leverage solid understanding of functions, policies, procedures and compliance requirements

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

Required Qualifications:

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

Desired Qualifications:

• Experience with DTCC, Euroclear, Cusip, Syndicate Deal Accounting, GL knowledge

• Back Office Operations experience and Trade Entry

• NASD Series 7 or 99

• Understanding of capital markets products, industry trends, regulatory changes and industry-wide best practices

• Ability to support a variety of product areas with high risk and complexity

• Excellent communications and interpersonal skills; exceptional attention to detail; ability to work independently and multi-task; strong technical (Microsoft Suite) and problem-solving skills

• Financial services operations background with demonstrated knowledge of operational functions and general industry practices

• Ability to adapt to a fast-paced environment and perform under pressure with a high motivation/energy level and able to meet stringent deadlines

• Ability to plan, prioritize and execute a body of work without ongoing supervision

• Able to think outside the box

• Willingness to take on responsibility

• Strong analytical, organizational and management skills

• Customer service orientation (both external and internal clients) is a must with excellent written and verbal communication skills

Job Expectations:

• Ability to work a hybrid schedule

• Willingness to work on-site at stated location on the job opening

• This position is not eligible for Visa sponsorship

Posting Location:

• 1525 W W.T Harris Blvd, Charlotte, NC 28262

Corporate & Investment Banking (“CIB”) delivers a comprehensive suite of capital markets, banking, and financial products and services. As 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.

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.

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.