Institutional Investment Operations Specialist

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About this role:

Wells Fargo is seeking a motivated Institutional Investment Operations Specialist to support the Futures Commission Merchant (FCM) business within the Corporate & Investment Banking division of Wells Fargo Global Operations. This role is part of the Fees and Commissions team and is responsible for the accurate assessment calculation and capture of all FCM-related fees and commissions. The specialist will ensure data integrity support reconciliation processes and collaborate with internal partners to maintain transparent and compliant fee practices across the FCM business.

• Draft and maintain commission schedules and give up agreements
• Assist Sales and the FCM business with customer pricing strategy and execution
• Maintain static data to ensure fee and commission rates are recorded accurately and result in the intended charges
• Execute reconciliations and controls on trade date and T to ensure charges are accurate breaks are adjusted and any issues/root causes are investigated and corrected
• Participate in lifecycle support tasks for institutional trade initiatives and identify opportunity for process improvements
• Assist leadership in bringing individual or teams together in order to resolve complex issues
• Provide subject matter expertise on projects along with internal and industry related initiatives
• Review and analyze functional operational tasks that require research evaluation and exercise independent judgment to guide the deliverable
• Present recommendations for resolving complex situations and exercise independent judgement while developing expertise on functions projects internal and industry related initiatives
• Collaborate and consult with peers colleagues and managers to resolve issues and achieve goals

Required Qualifications:

• 2 years 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 utilizing the FIS GMI Consensys FIA Docs or related cleared derivatives systems.
• FCM operations and/or project implementation experience
• Knowledge of cleared derivatives products and the trade processing life cycle
• Working knowledge of the CME Group ICE LCH OCC or other comparable clearinghouse systems
• Knowledge of capital markets including products such as futures options and other listed derivatives.
• Experience supporting capital markets trading businesses or front-office trading teams.
• Background in trading operations trade support or posttrade processing within an FCM or similar environment.
• Familiarity with market infrastructure clearing processes and exchange/clearinghouse requirements.
• Strong understanding of trade lifecycle workflows reconciliations and fee/commission structures related to capital markets transactions.

Job Expectations:

• Position offers a hybrid work schedule in which you are required to work in office 3 days per week at a minimum in one of the locations listed below
• Flexibility to work rotating schedules including late shifts that may extend to 7:00 PM to support team and business requirements.
• Relocation assistance is not available for this position
• Visa sponsorship is not available for this position

Locations:

• S Tryon St. Floors 17-18 Charlotte NC

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 units 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.

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

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