Capital Markets Middle Office specialist

at  Wells Fargo

APPLICANTS WITH DISABILITIES

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

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

Required Qualifications:

• Experience in Capital Markets middle office, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• A strong academic background and experience in FX/Rates Cash Securities and OTC Derivatives Middle Office including Treasury functions.
• A strategic mindset to work/lead International projects and partner with our APAC and Dublin teams.
• Excellent Markitwire experience essential, the ability to build a ticket from scratch and enrich where appropriate.
• Analytical with strong verbal and written communication skills.
• Good understanding of trade lifecycle across the Rates and FX (including NFD Fixings).
• An excellent understanding of life cycle knowledge of Cash Securities and OTC products (CDS).
• Good Settlement knowledge across DTC, Fed, E/C and Clearstream.
• Ability to work across multiple regions.
• Must have the experience with systems such as TOMS/OPICS/CALYPSO/GSF/CATALYST/MARKITWIRE.
• Advance Excel and VBA experience.
• Confident and the ability to work under pressure of a trading floor and deliver on strict deadlines.
• Good interpersonal and networking skills to help close out issues.
• High level of attention to detail.
• Team Player with good communication skills and demonstrate a high level of transparency towards working as one strong team

Wells Fargo is seeking a Capital Markets Middle Office Specialist to work closely with Front Office, Finance and the US Documentation and Operations/Settlements teams on a daily basis. This pivotal role involves coordinating daily with different departments to ensure prompt activity booking, trade enrichment, and seamless settlement and reporting procedures. The position requires close collaboration with Sales, Finance, Compliance, Technology, COO Teams, and global Middle Office teams.
Join us in driving operational excellence and fostering cross-departmental synergy!

In this role, you will:

• Provide full trade support cover for all traders/sales teams in a controlled manner by following all MO procedures.
• Have good knowledge of Rates/FX/Credit/Repo and Treasury functions.
• Have a high level of attention to detail to ensure all trades checked before verified on trade date.
• Be responsible for Intra-day Risk and P&L reporting, investigation of discrepancies between reported and posted P&L.
• Monitor daily trading exception reports
• Be responsible for the monitoring and resolution of OPICS trades that needs repair.
• Assist with resolution of trade queries and front to back reconciliations.
• Assist the treasury desk in Liquidity Management and Funding.
• Work closely with Settlements/Payments functions.
• Liaise with Risk and Product Control Departments to resolve any discrepancies between Middle Office and other reports produced elsewhere.
• Manage client Derivatives Documentation coordination.
• Participate in system upgrades / testing.
• Be a team player and must show flexibility for working early morning shifts.
• Ability to work with team members and business partners across the bank
• Project work/Ad hoc management requests
• Enhancement of the control framework around the daily processes.
• Maintenance and enhancement of governance documents (e.g. Process flows and procedures).
• Act as the link between business requirements and technology solutions.
• Fact finding for any Issue and help escalation to Management
• Ensure all Initiatives are captured on the teams BOW and is updates at all times

Required Qualifications:

• Experience in Capital Markets middle office, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• A strong academic background and experience in FX/Rates Cash Securities and OTC Derivatives Middle Office including Treasury functions.
• A strategic mindset to work/lead International projects and partner with our APAC and Dublin teams.
• Excellent Markitwire experience essential, the ability to build a ticket from scratch and enrich where appropriate.
• Analytical with strong verbal and written communication skills.
• Good understanding of trade lifecycle across the Rates and FX (including NFD Fixings).
• An excellent understanding of life cycle knowledge of Cash Securities and OTC products (CDS).
• Good Settlement knowledge across DTC, Fed, E/C and Clearstream.
• Ability to work across multiple regions.
• Must have the experience with systems such as TOMS/OPICS/CALYPSO/GSF/CATALYST/MARKITWIRE.
• Advance Excel and VBA experience.
• Confident and the ability to work under pressure of a trading floor and deliver on strict deadlines.
• Good interpersonal and networking skills to help close out issues.
• High level of attention to detail.
• Team Player with good communication skills and demonstrate a high level of transparency towards working as one strong team.