Capital Markets Middle Office Specialist at Wells Fargo
New York, NY 10001, USA -
Full Time


Start Date

Immediate

Expiry Date

08 Jul, 25

Salary

56.73

Posted On

08 Apr, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Processing, Communication Skills, Prime Brokerage, Corporate Actions, Training

Industry

Financial Services

Description

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

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, US:

  • 2+ years of Capital Markets industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educatio

Desired Qualifications:

  • 1 to 2+ years experience in servicing Prime Brokerage
  • Knowledge of Corporate Actions & Trade Processing
  • Proficiency in Broadridge
  • Financial products knowledge, including cross-margining, swaps, & options
  • Skills in process improvement
  • Experience in project management
  • Bachelor’s degree or equivalent work experience
  • Ability to work in a team environment as well as operate independently
  • Strong problem-solving abilities
  • Excellent written and verbal communication skills
  • Organized, capable of managing high volumes, & adept at prioritizing workload
  • Results-driven
  • Willingness to assume responsibility
  • Confidence to deal with both external and internal clients as neede
Responsibilities

Wells Fargo is seeking a Capital Markets Middle Office Specialist within the Prime Brokerage Trade Processing Middle Office team (TPMO) which is part of Prime Services Operations.

In this role, you will:

  • Participate in profit and loss generation, profit and loss attribution and trade capture
  • Identify opportunities to resolve complex confirmation and related trade issues
  • Analyze tactical business challenges related to complex derivative products and exercise independent judgment to guide the deliverable
  • Present recommendations for resolving derivative issues
  • Review new and amended trades, cash payments, customer pricing, collateral management, credit and general ledger reconciliation issues
  • Provide information to managers and the Capital Markets Middle Office

Required Qualifications, US:

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

Desired Qualifications:

  • 1 to 2+ years experience in servicing Prime Brokerage
  • Knowledge of Corporate Actions & Trade Processing
  • Proficiency in Broadridge
  • Financial products knowledge, including cross-margining, swaps, & options
  • Skills in process improvement
  • Experience in project management
  • Bachelor’s degree or equivalent work experience
  • Ability to work in a team environment as well as operate independently
  • Strong problem-solving abilities
  • Excellent written and verbal communication skills
  • Organized, capable of managing high volumes, & adept at prioritizing workload
  • Results-driven
  • Willingness to assume responsibility
  • Confidence to deal with both external and internal clients as needed

Job Expectations:

  • Hybrid Schedule: 3 Days In, 2 Days Out
  • 500 W 33rd St, New York, NY 10001
  • Availability to work from 8am to 5pm or 11am to 8pm
  • Willingness to work additional hours as needed

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.

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