Institutional Investment Ops Specialist - FX Operations

at  Wells Fargo

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 .

Required Qualifications, US:

• 2+ years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educatio

Desired Qualifications:

• Bachelor’s degree preferably in Finance, Economics, or Business
• 2+ years prior experience in Foreign Exchange preferably in a back office or middle office capacity or demonstrate appreciable knowledge of foreign exchange trades and settlements
• Strong organizational, interpersonal, verbal, and written communication abilities
• Ability to interact professionally with customers, business partners, peers, and upper management
• Ability to manage multiple tasks in a fact paced and fluid environment and work under pressure
• Ability to adapt and learn new systems, processes, and regulations quickly and on a regular basis and comfortable working with technology and applications
• Strong analytical skills and attention to detail
• Ability to convey processes, procedures, guidelines, and analytics in an approachable laymen’s terms
• Self motivated and a strong desire for continued learning.
• Advance Excel and other office products skills a plus
• Knowledge of FX applications such as Opics, Pega, Intellimatch, Sapphire, etc a plu

Wells Fargo is seeking an Institutional Investment Operations Specialist in FX Operations as a part of Corporate Investment Banking.

In this role, you will:

• Work with internal teams to facilitate the amendment and cancellation events of FX trades while having awareness of the market, settlement, and regulatory risk and within tight regulatory SLAs
• Resolve and troubleshoot issue related to trades and system that arise from trade amendment or cancellation events
• Provide monitoring of various exception queues throughout the day and work to clear them
• Create various reporting with focus on analysis of the data for multiple audiences with system provided data
• Be actively involved in improvements to the existing processes and systems and engage in projects related to that including but not limited to providing guidance, requirements, testing, etc
• Participate in lifecycle support tasks for FX trades and identify opportunity for process improvements
• Assist leadership in bringing individual or teams together in order to resolve complex issues
• Review and analyze functional operational tasks that require research, evaluation, and exercise independent judgment to guide the deliverable
• Provide subject matter expertise on projects along with internal and industry related initiatives
• 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, US:

• 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:

• Bachelor’s degree preferably in Finance, Economics, or Business
• 2+ years prior experience in Foreign Exchange preferably in a back office or middle office capacity or demonstrate appreciable knowledge of foreign exchange trades and settlements
• Strong organizational, interpersonal, verbal, and written communication abilities
• Ability to interact professionally with customers, business partners, peers, and upper management
• Ability to manage multiple tasks in a fact paced and fluid environment and work under pressure
• Ability to adapt and learn new systems, processes, and regulations quickly and on a regular basis and comfortable working with technology and applications
• Strong analytical skills and attention to detail
• Ability to convey processes, procedures, guidelines, and analytics in an approachable laymen’s terms
• Self motivated and a strong desire for continued learning.
• Advance Excel and other office products skills a plus
• Knowledge of FX applications such as Opics, Pega, Intellimatch, Sapphire, etc a plus

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 CFR 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.
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.