Senior Capital Markets Middle Office Specialist at Wells Fargo
Charlotte, NC 28202, USA -
Full Time


Start Date

Immediate

Expiry Date

05 Dec, 25

Salary

0.0

Posted On

06 Sep, 25

Experience

4 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Basel Ii, Calypso, Trading Desk, Excel, Bloomberg, Training, Capital Markets, Access, Dodd Frank, Mva, Risk, Sql, Presentation Skills, Basel Iii

Industry

Financial Services

Description

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:

  • 4+ 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:

  • Thorough understanding of how capital markets work within a trading environment and have at least 4+ years of experience in either a middle office/risk role and/or equivalent experience in supporting a derivative trading desk
  • Strong skill set of profit and loss attribution, strong understanding of derivative pricing and risk, strong operational experience with complicated transactions
  • Conceptual understanding of either CVA, DVA, FVA, MVA, Basel II and Basel III, SIMM/UMR/Margin knowledge, and Dodd-Frank
  • Experience with Microsoft Office applications including Excel, Access, VBA, and SQL
  • Working Knowledge of Access, relation-based tables, Excel (sumifs, nested functions, Index Match)
  • Knowledge and understanding of SQL, VBA, or any programming language
  • Experience with trading applications such as Bloomberg, Calypso, and Broadridge
  • Must be able to effectively prioritize while multi-tasking and think outside the box in a fast paced and consistently changing environment
  • Detail-oriented and respond in a timely manner to ad hoc requests
  • Strong presentation skill
Responsibilities

Wells Fargo is seeking a Senior Capital Markets Middle Office Specialist within the (XVA) and Macro Structured Solutions Trading desk team as a part of Corporate Investment Banking Operations. Learn more about the career areas and business divisions at wellsfargojobs.com .
This resource will support the trading and hedging activities that include bonds, various interest rate swap products, credit default swaps, Eurodollars, FX, commodities transactions, and structured notes.

In this role, you will:

  • Trade capture, P&L generation and attribution, Volcker Risk-based P&L Attribution review, exception resolution, project management, and position and trade maintenance
  • Interact closely with multiple business partners including Trading, Sales, Finance, Technology, Documentation, Legal, Payments, Market Risk, CRO’s and DRO’s
  • Work with external counterparties in confirming and assuring trades settle appropriately
  • Responsible for a variety of day-to-day tasks as well as ad hoc requests and project work
  • Lead or participate in moderately complex derivatives products within Capital Markets Middle Office
  • Contribute to large scale planning related to profit and loss generation, attribution, and trades
  • Review, analyze and resolve moderately complex trade issues that require in-depth evaluation
  • Resolve moderately complex trade issues, and assist team to meet functional area and process deliverables
  • Deliver solid understanding of the function, policies, procedures, and compliance requirements
  • Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
  • Lead projects and assist senior managers with industry related initiatives
  • Serve as a mentor for less experienced analysts

Required Qualifications:

  • 4+ 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:

  • Thorough understanding of how capital markets work within a trading environment and have at least 4+ years of experience in either a middle office/risk role and/or equivalent experience in supporting a derivative trading desk
  • Strong skill set of profit and loss attribution, strong understanding of derivative pricing and risk, strong operational experience with complicated transactions
  • Conceptual understanding of either CVA, DVA, FVA, MVA, Basel II and Basel III, SIMM/UMR/Margin knowledge, and Dodd-Frank
  • Experience with Microsoft Office applications including Excel, Access, VBA, and SQL
  • Working Knowledge of Access, relation-based tables, Excel (sumifs, nested functions, Index Match)
  • Knowledge and understanding of SQL, VBA, or any programming language
  • Experience with trading applications such as Bloomberg, Calypso, and Broadridge
  • Must be able to effectively prioritize while multi-tasking and think outside the box in a fast paced and consistently changing environment
  • Detail-oriented and respond in a timely manner to ad hoc requests
  • Strong presentation skills

Job Expectations:

  • Ability to work a hybrid schedule
  • Willingness to work on-site at stated location on the job opening
  • Ability to work additional hours as needed
  • This position is not eligible for Visa sponsorship

Posting Location:

  • 550 S Tryon St, Charlotte, NC 28202

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.
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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