About this role
Wells Fargo is seeking a Senior Institutional Investment Operations Representative...
In this role, you will
- Take complete responsibility of monitoring daily functions of Derivatives Collateral management process.
- Organizes the work of the team, assigns task, sets short-term priorities, monitors all activities and ensure timely and accurate completion of the work.
- Displays sound working knowledge surrounding Collateral margining process.
- Escalate in a timely manner within the Operations group, Technology application support and Middle Office to ensure prompt resolution of exceptions/disputes.
- Understands needs and sensitivities of internal and external clients and proactively ensuring these are met.
- Acquainted with ISDA/CSA standards & definitions.
- Builds relationship with businesses and counterparties to ensure effective escalation and timely resolutions.
- Partner with Technology to identify/ resolve system issues and implements system enhancements to increase efficiency.
- Swiftly Identifies potential risks in operational processes develops and implements controls to mitigate related risk.
- Displays strong analytical skills to improve workflow to increase operational efficiency.
- Collaborates with global team to produce reports and build metrics.
- Competent in TAT Management, Process Improvements, Regulatory Compliance, Audits- Process/Transactional Level including adherence to SLAs.
- Periodically reviews the procedure documents ad check list.
- Ability to train and mentor new hires.
Required Qualifications
- 4+ 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 in Institutional Investment Operations, or equivalent demonstrated through one or a combination of the following work experience, training, military experience, education.
- MBA or an advanced degree (or equivalent exp.)
- 5-6 years' experience in Collateral management process,
- Strong interpersonal and influencing skills, with the ability to build strong partnership with business stakeholders and other support functions.
- Strong organizational and project management skills with demonstrated ability to manage expectations and deliver on commitments.
- Experience of working across one or more geographic territories or regions.
- Must be a great team player with a high degree of flexibility, prepared to work in a deadline-driven and fast-paced environment.
- Experience of working with senior leaders cutting across Technology, Operations and Strategy functions is an added advantage.
Job Expectations
- Understands Derivatives trade life cycle and associate functions.
- End to End experience of Collateral margining process.
- Good understanding on Colline/OAQ/OPICS and other industry standard applications
- CSA set-up
- Excellent internal/external client handling skills
Posting End Date
*Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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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