About this role
Wells Fargo is seeking a Senior Securities Operations Representative. From Reference Data Services perspective, the Client Data team creates Client Accounts as part of Client On-Boarding process and provides support in Account Data Maintenance as well which includes Data Integrity and Account Documentation. The Main areas of interaction is with all departments within Capital Market Sales, Compliance, and Settlement Ops, Account control Ops, AML/KYC, Middle Office and Credit.
In this role, you will
- Perform a variety of operational tasks for complex securities or process extensive knowledge of systems
- Provide ideas for improving or implementing processes
- Perform moderately complex duties such as processing, researching inquires and reconciling transactions
- Review time sensitive documents
- Provide training or work direction to less experienced staff
- Address compliance and corporate governance issues for the department
- Lead or participate in projects
- Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
- Interact with internal customers
- Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
- Owning onboarding a new opportunity end to end including relationship management, request management and delegation to downstream partners
- Working with onshore Data teams to effectively manage requests.
- Communicating the status to internal stakeholders
- Identifying opportunities to improve the process through partnership with other teams
- Management of client connectivity, Trade set-up and configuration processes
- Providing feedback to continually improve the process
- Assist with balancing team work load
- Identify issues with the process, create and drive a solution
- Develop and maintain MIS on end to end process for tracking turnaround times of deliverables from team and other processing areas
- The candidate will be responsible for completing UAT testing related to projects that impact the group.
- Implementing new products and operational processes related to the Derivatives Clearing System.
- Responsible for developing workflow, system configuration and static data within the front and back office system.
- Foster team relationships with peers and outside vendors that regularly interact with the department to effectively accomplish the team's goals.
- Maintain Derivatives System Solution group procedures ensuring they are up to date incorporating the most recent industry specific best practices for Derivatives Clearing.
- Determine process improvements, efficiencies and cost saving initiatives that will enhance the performance of the group.
- Manage Clearing House and Vendor relationships as it relates to Derivatives Clearing System Solutions.
- Work as part of project teams to implement new processes and improvements as needed.
Required Qualifications
- 4+ years of Securities Operations experience, or equivalent experience demonstrated through one or a combination of the following work experience, training, military experience, education
Desired Qualifications
- Requires a minimum of 4 years' experience in reference data or market data.
- Ability to manage multiple tasks and work in a deadline intensive environment to obtain results.
- Well-organized with the ability to prioritize within a multi-project environment and proactively meet established deadlines.
- Advanced Microsoft applications including Access db and Excel are required. Strong communications and problem solving skills. The ability to effectively lead change.
- Up to 4 years of experience in one or a combination of the following middle office, collateral, documentation, business operations.
- Excellent verbal, written (including drafting), and interpersonal communication skills.
- Microsoft Excel spreadsheets experience importing, exporting, formulas, and manipulating data.
- Ability to research, compile, and perform complex analysis on critical operational data.
- Experience working with changing priorities and deadlines. Highly motivated with ability to drive results.
- Highly organized with very strong attention to detail. Excellent presentation skills.
- Ability to work with impacted areas to understand complex problems. Ability to multi-task, perform under pressure and meet tight deadlines.Excellent Interpersonal skills ability to build relationships
- Advanced knowledge of the Microsoft applications including Access Database and Excel.
Job Expectations
- Knowledge of the following systems Mastiff, GMI, IMPACT, BPS & Aladdin will be added advantage.
- Advanced knowledge of trade processing life cycle of Fixed income, Equity & Derivative products
- Excellent teamwork skills
- Strong Analytic ability, attention to detail and strong problem solving skills
- Ability to communicate (written/verbal) effectively at all organizational levels
- Excellent Interpersonal skills ability to build relationships
- Ability to plan and organize workload within tight deadlines, meeting day-to-day objectives as well as longer term strategic goals
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.
Candidates applying to job openings posted in USAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Candidates applying to job openings posted in Canada Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
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