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About this role:

Wells Fargo is seeking an Institutional Investment Operations Associate for the Foreign Exchange (FX) Operations team within the Corporate and Investment Banking (CIB) Operations organization.

In this role, you will:

• Monitor, input, and process cash related transactions, customer service, project support, funding operations, settlement services, trade reconciliation, researching inquiries, reviewing time sensitive and/or complex documents as well as work to resolve payment or trade related issue

• Review SWIFT messages ensuring all required information such as settlement instructions are provided by remitter

• Assist leadership in bringing individual or teams together to resolve complex issues

• Provide subject matter expertise on projects along with internal and industry related initiatives (such as risk mitigation, process efficiencies and client service enhancements)

• Review and analyze functional operational tasks that require research, evaluation, and exercise independent judgment to guide the deliverable

• Provide back-up for other desks

• 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

• Works under minimal supervision

Foreign Exchange Operations is responsible for providing support for Foreign Exchange trades in multiple spaces (institutional, corporate, retail) which includes customer service (internal and external), affirmation of trades with client via multiple channels, monitoring and inputting of settlements of FX payments, project support, funding operations, reconciliation of accounts, trades and ledgers, servicing FX trades, working to resolve issues with trades and systems and ensuring timely settlements and processing of FX transactions. We anticipate having more than one role to fill, and those roles could be aligned to any of the following workgroups:

• Resolutions

• Settlements

• Investigations

Required Qualifications, US:

• 6+ months 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 in finance, Management, Accounting and/or Economics

• Experience in Financial Services Operations/complex processes, working with client accounts/data

• Strong analytical skills and attention to detail

• Good verbal, written and interpersonal communication skills

• Ability to manage multiple tasks in a fast paced and fluid environment and work under pressure

• Ability to adapt and learn new systems, processes, and regulations quickly

• Ability to convey processes, procedures, guidelines, and analytics to variety of audiences

• Self-motivated and a strong desire for continued learning

• Great proficiency in Excel and other MS Office products

Job Expectations:

• This position is not eligible for Visa sponsorship

• Candidate must be based out of posted location

• Relocation assistance not available for this position

Posting Location:

• 1525 W. W T Harris Blvd, Charlotte, NC

Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; foreign exchange, rates and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe.

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.

Posting End Date:

4 Oct 2024

*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 US: All 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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

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.

Company: WELLS FARGO BANK

Req Number: R-397802

Updated: Mon Sep 30 04:49:23 UTC 2024

Location: CHARLOTTE,North Carolina