Capital Markets Middle Office Specialist, Wells Fargo

Wells Fargo

Location:
United States, Charlotte

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Wells Fargo is seeking a Capital Markets Middle Office Specialist (FCM) in Capital Markets as a part of our Corporate Investment Banking (CIB) Operations division. This position supports the Wells Fargo Securities Markets Clearing and Futures Execution business. This individual will be responsible for providing holistic client services to Cleared Derivatives clients, including margin settlement, issue resolution, sales support, and participation in internal projects/initiatives that improve the customer experience. This individual will be responsible for providing subject matter expertise in Futures and Options, and OTC clearing (CDS, IRS) and identifying efficiencies within our post-trade execution processes, including making recommendations based on industry best-practices primarily targeting client services, funding, risk mitigation, controls and reducing volume sensitivity.

Job Responsibility:

Ensure timely, and accurate, returns, borrows, contract compare, account balancing, mark to markets, DTC monitoring, rate changes, billing, and Loanet matching for both international and domestic processing
Identify opportunities to resolve complex confirmation and related trade issues
Work collaboratively with other Wells Fargo groups and logistical functions including PB, Finance, IT, Legal, Compliance, Market Risk and Credit Risk
Ensure control standards are in line with Bank policy as documented. Articulate all control deficiencies within a KRI, audit point or action plan
Partner with Change Team to analyze and document current state processes and drive future state requirements
Demonstrate sound understanding of the business and client issues together with the ability to develop solutions to meet these needs
Display enthusiasm and self-motivation to overcome obstacles and demonstrate a positive approach while encouraging the same approach in others
Drive continuous improvement to deliver on set quantitative goals
Ensure deadlines are met and deliverables are of a high standard

Requirements:

2+ years of Capital Markets industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
A BS/BA degree or higher in accounting, finance, or economics
Ability to communicate confidentially and professionally
Advanced Microsoft Office (Word, Excel, Outlook, and Access) skills
Ability to work in a fast-paced deadline driven environment
Effective organizational, multi-tasking, and prioritizing skills
Excellent verbal, written, and interpersonal communication skills
Extensive knowledge and understanding of loan, securities, and derivative products
Intermediate Microsoft Office skills
Strong analytical skills with high attention to detail and accuracy
Possess a solid understanding of derivatives (Exchange Traded Futures and Options, IRS, CDS)
SunGard GMI experience

What we offer:

Relocation assistance is not available for this position
Visa Sponsorship not available for this position

Additional Information:

Job Posted:
April 29, 2025

Expiration:
May 07, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Capital Markets Middle Office Specialist

Wells Fargo

Location:United States, Charlotte

Category:Finance

Contract Type:Not provided