Senior Institutional Investment Operations Specialist - Tax Operations, Wells Fargo

Wells Fargo

Location:
United States, Charlotte

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

Save Job

Apply Position

Job Description:

Wells Fargo is seeking a Senior Institutional Investment Operations Specialist within our Securities Tax Operations team as a part of Corporate Investment Banking Operations. This resource will help the team handle the changing regulatory environment and the complexities on capital market products within the Internal Revenue Service (“IRS”) Chapter 3, Chapter 4 and Chapter 61 reporting and withholding regimes along with applicable state and international tax regulations.

Job Responsibility:

Handling tax documentation, withholding and reporting inquiries raised by business partners
Daily TEFRA, NRA and FATCA withholding reconciliation and remittance
Reconcile withholding and reporting files to ensure correct withholding is applied
Research and resolve reporting and withholding exceptions, including Cost Basis record management
Perform 1099 and 1042-S reporting tasks such as Quality Control review of tax reporting forms, assist with trial runs and processing of tax reporting adjustments
Support international tax obligations by processing foreign withholding taxes, financial transaction taxes, capital gains taxes and any associated reporting
Driving procedural changes and automated solutions to enhance operational efficiency and data integrity
Providing leadership on issues raised by the areas we support while communicating ways to improve data quality and client service
Partnering with upstream processing teams such as corporate actions and middle office to ensure straight through tax processing and mitigate operational risk

Requirements:

4+ years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Experience within the Capital Markets Industry, and Tax Operations
Knowledge and understanding of technical IRS tax withholding and reporting compliance (1099 INT, 1099 MISC, 1099-B, 1042-S, IMY Reporting to Beneficiary Owners) or foreign tax obligations (withholding tax reclaims, financial transaction taxes)
Experience or basic understanding of IRS Forms W-9s and W-8s (exemption codes, country treaty rates and IMY withholding statements)
Extensive knowledge and understanding of loan, securities, and derivative products
Knowledge and understanding of Prime Brokerage, equity, and fixed income trading
Intermediate Microsoft Office skills and data analytics tools
Strong analytical skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Effective organizational, multi-tasking, and prioritizing skills
Strong project management skills including the ability to handle multiple projects concurrently
Ability to work in a fast-paced deadline driven environment

Additional Information:

Job Posted:
August 12, 2025

Expiration:
August 26, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

View All Jobs In This Company

Job Link Share:

Senior Institutional Investment Operations Specialist - Tax Operations

Wells Fargo

Location:United States, Charlotte

Category:Finance

Contract Type:Not provided