Job Description

**Institutional Investment Operations Specialist - Broker Dealer Cash Management**

Location: Charlotte, North Carolina **Job ID** R-105860 **About this role:**

Team members 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 units risk appetite and all risk and compliance program requirements.

****In this role, you will:****

* Execute client and inter-company cash transfers and bookkeeping entries

* Collaborate with Capital Markets Liquidity Management and other internal business partners to onboard new business as needed

* Support the build out of the SSI Utility across the Broker-Dealer and ensure successful functionality with payment systems

* Ensure daily cash and collateral margin settlements are approved and processed in a timely manner

* Perform user acceptance testing for system enhancements

* Document and maintain standard operating procedures

* Fund internal and external bank accounts across multiple currencies and Agent banks

* Process customer and firm Fedwire, SWIFT wire transfers and check disbursements

* Research and reconcile daily position and cash breaks

* Liaise with various support groups and trading desks to escalate and resolve issues in a timely fashion

* Participate in individual and group projects to drive process improvement and support business initiatives

* Assess the urgency around a problem or situation and escalate if needed

* Assist in strategic build out of payments infrastructure

* Pay high attention to detail while approving Wire Payments to Institutional Clients

****Required Qualifications:****

* 2+ years of experience in one or a combination of the following: Financial Services, Accounting, Capital Markets, Investment Banking, Engineering, Operations

* A BS/BA degree or higher in Accounting, Finance, Economics, or Business Administration

* Ability to navigate multiple computer systems, applications, and utilize search tools to find information

* Ability to work independently, proactively, innovatively, and creatively while exercising sound judgment

* Effective organizational, multi-tasking, and prioritizing skills

* Proficient Microsoft Office skills, especially MS Excel

* Solid problem solving skills

* Strong analytical skills with high attention to detail and accuracy

* Excellent verbal, written, and interpersonal communication skills

****Desired Qualifications:****

* FINRA Registration including Series 7 or 99, or ability to obtain within 150 Days

* Understanding of SWIFT and Fedwire payment formats and best practices for initiating funds transfers.

* Previous experience processing wire and check disbursements in a financial services environment

* Experience with various securities platforms including Broadridge (Impact/Gloss/BPS)

8 - 6pm

**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 units 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, or national origin.

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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