Institutional Investment Operations Associate

About this role:

Wells Fargo is seeking a Institutional Investment Operations Associate

In this role, you will:

• Provide operational and customer support for lifecycle tasks for institutional trades
• Assist with client account onboarding, input and monitoring of cash payments, customer service, funding operations, custodial operations, securities settlement services, asset servicing structured loan operations, general ledger reconciliation and work to resolve confirmation and ISDA related issues
• Assist in gathering data to support resolution of issues
• Receive direction from manager and exercise judgment within defined parameters of the area while developing understanding of various functions, policies and procedures
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Required Qualifications:

• 6+ months of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Preferred Skills-

• Strong Knowledge of the banking regulatory reporting rules and regulations including BSA, AML, and Patriot Act.
• Understanding of client lifecycle activities, such as corporate actions including merger events
• Extensive knowledge and understanding of loan, securities and derivative products
• Advanced knowledge of trade processing life-cycle
• Knowledge of the Microsoft applications including Excel, Access Database and Tableau
• Ability to research, compile, and perform complex analysis on critical operational data
• Ability to work in a fast-paced, team oriented environment
• Strong analytic ability, with high attention to detail, accuracy 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
• Perform analysis of, and make recommendations on functionality/efficiency of established controls and processes to ensure appropriate risk based operational procedures are in place and are meeting regulatory requirements/expectations

Essential Qualifications-

• Bachelor's degree in accounting, Finance, or a business-related field is preferred
• Previous experience of 5+ years in Operations and/or Financial Services industry or relevant work experience in one or a combination of the following:
• business operations, regulatory oversight, AML/KYC, Client Onboarding, US tax regime & compliance
• Understanding of client onboarding documentation, including working knowledge of requirements driving KYC/CDD/EDD, AML, Tax, regulatory & ISDA documentation
• Ability to independently research and analyze regulatory reporting requirements and other financial documents
• Strong multi-tasking abilities in a high performance, high demand environment
• Familiar with market utility vendors such as Markit, Lexis-Nexis, SNL and others to collect and analyze client onboarding documents and requirements
• Ability to communicate (written/verbal) effectively at all organizational levels
• Ability to plan and organize workload within tight deadlines, meeting day-to-day objectives as well as longer term strategic goals
• Perform analysis of, and make recommendations on functionality/efficiency of established controls and processes to ensure appropriate risk based operational procedures are in place and are meeting regulatory requirements/expectations
• Working Hours: 6:30pm to 3:30am