Institutional Investment Operations Specialist - Transaction Reporting

Institutional Investment Operations Specialist - EMEA Transaction Reporting

About this role:

Wells Fargo is seeking an Institutional Investment Operations Specialist.

In this role, you will:

• Participate in lifecycle support tasks for institutional trade initiatives and identify opportunity for process improvements
• Assist leadership in bringing individual or teams together in order to resolve complex issues
• Assist in client account onboarding, input and monitoring of cash payments, customer service, project support, funding operations, custodial operations, securities settlement services, structured loan operations, general ledger reconciliation, as well as, work to resolve confirmation and ISDA related issue
• Provide subject matter expertise on projects along with internal and industry related initiatives
• Review and analyze functional operational tasks that require research, evaluation, and exercise independent judgment to guide the deliverable
• 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
• The role will primarily be responsible for the accurate and timely submissions of our regional transaction reporting obligations to the respective competent authorities through performance of completeness and accuracy reconciliations, however the role will also include support of change management projects and processes as a result of the ever-changing regulatory landscape.
• These initiatives would include streamlining of MiFID II, SFTR & EMIR RTS 3.0 processes, as well as enhancements to internal infrastructureto support current regulatory requirements. This role is appropriate for an experienced regulatory reporting SME.

Required Qualifications:

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

Job Expectations:

• The successful candidate will be self-motivated and have experience in transaction reporting operations, covering MiFID and EMIR, and be able to demonstrate a working knowledge of both the regulations and reporting methodologies.
• Knowledge of transaction reporting operations including EMIR, MiFIR/MiFID I & II requirements.
• Working product knowledge in OTC Derivatives/Fixed Income and Equities spaces.
• Solid analytical skills.
• Experience of working with project and technology stakeholders to deliver change. Solid communication and organisational skills to work with local and remote Operations, Technology and Compliance stakeholders.
• Proficient with Microsoft Excel (VBA preferred)

• Performing the daily completeness and accuracy reconciliations process in a timely and accurate manner to meet Wells Fargos reporting obligations.
• Perform investigations on breaks and perform root cause analysis on all exceptions
• Maintenance and enhancement of governance documents (eg. Process flows and procedures)
• Provide analytical support to regulatory change projects.
• Co-ordinate testing support to regulatory change projects with local SMEs.
• Work with Compliance and Legal team partners on rule interpretations for regulatory change.
• Delivery timely and accurate MI to Operations & Compliance management.
• Issue Management and write ups.