About this role:

Wells Fargo is seeking a Lead Institutional Investment Operations Specialist to join our Asset Services team as part of Corporate and Investment (CIB) Operations.

This team is responsible for managing and controlling high levels of risk and liability inherent in the Asset Servicing process. The group processes all aspects of the lifecycle of Asset Servicing events, for all asset classes and across all markets.

In this role, you will:

• Lead the corporate actions and voluntary functions & related processes in multiple locations

• Reconcile and manage the full lifecycle of voluntary corporate action events inclusive of Event Capture, Notifications, Elections, Reconciliation and Payments.

• Work with Agent Banks, Custodians, and external counterparties to ensure complete understanding of events and ensuring data flows are correct with respect to event processing.

• Communicate with Operations colleagues, Technology Partners, Project Managers and Middle and Front Office Business Partners.

• Lead risk management for events processed and maintenance of associated procedures.

• Lead complex initiatives in operational and customer service for lifecycle support for institutional trade flow functions including client account onboarding, cash payments, customer service, funding or custodial operations, securities settlement services, structure loan operations, reconciliation as well as support resolution of issues in and out of their responsibility

• Act as key participant in large scale planning, gathering data to support resolution of issues in areas in and out of responsibility

• Review and research complex multi-faceted operational and customer support on loan, securities and derivative product issues for institutional trade flow and provide oversight and add efficiencies to processes that require in-depth evaluation of multiple factors including intangibles or unprecedented factors

• Demonstrate full knowledge and serve as leadership on projects along with internal and industry related industries

• Make decisions in complex and multi-faceted loan, securities and derivative products requiring understanding of the function, policies, procedures and compliance requirements

• Influence and lead broader work team to meet deliverables and drive new initiatives

• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

• Lead projects and teams, or serve as a peer mentor

Required Qualifications:

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

Desired Qualifications:

• Extensive knowledge and understanding of Asset Services and Corporate Actions, preferred to have 5+ years of current and direct involvement with this function.

• Ability to demonstrate a strong understanding of stock loan, securities, and derivative products as related to corporate actions.

• Intermediate Microsoft Office skills.

• Strong analytical skills with high attention to detail and accuracy. Excellent verbal, written, and interpersonal communication skills.

• Effective organizational, multi-tasking, and prioritizing skills. Ability to work in a fast-paced deadline driven environment.

• Knowledge and understanding of Broadridge applications, preferred to have knowledge with BANCS (corporate actions processing platform).

• Experience with a customer service mindset and a focus on continuous improvement

• Knowledge of DTCC for allocations and elections

• Knowledge of non-US depositories (e.g. Euroclear; Clearstream)

• Experience working with custodians, depositories, agents, and external brokers to ensure timely and accurate processing of events to client accounts and to appropriately manage risk.

Job Expectations:

• Registration for FINRA Series 99 or Series 7 must be completed within 120 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.

• For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite may also be required

• This position offers a hybrid work schedule (minimum 3 days per week onsite) in the preferred location listed below.

• Relocation assistance is not available for this position.

• Visa Sponsorship not available for this position

Preferred Locations:

• 1525 W W.T. Harris Blvd - Charlotte, NC

Posting End Date:

• 03 June 2024

Corporate & Investment Banking ("CIB") delivers a comprehensive suite of capital markets, banking, and financial products and services. As a trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe.

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 unit's risk appetite and all risk and compliance program requirements.

This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Posting End Date:

3 Jun 2024

*Job posting may come down early due to volume of applicants.

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 unit's 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, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Company: WELLS FARGO BANK

Req Number: R-367032

Updated: Mon Jun 03 01:45:50 UTC 2024

Location: CHARLOTTE,North Carolina