About this role:
Wells Fargo is seeking a Securities Operations Specialist as part of the National Wire Administration team within Wealth and Investment Management Operations. This team is responsible for operations of trust side of money movement and entails executing client-directed wire transfers. Learn more about our career areas and lines of business at wellsfargojobs.com.
In this role, you will:
Participate in low to moderately complex lifecycle support initiatives and identify opportunity for process improvements within Securities OperationsReview and analyze basic or tactical functional operational tasks or challenges that require research, evaluation, and selection of alternatives; exercise independent judgment related to low-to-medium risk deliverablesPresent recommendations for resolving low to moderately complex situations related to a full process within a trade environment while developing understanding of function, policies, procedures, and compliance requirementsProvide information to, collaborate, and consult with peers, colleagues and managers, including internal and external customers, to resolve issues and achieve goalsDevelop expertise in the following operational processes including client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, and general ledger reconciliationResolve low to moderately complex escalated issues within the scope of responsibility in Security OperationsResearch low to moderately complex business risks, provide input into policies, enhance customer satisfaction, and review time sensitive documents and transaction requestsExercise independent judgment in understanding trade settlement and payment workflow controls to minimalize the effects of operational breakdownsSupport overall effectiveness of the team according to plans; monitor daily securities and cash related production workContribute and may lead implementation of projects, new or revised processes, and procedures that require coordination among operation teams and perform analysis for initiatives that support business strategies making decisions on matters with financial impact and riskPerform low to moderately complex data analysis to support and drive strategic initiatives and business needsDevelop an understanding of technical systems and business processes to extract data driven insights while identifying opportunities for engineering enhancementsPerform analysis of findings and trends using statistical and/or financial analysis, modeling, process documentation, profitability analysis, customer/demographic analysis, etc.Develop customized reports and ad hoc analyses to make recommendations and provide guidance and mentorship to less experienced staffAssist in implementing Data Quality Controls across dimensions (Accuracy, Completeness etc.)
Required Qualifications:
2+ years of Securities Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
2+ years of Wealth and Investment Management experience1+ year of Operational Risk, Change Management and/or Quality Assurance experienceExperience with RCSA process for implementing and managing system data expected output controlsAbility to prioritize and manage multiple projects simultaneouslyExperience in gathering, analyzing and interpreting large datasets and aptitude for synthesizing data to 'form a story'Ability to identify in efficiencies and opportunities to improve the processExcellent communication skills and ability to convey complex topics in an easy to understand mannerWork closely with stakeholders to gather feedback and iterate on reporting solutions for continuous improvementExcellent verbal, written, and interpersonal communication skillsAdvanced Microsoft Office skills
Job Expectations:
Ability to work a hybrid scheduleWillingness to work on-site at stated location on the job openingThis position is not eligible for Visa sponsorship
Posting Location:
Minneapolis, Minnesota
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$26.59 - $47.26
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
Health benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursement
Posting End Date:
18 Feb 2025
*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.
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.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.