Senior Institutional Investment Operations Specialist - Cash Management Team

About this role:

Wells Fargo is seeking a Senior Institutional Investment Operations Specialist to join the Cash Management team. The Cash Management team sits within Funding Operations and is primarily responsible for:

• Executing client and inter-company cash transfers and bookkeeping entries.

• Collaborating with FCL and other internal business partners to onboard new business as needed.

The Funding Operations team sits within WFS Broker Dealer Operations and primarily supports the Funding Capital Liquidity team (FCL), Futures Commission Merchant (FCM), as well as custody customers of WFS.

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.

Learn more about the career areas and business divisions at wellsfargojobs.com.

In this role, you will:

• Perform user acceptance testing for system enhancements.
• Ensure daily cash and collateral margin settlements are approved and processed in a timely manner.
• Responsible for documenting and maintaining standard operating procedures.
• Funding internal and external bank accounts across multiple currencies and Agent banks.
• Processing customer and firm Fedwire and SWIFT wire transfers and check disbursements.
• Researching and reconciling daily position and cash breaks.
• Liaising with various support groups and trading desks to escalate and resolve issues in a timely fashion.
• Participating in individual and group projects to drive process improvement and support business initiatives.
• Ability to quickly assess the urgency around a problem or situation and escalate if needed.
• Assist in strategic build out of payments infrastructure.

Required Qualifications:

• 4+ 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:

• Solid 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.
• Excellent verbal, written, and interpersonal communication skills.
• Experience with various securities platforms including Broadridge (Impact/Gloss/BPS).
• FINRA registration including Series 7 or 99.
• 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.
• Solid problem solving skills.
• Strong analytical skills with high attention to detail and accuracy.
• Intermediate Microsoft Office skills.
• Ability to work in a fast-paced deadline driven environment.

Job Expectations:

• Ability to work additional hours as needed.
• Ability to work outside of regular business hours.
• Work at the posted location below on a hybrid schedule of three (3) days in office and two (2) days from home.
• Office location: 1525 W W T Harris Blvd, CHARLOTTE, NC 28262.

Posting End Date: 

3 May 2025

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

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 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.

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.