Senior Institutional Investment Operations Specialist - Tax Operations

About this role:
Wells Fargo is seeking a Senior Institutional Investment Operations Specialist within our Securities Tax Operations team as a part of Corporate Investment Banking Operations. Learn more about the career areas and business divisions at wellsfargojobs.com .
This resource will help the team handle the changing regulatory environment and the complexities on capital market products within the Internal Revenue Service ("IRS") Chapter 3, Chapter 4 and Chapter 61 reporting and withholding regimes along with applicable state and international tax regulations.
In this role, you will:

• Handling tax documentation, withholding and reporting inquiries raised by business partners
• Daily TEFRA, NRA and FATCA withholding reconciliation and remittance
• Reconcile withholding and reporting files to ensure correct withholding is applied
• Research and resolve reporting and withholding exceptions, including Cost Basis record management
• Perform 1099 and 1042-S reporting tasks such as Quality Control review of tax reporting forms, assist with trial runs and processing of tax reporting adjustments
• Support international tax obligations by processing foreign withholding taxes, financial transaction taxes, capital gains taxes and any associated reporting
• Driving procedural changes and automated solutions to enhance operational efficiency and data integrity
• Providing leadership on issues raised by the areas we support while communicating ways to improve data quality and client service
• Partnering with upstream processing teams such as corporate actions and middle office to ensure straight through tax processing and mitigate operational risk

Required Qualifications, US:

• 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:

• Experience within the Capital Markets Industry, and Tax Operations
• Knowledge and understanding of technical IRS tax withholding and reporting compliance (1099 INT, 1099 MISC, 1099-B, 1042-S, IMY Reporting to Beneficiary Owners) or foreign tax obligations (withholding tax reclaims, financial transaction taxes)
• Experience or basic understanding of IRS Forms W-9s and W-8s (exemption codes, country treaty rates and IMY withholding statements)
• Extensive knowledge and understanding of loan, securities, and derivative products
• Knowledge and understanding of Prime Brokerage, equity, and fixed income trading
  Intermediate Microsoft Office skills and data analytics tools
• Strong analytical skills with high attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills
• Effective organizational, multi-tasking, and prioritizing skills
• Strong project management skills including the ability to handle multiple projects concurrently
• Ability to work in a fast-paced deadline driven environment

Job Expectations:

• Ability to work a hybrid schedule
• Willingness to work on-site at stated location on the job opening
• This position is not eligible for Visa sponsorship

Posting Location:

• 550 S Tryon St, Charlotte, NC 28202

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.
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.
Posting End Date:
9 Sep 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.