Senior Institutional Investment Operations Specialist - DTC Settlements

Senior Institutional Investment Operations Specialist

Wells Fargo is seeking a Senior Institutional Investment Operations Specialist within the DTC Settlement Operations team as a part of Corporate Investment Banking Operations. In this role, you will :

• Serve as a key point of contact for issues and current status for the DTC Settlements Manager, and lead day-to-day operational activities
• Assist with daily DTC settlement and fail control processing across domestic markets for all DTC-eligible product types
• Provide leadership to resolve complex, multi-faceted issues across teams
• Monitor internal and external systems related to trade settlements, focusing on trade clearance and operational risk
• Act as a liaison between settlements and internal / external stakeholders (e.g., Middle Office, Sales, Securities Finance, Compliance, Repo / Funding Desk, counterparty back offices, vendors)
• Maintain a high level of service and collaboration between settlements and supported functional areas
• Lead projects and industry-related initiatives, ensuring timely delivery of assigned responsibilities
• Monitor and act on regulatory buy-in processes (e.g., Rule 204, Reg T, MSRB)
• Leverage buy-in processes to reduce fail obligations and firm risk (seg deficits)
• Monitor CNS obligations and liabilities and liaise with Securities Lending to remediate short positions and fails to receive
• Manage buy-in notices via Smart / TRACK and liaise with counterparties to resolve open obligations
• Provide coverage for international buy-in obligations
• Maintain firm policies and procedures related to street buy-in practices

Required Qualifications :

Desired Qualifications :

Job Expectations :

Posting Location :

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.

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.

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 (https : / / www.wellsfargojobs.com / en / diversity / disability-inclusion / ).

Drug and Alcohol Policy Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https : / / www.wellsfargojobs.com / en / wells-fargo-drug-and-alcohol-policy) to learn more.

Wells Fargo Recruitment and Hiring Requirements :

Req Number : R-499497