Senior Capital Markets Middle Office Specialist

Senior Capital Markets Middle Office Specialist

Wells Fargo is seeking a Senior Capital Markets Middle Office Specialist to support the Structured Products Group (SPG), focusing on the Residential Mortgage-Backed Securities trading platform as a part of Corporate Investment Banking Operations. The candidate will interact closely with multiple business partners including Trading, Sales, Finance, Technology, Compliance, Auditors, MBS Allocations, Business Managers, Project Managers, and our internal TRACE reporting group. The candidate will also work with external counterparties, including government housing agencies (Ginnie Mae, Freddie Mac, and Fannie Mae), in confirming new Issue requests, exchanges, and assuring trades settle appropriately. This individual will be responsible for a variety of day-to-day tasks, as well as ad hoc requests and project work.

In this role, you will :

• Conduct real time P&L for all ABF trading desks
• Monitor various real time risk indicators such as trade & position blotters, 5Y & 10Y duration, trading & position PNL, to ensure trading desk risk is accurate
• Make sure securities are properly built by assembling product build sheets for internal CUSIP setup, deals are properly booked, and coordinates with settlements to ensure each deal settles on day of settlement
• Audit requests from regulators by pulling relevant data or reaching out to technology teams to assist in the gathering of data that is then passed along to upper management for review
• Lead and implement complex initiatives of profit and loss generation and attribution
• Participate in cross functional planning Capital Markets Middle Office
• Review and analyze complex products that require in-depth evaluation of multiple factors including intangibles or unprecedented factors
• Review, research, and resolve trade issues
• Facilitate resolutions for complex trade related issues
• Collaborate and consult with peers, colleagues, and senior managers to resolve trade issues
• Serve as a subject matter expert and mentor analysts

Required Qualifications :

Desired Qualifications :

Job Expectations :

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.

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.