Securities Operations Specialist
About the position
Wells Fargo is seeking a Securities Operations Specialist to join the Collateral Management Team within Wealth & Investment Management. The role will specifically support Credit Monitoring & Reporting, the Priority Credit Line product and the Servicemembers Civil Relief Act. Learn more about our career areas and lines of business at wellsfargojobs.com. The Specialist will analyze margin in brokerage accounts, perform financial calculations on balances in brokerage accounts, review and accurately process high volumes of account opening documentation, and create exception reports and action exceptions which may be time sensitive and require escalation. In this role, you will: Participate in low to moderately complex lifecycle support initiatives and identify opportunity for process improvements within Securities Operations Review 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 deliverables Present 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 requirements Provide information to, collaborate, and consult with peers, colleagues and managers, including internal and external customers, to resolve issues and achieve goals Develop 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 reconciliation Resolve low to moderately complex escalated issues within the scope of responsibility in Security Operations Research low to moderately complex business risks, provide input into policies, enhance customer satisfaction, and review time sensitive documents and transaction requests Exercise independent judgment in understanding trade settlement workflow controls to minimalize the effects of operational breakdowns Support overall effectiveness of the team according to plans; monitor daily securities and cash related production work Contribute 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 risk Support overall effectiveness of the team according to plans; monitor daily securities and cash related production work; help provide coaching and feedback to team members
Responsibilities
• Participate in low to moderately complex lifecycle support initiatives and identify opportunity for process improvements within Securities Operations
• Review 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 deliverables
• Present 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 requirements
• Provide information to, collaborate, and consult with peers, colleagues and managers, including internal and external customers, to resolve issues and achieve goals
• Develop 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 reconciliation
• Resolve low to moderately complex escalated issues within the scope of responsibility in Security Operations
• Research low to moderately complex business risks, provide input into policies, enhance customer satisfaction, and review time sensitive documents and transaction requests
• Exercise independent judgment in understanding trade settlement workflow controls to minimalize the effects of operational breakdowns
• Support overall effectiveness of the team according to plans; monitor daily securities and cash related production work
• Contribute 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 risk
• Support overall effectiveness of the team according to plans; monitor daily securities and cash related production work; help provide coaching and feedback to team members
Requirements
• 2+ years of Securities Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 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
Nice-to-haves
• 2+ years of Brokerage Operations experience
• 2+ years of Collateral Management experience
• Knowledge and understanding of BETA or other financial mainframe systems
• Ability to process moderately complex transactions and perform extensive research to resolve customer issues
• Ability to track and monitor project progress, identify process gaps, and recommend controls
• Ability to serve as a Subject Matter Expert (SME) on sensitive escalated issues
• Experience preparing reporting, metrics and presentation materials for various levels of leadership
• Experience importing, exporting, and manipulating data using Microsoft Excel
• Proficiency with Microsoft Office (Excel, Outlook, PowerPoint, Word) skills
Apply Now
Apply Now
Wells Fargo is seeking a Securities Operations Specialist to join the Collateral Management Team within Wealth & Investment Management. The role will specifically support Credit Monitoring & Reporting, the Priority Credit Line product and the Servicemembers Civil Relief Act. Learn more about our career areas and lines of business at wellsfargojobs.com. The Specialist will analyze margin in brokerage accounts, perform financial calculations on balances in brokerage accounts, review and accurately process high volumes of account opening documentation, and create exception reports and action exceptions which may be time sensitive and require escalation. In this role, you will: Participate in low to moderately complex lifecycle support initiatives and identify opportunity for process improvements within Securities Operations Review 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 deliverables Present 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 requirements Provide information to, collaborate, and consult with peers, colleagues and managers, including internal and external customers, to resolve issues and achieve goals Develop 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 reconciliation Resolve low to moderately complex escalated issues within the scope of responsibility in Security Operations Research low to moderately complex business risks, provide input into policies, enhance customer satisfaction, and review time sensitive documents and transaction requests Exercise independent judgment in understanding trade settlement workflow controls to minimalize the effects of operational breakdowns Support overall effectiveness of the team according to plans; monitor daily securities and cash related production work Contribute 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 risk Support overall effectiveness of the team according to plans; monitor daily securities and cash related production work; help provide coaching and feedback to team members
Responsibilities
• Participate in low to moderately complex lifecycle support initiatives and identify opportunity for process improvements within Securities Operations
• Review 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 deliverables
• Present 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 requirements
• Provide information to, collaborate, and consult with peers, colleagues and managers, including internal and external customers, to resolve issues and achieve goals
• Develop 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 reconciliation
• Resolve low to moderately complex escalated issues within the scope of responsibility in Security Operations
• Research low to moderately complex business risks, provide input into policies, enhance customer satisfaction, and review time sensitive documents and transaction requests
• Exercise independent judgment in understanding trade settlement workflow controls to minimalize the effects of operational breakdowns
• Support overall effectiveness of the team according to plans; monitor daily securities and cash related production work
• Contribute 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 risk
• Support overall effectiveness of the team according to plans; monitor daily securities and cash related production work; help provide coaching and feedback to team members
Requirements
• 2+ years of Securities Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 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
Nice-to-haves
• 2+ years of Brokerage Operations experience
• 2+ years of Collateral Management experience
• Knowledge and understanding of BETA or other financial mainframe systems
• Ability to process moderately complex transactions and perform extensive research to resolve customer issues
• Ability to track and monitor project progress, identify process gaps, and recommend controls
• Ability to serve as a Subject Matter Expert (SME) on sensitive escalated issues
• Experience preparing reporting, metrics and presentation materials for various levels of leadership
• Experience importing, exporting, and manipulating data using Microsoft Excel
• Proficiency with Microsoft Office (Excel, Outlook, PowerPoint, Word) skills
Apply Now
Apply Now