Institutional Investment Operations Manager - FX Operations

Institutional Investment Operations Manager

Wells Fargo is seeking an Institutional Investment Operations Manager within the Foreign Exchange Operations team as a part of Corporate Investment Banking Operations. This resource will collaborate with the FX Business and Operations Leadership to develop, manage, and lead a Foreign Exchange Operations team supporting the FX trading and Sales. This leader will be responsible for managing a team, enhancing straight-through processing, creating capacity through workflow enhancements, and effectively mitigating operational risk.

In this role, you will:

• Manage a best-in-class operations support team that will help the FX Business growth objectives, ensuring a client experience that surpasses expectations
• Manage operational risk and ensure that processes, procedures, and controls are well defined and adhered to leading to a well-controlled risk environment
• Review the current team structure and make recommendations as needed to align the structure to meet the needs of business
• Manage a well-motivated team that is cross functionally well trained, can provide coverage when others are out and collaborate across internal stakeholders as needed
• Act as the key point of contact for senior leaders in CIB Business, Operations, Operational Risk, Compliance, Legal and Technology with outcomes that:
• Place FX Operations in strong position to execute and deliver results
• Connect FX Operations to other parts of the organization to ensure no duplicated efforts while ensuring a standard best in class delivery
• Manage the day-to-day transaction activity originated by sales and trading
• Ensure trades are confirmed and settled on a timely basis; raise issues and risks as needed
• Driving the team to achieve a high level of change through transformational leadership by ensuring strong and timely execution

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
• 2+ years of Leadership experience

Desired Qualifications:

• 8+ years of Foreign Exchange Operations, Confirmations, Settlements and Payments related experience
• Extensive knowledge of FX products, including Spot, Forwards, Swaps, NDFs, Options, Window Forwards, Novations, and Net Present Value calculations, as well as CLS processes (matching, in/out swaps, IPIS, RPIS)
• Proficient in confirmation matching and payment workflows using platforms such as FXALL, GTSS, Misys, Omgeo Alert, Bloomberg CMS, CLS Browse, and ALERT SSI
• Deep understanding of the end-to-end FX trade lifecycle, covering trade capture, affirmation, confirmation, bilateral and net settlements, CLS processing, and post-settlement activities (cancels, corrections, amendments)
• Strong grasp of Capital Markets operations with a focus on Foreign Exchange products, associated risks, and control frameworks
• Familiarity with diverse client segments: corporate, institutional, and interbank and their unique confirmation and settlement preferences
• Strong understanding of market risk, post-settlement trade impacts, and risks of unconfirmed trades; able to communicate effectively with sales and trading
• Ability to confidently raise issues, escalate early, and engage in constructive credible challenge independently
• Extensive experience in process improvement, automation, and transformational change; skilled at identifying inefficiencies and implementing STP solutions to create capacity
• Ability to translate complex technical requirements into clear, actionable requests and collaborate across diverse teams
• Expertise in leveraging multiple data sources to develop strategies and optimize operational processes
• Demonstrated leadership in motivating and directing geographically dispersed teams, driving strategic initiatives, and fostering enterprise-wide collaboration
• Deep technical understanding of business operations, products, and risk points, with a focus on improving client relationships through innovation

Job Expectations:

• Willingness to work on-site at stated location on the job opening
• Ability to successfully operate within a hybrid work model
• Ability to work additional hours as needed
• This position is not eligible for Visa sponsorship

Posting Location:

1525 W W.T Harris Blvd, Charlotte, NC 28262

Pay Range: $100,000.00 - $163,000.00

Benefits: Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

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.