Securities Operations Associate

Securities Operations Associate

Wells Fargo is seeking a Securities Operations Associate. In this role, you will:

• Participate in low complexity lifecycle support tasks and help identify opportunities for process improvements within Securities Operations
• Review basic or tactical issues, policies or procedures for which answers can be quickly obtained, related to low risk tasks and deliverables with narrower impact
• Receive direction from manager and exercise judgment within defined parameters related to resolving situations on a full process within a trade environment, while developing understanding of various functions, policies, and procedures
• Provide information to, collaborate, and consult with peers, colleagues and managers, including internal and external customers, to resolve issues and achieve goals
• Build expertise in operational processes including client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, and general ledger reconciliation
• Assist in gathering data to support resolution of issues; review and analyze functional operational tasks that require research and evaluation
• Resolve low complexity escalated issues within the scope of responsibility in Security Operations
• Research low complexity business risks, provide input into policies, enhance customer satisfaction, and review time sensitive documents and transaction requests
• Support overall effectiveness of the team according to plans; monitor daily securities and cash related production work
• Contribute to implementation of projects, new or revised processes, and procedures that require coordination among operation teams and may perform analysis for initiatives that support business strategies

Required Qualifications:

• 6+ months of Securities Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Job Expectations:

• 6+ Months of Securities Operations experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
• Knowledge of Trade Life Cycle.
• Strong understanding on financial instruments like Cash, bond, and equity & Reconciliation – Brokerage & Trust environment.
• Knowledge on the front to back flow and importance of reconciliation process in the overall flow.
• Experience in performing various reconcilements of inter system.
• Detail oriented, results driven, and can navigate in a quickly changing and high demand environment while balancing multiple priorities.
• Ability to work both independently as well as within a team environment.
• Thorough knowledge on Reconciliation
• Ability to research and report on a variety of issues using problem solving skills
• Open to US shifts

Preferred Skills and Responsibilities:

• Proven Basic or intermediate Microsoft Excel, Word and Power Point skills
• Effective oral and written communication skills.
• Proven understanding of accounting fundamentals relates to subsystem reconciliation.
• Perform a variety of operational tasks for complex securities or process extensive knowledge of systems
• Perform moderately complex duties such as processing, researching inquiries and reconciling transactions
• Perform daily detailed reconciliation for all intersystem breaks
• Investigate and escalate outstanding items as per standard policy and as an exception, timely manner.
• Perform a variety of operational tasks for complex securities or process extensive knowledge of systems
• Perform moderately complex duties such as processing, researching inquiries and reconciling transactions
• Perform daily detailed reconciliation and perform various checks
• Be a checker for day-to-day activities of the maker with clear understanding of risk if those activities are performed incorrectly
• Work closely with Oversight, Technology and Production Support team to resolve the issues/breaks.
• Analyze multiple system source data and provide the EOD report to WIM Operations department internal customer timely manner.
• Address compliance and corporate governance issues for the department
• Monitor and validate daily/monthly reports received and loaded to the system to ensure accuracy in reconcilement and to avoid business impact.
• Analyze multiple system source data and need to carry good understanding on data flow too.
• Provide ideas for improving or implementing processes
• Review time sensitive documents
• Provide training or work directions to less experienced staff
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
• Ability to prioritize work, meet deadlines, achieve goals and work under pressure in a dynamic and complex environment.
• Interact with internal customers