About this role:
Wells Fargo is seeking a Capital Markets Middle Office Associate to join the Equity Finance/Structured Product Middle Office team within the Corporate & Investment Banking Operations group, part of the greater Wholesale Operations business. Learn more about the career areas and business divisions at wellsfargojobs.com.
The Equity Finance/Structured Product Middle Office is primarily responsible for the daily support of the equity swap and structured derivative trading desks.
In this role, you will:
- Monitor trading activity, facilitate life-cycle event updates, resolving amendment issues and inter-system breaks
- Process corporate actions
- Analysis of Flash P&L, daily settlement inquiries, validation and dispute analysis in support of various stakeholders, in addition to other functions
- Partner closely with, and navigate various functions including Trading, Sales, Finance, Compliance and Risk Management
- Review and identify breaks/discrepancies and explain to the trading desk as part of the daily control process
- Deliver on ad hoc requests while maintaining strong quality of work for the Equity Finance Desk
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- 6+ months of Capital Markets industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Experience in Derivatives Operations, Middle Office and Capital Markets
- 1+ years of experience supporting Trading systems, Applications or Platforms
- Knowledge and experience with Derivative Trade Capture, Analysis and Operational Support
- Experience with Daily Listed and OTC (Over The Counter) Derivative Reconciliations
- Understanding of the front to back controls of Traded Products and Derivative Products
- Accounting experience
- Basic Microsoft Office Skills
- Strong attention to detail and accuracy skills
- Excellent verbal, written, and interpersonal communication skills
- Ability to work in a fast-paced deadline driven environment
- Ability to work a hybrid schedule (minimum 3 days per week onsite)
- Willingness to work on-site at stated location on the job opening
- Relocation assistance is not available for this position
- This position is not eligible for Visa sponsorship
- 500 W 33rd St - New York, NY 10001
- 27.74 - 49.38 USD Hourly
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.
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.
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$27.74 - $49.38
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
8 Jan 2025
* Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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.
Candidates applying to job openings posted in US: 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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.