Wells Fargo is seeking a Institutional Investment Operations Associate
In this role, you will:
- Monitoring real-time trade activity, exceptions, and cancels/corrects for trading desks. Example: Blotter checks, T0 queue monitoring and real time resolution, Markitwire trade affirmation & dispute resolution & FINRA TRACE monitoring.
- Performing key trade life cycle functions such as Trade affirmations, allocations & Trade validation, producing key metrics & varied reporting.
- Resolution of trade fails and management of RTTM (Real time trade matching) trade exceptions
- Investigation & resolution of trade & position exceptions from FOBO(Front office to Back office) reconciliations, Internal & external reconciliations for OTC & Listed Derivative asset class
- Perform daily Profit and Loss reporting, attribution reporting, analysis of Pnl breaks between systems
- Perform daily reconciliation of Profit and Loss with finance and system of record
- Extensive knowledge and understanding of derivative products, particularly on Fixed income and Mortgage Securities.
- Ability to work in a fast-paced deadline driven workplace
- Effective organizational, multi-tasking, and prioritizing skills
- Identify and recommend opportunities for process improvement and risk control development
- Collaborate with all business partners and various departments, create efficiencies and mitigate risk for team and organization
- Interpret and develop policies and procedures for functions with low to moderate complexity
- Demonstrates a high degree of reliability, integrity, and trustworthiness in all areas, foster teamwork
Required Qualifications:
- 6+ months of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Extensive knowledge and understanding of Fixed income, Mortgage Securities, and derivative products
- The ide