Wells Fargo Cash Management Operations Specialist - AVP 

United Kingdom, England, City of London 

684777376

In this role, you will:

• Complete all daily cash nostro real-time monitoring for settlement status & liquidity blockages per documented procedure & task checklists (monitoring inbound & outbound flows).

• Advise MCT desk of total amount of outgoing currency required & therefore the funding position daily.

• Assist MCT in ensuring nostro EOD balances are within agreed thresholds Liaise with relevant Ops teams and MCT in regard to unsettled high value payments.

• Provide any required advance notification for specific settlements above agreed thresholds to MCT desk as per agreed Liquidity management RACIs.

• Monitor account systems and advise MCT desks of any shortfall.

• Execute funding requests from various EMEA Ops teams or MCT desk to move funds across nostros /CSD cash accounts in order to ensure underlying LOB transactions are settled on time.

• Own & complete daily cash forecasting activities for the various businesses.

• Act on requests in regard to flattening any excess funding positions as per MCT requests.

• Execute on various specific Cash management team tasks in regard to the type of business cash being monitored , e.g. for the FX business the team will create & send EOD confirmation if Reg W account need to be funded.

• Provide daily files with T+1 Cash Flow deals to Treasury for the relevant EMEA entities, aligned to agreed thresholds for the various legal entities.

• Complete required team owned MIS, including monthly FX Risk Packs for required ALCO meetings.

• Complete any other recurring or ad-hoc reporting requests as advised by manager or delegate.

• Carry out proactive checks to ensure monitoring systems have updated accordingly.

• Partner with MCT & Network management in regard to creation of new Nostro Accounts request to EFIA tool for the EMEA entities being supported.

• Act as a risk champion, ensure you are meeting all risk expectations of the company including adhering to the Risk management framework, policy & procedures, ensuring emerging & actual risk incidents are flagged to the relevant teams within EMEA Ops & also the BCM group in a timely fashion.

• Support your team in manager in regard to any process or control reviews carried out by any of the reviewing teams including Internal Audit, EBCE , IT&V.

• Drive a culture of continuous process improvement .

• Work with your manager in regard to any change initiatives /projects as requested.

Required Qualifications:

• Ideally experience in a Cash management Operations role in another Financial institution.

• Fast learner, strong communication skills and attention to detail.

• Strong incident escalation capability.

• Strong IT & data collation skills, especially Excel, Word, PowerPoint etc.

• Organized with good time management skills Strong prioritization skills.

• Ability to handle multiple priorities and perform well under pressure.

• Experience of dealing with a variety of internal partners, providing examples of where collaboration assisted with resolving issues.

• Good understanding of International business including Investment banking & also Lending /commercial banking products and payments.

• Ability to work under pressure.

• Able to work in a small team environment and work as a team.

• Self-motivation and flexibility required to recognize the need to step up to assist colleagues and manager when required.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.