In this role, you will:
- Be expected to work closely with the Middle Office LoBs in US and broad Operations functions.
- Some of the key functions would be a) Exception management through various reconciliations, b) Queue monitoring, c) performing trade affirmations, allocations & validation, d) producing key metrics & varied reporting.
- shall be able to demonstrate good understanding of financial products and key regulations impacting the financial markets.
Responsibilities to include:
- Support the lifecycle of Institutional trades while managing a larger group or multiple groups covering the following functions; Performing QA (Quality Assurance) of commercial loan products including validating pricing attributes & other key loan parameters..
- Ability to read the language in the agreement and translate that into data as it may be presented in the loan system and Validate it back to agreement.
- Need to understandcommercial/residentialloans product, revolvers or revolving line of credit.
- Validate Loan IQ system and the Loan agreements.
- Ability to work through reconciliations and escalate differences for research and resolution.
- Upload deal docs (loan documents) associated with New Deal onboarding and Modifications to ICMP.
- Ensure that all events are logged into the workflow tool, event status is kept up to date, and any aged deliverables are escalated.
- 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
- Ability to accurately process high volumes of work within established deadlines
- Demonstrates a high degree of reliability, integrity, and trustworthiness in all areas, foster teamwork
Required Qualifications:
- 2+ years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications
- degree/Post graduation in Business/Accounts/Economics/Stats.
- 5 to 10 years of experience in the institutional Investment Banking Operations in Asset backed financing, commercial loans & residential loans
- Functional experience of working in Loan IQ system.
- Working knowledge of the either of functions ex: Middle office Operations, Product control, trade & sales support, trader/sales assistant.
- Good understanding of Middle office controls, daily risk & PnL
- Willing to work in US Shift.
- Ability to work in a fast paced environment and time constraints
- Strong communication skills
Job Expectations:
- Experiences should include familiarity with Investment industry and practices in the Financial Services industry as well as operational delivery experience
- Analytic thinker who likes to solve problems with strong attention to detail
- Analyst should have strong numerical and analytical skills, strong articulation and out of box thinking.
- Good problem solving, analytical and numerical skills
14 Mar 2025
Wells Fargo Recruitment and Hiring Requirements:
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.