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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 team work
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:
University degree/Post graduation in Business/Accounts/Economics/Stats.
2+ 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
Wells Fargo Recruitment and Hiring Requirements:
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
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