About this role:

Wells Fargo is seeking an Institutional Investment Operations Specialist within our Client Data and Onboarding Facilitation team as a part of Corporate Investment Banking Operations. Learn more about the career areas and business divisions at wellsfargojobs.com.

The Client Facilitation team will liaise with external and internal customers to comply with all operational, compliance, regulatory and internal policies as part of the client onboarding process. This role is responsible for initiating and managing the client onboarding process, ensuring compliance with internal policies and external regulations (FATCA, Dodd-Frank, EMIR, OFAC, Patriot Act, SEC, CFTC, FINRA). This function will be responsible for shaping the vision for the future state process and technology requirements.

In this role, you will:

Deliver high standards of client service while ensuring all internal risk and external compliance standards and requirements are fully met

Gather evidence of customer profile via documentary or non-documentary means utilizing both in-house and external sources

Initiate client onboarding processes by entering data into client onboarding system and sharing documents with internal teams such as Regulatory Due Diligence, Client Due Diligence, Client Maintenance, Legal and Compliance

Track progress and provide status of onboarding requests to the request initiator

Understand, follow, and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the product/business supported

Maintain all WF internal control standards, implement new controls and address any internal or external audit points raised

Understand operations risk scenarios associated with the role and adhere to all policies

Provide leadership to bring groups together to resolve multi-faceted complex issues

Serve as a leader on projects along with internal and industry related initiatives

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:

Solid understanding of regulatory implications for FATCA, Dodd Frank, EMIR, OFAC, Patriot Act, SEC, CFTC and FINRA regulations

Knowledge and understanding of regulatory compliance requirements surrounding broker dealer roles and FINRA Rules

Relevant experience within a Compliance, AML/KYC or Operational risk team is preferred

Understanding of BSA/AML/OFAC laws and regulations

Experience compiling metrics, customer profiles and maintaining SLA’s preferred

Working knowledge of Broadridge, Calypso, GMI, COBAM, CID, and Loan IQ or similar 3rd party vendors a plus

Advanced Microsoft Office skills

Excellent verbal, written, and interpersonal communication skills

Strong analytical skills with high attention to detail and accuracy

Ability to articulate complex concepts in a clear manner

Experience participating in multiple concurrent projects or large-scale individual projects

Ability to work in a fast-paced deadline driven environment

Well-organized with the ability to prioritize within a multi-project environment and proactively meet established deadlines

Ability to effectively capture system and process issues and communicate them as to address items in a prioritized manner for better resolution

Job Expectations:

Ability to work a hybrid schedule

Willingness to work on-site at stated location on the job opening

Ability to work additional hours as needed

This position is not eligible for Visa sponsorship

Posting Location:

550 S Tryon St, Charlotte, NC 28202

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.

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.

Posting End Date: 

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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.