At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Securities Operations is comprised of more than 5,000 team members in more than 40 offices across North America, Europe, and Asia. We bring together Wells Fargo's market-leading businesses in debt and equity underwriting and distribution, investment research and economic insights, interest rate, commodity and equity risk management, structured lending facilities, securitization, prime finance, and clearing. Our relationship-driven business model is focused on delivering capital markets and advisory solutions to middle market, large corporate, institutional, and public entity clients.
Securities Operations primarily supports the Corporate Investment Bank group Sales and Trading activities. The product areas supported consist of the firm's securities activities (both fixed income and equities), fixed income derivatives, real estate capital markets, credit derivatives, equity derivatives, exchange-traded futures and options and foreign exchange.
The Operations Leadership program is designed for Undergraduate to develop early stage talent for future leadership roles across the Securities Operations team. The program will combine on-the-job experience with formal development actions with a focus on Capital Markets activities. The duration of the program is 13 months. This position will start June 2021.
Assisting with daily responsibilities and operational risk management Participation in testing of system enhancements
Performing research and analysis on General Ledger account balance breaks
Helping team members with day-to-day responsibilities related to trade processing, P&L production and analysis
Supporting daily settlement functions which include payment affirmation, settlement and exception resolution on a daily basis across multiple asset classes
Working with the group to run daily reconciliations, send out management reporting and liaison with other groups to research issues that may come up on a daily basis
Helping to facilitate creation of workflows and flowcharts for defining business processes
Assisting with PowerPoint presentations, Visio diagrams and information gathering
Providing testing and support for multiple downstream groups
This position will work on a rotation across operations teams including:
Broker Dealer Operations
Collateral Management, Confirmations and Derivatives Settlement
Process Review & Enhancement
Product & Strategic Delivery
Team members 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.
Visit www.wellsfargojobs.com/university-programs for more information
Wells Fargo will only consider candidates who are presently authorized to work for any employer in the United States and who will not require work visa sponsorship from Wells Fargo now or in the future in order to retain their authorization to work in the United States.
Other Desired Qualifications
College seniors with a graduation date of December 2020 - Spring 2021
All majors are welcome as well as candidates with prior Operations experience performing analysis and/or former military involvement.
Demonstrated ability to succeed in a fast-paced, high volume environment, maintaining organization, setting priorities and effective time-management skills as well as a desire to interact with multiple levels of leadership.
Impactful involvement through school, volunteerism or activism within the community is also desired
Due to the fast track nature of the program, ideal candidates would be described as a high potential individual that currently demonstrates strong leadership capabilities
Ability to research, compile, and perform basic analysis on operational data
Possesses good troubleshooting and resolution skills
Exceptional reporting and analytical skills and a general understanding of operations policies and procedures
Ability to multi-task on projects
Excellent communication and presentation skills with the ability to articulate ideas and strategies clearly, both verbally and in writing, to all levels
Team building skills and success in a team-oriented environment
Proficiency in handling multiple projects and assignments while maintaining a high level of performance
Proficient in Microsoft Office Word, Excel, and PowerPoint
6+ months of Capital Markets Operations experience
Someone that works well in a team or individual environment
Ability to take direction, but offer constructive input
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women. Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
Internal Number: 5554063-1
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo