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About this role:

Wells Fargo is seeking a Senior Capital Markets Middle Office Specialist in Collateral Management as a part of Corporate Investment Banking Operations. Learn more about the career areas and business divisions at wellsfargojobs.com.

The Collateral Management department supports the collateralization of the derivative, repurchase agreement (repo), forward, and foreign exchange (FX) businesses of Wells Fargo. This group supports nearly 30,000 clients across all businesses product lines, and multiple legal entities. . WFCM actions approximately 900 margin calls daily and responsible for the settlement and front to back management of the collateral for those clients.

In this role, you will:

+ Lead or participate in moderately complex derivatives products within Capital Markets Middle Office

+ Contribute to large scale planning related to profit and loss generation, attribution and trades

+ Review, analyze and resolve moderately complex trade issues that require in-depth evaluation

+ Resolve moderately complex trade issues

+ Lead team to meet functional area and process deliverables

+ Deliver solid understanding of the function, policies, procedures and compliance requirements

+ Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

+ Lead projects and assist senior managers with industry related initiatives

+ Serve as a mentor for less experienced analysts

+ Compare trade position files from external counter-parties to resolve timely margin call disputes

+ Perform trade decompositions to validate current mark-to-market exposures

+ Review and present collateral margin calls and respond the demands submitted by our counterparties

+ Work with internal departments (various Middle Offices, Documentation, Marketers, Legal) to resolve all discrepancies

+ Produce and distribute ad-hoc reporting requirements to clients

+ Cross-train future staff members to assist and independently perform daily Derivative Collateral Management margin responsibilities

+ Consistently seek opportunities to improve processes, controls and procedures within the Collateral Management team

+ Partner with the project team to develop requirements for system enhancements and assist with user acceptance testing

Required Qualifications:

+ 4+ years of Capital Markets industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

+ 3 + years of applicable Derivative Collateral Management margin experience or like corporate work experience

+ Strong client services skills

+ Understanding of Calypso, Imagine, Opics, Endur, Broadridge and other mainframe trading systems

+ Firm understanding of derivative trading (Interest Rate Swaps, Swaptions, Floors, Caps, Commodities Cross-currency, FX, Equity, Repo, TBA etc.) mechanics and payment reset schedules

+ Knowledge of and possess ability to interpret executed International Swaps and Derivatives Association Master Agreements, Credit Support Annex documents, Master Repurchase Agreement, Global Repurchase Agreement, Master Securities Forward Transaction Agreement and North American Energy Standards Board.

+ Ability to work in a fast-paced deadline driven environment

+ Basic Microsoft Office skills

+ Strong knowledge and understanding of loan, securities, and derivative products

+ Effective organizational, multi-tasking, and prioritizing skills

+ Excellent verbal, written, and interpersonal communication skills

Job Expectations:

+ Ability to work a hybrid schedule

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

+ This position is not eligible for Visa sponsorship

Posting Location:

+ 550 S Tryon St, Charlotte, NC 28202

Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

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:

14 May 2025

_*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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.

**Req Number:** R-441642