Securities Admin Services Analyst 2
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume prior to submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell" or "Cellular" in the contact information of your application.
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.
Wholesale Banking provides financial solutions to businesses across the United States and globally. Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital.We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.
Wells Fargo Commercial Capital (WFCC) combines Wholesale's secured lending businesses including Commercial Distribution Finance (CDF), Corporate Trust Services (CTS), Wells Fargo Capital Finance (WFCF) and Wells Fargo Equipment Finance (WFEF). This consolidated group of businesses helps customers leverage their company's assets into flexible financing solutions. WFCC is a leading contributor to Wholesales revenue, assets, and net income.
This position is within Corporate Trust Services (CTS).
Wells Fargo Corporate Trust Services offers a variety of fiduciary and agency services in connection with debt securities issued by public and private corporations, government entities, and the banking and securities industries, including mortgage-backed, asset-backed, CDO, municipal, and corporate/high yield and litigation settlement administration. This position resides in ABS and will be assigned to the Structured Product Services Group within Wells Fargo Corporate Trust. The Asset-Backed Securities division, with expertise in longevity transactions, backup and successor servicing, unusual asset types, and customer service, leads the industry in privately placed transactions.
This position works closely with relationship/account managers in managing and administering a portfolio of accounts. Assists relationship/account managers in proactively handling and resolving customer issues and problems; interfaces with operational areas, internal departments and outside vendors as needed to resolve problems. May perform daily administration of accounts including set-up, processing, maintenance and oversight according to policies, procedures, and regulations. Responsible for processing routine to moderately complex transactions relating to loan or security payments, Delaware Statutory Trusts, and longevity transactions. Duties include: providing remittance and correction information to servicers; monitoring of pooled loans to determine non-compliance, communication of information to investors; evaluate servicer performance to ensure compliance with stated agreements; interacting with other departments as needed. Research and interpret all controlling legal documents as issues arise with payments. Incumbents must maintain a working knowledge of their area of expertise, including Collateral, Securities, Default or Trust Administration.
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.
- 1+ year of experience in one or a combination of the following: financial service, accounting, or analytical analysis; or a BS/BA degree or higher; or 2+ years of military experience
- Corporate trust experience
- Ability to read and interpret legal documents
- A BS/BA degree or higher in business administration, economics, accounting, finance, or other business related field
- Ability to navigate multiple computer systems, applications, and utilize search tools to find information
- Basic Microsoft Office skills, with advanced skills in Excel
- Customer service focus with the ability to actively listen, elicit information, comprehend customer issues/needs, and recommend solutions
- Excellent verbal, written, and interpersonal communication skills
- Strong analytical skills with high attention to detail and accuracy
- Strong math skills
Other Desired Qualifications
- Ability to work successfully with all members of a client team
- Experience making payments via wire and/or check
The salary range displayed below is based on a Full-time 40 hour a week schedule.
DE-Wilmington: Min: $39,000 Mid: $53,400
DE-Wilmington: 919 N Market Street - Wilmington, DE
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.
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