About this role:
Wells Fargo is seeking a Senior Securities Operations Specialist as part as brokerage Credit Monitoring and Reporting - Primary Credit Line team within Wealth and Investment Management (WIM) Operations. This team is responsible for executing key processes related to the risk management of WIM's securities-based loan portfolios, such as out of margin monitoring and collateral liquidations.
Additionally, this team is responsible for key non-lending related processes such as monitoring client trading activity for regulatory compliance, monitoring and collecting miscellaneous account debits, and reviewing insufficient funds transactions related to client-initiated banking transactions. Learn more about our career areas and lines of business at wellsfargojobs.com .
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In this role, you will:
- Lead or participate in moderately complex lifecycle initiatives and support tasks and act as a participant in large-scale planning and deliverables; identify opportunity for process improvements within Securities Operations
- Review and analyze moderately complex operational tasks or challenges that require an in-depth evaluation of variable factors
- Independently resolve moderately complex issues on a full process within a trade environment while leveraging solid understanding of the function, policies, procedures, and compliance requirements; may lead team to meet deliverables
- Collaborate and consult with peers, colleagues and mid-level managers to resolve issues and achieve goals; may lead projects, teams or serve as a mentor for lower level staff
- Manage expertise in the following operational processes including client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, and general ledger reconciliation
- Resolve moderately complex escalated issues within the scope of responsibility in Security Operations
- Research moderately complex business risks, influence policies, enhance customer satisfaction, and review time sensitive documents and transaction requests
- Exercise independent judgment in understanding trade settlement workflow controls to minimalize the effects of operational breakdowns
- Contribute to overall effectiveness of the team according to plans; monitor daily securities and cash related production work
- Lead or contribute to implementation of projects and new or revised processes and procedures that require coordination among operation teams and perform analysis for initiatives that support business strategies making decisions on matters with financial impact and risk
- 4+ years of Securities Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 2+ years of experience with broker-dealer securities transactions or comprehensive review
- 2+ years of credit risk mitigation, auditing, and/or quality control experience
- Solid budget and financial management skills, including resource management
- Excellent verbal and written communication skills
- Ability to effectively interact with all levels of the organization
- Ability to meet stringent deadlines
- Strong analytical skills with a high attention to detail and accuracy
- Ability to proactively identify and execute actions to improve business processes
- Ability to develop innovative approaches to complex business issues with the ability to clearly express ideas and concepts to associates and other stakeholders
- Ability to develop and utilize key measurements to provide oversight of effective business process execution
- Ability to assess complex situations and act quickly to resolve
- Successful completion and registration of FINRA Series 99 or equivalents
- Registration for FINRA Series 99 must be completed within 120 days of hire date if it is not available for transfer upon hire
- Obtaining and/or maintaining appropriate Financial Industry Regulatory Authority (FINRA) license(s) is required for ongoing employment in this position
- Saint Louis, Missouri
22 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 .
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.