Jobs

Capital Markets Middle Office Analyst 2

Posted on: December 2, 2020 Apply Now
Charlotte, NC Full-Time Banking / Financial / InsuranceExpires March 2, 2021

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when 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.

This is a Middle Office Operations Analyst 2 role supporting the Credit Contingent Desk (CVA) and Macro Structured Solutions Trading Desk that reside within Wells Fargo Securities. This includes supporting trading and hedging activities that will include bonds, various interest rate swap products, credit default swaps, Eurodollars, FX, commodities transactions and structured link notes. Responsibilities of the team include trade capture, P&L generation and attribution, Volcker Risk-based P&L Attribution review, exception resolution, project management, position and trade maintenance, trial balance substantiation, and regulatory reporting. The candidate will interact closely with multiple business partners including Trading, Sales, Finance, Technology, Documentation, Legal, Payments and Market/Credit Risk. The candidate will also work with external counterparties in confirming and assuring trades settle appropriately. This individual will be responsible for a variety of day to day tasks as well as ad hoc requests and project work.

***Job posting may be removed earlier than stated close date due to volume of applicants.

If you are a Wells Fargo Team Member, in your Jobs Profile ensure that your email address is valid and updated to an address that can receive external emails outside of the banking network. Initial contact with you will be made via e-mail. Please check your e-mail regularly for updates. If you plan to be away from the office, update your contact information to include your personal email to ensure you do not miss communication through the selection process.

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.

Required Qualifications

  • 3+ years of capital markets industry experience; or 3+ years of military experience; or a Master of Business Administration (MBA)

  • A BS/BA degree or higher

Desired Qualifications

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

  • Basic Microsoft Office skills

  • Excellent verbal, written, and interpersonal communication skills

  • Effective organizational, multi tasking, and prioritizing skills

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

  • SQL experience

  • Intermediate Microsoft Excel skills

  • Basic Microsoft Access skills

  • Strong attention to detail and accuracy skills

  • Knowledge and understanding of Broadridge application

  • Calypso technology experience

  • Knowledge and understanding of Dodd Frank

Other Desired Qualifications

  • Experience using Visual Basic for Applications (VBA) Microsoft program

  • Ability to respond to AD HOC requests in a timely manner

  • Ability to work in a consistently changing environment

  • Experience with trading application: Bloomberg

  • Knowledge and understanding of how capital markets work within a trading environment

  • 3+ years’ experience in a middle office support role and/or equivalent experience in supporting a derivative desk

  • Profit and loss attribution (Greek based PL) experience

  • Knowledge and understanding of derivative pricing

  • Operational experience pertaining to capital market transactions

  • Knowledge and understanding of either CVA , DVA, FVA, RWA, ImVA, Basel II and Basel III

  • Graduate work and/or other professional designations (MBA, MS, CFA)

Job Expectations

  • Ability to work additional hours as needed

Street Address

NC-Charlotte: 301 S College St – Charlotte, NC

Disclaimer

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.

Company: Wells Fargo

Req Number: 5553076

Updated: 2020-12-05 21:00:47.178 UTC

Location: Charlotte,North Carolina

Apply Now