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Interest Rate Derivatives Middle Office

wellsfargo Wells Fargo

Wells Fargo is a diversified community-based financial services company with a vision to satisfy customer’s financial needs and help them succeed financially.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

About this role:

Wells Fargo is seeking a Capital Markets Middle Office Associate…

In this role, you will:

  • Participate in research and resolution of issues including, profit and loss generation, profit and loss attribution and trade capture
  • Identify opportunities to resolve complex confirmation and related trade issues
  • Review tactical business challenges related to complex derivative products
  • Receive direction from manager and exercise independent judgement while developing an understanding of procedures
  • Provide information to managers and the Capital Markets Middle Office
  • The role will focus primarily on daily trading profit/loss reporting, analysis and attribution, risk reporting, curve construction, and regulatory reporting of aforementioned figures. The primary products supported will be swaps, futures, options, structured products, and fixed income securities. The role will require contribution in the development of processes and procedures to support a growing business. The position will be encouraged to improve the existing infrastructure through system testing and effective project management. The role will assist trading with minimizing costs and identifying concerns that can be expected.
  • A successful candidate will need to collaborate with partners that support the business in various capacities including trading, sales, technology, compliance, risk, operations, legal, and audit. The ideal candidate will provide superior service while responding to inquiries from both internal and external customers as per the standards defined by Wells Fargo.

Required Qualifications, US:

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

Desired Qualifications:

  • BS/BA degree
  • Calypso experience
  • Strong candidates will possess superior ability to organize verbal and written communication to clarify purpose and importance, stress major points and follow a logical sequence.
  • Demonstrate aptitude to identify and understand issues, problems, and opportunities; comparing data from different sources to draw conclusions; using effective approaches for choosing a course of action or developing appropriate solutions and taking action that is consistent with available facts, constraints, and probable consequences.
  • Analytical; proficient with numbers, mathematical and business concepts, meticulous regarding all details and capable of developing conclusions from data in spreadsheets or reports.

Job Expectations:

  • FINRA Series 7 must be completed within 120 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.

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.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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 US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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.

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Interest Rate Derivatives Middle Office

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Wells Fargo

Wells Fargo is a diversified community-based financial services company with a vision to satisfy customer’s financial needs and help them succeed financially.

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