Capital Markets Middle Office Analyst 3 - Credit Contingent Middle Office

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 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.

Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe.

This is a Middle Office Operations Analyst 3 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, and commodities transactions, and structured 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, Market Risk, CRO’s and DRO’s.  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.

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.

• 4+ years of capital markets industry experience; or 4+ years of military experience

• Extensive knowledge and understanding of loan, securities, and derivative products
• Intermediate Microsoft Office skills
• Strong analytical skills with high attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills
• Effective organizational, multi tasking, and prioritizing skills
• Ability to work in a fast-paced deadline driven environment
• A BS/BA degree or higher
• SQL experience

• The ideal candidate should have a thorough understanding of how capital markets work within a trading environment and have at least 4 years of experience in either a middle office support role and/or equivalent experience in supporting a derivative desk.  
• Ideal candidate should have a strong skill set of profit and loss attribution (Greek based PL), strong understanding of derivative pricing, operational experience pertaining to capital market transactions, a conceptual understanding of either CVA , DVA, FVA, RWA, ImVA, Basel II and Basel III, and Dodd-Frank. 
• Strong proficiency in Microsoft Office applications including Excel, Access, and VBA.  
• Experience with trading applications such as Bloomberg, Calypso, and Broadridge 

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

• 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.

Benefits
 

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.