Capital Markets Operations Analyst

Recruiter
Wells Fargo
Location
London, United Kingdom
Salary
Competitive
Posted
06 May 2022
Closes
18 May 2022
Ref
14787293
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
About this role:

The Client Onboarding Facilitation team will liaise with external and internal customers in order to comply with all Operational, Compliance, Regulatory and internal policies as part of the onboarding process. This role is to provide the business with a central point of contact and liaise with On-boarding teams in other regions in order to provide transparency and efficiency. The target is to have a centralized team with regional representation in order to support growing business in London and Asia.

The primary supporting line with be the Rates and FX Businesses. The COB Facilitator will report locally into a London but also have a matrix reporting line into the Charlotte Team. The Facilitator role will be an SME within the various lines of business we support in London.

In this role, you will:
  • The COB Facilitator will be responsible for delivering high standards of client service while at the same time ensuring that all internal (Risk) and external (Compliance) standards and requirements are met. The Facilitator will gather evidence of customer profile via documentary or non-documentary means utilizing both in-house and external sources. They will initiate the Client Onboarding process for both new Legal Relationships and Funds of existing customers by entering data into the client onboarding system and share documents with internal teams such as the Documentation, AML and Credit teams. The facilitator will track progress and provide status of onboarding request to the request initiator.
  • 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.
  • Develop and enhance client relationships, at multiple levels, by providing exceptional levels of client service.
  • Expertly navigate the Wells Fargo organization, across divisions, to deliver timely and accurate issue resolution to complex, business critical issues which may include communication with senior stakeholders within Ops and the BU.
  • Partner with Daily Processing teams to identify key Ops issues, trends and efficiency opportunities that can be addressed with clients with the goal of enhancing STP.
  • Keep abreast of current and upcoming product and functional specific industry initiative related topics.
  • Reviewing completeness of legal documentation and requirements and approving customers to trade regulated products
Required Qualifications:
  • Experience in Institutional Investment Operations, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Heavy Risk and Control Focus
The COB Facilitator must understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the product/business supported. Maintain all WF internal control standards, implement new controls and address any internal or external audit points raised. The COB Facilitator should be aware of the Operational Risk scenarios associated with the role and adhere to all policies. The applicant must have an appreciation for, and understanding of, the regulatory implications of FATCA, Dodd Frank, EMIR, MiFIR, OFAC, Patriot Act and FINRA regulations.

Skills & Requirements
Experience working within Client Onboarding, preferable as a Facilitator within the Rates & FX LOB.
  • Experience understanding legal documents required for onboarding clients.
  • Experience in client integration and management
  • Technical understanding of transaction lifecycle in FX and Rates (Additional asset classes is a plus)
  • Experience of financial institution experience.
  • Proven experience with external Institutional Client communications and interaction.
  • Relevant experience within Client Onboarding for financial company.
  • Relevant experience within a Compliance, AML/KYC or Operational risk team is preferred.
  • Experience working in a demanding fast- paced financial institution, strong interpersonal skills and the ability to build and maintain strong relationships.
  • They must have excellent written/verbal communication skills.
  • Proven ability to work across global departments to build credibility and strong relationships.
  • Experience compiling metrics, customer profiles and maintaining SLA's preferred.
  • Strong listening and verbal/written communications
  • Strong presentation skills
  • Involvement in Industry initiatives via working groups, advisory groups or panel discussions.
  • Educated to an A-level or Degree standard.
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.

Similar jobs

Similar jobs

  • You need to sign in to save