Capital Markets Middle Office Associate - Interest Rate Derivatives

About this role:

Wells Fargo is seeking a Capital Markets Middle Office Associate within the Interest Rate Derivatives team as a part of Corporate Investment Banking Operations. Learn more about the career areas and business divisions at wellsfargojobs.com.

The role will focus primarily on trade validation, daily P&L reporting, analysis, and risk oversight across a range of trading products, including derivatives and fixed income securities, contributing to process improvements in a growing and complex business.

In this role, you will:

• Participate in research and resolution of issues including identifying and resolving trade breaks across front‑to‑back processing

• 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

• Support the primary products such as swaps, futures, options, structured products, and fixed income securities

• Contribution in the development of processes and procedures to support a growing business

• Improve the existing infrastructure through system testing and effective project management

• 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

• Provide superior service while responding to inquiries from both internal and external customers as per the standards defined by Wells Fargo

Required Qualifications:

• 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:

• Bachelor’s degree (BS/BA) in Finance, Accounting, Economics, or a related field

• Proficiency in financial analytics, and trading portfolio evaluation

• Familiarity with financial products including swaps, futures, options, structured products, and fixed income securities

• Experience with Calypso or similar front-to-back trading systems preferred

• Strong verbal and written communication skills, with the ability to clearly articulate complex concepts

• Proven ability to analyze issues and opportunities by synthesizing data from multiple sources and developing effective, well-reasoned solutions

• Highly analytical with strong quantitative and numerical skills; proficient in working with spreadsheets, financial data, and business concepts

• Detail-oriented with a high level of accuracy and the ability to derive meaningful insights and conclusions from data

• Ability to contribute to and improve processes, controls, and procedures in a fast-paced, growing business environment

Job Expectations:

• Ability to work a hybrid schedule

• Willingness to work on-site at stated location on the job opening

• Ability to work additional hours as needed

• This position is not eligible for Visa sponsorship

Posting Location:

• 550 S Tryon St, Charlotte, NC 28202

This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

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.

Posting End Date:

*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.