Senior Institutional Investment Operations Specialist - Tax Operations

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About this role:

Wells Fargo is seeking a Senior Institutional Investment Operations Specialist to join our Securities Tax Operations team as a part of our Corporate Investment Banking (CIB) Operations Division.

This role will support cost basis, federal tax reporting, and withholding requirements for capital markets products. The position will help the team navigate an evolving regulatory environment and address the complexities of IRS Chapter 3, Chapter 4, and Chapter 61 reporting and withholding regimes, along with applicable state and international tax regulations. Learn more about our career areas and lines of business at wellsfargojobs.com.

In this role, you will:

• Handling tax documentation, withholding and reporting inquiries raised by business partners
• Daily TEFRA, NRA and FATCA withholding reconciliation and remittance
• Reconcile withholding and reporting files to ensure correct withholding is applied
• Research and resolution of reporting and withholding exceptions through the manual payment files
• 1099 and 1042-S reporting tasks such as; QC of form reviews, Assist with trial runs and processing of tax reporting adjustments.
• Identifying and formulating procedural changes which will enhance operational efficiency and data integrity
• Providing leadership on issues raised by the areas we support while communicating ways to improve data quality and client service
• Partnering with upstream processing teams such as corporate actions and middle office to identify the root cause of issues and mitigate operational risk

Required Qualifications:

• 4+ years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Extensive knowledge and understanding of loan, securities, and derivative products
• Intermediate proficiency with Microsoft Office applications
• Analytical skills with a high level of attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills
• Effective organizational, multitasking, and prioritization skills
• Ability to work effectively in a fast-paced, deadline-driven environment
• Knowledge and understanding of technical tax withholding and reporting requirements, including Forms 1099-INT, 1099-MISC, 1099-B, and 1042-S, as well as IMY reporting to beneficial owners
• Knowledge and understanding of equity and fixed-income trading
• Project management skills, including the ability to manage multiple projects concurrently
• Experience with or a basic understanding of IRS Forms W-9 and W-8, including exemption codes, country treaty rates, and IMY withholding statements
• 2 – 4 Years of Tax Operations experience with a basic understanding of Chapter 3 (NRA), Chapter 4 (FATCA), and Chapter 61 (TEFRA) withholding and reporting requirements
• Working knowledge of one or more of the following tax solutions: Broadridge Tax Managed Service, Sovos, Silver Cost Basis, Silver, or IHS Markit IPS/CTI

Primary Posting Location:

• 550 S Tryon St, Charlotte, North Carolina 28202

Job Expectations:

• Ability to work additional hours as needed.
• This position offers a hybrid work schedule at the posted locations listed.
• Relocation assistance is not available for this position.
• Visa Sponsorship is not available for this position.

Posting End Date:

14 Oct 2026

*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.

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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.