FAQs
What is the primary function of the Institutional Investment Operations Associate role?
The primary function of this role is to act as a liaison between Wells Fargo and a third-party vendor to ensure the timely and accurate generation and delivery of customer account trade confirmations and statements, while also supporting various operational and customer service initiatives.
What qualifications are required for the Institutional Investment Operations Associate position?
Candidates are required to have 6+ months of Institutional Investment Operations experience, or equivalent demonstrated through work experience, training, military experience, or education.
What type of experience is preferred for applicants?
Desired qualifications include finance-related experience, data analysis proficiency using tools such as Microsoft Excel, Access, SQL Server, and Oracle, as well as knowledge of regulatory implications related to trade confirmations and statements.
Will there be opportunities for training within this role?
Yes, the role involves facilitating the review of monthly statements with the QA team, which includes training and escalation management.
Is experience with data analysis important for this job?
Yes, experience with data analysis supporting institutional clients is significant, especially in utilizing various methods to automate output and writing complex reporting logic.
What are the expected job expectations for this role?
Expected job expectations include a deep understanding of reference data hierarchy, regulatory knowledge impacting capital markets, the ability to improve quality of delivery, and effective communication skills.
Is prior experience with user acceptance testing required?
Yes, extensive experience with user acceptance testing, regression testing, and production checks is preferred for this position.
What is the work environment like for this position?
The work environment is collaborative and dynamic, focusing on building strong customer relationships while maintaining a strong risk-mitigating and compliance-driven culture.
Are diversity and inclusion valued at Wells Fargo?
Yes, Wells Fargo values diversity, equity, and inclusion and welcomes applications from all qualified candidates, regardless of their background.
What should candidates know about the application process?
Candidates are encouraged to represent their own experiences during the recruiting and hiring process and to adhere to the company's drug-free workplace policy.
When does the job posting close?
The job posting is set to close on February 14, 2025, but it may close earlier due to a high volume of applicants.