About this role:
Wells Fargo is seeking a Senior Capital Markets Transaction Reporting Specialist. The role will primarily be responsible for the accurate and timely submissions of our regional transaction reporting obligations to the respective competent authorities, however the role will also include support of change management projects and processes as a result of the ever-changing regulatory landscape. This role is appropriate for an experienced regulatory reporting SME. Note that this is a 6-month contract position.
In this role, you will:
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Monitoring and when needed perform the daily exceptions management process in a timely and accurate manner to meet Wells Fargo’s reporting obligations.
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Further enhance the control framework around transaction reporting processes
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Maintenance and enhancement of governance documents (eg. Process flows and procedures)
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Provide analytical support to regulatory change projects.
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Act as the link between business requirements and technology solutions.
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Co-ordinate testing support to regulatory change projects with local SMEs.
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Work with Traders and Salespeople to work through potential trade issues and violations.
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Work with Compliance and Legal team partners on rule interpretations for regulatory change.
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Delivery timely and accurate MI to Operations & Compliance management.
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Issue Management and write ups.
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Liaise with senior regional stakeholders through Senior Stakeholder meetings.
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Present in Senior Stakeholder meetings, Forums or Steer Co’s.
Required Qualifications:
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4+ years of Capital Markets industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
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The successful candidate will be self-motivated and have excellent experience in transaction reporting operations, covering MAS and HKMA, and be able to demonstrate a working knowledge of both the regulations and reporting methodologies.
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Knowledge of transaction reporting operations including MAS and HKMA requirements.
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Ability to understand and translate regulatory rule changes and map to requirements.
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Working product knowledge in OTC Derivatives/Fixed Income and Equities spaces.
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Experience of working with project stakeholders to deliver change. Proven track record of process improvements and project delivery.
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Solid communication and organisational skills – to work with local and remote Operations, Technology and Compliance stakeholders.
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Proficient with Microsoft Excel (VBA preferred).
Posting End Date:
20 Apr 2025
*Job posting may come down early due to volume of applicants.
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, status as a protected veteran, or any other legally protected characteristic.
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.
