FX Operations - Senior Capital Markets Middle Office Specialist (SAVP)

WELLS FARGO BANK, NATIONAL ASSOCIATION
About this role:
Foreign Exchange Operations is responsible for managing the end-to-end trade lifecycle of all foreign exchange spot, forward, swap, non-deliverable forward, window forward, option and money market transactions. The team's primary responsibility is to manage the FX transactional flow for the Macro and Multi- Currency Treasury groups. The team supports FX activity originated by Wells Fargo Bank NA, Wells Fargo Bank London, Wells Fargo Securities LLC as well as Wells Fargo Securities International Limited.
In this role, you will:
Required Qualifications:
Desired Qualifications:
Foreign Exchange Operations is responsible for managing the end-to-end trade lifecycle of all foreign exchange spot, forward, swap, non-deliverable forward, window forward, option and money market transactions. The team's primary responsibility is to manage the FX transactional flow for the Macro and Multi- Currency Treasury groups. The team supports FX activity originated by Wells Fargo Bank NA, Wells Fargo Bank London, Wells Fargo Securities LLC as well as Wells Fargo Securities International Limited.
In this role, you will:
- Manage the day-to-day transaction activity originated by sales and trading. Ensure trades are confirmed and settled on a timely basis; raise issues and discrepancies in a timely fashion. Work as part of the 24 x 5 follow the sun model. Be part of the global hand off process from EMEA and Americas shift
- Serve as the FX Operations point of contact for the APAC Sales, Trading and Middle Office and other operational teams. Assist with client queries and issues; coordinating communications between internal/external stakeholders to provide updates or resolve any issues. Internal stakeholders such as trading, sales, technology, middle office and other operations teams. External stakeholders include clients, counterparts, third party vendors and nostro banks.Place FX Operations in strong position to execute and deliver results
- Connect FX Operations to other parts of the organization to ensure no duplicated efforts while ensuring a standard best in class delivery.
- Work with global operations team to process the daily work, such as trade confirmations, discrepancy resolution, operational queue monitoring, handling exception processing and responding to inquiries from trading, sales and the clients.
- Drive a high level of change through transformational leadership by ensuring strong and timely execution.
- Ensure processes and functions are keeping up to date with the growing volume
- Produce and maintain FX Operations Metrics/KRI's/KPI's necessary business for governance (e.g. Cancel/Correct metrics), with a focus on APAC
- Assist in and coordinate any change initiatives impacting the APAC business, and identify and solving inefficiencies leveraging global stakeholders
Required Qualifications:
- 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:
- 4+ years of foreign exchange and payments related experience
- Product/Business Knowledge:Strong product knowledge of FX products: Spot, Forwards, Swaps, NDFs, Options, Window forwards, money market transactions (loans and deposits) Novations, Net Present Values and CLS (matching, in/out swaps, IPIS and RPIS)
- Knowledge of Capital Markets businesses with focus on Foreign Exchange, its products and services, and relevant risks and controls of the business
- Knowledge of end-to-end trade lifecycle of foreign exchange products including trade capture, affirmation, confirmation, settlement, cancels, corrects, amends and post settlement processes
- Understand trade life cycle events from execution to confirmation, settlement and post settlement issues
- Knowledge of confirmation matching and payment processes and platforms such as FXALL, GTSS, Misys, Omgeo Alert, Bloomberg CMS and CLS Browse.
- Knowledge of OPICS will be a plus, but not necessary
- Risk Management: Understand market risk; understand the consequences of trade modification post settlement, be able to discuss risks with sales and trading
Demonstrated capability to confidently raise issues, escalate early, and engage in constructive credible challenge independently - Process Improvement: Experience in process improvement, increasing straight through processing, automation of control processes, ability to influence senior leadership, transformational change with the proven track record of execution.
- Experience working with trading and sales and understanding a complex business with the ability to deliver and execute on innovation, work across the enterprise, understand operations processing, improve client relationships and lead by example
- Ability to identify inefficiencies, opportunities to streamline business processes, and implement change
- Ability to translate complex technical needs into straightforward requests for information and collaboration, working with a wide range of people
- Ability to incorporate multiple data sources and develop strategies/operational processes
JOB SUMMARY
FX Operations - Senior Capital Markets Middle Office Specialist (SAVP)

WELLS FARGO BANK, NATIONAL ASSOCIATION
Singapore
2 hours ago
N/A
Full-time
FX Operations - Senior Capital Markets Middle Office Specialist (SAVP)