About this role:
Wells Fargo is seeking a Senior Capital Markets Middle Office Specialist within the FCM Cash and Collateral team as a part of Corporate Investment Banking Operations. Learn more about the career areas and business divisions at wellsfargojobs.com.
In this role, you will:
Manage daily cash and collateral activities for the Futures Commission Merchant (FCM) business across Futures, Options, and Cleared Swaps, including monitoring cash positions, bank activity, FX settlements, funding requirements, and liquidity needs
Oversee high-value cash and collateral movements, ensuring timely and accurate processing of funding, securities transfers, and settlement activity
Manage collateral requirements across cleared derivatives products and tri-party arrangements, including variation margin, initial margin, and independent amount processes
Investigate and resolve reconciliation breaks, funding discrepancies, settlement exceptions, and other operational issues
Prepare exchange reports and other operational, funding, and collateral reporting for business partners, stakeholders, and leadership
Manage CCP and clearing-related change initiatives that impact the FCM Cash and Collateral Management team
Support audits, regulatory reviews, and compliance activities, ensuring adherence to internal controls and policies
Contribute to strategic initiatives focused on strengthening cash management, collateral operations, liquidity management, and overall operational performance
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:
Strong knowledge of Capital Markets, Middle Office Operations, Funding, Cash Management, and Collateral Management
Experience supporting Futures, OTC Derivatives, and other capital markets products, with an understanding of the associated trade lifecycle and operational processes
Experience managing complex cash and collateral functions, including liquidity forecasting, cash flow analysis, funding, margin, and collateral management activities
Knowledge of industry regulations and reporting requirements, including CFTC, CME, client protection rules, and SWIFT standards
Proficiency with GMI; experience with Broadridge and cash/collateral management platforms is preferred
Advanced analytical, problem-solving, and organizational skills, with strong attention to detail and accuracy
Advanced Microsoft Excel and MS Office skills, including financial analysis, reporting, and modeling capabilities
Excellent verbal, written, and interpersonal communication skills, with the ability to effectively present information to stakeholders at all levels
Ability to manage multiple priorities in a fast-paced environment while adapting quickly to evolving systems, processes, and regulatory requirements
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.
Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.
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:
15 Sep 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.
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.
