At a Glance
- Tasks: Support trading teams with end-to-end trade processes and ensure operational integrity.
- Company: Join Wells Fargo, a leading financial services company with a strong focus on teamwork.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Dynamic role with global exposure and opportunities to lead initiatives.
- Why this job: Be at the heart of trading operations and make a real impact in a fast-paced environment.
- Qualifications: Strong academic background in finance and experience in FX/Rates Cash Securities required.
The predicted salary is between 60000 - 80000 £ per year.
About this role: Wells Fargo is seeking a Capital Markets Middle Office Specialist to join the London Trade Support team. This team provides cross-asset support across Rates, FX, Credit, Repo, and Treasury, working at the heart of the front-to-back trade lifecycle. This is a high-impact role within a control-focused Middle Office function, partnering closely with Front Office, Finance, Operations, and global teams to ensure accurate trade capture, robust controls, and efficient settlement. The position offers broad exposure across products, stakeholders, and regions, alongside opportunities to contribute to process improvements and strategic initiatives. You will play a key role in maintaining operational integrity, managing risk, and supporting a fast-paced trading environment.
In this role, you will:
- Provide end-to-end trade support for Sales and Trading teams, ensuring all activities are executed in line with established Middle Office procedures.
- Validate and enrich trades on trade date, maintaining a high level of accuracy and attention to detail.
- Perform intra-day risk and P&L reporting, investigating and resolving discrepancies.
- Monitor trading exception reports and proactively resolve breaks and issues.
- Manage and repair trades within systems such as OPICS, ensuring timely resolution.
- Handle trade queries and support front-to-back reconciliations.
- Partner with the Treasury desk to support liquidity management and funding activities.
- Work closely with Settlements/Payments teams to facilitate smooth trade settlement.
- Liaise with Risk and Product Control to resolve reporting discrepancies and ensure alignment across functions.
- Coordinate client derivatives documentation processes.
- Support system upgrades, UAT, and ongoing technology enhancements.
- Contribute to process improvements and strengthen the control framework and governance documentation.
- Act as a key liaison between business stakeholders and technology teams.
- Support global Middle Office teams (including US and APAC) as required.
- Participate in project work and broader strategic initiatives.
Required Qualifications:
- Strong academic background and experience in FX/Rates Cash Securities and OTC Derivatives Middle Office including Treasury functions.
- Excellent Markitwire experience essential, the ability to build a ticket from scratch and enrich where appropriate.
- Analytical with strong verbal and written communication skills.
- Good understanding of trade lifecycle across the Rates and FX (including NFD Fixings).
- Excellent understanding of life cycle knowledge of Cash Securities and OTC products (CDS).
- Good Settlement knowledge across DTC, Fed, E/C and Clearstream.
- Experience with systems such as TOMS/OPICS/CALYPSO/GSF/CATALYST/MARKITWIRE.
- Advanced Excel and VBA experience.
- Confident and able to work under pressure of a trading floor and deliver on strict deadlines.
- Good interpersonal and networking skills to help close out issues.
- Experience of change management.
- High level of attention to detail.
- Ability to operate and enhance the team to work in a highly controlled manner and ensure all processes/procedures are documented.
- Proactive and able to take ownership and lead initiatives/projects to close.
- Team player with good communication skills and demonstrate a high level of transparency towards working as one strong team.
Capital Markets Middle Office Specialist - AVP in London employer: WELLS FARGO BANK
Wells Fargo is an exceptional employer, offering a dynamic work environment in the heart of London’s financial district. With a strong emphasis on employee growth and development, team members benefit from extensive training opportunities and the chance to engage in strategic initiatives that enhance their skills. The collaborative culture fosters innovation and accountability, ensuring that employees are well-supported while contributing to a robust risk management framework.
StudySmarter Expert Advice🤫
We think this is how you could land Capital Markets Middle Office Specialist - AVP in London
✨Tip Number 1
Network like a pro! Reach out to current employees at Wells Fargo or in the Capital Markets space on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of the trade lifecycle, especially in FX and Rates. Be ready to discuss how your experience aligns with the role and how you can contribute to process improvements.
✨Tip Number 3
Showcase your analytical skills! During interviews, share specific examples of how you've resolved discrepancies or improved processes in previous roles. This will highlight your attention to detail and problem-solving abilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're serious about joining the team at Wells Fargo.
We think you need these skills to ace Capital Markets Middle Office Specialist - AVP in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Capital Markets Middle Office Specialist role. Highlight your experience with FX/Rates Cash Securities and OTC Derivatives, as well as any relevant systems like OPICS or Markitwire. We want to see how your skills match what we're looking for!
Show Off Your Skills:In your application, don’t just list your qualifications—show us how you’ve used them! Give examples of how you've managed risk, supported trading teams, or contributed to process improvements. This will help us see your potential impact on our team.
Be Clear and Concise:When writing your cover letter, keep it clear and concise. We appreciate straightforward communication, so get to the point while still showcasing your personality. Let us know why you're excited about this role and how you can contribute!
Apply Through Our Website:We encourage you to apply through our website for the best chance of being noticed. It’s the easiest way for us to track your application and ensure it gets to the right people. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at WELLS FARGO BANK
✨Know Your Trade Lifecycle
Make sure you have a solid understanding of the trade lifecycle, especially in FX and Rates. Brush up on how trades are captured, validated, and settled. Being able to discuss this knowledge confidently will show that you're ready to hit the ground running.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical abilities during the interview. Think of examples where you've resolved discrepancies or improved processes. Highlighting your experience with risk and P&L reporting will also set you apart as a candidate who can thrive in a fast-paced environment.
✨Familiarise Yourself with Key Systems
Get comfortable with systems like OPICS, TOMS, and Markitwire before your interview. If you can talk about your experience using these tools and how you've leveraged them for trade support, it will show that you're technically savvy and ready to contribute from day one.
✨Demonstrate Team Spirit
Wells Fargo values collaboration, so be prepared to discuss how you've worked effectively within teams. Share specific instances where your interpersonal skills helped resolve issues or improve communication across departments. This will highlight your ability to work as part of a cohesive unit.
