Capital Markets Middle Office Specialist

London, ENG, GB, United Kingdom

Job Description

About this role:





Wells Fargo is currently looking for an experienced Capital Markets Middle Office Specialist to join the London Trade Support team. This team, spanning across various asset classes, provides crucial support to the Front Office and other Middle Office personnel, focusing on Rates, FX, Credit, Repo, and Treasury functions.



The role entails close collaboration with the Front Office, Finance, US Documentation, Operations/Settlements teams, ensuring timely booking of all activities, trade enrichment when needed, and preparation for seamless settlement and reporting. Additionally, the position involves active engagement with Sales, Finance, Compliance, Technology, COO Teams, and other Operations and global Middle Office teams on a daily basis.



Operating as a control function, the Middle Office demands meticulous attention to detail from all team members to effectively manage risks and adhere to procedures consistently. Given the function's high sensitivity to Operational Risk and Audit, strict adherence to protocols is paramount.



Additionally, the role will entail engage with Technology and other global Middle Office teams on Front Office initiatives and process enhancements, stepping in to support other Middle Office teams in Hong Kong and the US as necessary.



In this role, you will:

Provide full trade support cover for all traders/sales teams in a controlled manner by following all MO procedures. Have good knowledge on Rates/FX/Credit/Repo and Treasury functions. Have a high level of attention to detail to ensure all trades checked before verified on trade date. Intra-day Risk and P&L reporting, investigation of discrepancies between reported and posted P&L. Monitor of daily trading exception reports. Monitor and resolution of OPICS trades that needs repair. Resolution of trade queries. Assist with front to back reconciliations. Assisting treasury desk in Liquidity Management and Funding. Work closely with Settlements/Payments functions. Liaise with Risk and Product Control Departments to resolve any discrepancies between Middle Office and other reports produced elsewhere Client Derivatives Documentation coordination. Participation in system upgrades / testing. Team player and must show flexibility for working early morning shifts. Ability to work with team members and business partners across the bank. Project work/Ad hoc management requests. Enhancement of the control framework around the daily processes. Maintenance and enhancement of governance documents (e.g. Process flows and procedures). Act as the link between business requirements and technology solutions. Fact finding for any Issue and help escalation to Management. Ensure all Initiatives are captured on the teams BOW and is updates at all times.

Required Qualifications:

Experience in Capital Markets middle office, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education. Candidates must have a 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. They must be analytical with strong verbal and written communication skills. Good understanding of trade lifecycle across the Rates and FX (including NFD Fixings) An excellent understanding of life cycle knowledge of Cash Securities and OTC products (CDS). Good Settlement knowledge across DTC, Fed, E/C and Clearstream. Ability to work across multiple regions. Must have the experience with systems such as TOMS/OPICS/CALYPSO/GSF/CATALYST/MARKITWIRE Must have advance Excel and VBA experience. Confident and the ability 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. The ability to operate and enhance the team to work in a highly controlled manner and ensuring all processes/procedures are documented. Proactive and the ability 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.

Posting End Date:




2 Jul 2025

*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.

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Job Detail

  • Job Id
    JD3268485
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, ENG, GB, United Kingdom
  • Education
    Not mentioned