Loan Closer - Wells Fargo Security Analyst

Job DescriptionImportant Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.Wholesale Banking provides financial solutions to businesses across the United States and globally. Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.Corporate and Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets, and advisory solutions, including a full complement of sales, trading, and research capabilities, to corporate, government, and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.The Trade Closer will be responsible for managing the settlement process of a portfolio of par and distressed trades on credit products such as loans, bonds, reorganized equity, and claims.Effectively manage a portfolio of par and distressed trades on credit products including loans, bonds, reorganized equity and claims

Successfully monitor the flow of trades from trade date to settle date including preparing, reviewing, and confirming required documentation within the guidelines of The Loan Syndications and Trading Association

Work closely with traders, sales, and research to identify and understand the specifics of the loans traded

Confirm desk positions, monitor exposures of counterparty credit limits, and verify KYC/AML/Tax onboarding requirements for all customers

Create and maintain relationships with trading counterparts, external legal counsel, administrative agents, and many Wells Fargo support partners

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.Required Qualifications2+ years of financial services industry experience; or a BS/BA degree or higher

Desired QualificationsIntermediate Microsoft Office skills

Strong technical and analytical skills including financial analysis

Excellent verbal, written, and interpersonal communication skills

Effective organizational, multi tasking, and prioritizing skills

Solid problem solving and decision making skills

Other Desired QualificationsPreference will be given to candidates with strong academics with a bachelor's degree in business management or finance

3+ years loan experience with a background of trade closing, middle or back office support, and with LoanIQ and Clearpar (Markit) knowledge

Candidate needs to possess knowledge of the loan market, specifically the settlement process

Candidate should possess and display strong customer focus and client service skills

Candidate needs to be organized, affable, and able to work in a collegial, team-oriented environment

Candidate must be able to multi-task and handle stressed situations

Candidate needs to be self-motivated and possess exceptional communication skills

Candidate must have knowledge of credit products (loans and securities), closing procedures, and documents

Job ExpectationsRegistration for FINRA Series 7 must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.

Registration for FINRA Series 63 (or 66) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.

Registration for Securities Industry Essentials (SIE) exam must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted

Street AddressNC-Charlotte: 550 S Tryon St - Charlotte, NCDisclaimerAll offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.Relevant military experience is considered for veterans and transitioning service men and women.Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.Company: Wells FargoReq Number: 5557335Updated: 2020-11-25 09:29:36.314 UTCLocation: Charlotte,North Carolina