CASS Assurance

About this role:

Wells Fargo is seeking a Cass Assurance professional to join our CIB operations team and play a crucial role in providing operational and customer support for institutional trades. Responsibilities include assisting with client account onboarding, cash payments, customer service, funding operations, securities settlement services, and more. If you are a proactive individual who excels at collaborating with peers and resolving issues effectively, this role is for you. Join us and be part of a dynamic team dedicated to achieving goals and delivering exceptional service.

In this role, you will:

• Provide operational and customer support for lifecycle tasks for institutional trades.

• Assist with client account onboarding, input and monitoring of cash payments, customer service, funding operations, custodial operations, securities settlement services, asset servicing structured loan operations, general ledger reconciliation and work to resolve confirmation and ISDA related issues.

• Assist in gathering data to support resolution of issues.

• Receive direction from manager and exercise judgment within defined parameters of the area while developing understanding of various functions, policies and procedures.

• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals.

Required Qualifications:

• Experience in Cass Assurance, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

• Understanding of CASS rules and application/treatment in relation to CASS 1, 3, 7, 9 & 10 rule sets.

• Working knowledge or an understanding of CASS rules and application and impact of Banking Exemption.

• Understanding of Settlement & Corp Action events in relation to MiFID II eligible products and impact on treatment as Client Money events.

• Strong attention to detail and ability to follow through on tasks.

• A proven track record of delivering successfully to demanding deadlines.

• Excellent time management and organisational skills, with ability to prioritise effectively.

• Self-motivated individual who can work as part of a team or on individually on tasks with minimal direction.

• Excellent communication skills, both written and spoken.

• Honesty and integrity in all aspects of their work.

Posting End Date:

7 Nov 2024

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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 US: 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.

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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.

Req Number: R-411200