Senior Capital Markets Middle Office Specialist - 6 Month Fixed Term Contract.

Wells Fargo & Company; London; On-site; GBP 45,000 - 75,000; Full time

Job summary

An established industry player is seeking a Senior Capital Markets Middle Office Specialist to enhance their London Trade Support team. This role is crucial for supporting Front and Middle Office teams across various asset classes, including FX, Credit, and Treasury. You'll engage in trade enrichment, settlement, and reporting while collaborating with diverse teams to ensure compliance and efficiency. If you're detail-oriented and thrive in a fast-paced environment, this opportunity offers a chance to make a significant impact in a dynamic financial landscape. Join a company committed to diversity and inclusion, where your contributions will be valued.

Qualifications

• Experience in Capital Markets middle office or equivalent.
• Strong knowledge of trade lifecycle in Rates and FX.

Responsibilities

• Support traders and sales teams by following Middle Office procedures.
• Manage intra-day risk and P&L reporting, investigating discrepancies.

Skills

FX/Rates Cash Securities

OTC Derivatives

Treasury

Analytical Skills

Communication Skills

Risk Management

Detail-oriented

Strategic Mindset

Education

Strong Academic Background

Tools

Markitwire

TOMS

OPICS

CALYPSO

GSF

CATALYST

Excel

VBA

Job description

About this role:

Wells Fargo is seeking an experienced Senior Capital Markets Middle Office Specialist to join their London Trade Support team, focusing on Cross Asset classes. The role involves supporting Front Office and Middle Office teams in functions such as rates, FX, Credit, Repo, MCCF, and Treasury.

This position requires close collaboration with Front Office, Finance, US Documentation, and Operations/Settlements teams daily. Responsibilities include timely booking of activities, trade enrichment, settlement, and reporting. The role also involves working with Sales, Compliance, Technology, COO Teams, and global Middle Office teams.

If you excel in detail-oriented and team-based roles, consider this opportunity.

In this role, you will:

• Support traders and sales teams by following Middle Office procedures.
• Demonstrate knowledge of Rates, FX, Credit, Repo, and Treasury functions.
• Ensure trades are checked thoroughly before verification on trade date.
• Manage intra-day risk and P&L reporting, investigating discrepancies.
• Monitor daily trading exception reports.
• Handle OPICS trade repairs and resolve trade queries.
• Assist with reconciliations and liquidity management.
• Coordinate with Settlements/Payments and Risk/Product Control departments.
• Manage Client Derivatives Documentation processes.
• Participate in system upgrades and testing.
• Work flexibly, including early shifts, and collaborate across teams.
• Handle project work and process improvements, maintaining governance documents.
• Act as a liaison between business needs and technology solutions.
• Identify issues, escalate as needed, and ensure initiatives are tracked.

Required Qualifications:

• Strong academic background and experience in FX/Rates Cash Securities, OTC Derivatives, and Treasury, with a focus on Rates.
• Strategic mindset for international projects, collaborating with APAC and Dublin teams.
• Proficiency with Markitwire, able to create and enrich tickets.
• Analytical skills with excellent communication.
• Understanding of trade lifecycle in Rates and FX, including NFD Fixings.
• Knowledge of Cash Securities and OTC products like CDS.
• Settlement knowledge across DTC, Fed, E/C, and Clearstream.
• Experience with TOMS, OPICS, CALYPSO, GSF, CATALYST, MARKITWIRE systems.
• Advanced Excel and VBA skills.
• Ability to work under pressure and meet deadlines.
• Experience in Capital Markets middle office or equivalent.

The Middle Office is a control function emphasizing risk management and adherence to procedures. Collaboration with Technology and global teams is essential.

Posting End Date: 22 May 2025

*Note: The posting may close early due to high volume of applicants.

We Value Equal Opportunity

Wells Fargo is committed to diversity and inclusion, considering all qualified applicants without discrimination.

Applicants with disabilities or requiring accommodations can find more information on Disability Inclusion at Wells Fargo and the company's policies.