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Wells Fargo · 23 hours ago

Client Reporting Analyst

MINNEAPOLIS, MN

Full-time

Hybrid

Entry, Mid Level

$31.73/hr - $48.08/hr

2+ years exp

Wells Fargo is seeking a Securities Operations Specialist/Client Reporting Analyst to join their Client Reporting team. This role is responsible for executing and auditing client communications and ensuring regulatory compliance while supporting process improvement initiatives.

BankingFinancial ServicesFinTechInsurancePayments

No H1B

Responsibilities

Perform quality control and audit reviews of client statements, trade confirmations, and prospectus mailings to ensure regulatory and procedural compliance

Coordinate and execute ad hoc mailings, including Quick Turn Letters (QTLs), fiscal summaries, and 401(b) letters, in partnership with business owners and third-party vendors

Monitor and reconcile prospectus activity, including suppression logic, unfulfilled obligations, and file transmissions to/from Broadridge

Maintain documentation and records for all mailings in accordance with supervisory procedures and audit requirements

Support process improvement initiatives and contribute to the development and maintenance of standard operating procedures (SOPs)

Collaborate with internal stakeholders (e.g., Compliance, Legal, Technology) to ensure timely and accurate delivery of client communications

Participate in internal audits and provide documentation and responses as needed

Participate in low to moderately complex lifecycle support initiatives and identify opportunity for process improvements within Securities Operations

Review and analyze basic or tactical functional operational tasks or challenges that require research, evaluation, and selection of alternatives; exercise independent judgment related to low-to-medium risk deliverables

Present recommendations for resolving low to moderately complex situations related to a full process within a trade environment while developing understanding of function, policies, procedures, and compliance requirements

Provide information to, collaborate, and consult with peers, colleagues and managers, including internal and external customers, to resolve issues and achieve goals

Develop expertise in the following operational processes including client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, and general ledger reconciliation

Resolve low to moderately complex escalated issues within the scope of responsibility in Security Operations

Research low to moderately complex business risks, provide input into policies, enhance customer satisfaction, and review time sensitive documents and transaction requests

Exercise independent judgment in understanding trade settlement workflow controls to minimalize the effects of operational breakdowns

Support overall effectiveness of the team according to plans; monitor daily securities and cash related production work

Contribute and may lead implementation of projects, new or revised processes, and procedures that require coordination among operation teams and perform analysis for initiatives that support business strategies making decisions on matters with financial impact and risk

Qualification

Securities Operations experienceClient reporting operationsRegulatory compliance knowledgeMicrosoft Excel proficiencyBroadridge systems experienceProcess improvementAudit processes exposureBachelor’s degreeSeries 7 LicenseAttention to detail

Required

2+ years of Securities Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education