Wells Fargo · 9 hours ago
Triparty Repo Funding Team Lead
Charlotte, NC
Full-time
Hybrid
Senior Level
5+ years expWells Fargo is a global financial services leader committed to innovation and community empowerment. The Triparty Repo Funding Team Lead will oversee daily funding operations, manage a high-performing team, and drive strategic initiatives while ensuring operational risk controls are maintained.
BankingFinancial ServicesFinTechInsurancePayments
No H1B
Responsibilities
Oversee daily triparty repo funding, settlements, and collateral substitutions across BNY Mellon
Manage intraday funding priorities, exception queues, and cutoffs to ensure zero fail culture and optimal use of collateral
Own operational risk controls: reconciliations, break management, post-trade validation, cash/position substantiation, and settlement controls
Serve as the primary escalation point for complex breaks, collateral misallocations, eligibility issues, and agent platform discrepancies
Maintain and enhance SOPs, desktop procedures, and control testing; support RCSA/ICFR/SOX evidence and audit readiness
Help in leading, coaching, and developing a high-performing team
Rebuild institutional knowledge via structured training, mentoring, and cross-training programs; reduce key-person risk
Drive triparty initiatives (e.g., automation, new products/clients, eligibility rule enhancements, GC vs. specials optimization)
Partner with Product/FO/Tech to define requirements, prioritize backlog, and execute UAT for platform upgrades and interfaces
Lead root-cause analysis and continuous improvements
Contribute to the future-state operating model, shift coverage, and resiliency planning
Act as key liaison with Front Office, Treasury, Collateral Optimization, Market Risk, Credit Risk, and Middle Office
Manage service with triparty agents (SLAs, issue logs, service reviews) and ensure alignment on eligibility, haircuts, and settlement windows
Communicate status, risks, and metrics to senior leadership; prepare governance materials and incident post-mortems
Qualification
Required
5+ years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Preferred
Deep knowledge of triparty repo operations, including agent platforms (e.g., BNY Mellon, JPMorgan, Euroclear) and collateral allocation mechanics
Experience managing funding, liquidity, or collateral operations within a large financial institution, ideally with exposure to front-to-back repo workflows
Strong people-leadership skills, including coaching, workload management, and the ability to guide a high-volume, high-risk operations team
Expertise in operational risk and control frameworks, including break resolution, settlement controls, governance standards, and regulatory expectations
Ability to partner cross-functionally with Front Office, Technology, Product, Risk, and Middle Office teams to drive initiatives and resolve escalations
Project management and change-management experience, especially supporting system upgrades, UAT testing, automation efforts, or new triparty funding initiatives
Strong analytical, problem-solving, and communication skills, with the ability to handle complex issues under time pressure and provide clear direction
Proficiency with Excel (pivot tables, lookups)
Familiarity with collateral/funding tools (e.g., tri-party portals, OMS/EMS, settlement systems)
Benefits
Robust benefits
Competitive compensation
Programs designed to help you find work-life balance and well-being
Company
Wells Fargo
Wells Fargo & Company is a financial services firm that provides banking, insurance, investments, and mortgage services.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-10-06IPO
Leadership Team
Charlie Scharf
CEO
Fernando Rivas
CEO of Corporate & Investment Banking
Recent News
2026-01-24
2026-01-23
Company data provided by crunchbase