About this role:

Wells Fargo is looking for an experienced Cash Management Operations Specialist to join the CIB operations team. This role involves crucial core cash management activities, including monitoring real-time payment flow, funding forecasting, Treasury Reporting, and collaborating with treasury and funding teams for funding requests. The specialist will oversee nostro funding transfer execution for EMEA Ops, serving as the primary liaison between International Operations and Treasury teams for all WF EMEA entities. Daily responsibilities include providing accurate forecasts, monitoring account activities, and identifying funding requirements. Strong communication skills, attention to detail, and organizational abilities are essential for successful collaboration in this role. If you possess these qualities along with cash management experience, we invite you to join our team.

In this role, you will:

Complete all daily cash nostro real-time monitoring for settlement status & liquidity blockages per documented procedure & task checklists (monitoring inbound & outbound flows).

Advise MCT desk of total amount of outgoing currency required & therefore the funding position daily.

Assist MCT in ensuring nostro EOD balances are within agreed thresholds Liaise with relevant Ops teams and MCT in regard to unsettled high value payments.

Provide any required advance notification for specific settlements above agreed thresholds to MCT desk as per agreed Liquidity management RACIs.

Monitor account systems and advise MCT desks of any shortfall.

Execute funding requests from various EMEA Ops teams or MCT desk to move funds across nostros /CSD cash accounts in order to ensure underlying LOB transactions are settled on time.

Own & complete daily cash forecasting activities for the various businesses.

Act on requests in regard to flattening any excess funding  positions as per  MCT requests.

Execute on various specific Cash management team tasks in regard to the type of business cash being monitored , e.g. for the FX business the team will create & send EOD confirmation if Reg W account need to be funded.

Provide daily files with T+1 Cash Flow deals to Treasury for the relevant EMEA entities, aligned to agreed thresholds for the various legal entities.

Complete required team owned MIS, including monthly FX Risk Packs for required ALCO meetings.

Complete any other recurring or ad-hoc reporting requests as advised by manager or delegate.

Carry out proactive checks to ensure monitoring systems have updated accordingly.

Partner with MCT & Network management in regard to creation of new Nostro Accounts request to EFIA tool for the EMEA entities being supported.

Act as a risk champion, ensure you are meeting all risk expectations of the company including adhering to  the Risk management framework, policy & procedures, ensuring emerging & actual risk incidents are flagged to the relevant teams within EMEA Ops & also the BCM group in a timely fashion.

Support your team in manager in regard to any process or control reviews carried out by any of the reviewing teams including Internal Audit, EBCE , IT&V.

Drive a culture of continuous process improvement .

Work with your manager in regard to any change initiatives /projects as requested.

Required Qualifications:

Ideally experience in a Cash management Operations role in another Financial institution.

Fast learner, strong communication skills and attention to detail.

Strong incident escalation capability.

Strong IT & data collation skills, especially Excel, Word, PowerPoint etc.

Organized with good time management skills Strong prioritization skills.

Ability to handle multiple priorities and perform well under pressure.

Experience of dealing with a variety of internal partners, providing examples of where collaboration assisted with resolving issues.

Good understanding of International business including Investment banking & also Lending /commercial banking products and payments.

Ability to work under pressure.

Able to work in a small team environment and work as a team.

Self-motivation and flexibility required to recognize the need to step up to assist colleagues and manager when required.

Posting End Date: 

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

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 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.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our 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.