Wells Fargo

Senior Capital Markets Middle Office Specialist – FCM Cash & Collateral

Wells Fargo • $95K — $115K *
Charlotte, NC 28269In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 4+ years of Capital Markets experience or equivalent training/education
  • Strong knowledge of Capital Markets and Middle Office Operations
  • Experience with Futures and OTC Derivatives processes
  • Proficient in managing cash and collateral functions
  • Understanding of industry regulations like CFTC and CME
  • Advanced Microsoft Excel and modeling skills
  • Excellent communication and presentation abilities

Responsibilities

  • Manage daily cash and collateral activities for the FCM business
  • Oversee high-value cash and collateral movements
  • Manage collateral requirements across cleared derivatives products
  • Investigate and resolve reconciliation breaks and exceptions
  • Prepare operational reports for stakeholders and leadership
  • Manage CCP and clearing-related change initiatives
  • Support audits and ensure adherence to internal controls
  • Contribute to strategic initiatives for operational performance enhancement

Benefits

  • Hybrid work schedule
  • Opportunity for additional hours as needed
  • On-site work requirement at designated location
  • Exposure to high-stakes client interactions
  • Involvement in strategic initiatives and regulatory compliance efforts
Full Job Description

In this role, you will:

  • Manage daily cash and collateral activities for the Futures Commission Merchant (FCM) business across Futures, Options, and Cleared Swaps, including monitoring cash positions, bank activity, FX settlements, funding requirements, and liquidity needs

  • Oversee high-value cash and collateral movements, ensuring timely and accurate processing of funding, securities transfers, and settlement activity

  • Manage collateral requirements across cleared derivatives products and tri-party arrangements, including variation margin, initial margin, and independent amount processes

  • Investigate and resolve reconciliation breaks, funding discrepancies, settlement exceptions, and other operational issues

  • Prepare exchange reports and other operational, funding, and collateral reporting for business partners, stakeholders, and leadership

  • Manage CCP and clearing-related change initiatives that impact the FCM Cash and Collateral Management team

  • Support audits, regulatory reviews, and compliance activities, ensuring adherence to internal controls and policies

  • Contribute to strategic initiatives focused on strengthening cash management, collateral operations, liquidity management, and overall operational performance

Required Qualifications:

  • 4+ years of Capital Markets industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

  • Strong knowledge of Capital Markets, Middle Office Operations, Funding, Cash Management, and Collateral Management

  • Experience supporting Futures, OTC Derivatives, and other capital markets products, with an understanding of the associated trade lifecycle and operational processes

  • Experience managing complex cash and collateral functions, including liquidity forecasting, cash flow analysis, funding, margin, and collateral management activities

  • Knowledge of industry regulations and reporting requirements, including CFTC, CME, client protection rules, and SWIFT standards

  • Proficiency with GMI; experience with Broadridge and cash/collateral management platforms is preferred

  • Advanced analytical, problem-solving, and organizational skills, with strong attention to detail and accuracy

  • Advanced Microsoft Excel and MS Office skills, including financial analysis, reporting, and modeling capabilities

  • Excellent verbal, written, and interpersonal communication skills, with the ability to effectively present information to stakeholders at all levels

  • Ability to manage multiple priorities in a fast-paced environment while adapting quickly to evolving systems, processes, and regulatory requirements

Job Expectations:

  • Ability to work a hybrid schedule

  • Willingness to work on-site at stated location on the job opening

  • Ability to work additional hours as needed

  • This position is not eligible for Visa sponsorship

Posting Location:

  • 550 S Tryon St, Charlotte, NC 28202

Posting End Date:

15 Sep 2026

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

About Wells Fargo

Wells Fargo Careers

Joining Wells Fargo means becoming part of a distinguished financial institution that has been a cornerstone of innovation and leadership in the banking industry. At Wells Fargo, we offer a plethora of job opportunities designed to empower your career growth and development in a diverse and inclusive environment.

Work You’ll Do

At Wells Fargo, you will be part of a team that values diversity and is committed to fostering an inclusive culture. We are looking for professionals who are eager to drive innovation and lead with integrity. Our employees are our greatest asset, and we invest in their professional growth through comprehensive leadership and diversity training programs that are recognized industry-wide.

Explore a Multitude of Career Paths

Whether you're interested in a position in finance, IT, customer service, or management, Wells Fargo has career opportunities in various fields. Our team members benefit from job stability, competitive benefits, and a culture that values and rewards performance and dedication.

Internship Programs

Kickstart your career with a Wells Fargo internship. Our programs provide invaluable industry exposure, professional skills development, and networking opportunities that often lead to full-time employment offers. Interns at Wells Fargo work on real projects, solve actual challenges, and gain the mentorship of seasoned professionals.

Professional Growth and Development

We believe in nurturing the potential of our employees. Wells Fargo offers robust training programs and resources to help every team member excel in their current roles and prepare for future challenges. Growth at Wells Fargo is not just about climbing the career ladder but expanding your skills and expertise to add value to our team and customers.

Benefits and Rewards

Wells Fargo is committed to the well-being of our team members. We offer a comprehensive benefits package that includes health care, retirement plans, and generous paid time off. Additionally, we provide unique perks like employee discounts, adoption assistance, and tuition reimbursement.

Join Our Team

Discover the opportunities waiting for you at Wells Fargo by exploring open positions that match your skills and interests. We are continuously hiring and looking for individuals who bring creativity, passion, and a drive to serve our customers.

Stay Connected

Keep up to date with the latest from Wells Fargo Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and get insider tips on crafting the perfect resume and acing your interview.

Networking and Innovation

At Wells Fargo, networking and innovation go hand in hand. We encourage our employees to connect across departments and roles to foster new ideas and strategies that lead to groundbreaking solutions.

Empower Your Career

Step into a role at Wells Fargo where your skills will be honed, your achievements recognized, and your career can flourish. We're not just filling positions; we're building leaders who are equipped to navigate the complexities of the financial world. Join Wells Fargo today and be part of a team that’s redefining the future of banking.
Learn more about Wells Fargo
Size
246,577 employees
Market Cap
$155.2 billion
Industry
Finance & Insurance
Net Income
$3.3 billion
Founded
1852
5 Year Trend
-5.9%
NASDAQ
WFC
* Ladders Estimates

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