Securities Operations Specialist- Insurance, Oil, Gas, Mineral - Specialty Asset Servicing - Military Veterans
at Wells Fargo
About this role:
Wells Fargo is seeking multiple Securities Operations Specialists as part of Specialized Asset Support Services within Wealth and Investment Management Operations. This team is responsible for supporting specialty asset management by working directly with insurance companies, lenders and other internal partners to review the insurance coverage on Real Estate, Loan and Miscellaneous assets, as well as maintaining insurance on the bank's master trust policy.
The Securities Operations Specialist will support leadership by being the point of contact for the team and field partners, engaging with vendors as well as assisting with system functionality and enhancements. The Securities Operations Specialist will also be responsible for processing transactions and delegating tasks among the insurance team. Learn more about our career areas and lines of business at wellsfargojobs.com .
In this role, you will:
- Participate in moderately complex lifecycle support initiatives and identify opportunity for process improvements and procedural impacts while providing coaching and feedback to staff within WIM 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 and guide others on complex production improvement efforts and address procedural impacts
- Develop expertise in the following operational processes including binding, endorsing and cancelling insurance coverage, customer service, reporting, and general ledger reconciliation
- Collaborate, provide information to and consult with peers, colleagues and managers including internal and external customers to resolve issues and achieve team goals
- Research low to moderately complex business risks, provide input into policies, enhance customer satisfaction, and review time sensitive documents and transaction requests
- Receive direction from leaders and exercise independent judgement while developing the knowledge to understand functions, policies, procedures and compliance requirements
- Support overall effectiveness of the team according to plans; monitor, disperse and supervise the daily production activities of staff
- Contribute and may lead implementation of projects, new or revised processes, and procedures that require coordination among operation teams
- Perform analysis for initiatives that support business strategies making decisions on matters with financial impact and risk
Required Qualifications:
- 2+ years of Securities Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- 2+ years real estate, insurance and/or wealth management experience
- Demonstrated experience analyzing external insurance policies and contacting insurance agents
- Thorough understanding of residential and commercial insurance coverages and policies
- Ability to effectively collaborate across departmental boundaries to derive at optimal solutions for project initiatives
- Ability to navigate multiple computer systems, applications and utilize search tools to find information
- Ability to research and report on a variety of issues and possess solid problem-solving skills
- Ability to take ownership over business processes and takes initiative to proactively address risk, enhance efficiencies
- Highly effective communication skills and people leadership skills
- Strong attention to detail and accuracy
Job Expectations:
- Ability to work a hybrid schedule
- Willingness to work on-site at stated location on the job opening
- This position is not eligible for Visa sponsorship
Posting Location:
- Minneapolis, Minnesota
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$26.59 - $47.26
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Posting End Date:
23 Jan 2025
* Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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 US: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.
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.
Minneapolis, MN
At Wells Fargo, we’ve been proudly supporting military veterans and their families for more than 170 years.
We value the leadership, discipline, and skills you’ve gained through your service to our country and recognize the contributions our veteran team members bring to the table. We’re committed to hiring and retaining military veterans, veterans with disabilities, National Guard, Reservists, and Military Spouses.
As a Wells Fargo employee, you’ll find a work culture that is team-oriented, collaborative, structured, and challenging. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance. You may choose to join our Veteran’s Connection Employee Resource Group, a group of thousands who share an interest in veterans’ matters, and that promotes greater awareness and job development within the veteran community. To learn more about opportunities at our company, please visit wellsfargojobs.com/military. Let’s talk about turning your military experience into a great civilian career.