Senior Brokerage Relationship Manager - First Clearing Risk and Business Controls - Military Veterans

About this role:

Wells Fargo Independent Solutions is seeking a Senior Brokerage Relationship Manager to join the First Clearing Risk and Business Controls team. This role is a key consultant to our introducing firms on topics related to pre-trade and post-trade processes, risk, and business controls. This individual plays a critical role in building, maintaining and growing relationships across our client firms and the Independent Solutions organization.

Wells Fargo Independent Solutions is responsible forthe management of First Clearing, WFA Financial Network, and Wells Fargo RIA Solutions. Together these businesses comprise WIM's platform to support independent non-employee advisors and the clients who select these individuals as their financial advisors. Independent Solutions is responsible for the strategy, growth, servicing and risk management in operating these three business lines.

First Clearing provides services to independently-owned and licensed broker dealers and investment advisors. The primary services provided are transaction processing (trading and settlement), custody of securities and funds, and generation of client trade confirmations and monthly statements. They also can include a variety of other offerings including technology tools, supervisory tools, reporting tools, practice management support and FA recruiting assistance. First Clearing also makes available, to these broker dealers and investment advisers, WFA/WFCS products such as advisory programs, and margin and lending products

In this role, you will:

• Support implementation and maintenance of various order entry controls
• Focus on maintaining strong business controls, ensuring policies and procedures are appropriately documented and executed
• Represent the line of business for various regulatory and operational initiatives specific to First Clearing firms
• Draft client communications related to operational and/or regulatory changes
• Participate in audit activities
• Provide exceptional customer service, promptly responding to clients' emails and phone calls
• Lead complex initiatives for business development including those that are cross-functional with broad impact and act as key participant in large scale planning initiatives and growth opportunities
• Ensure client firm adherence with certain First Clearing policies
• Strategically collaborate and consult with First Clearing mid-level to senior managers, colleagues, stakeholders, and business leaders, including internal or external customers, to resolve issues and meet customer needs

Required Qualifications:

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

Desired Qualifications:

• 4+ years of demonstrated experience managing the life cycle of a trade (specifically related to equity and fixed income transactions)
• 4+ years experience with order entry systems
• Understanding of Financial Information Exchange (FIX) protocol and experience in FIX connectivity testing
• Experience in risk consulting, with the ability to influence and partner with business executives, leadership, internal partners and peers
• Brokerage operations and/or regulatory compliance experience
• Strong interpersonal and communications skills, including a demonstrated ability to summarize and present complex information in a simple and easy format.
• Ability to work on multiple projects, adjusting priorities as needed to meet deadlines
• Demonstrated ability to listen, ask questions and comprehend new or complex matters
• Ability to proactively manage and mitigate issues
• Advanced skills, proficiency, and experience with Microsoft Excel, PowerPoint, Access and Word
• Series 7 license

Job Expectations:

• This position is not eligible for Visa sponsorship
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Posting Location:

• 2801 Market Street, F & L Building - Saint Louis, MO 63103
• Required location listed above. Relocation assistance is not available for this position.

This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Posting End Date:

7 Mar 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.

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.