Senior Institutional Investment Operations Specialist - Tax Operations

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About this role:
Wells Fargo is seeking a Senior Institutional Investment Operations Specialist to join our Securities Tax Operations team as a part of our Corporate Investment Banking (CIB) Operations Division.
This role will support cost basis, federal tax reporting, and withholding requirements for capital markets products. The position will help the team navigate an evolving regulatory environment and address the complexities of IRS Chapter 3, Chapter 4, and Chapter 61 reporting and withholding regimes, along with applicable state and international tax regulations. Learn more about our career areas and lines of business at wellsfargojobs.com.
In this role, you will:

• Handling tax documentation, withholding and reporting inquiries raised by business partners
• Daily TEFRA, NRA and FATCA withholding reconciliation and remittance
• Reconcile withholding and reporting files to ensure correct withholding is applied
• Research and resolution of reporting and withholding exceptions through the manual payment files
• 1099 and 1042-S reporting tasks such as; QC of form reviews, Assist with trial runs and processing of tax reporting adjustments.
• Identifying and formulating procedural changes which will enhance operational efficiency and data integrity
• Providing leadership on issues raised by the areas we support while communicating ways to improve data quality and client service
• Partnering with upstream processing teams such as corporate actions and middle office to identify the root cause of issues and mitigate operational risk

Required Qualifications:

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

Desired Qualifications:

• Extensive knowledge and understanding of loan, securities, and derivative products
• Intermediate proficiency with Microsoft Office applications
• Analytical skills with a high level of attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills
• Effective organizational, multitasking, and prioritization skills
• Ability to work effectively in a fast-paced, deadline-driven environment
• Knowledge and understanding of technical tax withholding and reporting requirements, including Forms 1099-INT, 1099-MISC, 1099-B, and 1042-S, as well as IMY reporting to beneficial owners
• Knowledge and understanding of equity and fixed-income trading
• Project management skills, including the ability to manage multiple projects concurrently
• Experience with or a basic understanding of IRS Forms W-9 and W-8, including exemption codes, country treaty rates, and IMY withholding statements
• 2 - 4 Years of Tax Operations experience with a basic understanding of Chapter 3 (NRA), Chapter 4 (FATCA), and Chapter 61 (TEFRA) withholding and reporting requirements
• Working knowledge of one or more of the following tax solutions: Broadridge Tax Managed Service, Sovos, Silver Cost Basis, Silver, or IHS Markit IPS/CTI

Primary Posting Location:

• 550 S Tryon St, Charlotte, North Carolina 28202

Job Expectations:

• Ability to work additional hours as needed.
• This position offers a hybrid work schedule at the posted locations listed.
• Relocation assistance is not available for this position.
• Visa Sponsorship is not available for this position.

Posting End Date:
14 Oct 2026
*Job posting may come down early due to volume of applicants.
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