Senior Investment Portfolio Control Consultant

The WIM Investment Solutions Center of Excellence (IS COE) is looking for a Senior Investment Portfolio Control Consultant in the FA Directed Portfolio Analysis (FADPA) team.  The FADPA team is responsible for monitoring of investment risk for advisors that have both discretion and a fiduciary responsibility.  This group also provides portfolio analytics support for Advisors seeking analytics and assistance.  The team is responsible for partnering with the relevant business group across the Wells Fargo Advisors (WFA) organization to identify, assess, manage and mitigate current and emerging investment risk. 

The team member will work directly with Financial Advisors, plus will collaborate with other business leaders in the firm.  This role will include leveraging sophisticated third-party tools and internal reporting to help advisors identify appropriate benchmarks for the portfolios.

Learn more about the career areas and lines of business at wellsfargojobs.com.

In this role, you will:

• Work with advisors daily providing investment risk data, reviewing investment strategies and benchmarks, and identifying key risk in client accounts.  Conduct proactive reach outs to advisors to help them reduce investment risk in client accounts.  Help train advisors on the use of analytic tools and firm resources, key investment risk controls, and the resolution to control alerts.

• Performs various moderately complex activities related to assessing portfolio risk exposures.

• Identify, assess, manage and mitigate current and emerging investment risk. Provides an aggregate view of portfolio risk and serves as a subject matter expert for measuring and managing investment risk.

• Consults and provides input into investment processes and governance. Produces daily, monthly, quarterly and annual investment risk reports for Sr. Management.

• Utilizes multiple complex data sources; complies and mines sources to achieve data needs for analyses. Adheres to data management / data governance regulations and policies for data integrity.

• Lead or partner with the relevant business group to identify, assess, manage and mitigate current and emerging investment risk

• Collaborate and consult with peers, colleagues and mid-level managers to resolve issues and achieve goals

• Potentially lead projects and team initiatives to advance risk monitoring and/or serve as a guide for less experienced consultants.

• Consult and provide input into business processes, control execution, policies and procedure implementation and governance. Produces daily, monthly, quarterly and annual investment risk reports for Sr. Management.

Required Qualifications:

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

Desired Qualifications:

• 4+ years of Investment acumen and Investment risk experience

• FINRA registration including Series 7 and Series 66 (or FINRA recognized equivalents)

• Demonstrated leadership on cross-functional business initiatives as well as leading small working groups.  Broad experience working with other departments in the firm including Product Management, compliance, operations, business control, EIT, supervision etc.

• Experience implementing policies and procedures, oversight of controls, and conducting supervisory review tasks.

• Project management experience leading projects, risk control efforts, including the Project Management Professional (PMP) Certificate

• Ability to prioritize work, meet deadlines, achieve goals and work under pressure in a dynamic and complex environment

• Experience with developing new control processes, understanding data file structure, and coordinating with EIT and Product Owner business partners

• Strong analytical skills with high attention to detail and accuracy

• Experience leading projects with third party vendors such as Blackrock Alladin, Morningstar Direct or FactSet

• Intermediate Microsoft Office Skills, including Excel

• Excellent verbal, written, and interpersonal communication skills

• BS/BA degree or higher in accounting or finance, computer science, engineering or other scientific background

• Chartered Financial Analyst (CFA) designation or demonstrated progress toward the designation

Job Expectations:

• Hybrid Work Schedule

• This position is not eligible for Visa sponsorship

Posting Location:

• 1 N. Jefferson Ave, Saint Louis, MO 63103

• 550 S. Tryon Street, Charlotte, NC 28202