About this role:
Wells Fargo is seeking a Senior Investment Risk Specialist
In this role, you will:
- Develop, execute, and maintain lending valuation model
- Advise leadership on lending portfolio risk
- Perform complex activities related to assessing risk exposures
- Measure and manage fiduciary and investment risk
- Lead the strategy and resolution of highly complex and unique challenges to proactively identify, assess, measure, monitor, control, and report on significant fiduciary and investment risks
- Deliver solutions that are long-term, large-scale and require the most complex quantitative and analytic models to help manage credit risk
- Make decisions regarding implementation of initiatives with moderate to high risk and partner with risk analysts in development of risk oversight strategies
- Influence and lead risk management to meet deliverables and drive new initiatives
- Collaborate and consult with management, independent risk management, companywide risk analysts and regulatory agencies to resolve findings and develop investment risk oversight initiatives and strategies
- Collaborate on key investment risk oversight analysis, provide on-going market monitoring for potential impacts to Wells Fargo clients, and escalate key risk topics to monthly risk oversight forums
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- 4+ years of Investment Risk, Capital Markets, Trading, Desk Analyst, Investment Analyst, Portfolio Analyst, Investment Management or Investment Management Services experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 4+ years of strong experience in SQL
- Should be able to execute scripts in Python (Intermediate proficiency)
- A graduate or higher qualification in business, accounting, finance, statistics, or economics
- Progress towards or achievement of Chartered Financial Analyst (CFA) certification
- Experience or exposure with Bloomberg, MSCI Barra and/or FactSet
- Working experience with the investment management industry
- Experience analyzing financial markets and/or financial instruments for risk/return purposes
- Ability to take initiative and work independently with minimal supervision in a structured environment
- Experience or exposure in analytics software such as Python, R or MATLAB
- Experience in writing and maintaining SQL queries
- Provide quantitative support for lending valuation program
- Perform in depth reviews of investment management and risk management processes and controls, leveraging large databases and quantitative tools
- Analyze complex findings and assess risk management effectiveness
- Propose risk limits and recommendations as needed.
- Develop and implement quantitative risk measures, and relevant reports to assess and monitor risk exposures
- Implement innovative and automated solutions utilizing software tools and quantitative research to provide robust fiduciary and investment risk oversight
9 Feb 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.