About this role:

Wells Fargo is seeking an Investment Risk Specialist in Operational Risk as part of Corporate Risk. Learn more about the career areas and lines of business at wellsfargojobs.com.

This role will be part of the Fiduciary & Investment Risk Oversight ("FIRO") unit of Operational Risk. FIRO is accountable for establishing and overseeing execution of the enterprise-wide risk type coverage program designed to proactively and systematically identify, assess, measure, monitor, control and report on significant Fiduciary and Investment (F&I) risks to Wells Fargo and its customers. This includes client portfolio risk, model portfolio risk, fiduciary and investment related product risk, and associated liquidity risk. The primary business group currently in scope for this oversight program is Wealth & Investment Management. The position will report to the Investment Risk Director and will contribute to a strong, independent risk management function for F&I risk oversight within Wells Fargo. The successful candidate will possess strong quantitative and analytical skills consistent with roles and responsibilities of independent risk management in the Wells Fargo & Co. Risk Management Framework.

In this role, you will:

• Lead or participate with relevant business groups to identify, assess, manage and mitigate current and emerging investment risk within Fiduciary and Investment Risk Oversight
• Conduct deep analysis of investment products and processes to identify control gaps or deficiencies
• Perform and research complex activities related to investment risk generated by common factor models, time series models, pricing and valuation models, parametric simulations, stress testing, scenario data, and liquidity models
• Present recommendations for resolving efficiency of investment risk management
• Collaborate and consult with management regarding daily, monthly, quarterly, and annual investment risk oversight reporting

Required Qualifications, US:

• 2+ years of Investment Risk, applied Math, Statistics, Engineering, Accounting, Finance, or Econometrics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Advanced degree in related field (Math, Statistics, Engineering, Accounting, Finance, Econometrics or similar) preferred
• Chartered Financial Analyst (CFA) and/or Financial Risk Manager (FRM) preferred
• Knowledge in the wealth management, financial advisory, and retail brokerage businesses, particularly in the areas of financial advisors' and wealth management's client engagement models, client risk profile assessment process, client investment objective assignment, various lifecycle investment methodologies, strategic asset allocation, cyclical and tactical asset allocation, client investment portfolio management, and investment risk management and performance measurement
• Knowledge in data elements, data relationships and data structures related to financial advisors, investment managers, client investment portfolios, investment products and vehicles, and other related data
• Hands-on skills and knowledge of investment tools and platforms such as Bloomberg, MSCI/Barra, BlackRock Aladdin, FactSet, Morningstar, and etc.
• Passionate interest and curiosity in understanding financial markets with a strong quantitative orientation for investment and risk management; robust analytical and critical thinking capabilities
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
• Excellent verbal, written, and interpersonal communication skills; ability to articulate complex concepts in a clear manner
• High attention to detail and accuracy

Job Expectations:

• Ability to work at one of the approved locations in the job posting
• This positions offers a hybrid work schedule
• This position is not eligible for Visa sponsorship

P osting Locations:

• Charlotte, NC
• Boston, MA

Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered for current Wells Fargo Corporate Risk employees.

This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 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.

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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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.