Investment Risk Analyst

Allspring Global Investments Holdings, LLC•Milwaukee, WI

2d•Hybrid

About The Position

The Investment Risk Analyst supports daily valuation oversight and mutual fund risk management as part of the Allspring Investment Analytics team, partnering with internal stakeholders and external service providers to help ensure data quality, sound controls, and timely reporting. This role operates in a hybrid working model, requiring 4 days in-office per week. The position may periodically require a shifted schedule, including evening hours, to support time-sensitive deliverables and issue resolution.

Requirements

Bachelor’s degree in finance, accounting, economics, mathematics, statistics, computer science, engineering, or a related field (or equivalent work experience).
Strong attention to detail and controls mindset with the ability to investigate exceptions, document work clearly, and escalate issues appropriately.
Clear written and verbal communication skills.
Strong quantitative and analytical skills with the ability to work accurately with large datasets.
Ability to use AI tools responsibly to accelerate research, documentation, and basic programming tasks while validating outputs and following firm policies.
Ability to learn and navigate multiple financial systems and data sources.
Flexibility to periodically work a shifted schedule, including evening hours, to support business needs.

Nice To Haves

1–5 years of relevant experience (including internships/co-ops) in fund accounting/operations, pricing/valuation, performance, risk, investment research, or audit.
Experience with mutual fund operations concepts (e.g., NAV process, pricing sources, corporate actions, or fair valuation).
Progress toward CFA designation (CFA Level I candidate or passed Level I) preferred.
Intermediate proficiency with data and automation tools, including Excel, SQL Python, Power BI, and/or Tableau.
Familiarity with agentic AI concepts and experience developing AI-enabled workflows (e.g., prompt patterns, tool use, and validation/controls).
Familiarity with market data and risk platforms (e.g., Bloomberg).
Exposure to control frameworks and audit support (e.g., maintaining evidence, performing checklists/reconciliations, documenting procedures).

Responsibilities

Perform daily valuation oversight activities for mutual funds, including data review, exception tracking, and documentation.
Investigate pricing breaks, NAV exceptions, and other data quality issues; summarize findings, recommend next steps, and escalate as needed.
Produce, validate, and distribute risk reporting (daily/weekly/monthly/quarterly), including reasonability checks and variance explanations.
Partner with fund accounting, operations, risk, compliance, technology, and external providers (e.g., fund accountants and pricing vendors) to resolve issues, improve data quality, and support process continuity.
Support business initiatives and service provider or system changes impacting valuation or risk analytics, including requirements gathering, testing/UAT, parallel runs, and implementation documentation.
Build and enhance practical tools using Python code and AI tools to automate workflows, improve daily checks, and streamline risk and valuation processes.
Maintain and continuously improve procedures, controls, and audit-ready evidence.
Support ad hoc investment, risk, and valuation analysis and respond to stakeholder inquiries, under guidance of senior analysts.