Senior Investment Portfolio Control Consultant
About The Position
The Senior Investment Portfolio Control Consultant is part of the WIM Investment Solutions Center of Excellence (IS COE), within the FA Directed Portfolio Analysis (FADPA) team. FADPA monitors investment risk for advisors with discretion and fiduciary responsibilities and provides portfolio analytics support to advisors. The consultant works directly with Financial Advisors and collaborates with business leaders across Wells Fargo Advisors to identify, assess, manage, and mitigate current and emerging investment risk. The role uses sophisticated third-party tools and internal reporting to help advisors identify appropriate portfolio benchmarks. The consultant provides investment risk data and portfolio analytics, reviews investment strategies and benchmarks, identifies risks in client accounts, and proactively contacts advisors to help reduce those risks. The position also supports advisor training on analytic tools, firm resources, investment risk controls, and control-alert resolution. It assesses portfolio risk exposures, provides an aggregate view of portfolio risk, and serves as a subject matter expert in measuring and managing investment risk. The role consults on investment and business processes, controls, policies, procedures, and governance; produces recurring risk reports for senior management; and uses complex data sources while complying with data management and governance policies. The consultant may lead or partner on risk-monitoring projects and team initiatives, collaborate with peers and mid-level managers, and guide less experienced consultants. This position has a hybrid work schedule and is not eligible for visa sponsorship.
Requirements
- At least 4 years of investment portfolio control experience, or equivalent demonstrated through work experience, training, military experience, or education.
- Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
- Strong analytical skills with high attention to detail and accuracy.
- Intermediate Microsoft Office skills, including Excel.
- Excellent verbal, written, and interpersonal communication skills.
- Bachelor of Science or Bachelor of Arts degree or higher in accounting or finance, computer science, engineering, or another scientific field.
Nice To Haves
- At least 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 and experience leading small working groups.
- Broad experience working with other departments, including Product Management, compliance, operations, business control, EIT, and supervision.
- Experience implementing policies and procedures, overseeing controls, and conducting supervisory review tasks.
- Project management experience leading projects and risk-control efforts; Project Management Professional (PMP) certification.
- Experience developing new control processes, understanding data file structures, and coordinating with EIT and Product Owner business partners.
- Experience leading projects with third-party vendors such as BlackRock Aladdin, Morningstar Direct, or FactSet.
- Chartered Financial Analyst (CFA) designation or demonstrated progress toward the designation.
Responsibilities
- Work with advisors daily to provide investment risk data, review investment strategies and benchmarks, and identify key risks in client accounts.
- Proactively reach out to advisors to help reduce investment risk in client accounts.
- Train advisors on analytic tools, firm resources, investment risk controls, and resolution of control alerts.
- Assess portfolio risk exposures and provide an aggregate view of portfolio risk as a subject matter expert in measuring and managing investment risk.
- Identify, assess, manage, and mitigate current and emerging investment risk, leading or partnering with relevant business groups as needed.
- Consult on and provide input into investment processes, business processes, control execution, policies, procedure implementation, and governance.
- Produce daily, monthly, quarterly, and annual investment risk reports for senior management.
- Compile and mine multiple complex data sources to meet analytical needs while adhering to data management and governance policies for data integrity.
- Collaborate with peers, colleagues, and mid-level managers to resolve issues and achieve goals.
- Potentially lead projects and team initiatives to advance risk monitoring and guide less experienced consultants.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
