Portfolio Analytics Cons 4

Wells Fargo San Francisco, CA

About the Job

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume prior to submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message.  In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wholesale Banking provides financial solutions to businesses across the United States and globally.  Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital.  We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.

The Wells Fargo Investment Portfolio (“IP”) comprises public and private investments for the Credit Investment Portfolio (“CIP”) and public investments for the Macro Investment Portfolio (“MIP”). With dual reporting to Wholesale (CIP) and Treasury (MIP), IP manages the portfolio of AFS and HTM investments.

The Credit Investment Portfolio (CIP), a division of Wholesale Banking, is responsible for the evaluation of credit-driven investment opportunities across a broad spectrum of corporate bonds, notes, loans, Municipal bonds, CLOs and other asset backed securities. With a view towards long term holds, CIP focuses on relative risk/reward by purchasing (and selling) at prices that enhance shareholder value and improve Wells Fargo’s risk adjusted return on capital. As an extension of Wholesale’s lending platform, CIP applies the same depth of credit due diligence that other Wholesale lending divisions have historically applied to loan products. Accordingly, each investment is underwritten from the bottom up with thorough credit, structural, and legal analysis then monitored continuously until final repayment of principal.

The Macro Investment Portfolio (MIP), a division of Corporate Finance, is responsible for maintaining a portfolio of fixed income investments to achieve liquidity, interest rate risk management, and capital management objectives on behalf of Corporate ALCO.  MIP invests in high quality, highly liquid and readily marketable securities that are primarily U.S. Treasury and government agency securities.  Other investment asset classes include corporate bonds, municipal bonds, asset-backed and commercial mortgage-backed securities.  With a view towards longer term investing, MIP’s asset appetite is discretionary at the direction of ALCO to deploy a portion of the Company’s excess deposits in a safe and sound manner.  MIP relies on the Credit Investment Portfolio (CIP) to analyze and monitor most credit sensitive individual investments.

The IP Portfolio Strategy & Analytics team binds a collection of groups whose core functions are associated with investment analysis or reporting on WFC’s Investment Portfolios (AFS and HTM). The team focuses on analytics, process integration, and reporting on key areas pertinent to the Investment Portfolio.  We are seeking an experienced Portfolio Analytics Consultant 4 to join the Strategic Initiatives team with responsibility for managing IP’s collateral programs, developing value-added strategies to optimize the portfolio’s contributions to enterprise goals, and leading multifunctional groups to implement key portfolio initiatives.  A successful candidate will be able to seamlessly partner with a variety of internal partners and must have expertise in financial industry regulation.  Key responsibilities will include:

  • Guide the strategies to use the Portfolio’s securities as collateral for Wells Fargo’s various lines of business ensuring optimal utilization and implementing comprehensive strategic solutions that balance the needs of core stakeholders.
  • Coordinate across the portfolio and with key stakeholders to optimize IP’s contribution to liquidity, capital, and other enterprise objectives.
  • Conduct analyses and impact studies to support the management, growth, optimization, or other efforts of the portfolio, which may span a variety of topics including market trends, regulatory developments, and key events

A successful candidate would be a highly-motivated self-starter with excellent communication skills, strong focus on partnership and teambuilding, sound critical and strategic thinking, and desire to work in a fast-paced, dynamic environment.  The candidate should have a strong interest in macro and credit markets, portfolio strategy, and financial institution operations.  In addition, an ideal candidate would have a thorough understanding of applicable bank regulation and portfolio mandates relevant to a Global Systemically Important Bank (GSIB).

Team members 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.

Charlotte is strongly preferred.

Required Qualifications

  • 5+ years of experience in portfolio management, or finance
  • 2+ years of leadership experience

Desired Qualifications

  • A BS/BA degree or higher in business, finance, or economics
  • Knowledge and understanding of regulatory compliance requirements surrounding the financial services industry
  • Excellent verbal, written, and interpersonal communication skills
  • Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
  • Ability to influence across all organizational levels, particularly senior management
  • Knowledge and understanding of financial services risk management

Other Desired Qualifications
  • Strong interest in capital markets, investment management, and portfolio strategy
  • An impeccable reputation for integrity, accuracy, consistency, big picture orientation and business acumen
  • Thorough understanding of financial regulation, with particular focus on applicable liquidity, capital, and collateral rules
  • Demonstrated ability to understand and balance a complex framework of priorities, constraints, and risk management to portfolio opportunities
  • Demonstrated ability to lead multifunctional work efforts and implement strategic initiatives involving a variety of stakeholders
  • Excellent written, verbal, and PowerPoint communication skills that lead to effective communication across multiple audiences, including senior management
  • Demonstrated ability to work through business challenges consistently and effectively through collaboration and transparency
  • Highly self-motivated with a working knowledge of risk management fundamentals, model ownership, and policy creation

Street Address

CA-SF-South Of Market Area: 45 Fremont Street - San Francisco, CA
NC-Charlotte: 550 S Tryon St - Charlotte, NC


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.