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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.Wealth and Investment Management (WIM) businesses build enduring client relationships through sound, thoughtful and objective advice. We help our clients by developing individualized plans for everything from retirement goals to business succession planning, to family legacy intentions. Services include comprehensive planning and advice, investment management, brokerage, private banking, estate planning strategies, trust, and both individual and institutional retirement.Wealth and Investment Management (WIM) is one of the nation’s leading providers of financial and investment services in the United States. We offer a full range of products and services to meet clients’ unique needs and help them achieve financial goals. Services include brokerage, investment management, comprehensive planning and advice, private banking, estate planning strategies, retirement, insurance, and trust. WIM’s mission is to help our clients achieve financial peace of mind. We do so through six WIM lines of business — Abbot Downing, Institutional Retirement and Trust (IRT), Wealth Management, Wells Fargo Advisors (WFA), Wells Fargo Asset Management (WFAM), and Wells Fargo Investment Institute (WFII).The Wells Fargo Control Executive function is part of the company’s first line of defense function and is accountable for the supervision and management of all front line risk activities across all risk types. It provides appropriate analysis, reporting, and escalation to senior management and the Board of Directors, sets minimum standards for the company, and gives advice, guidance, and support for compliance risk management activities across the enterpriseThis position is responsible for ensuring that investment portfolios are aligned with targets (benchmarks or model portfolios) and that the firm has processes in place to provide and implement sound investment advice.This role is responsible for collaborating with business partners (line of business leaders, IRM, Audit) to ensure the identification and management of risks are consistent with policies and procedures.Successful candidates will be articulate and possess a demonstrated leadership capability, integrity, and credibility. They will be impressive in their inter-personal effectiveness and with regard to their accomplishments. The role requires a sense of urgency, passion for results, and personal accountability for achievement.Primary Responsibilities:
Evaluates investment risk in portfolios for a wide range of financial investment products on a daily and long-term basis
Effectuate remediation as appropriate, including monitoring investment risk thresholds
Employ models and develop effective monitoring and reporting including tracking error, VaR, sensitivity analysis, trends, stress testing, and issue status
Report status, financial model output and issues to key stakeholders
Escalate matters to leadership and/ or governance committees as appropriate
Proactively counsel stakeholders and drive changes where necessary to assure effectiveness of programs
Work closely with Independent Risk Management to ensure procedures and processes are in alignment with the Risk Management Framework
Pls note - this is an office based position located at 401 S. Tryon Street in Charlotte, NC. This is not a remote / telecommute position.Required Qualifications:
2+ years of capital markets experience, desk analyst experience, or a combination of both
Desired Qualifications:
Intermediate Microsoft Office skills
Strong analytical skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Ability to articulate complex concepts in a clear manner
Ability to implement a solution and communicate, in clear business terms, the benefits of the proposed risk management approach-
How to Express Interest in This Job: Wells Fargo invites you to apply for this job at https://employment.wellsfargo.com/psc/PSEA/APPLICANTNW/HRMS/c/HRSHRAMFL.HRSCGSEARCHFL.GBL?Page=HRSAPPJBPSTFL&FOCUS=Applicant&SiteId=1&JobOpeningId=5510995&PostingSeq=1.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.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.