Investment Portfolio Analyst

About this role:

Wells Fargo is seeking an Investment Portfolio Analyst to join the PSA Balance and Income Analytics team. The Balance and Income Analytics team is responsible for forecasting the investment portfolio income and balance components (e.g. securities runoff and re-deployment). Additionally, the team is responsible for interest rate risk scenario analysis, running 1000+ scenarios a year to assess impacts of various interest rate changes on the portfolio’s earnings.

The Investment Portfolio (IP) manages the bank’s fixed income securities (~$400B in total) and derivatives portfolios. In addition to managing firm wide interest rate risk in partnership with Corporate Treasury, the portfolio is critical in managing the firm’s earnings profile as well as the firm’s capital and liquidity position.

This role will partner heavily across Portfolio Strategy and Analytics (PSA), Securities Portfolio Management (SPM), Derivatives Risk Management (DRM) teams in IP, and the Balance Sheet and Interest Rate Risk Management (BSIRRM) team in Corporate Treasury.

In this role, you will:

• Support the Investment Portfolio forecast process including reporting, analysis, and communication of results
• Support the interest rate risk scenario analysis process including reporting, analysis, and communication of results
• Collaborate and consult with team members on the analytics, derivatives, and securities teams, management, internal audit, risk management and model governance teams
• Partner with investment teams to support the implementation of new strategies to ensure seamless integration into risk measurements
• Drive business process improvements utilizing Business Intelligence and other automation tools, and AI 

Required Qualifications:

• 2+ years of Investment Portfolio Management, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• A BS/BA degree or higher in accounting, finance, or economics
• An understanding of fixed-income products including mortgage-backed securities, structured products, municipal bonds, interest rate swaps and US Treasury bonds
• Programming ability in Python or SQL and familiarity with data science or similar programming/ database experience
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
• Experience researching complex issues, distilling information into concise presentations and offering actionable resolutions

Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Posting End Date: 

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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 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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.