Detail of : Portfolio Analytics Consultant Level 1 Job Openings in Charlotte
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At , 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 . It all begins with outstanding talent. It all begins with you.
& Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Founded in 1852, provides banking, insurance, investments, mortgage, and consumer and commercial financial services through more than 8,600 locations, 13,000 ATMs, online (wellsfargo.com), and mobile devices.
Enterprise Finance is the centralized finance function for and provides best-in-class financial advice and analytics to help the company dynamically plan for its future, optimize overall financial performance, and drive long-term shareholder value.
The Investment Portfolio (IP) manages the Company’s Available-For-Sale (AFS) and Held-To-Maturity (HTM) securities and loan portfolios, and the Reinsurance and Bank Owned Life Insurance (BOLI) businesses as part of the Enterprise Finance group. IP also provides strategic and analytical balance sheet support to the bank as well as a centralized, street-facing trade execution and hedging function for the enterprise. The Investment Portfolio consists of:
Credit Investment Portfolio (CIP): 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
Macro Investment Portfolio (MIP): Responsible for maintaining a portfolio of fixed income investments to achieve liquidity, interest rate risk management, and capital management objectives on behalf of Corporate Asset/Liability Committee
Portfolio Strategy and Analytics (PSA): Centrally manages IP’s analytics, including stress testing, sensitivity analytics, and optimizing investment decision making within capital, liquidity and risk management constraints.
Trading: Street-facing trading desk with the ability to offer coordinated execution of all cash and derivatives trades for the portfolio, as well as for other key partners within
Reinsurance and Bank Owned Life Insurance (BOLI) businesses and a central business application team
The IP Portfolio Strategy & Analytics team binds a collection of groups whose core functions involve investment analytics, process integration, and reporting on key areas pertinent to the Investment Portfolio. We are seeking a Portfolio Analytics Consultant 1 to join PSA. Key responsibilities will include:
Assist with complex investment portfolio modeling, reporting and analytics on the Investment Securities, derivatives and loan portfolios, ensuring accurate portfolio modeling for interest rate risk, income/strategy analysis, stress testing and capital planning along with ad-hoc scenario analysis.
Develop reporting to provide insight concerning changes in the securities portfolio risk profile and contributes to the evaluation of risk management strategies. Contributes to broader Corporate Asset Liability Management simulations for short-term (Earnings-At-Risk) and long-term interest rate risk measures (EVE, Duration Gap, OCI Sensitivity) and reporting.
Interface with second and third line of defense teams including Model Risk, ALM Risk and Audit, along with lines of business and portfolio managers in addressing model issues impacting performance.
Support projects and analysis of the investment portfolio that involves working with multiple functions and teams across the Portfolio Strategy and Analytics group, Asset Liability Management, Investment Portfolio as well other groups across Treasury and the Bank. Acts as a subject matter expert on the Bank’s fixed income securities for various stress test exercises including CCAR / DFAST.
Partner with other model experts across the Bank, including Mortgage Center of Excellence, to evaluate and analyze modeling of residential prepayment behavior for Agency Mortgage Backed Securities, structured products and instruments with embedded optionality under various interest rate and economic scenarios and providing insight into portfolio prepayment behavior to guide portfolio strategy and impact on the Bank’s interest rate sensitivity metrics.
Lead model governance deliverables across range of high risk quantitative and qualitative models used in modeling the investment portfolio, including validations, development/UAT, monitoring programs and various other responsibilities.
The ideal candidate has sharp analytical skills, demonstrated attention to detail, sound critical thinking, and solid problem-solving capabilities. We are looking for a self-motivated person who learns quickly and thrives in a challenging environment. Ability to work independently, prioritize multiple tasks, and take on new challenges is crucial. Required Qualifications 1+ year of experience in portfolio analysis, finance, or have participated in a analyst or intern training program
Desired Qualifications A BS/BA degree or higher in business, finance, or economics
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy
Experience analyzing, interpreting and presenting results to management
Advanced Microsoft Excel skills
Ability to interact with integrity and a high level of professionalism with all levels of team members and management
Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
Other Desired Qualifications Advanced R Experience
In-depth understanding of fixed-income products including mortgage backed securities, structured products, municipal bonds, interest rate swaps and US Treasury bonds
Solid understanding of financial mathematics and models including, OAS framework, Monte Carlo simulation, LMM model, interest rate derivatives models and
For further information, please refer official source from Wells Fargo on following link below. To find out where you fit in, please visit :
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